The rise of technology has propelled businesses into changing their ways when it comes to strategy, execution, and planning. With SAP S/4 HANA, a company’s digital transformation journey can be accelerated by implementing it to its core. However, changing a business’ core is no easy task as it takes a deep knowledge and experience for
The recently announced SAP Business Planning and Consolidation (BPC) 11.0 version for SAP BW/4HANA will improve and simplify planning, budgeting, forecasting, financial consolidation, and reporting. The SAP BPC version 11.0 allows organizations to make strategic decisions while acting as a financial transformation platform. According to SAP, BPC 10.1 support will run until December 31, 2020,
Business-led operations are demanding agile analytics solutions. Are you applying agile principles and practices in all aspects of business operations? A recent study by Gartner predicts the global business intelligence and analytics market will reach $18.3 Billion in value this year, an increase of 7.3 percent over last year, and the market will grow to
“People do not plan to fail, they fail to plan.” Have you heard this quote before? We are sure you have. Everything is a learning experience, including annual budgets. Annual budgets are the framework for both the income and expenditures expected to be received and paid each year. Is your organization currently using Microsoft Excel
“The number of Internet-connected devices is growing rapidly and is expected to reach 50 billion by 2020” This data is overwhelming and testifies the importance and reach of IoT. When we talk about IoT in general, we mean all those devices that communicate and can be accessed via the internet based on their IP addresses.
“MDM plays a key role within an information architecture as a provider and custodian of master data to the enterprise.” ― Allen Dreibelbis, Master Data Management (MDM): What is it? With each year of rapidly evolving business requirements, companies have grown their information system landscapes into complex topographies of ERP, CRM, Business Intelligence, Financial Reporting, Planning,
Churn Analytics is used to identify the customers who are most likely to discontinue using the services / product. This is applicable horizontally across various industries like Telecom, Banking, Financial, Retail etc. Why Churn Analytics is important: As the competition among the industries is growing day by day, the cost of acquiring new customer is
Introduction to CLV Customer lifetime value (CLV) is a metric that represents the total net profit a company makes from any given customer. CLV is a projection to estimate a customer’s monetary worth to a business after factoring in the value of the relationship with a customer over time. CLV is an important metric for