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SAP BPC News Blog from Opal Wave
The benefits to SAP BPC users in upgrading to version 11.
The benefits to SAP BPC users in upgrading to version 11. A question I am asked regularly by SAP BPC users is what are the benefits of upgrading to BPC version 11. With the…
Planning in ERP
Planning in ERP?I recently presented at the UKISUG SAP User Group’s Analytics Symposium and demonstrated use of SAP Analytics Cloud (SAC) integrated to provide a comprehensive…
Why SAP Analytics Cloud should be considered as the de-facto “Holistic Finance Platform” for SAP Business ByDesign and SAP BusinessOne users?
Why SAP Analytics Cloud should be considered as the de-facto “Holistic Finance Platform” for SAP Business ByDesign and SAP BusinessOne users?A “Holistic Finance Platform” as I…
RISE with SAP
RISE with SAP“RISE with SAP” is the latest initiative announced to bring together some existing trends already in play, as well as unveiling some major commercial changes. I…
What is the future roadmap for SAP BPC?
What is the future roadmap for SAP BPC?This article directly follows the blog “Where does SAP BPC sit in a future EPM deployment roadmap?” written by Simon Bell, last week. This…
Where does SAP BPC sit in a future EPM deployment roadmap?
Where does SAP BPC sit in a future EPM deployment roadmap?What is SAP BPC? SAP Business Planning & Consolidation [BPC] delivers planning, budgeting, forecasting and financial…
Why SAP Analytics Cloud is the best (and maybe only) tool to create Dashboards on top of SAP BPC data
Why SAP Analytics Cloud is the best (and maybe only) tool to create Dashboards on top of SAP BPC data As an SAP BPC user or administrator you might have needed to publish BPC…
Managing SAP is such a hassle, why don’t most companies move to cloud?
Managing SAP Most companies have already moved many of their applications and workloads to cloud over the last decade, to enjoy the many well-known benefits it offers and avoid…
SAP security in a Mobile/Remote World
SAP security and securing other core systems used to be all about user access levels and privileges to ensure they could only access the data they needed for their job and not…
‘SAP on Cloud’: support considerations
‘SAP on Cloud’: support considerationsRunning critical business applications like SAP on cloud can deliver several potential benefits to users compared to hosting with an…
How to reduce SAP costs using cloud and Managed Services
How to reduce SAP costs using cloud and Managed Services In this article I want to look at the main cost elements associated with running your own SAP applications on…
Cloud Migration is no longer about “R-Factors” but “Human-Factors”
Cloud Migration is no longer about “R-Factors” but “Human-Factors”Earlier this year, I wrote an article about whether the original 5R model for cloud migration was still valid…
What actually are all these different SAP clouds?
SAP HANA Enterprise Cloud (HEC), SAP HANA Cloud Platform (HCP), SAP S/4HANA Cloud and, most recently, lots of references to SAP Industry cloud. Are all these different SAP cloud…
SAP Partners must develop IP around Cloud to deliver post COVID needs
Historically when company revenues decline it has led to IT budgets being cut back. IDC have recently explored this assumption to try to answer how they think that organisations…
SAP BPC and the road to Group Reporting
If you are an SAP S/4 HANA user or are on the roadmap to deploy S/4 HANA, then SAP S/4HANA Finance for Group Reporting is SAP’s new strategic product for financial consolidation…
Ten Benefits from Analytics and Business Intelligence
Business Intelligence (BI) is vital in our digitally-driven world. Essentially it gives you an additional ‘sense’: a commercial vision that can help you see and process far more…
Are you ready to move your critical workloads to Cloud?
Are you ready to move your critical workloads to Cloud?Mission and business critical can mean different things to different organisations, operating in various verticals, however…
Building a Business Case to move SAP to Cloud
Building a Business Case to move SAP to CloudWhen it comes to Cloud, the return on investment (ROI) is more likely to be calculated as the ratio between the ‘net financial gain’…
Opal Wave launches world first for SMEs with SAP Analytics Cloud Dashboards and Templates for SAP Business One and SAP Business ByDesign
Also compatible with other ERP systems, these new products can save days and tens of thousands of pounds on producing reports to allow SMEs to focus on forecasting and dynamic…
Five Ways to Reduce Your Cloud Costs
Without close monitoring of expanded use, your business could find its cloud bills growing each month. David Penny, Director of Cloud Services at Opal Wave, takes a look at some…
Tips for a Successful SAP Migration to Cloud
Tips for a Successful SAP Migration to CloudHosting systems on more traditional infrastructure on-premises can tie up valuable IT resources required in supporting and maintaining…
Planning a move to HANA? – delaying it might be the best decision
Delaying the plan to move at HANA might be a good decision After SAP’s Sapphire Now conference, June 2020, many online delegates will have seen the showcased wonders of SAP…
The 7 Benefits of consuming SAP BPC as a Service
The 7 Benefits of consuming SAP BPC as a ServiceSAP BPC has always been architected as a truly web based solution. All communications between the server and the client, regardless…
Agility the real benefit of HANA
Mistakes moving to cloud: the stakes get higherThere are many articles around concerning migrations to the cloud and various forms of advice on how to move to cloud, planning…
Analysts predict Private Cloud spending will quadruple in 5 years
Public cloud spending continues to grow, with IDC estimating that the global market will double to around $500bn by 2023. That may not be surprising to you, but you may be…
Public vs Private Cloud
Public vs Private CloudWhen we look at market figures for cloud growth, we generally consider the three main categories of Software as a Service (SaaS), Infrastructure as a…
New to SAP Analytics? Here’s 8 videos you must watch
SAP Analytics Cloud VideosEasy to deploy and help our customers run at their best and become an SAP Analytics expert with these helpful videos.……
10 Benefits of Using SAP BPC for Consolidated Financial Statements
Consolidated Financial StatementsProducing consolidated financial statements is a vital corporate process – aggregating results within a group on a monthly, half-yearly or…
Loose Management Reporting blues in 10 ways with SAP Reporting Tools
Management ReportingThe dictionaries tell us management reports are sources of business intelligence that help organisational leaders make better informed and more accurate…
7 Key Benefits of SAP BPC for the field for Operational Planning
SAP’s Business Planning and Consolidation (SAP BPC) application is aptly named. That is because the world’s most advanced all-round enterprise performance management software…
10 Top Benefits of using SAP BPC for producing management reports
Many senior executives are now under pressure like never before to ensure their organisations achieve targets in areas like income generation and cost control. They therefore need…
SAP Analytics Cloud Dashboards
See how 60 minutes can impact your business decision making What can you really achieve in an hour to improve your business decision-making…
SAP Analytics Cloud Smart Discovery, Data Science influences everyone
SAP Analytics CloudIn this video, we give you a quick glance at the SAP Analytics Cloud Smart and you will learn about the use of sap analytics…
SAP Analytics cloud – Get the answers you need with Search to Insight
Search to InsightSAP Analytics Cloud (SAC) Search to Insight enables conversational Business Intelligence using AI algorithms to understand your…
Analytics to grow your business – go live in an hour
Go Live in an hourAdvances in analytics mean that the opportunity to better understand the landscape and your business has never been greater, but…
Take ‘Go Live In A Day’ Challenge and see results in 24 hours
Go Live In A DayWhat can really be achieved in a day that will transform your business? Very little you might think, but we have many happy clients…
Disturbed by SAP BPC Cost And Timescales? Try Once With Opal Wave…
Disturbed by SAP BPC Cost And Timescales?Do you need a planning, budgeting, forecasting and reporting solution but have been put off by the thought…
Move to IFRS 16 –Secure your Reputation And Business Funding Future
Move to IFRS 16There are just two weeks to go until IFRS 16 becomes effective on 1 January 2019 and it could cost your company in several different…
Opal Wave used World’s first SAP HANA Service Platform and BPC Cloud
Opal Wave used World's first SAP HANA Service Platform and BPC CloudGround-breaking Enterprise Performance Management (EPM) and BI consultancy Opal Wave is taking hybrid cloud…
Best Solutions for Intelligent Enterprise are SAP Analytics, BI & ERP
The quality of the solutions we recommend, install, maintain and upgrade has been underlined in three recent prestigious pieces of research by respected independent……
6 Questions About SAP BPC IFRS 16 Solution
International Financial Reporting Standard (IFRS) 16 becomes effective for accounting periods starting from 1 January 2019. This will have a dramatic effect on accounting for…
How we Troubleshoot the SAP HANA challenges faced by Consultants
We’ve stated many times on this website and elsewhere that we recommend SAP HANA to power the SAP Business Planning and Consolidation (BPC) solutions we install, maintain and…
Free Resources for IFRS 16 – 37 Essential Links
The vital International Financial Reporting Standard (IFRS) 16 becomes effective from 1 January 2019. Our rapid deployment IFRS 16 solution for SAP Business Planning and…
Preparing for IFRS 16? Let us remove all the time, effort and worry
Let us remove time, effort and worry from your preparations for IFRS 16International Financial Reporting Standard (IFRS) 16 – which could be much more important for your business…
IFRS 16 solution
This post describes the IFRS 16 solution for leases developed as a component of the SAP BPC with the Opal Wave BPC Cloud Go Live in a Day rapid deployment template. It is however…
High-Speed Broadband Connections for processing is always Good News
You may recall that in January 2018 we welcomed the UK government’s announcement that it would make high-speed internet connections a legal right from 2020. We’re now equally…
IFRS 16 Implementation and business impact
We noted in an earlier post that implementation of IFRS 16 would likely result in greater effort for finance teams as they had to contend with both a greater volume and complexity…
IFRS Impact on Financial Statements and reporting metrics
The key objective of IFRS 16 and IAS 17 before it, is to improve comparability and transparency of Financial Statements. As referenced in earlier posts in this series,…
What is SAP BPC?
What is SAP BPC? SAP BPC is a set of software capabilities that supports the creation, management and end-to-end delivery of financial processes. These include: Budgeting…
The key differences between IFRS 16 and IAS 17
IFRS 16 relates to accounting for leases and was issued in January 2016 by The IASB (International Accounting Standards Board) and replaces IAS 17. IAS 17 Leases (developed by…
What is IFRS 16?
IFRS 16 replaced IAS 17. IFRS 16 is related to accounting for leases and was released in January 2016 by The IASB (International Accounting Standards Board) The purpose of the…
SAP BPC 11 version for BW/4HANA: Key developments on leading statutory consolidation software
With the release of SAP BPC version 11 on the latest BW/4HANA platform, the limitations within the consolidation component in the Embedded model on 10.1 have been lifted. This…
What a difference a day makes…
24 little hours, as the song goes. 86,400 seconds to be precise. But what can really be achieved in that time, and, more importantly what difference can anything that’s achievable…
Extending full fiber broadband coverage in UK has to be welcomed
In a post last month, we endorsed the UK government’s launching of a review aimed at encouraging higher investment by telecoms companies in full fibre broadband. This development…
On-premise hyperion applications are dying ! Customers need SAP BPC
Recent market reports have suggested that Oracle is placing heavy pressure on customers with on-premise versions of its Hyperion Financial Management and Hyperion Planning…
SAP and Own Experience show results in rise of cloud and HANA
We weren’t surprised that SAP posted another set of highly respectable financial results for 2017. After all, that company makes the world-leading enterprise software for business…
GDPR and IFRS 16 Compliance? Easy with SAP BPC Managed Cloud
Market research company Forrester gave the downloadable guide containing its predictions for 2018 the subtitle “A Year of Reckoning”. The company says it believes those words…
Help available underlines why divulging passwords is never advisable
Mid-Bedfordshire Conservative MP Nadine Dorries tweeted recently that she reveals her Parliamentary log-in details to her team, including interns on exchange programmes, and…
UK broadband progress is welcome, Still a lot to work on
We welcome the UK government’s announcements that it will make high-speed internet connections a legal right from 2020 and is launching a review aimed at encouraging higher…
Standard or Embedded Model – which one is right for you?
Deciding whether to go down the SAP BPC Standard route or the Embedded Model route is very much dependent on your requirements, your team’s skill set and – one of the most…
You’ll be converted by this latest feature
One of the latest features of the Opal Wave SAP BPC Cloud solution enables a seamless integration of ECB currency conversion rates. Fouad El Hage, Managing Consultant, tells us…
When Excel stops excelling
Microsoft Excel is one of the most widely used personal productivity tools, but what happens when it stops excelling for you and your business? Microsoft Excel is one of the most…
Opal Wave business software consultants increased 35 percent turnover
Leading business software consultants Opal Wave have reported a 35 per cent increase in turnover during the year ending 31 March 2017. The organisation, which specialises in…
Opal Wave’s service help to recruit more blue-chip clients in 2016-17
Opal Wave continued to expand its roster of big name business clients deploying SAP BPC and BI software for planning, budgeting and consolidation during a highly successful…
World’s first company to qualify for greatest SAP partnership
Opal Wave has launched the unique BPC Cloud and become the world’s first company to qualify for the SAP Partner Managed Cloud scheme covering the manufacturer’s Business Planning…
Opal Wave’s unique product support business in GDPR & BEPS compliance
Opal Wave’s BPC Cloud, the unique cloud-based version of the SAP Business Planning and Consolidation (SAP BPC) system can help organisations avoid significant penalties for…
4 fine graduates join Opal Wave’s eminent Associate Consultant Scheme
Business software experts Opal Wave have recruited four top quality graduates into their prestigious and highly selective associate consultant programme. The company, a specialist…
SAP HANA… New readers begin here
You’ll see quite a few references on this website to the SAP HANA database management system. These include where we refer to customers with a version of the SAP Business Planning…
Large Clustered Clients should consider to Upgrade Windows Server 16
Mainstream support for Windows Server 2012 R2, the server version of Windows 8, is ending in just over a year. That means clients with large Windows clusters now have to start…
Worried about data security? You are in better hands
A recent survey revealed that British companies are now hoarding a dramatically increased amount of the digital currency Bitcoin. This research, commissioned for corporate…
Introducing the new features of SAP HANA Cockpit 2.0
A new version of the cockpit has been added to SAP HANA, which Opal Wave regards as the most advanced in-memory database platforms available to businesses today. That opinion…
Brexit issue leads to automating business planning and mergers
The Economist, a respected and analytical journal not normally given to hyperbole, recently described Britain as “having a very public nervous breakdown.” The reason? The…
How confident are you that every piece of technology that underpins your SAP BPC system is performing optimally?
Do the servers and client PCs all have sufficient performance? What about all the underlying software products such as the operating systems and databases – have they been…
Opal Wave launches a unique cloud-based accounting system
UK-based software consultancy Opal Wave has launched a unique version cloud based accounting system of a market-leading accounting system, bringing it within the reach of even the…
New Website and 3 recruits by OPAL WAVE on 50 percent turnover rise.
Business software experts Opal Wave have made three key appointments and launched a new website after recording a 50 per cent turnover increase in the last financial year. The…
ODBC IIS logging on Server 2008 R2 used for BPC 7.5 Microsoft
With the option to swap the IIS 7.5 logging from standard to ODBC no longer a GUI option the process of setting up logging to the BPCLog table has become a more involved task.…
User Defined Dimensions in Data Manager Package Prompts
Have you ever tried customising the prompts in a BPC Data Manager package to include user defined dimensions? It is not as obvious as you might expect, but still straightforward…
Budgeting & Forecasting in the 21st Century
If you’re in the North of England, you may want to check out our seminar on Wednesday 20 November in conjunction with Bradford Chamber of Commerce. It’ll be a great 2 hour session…
New Clustered Columnstore Indexes in SQL 2014
In SQL Server 2012, Microsoft introduced the new memory optimized Columnstore Indexes (based on xVelocity). These group and store data for each column and then join these columns…
SAP Cloud Options
As we discuss customer roadmaps for SAP BPC NetWeaver more and more, two fundamental questions keep occurring: Should we go to HANA? Do we need to go to the Cloud? These are two…
Opal Wave achieves SAP Gold Partner Status
We’re very pleased to be able to announce that Opal Wave has been awarded Gold VAR status by SAP in recognition of the work we do. Thanks to all of our team and our customers who…
