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 decision-making.

Leading performance management consultancy Opal Wave has launched the world’s first menu-driven, easily-customised SAP Analytics Cloud (SAC) dashboards and templates that are pre-configured with integrations and content for SAP Business One and SAP Business ByDesign.

Cloud Score and Cloud Plan are designed for SAP Business One and SAP Business ByDesign and are also compatible with other ERP systems, offering easy-to-access pictographic data to multiple users with different data needs from across the organisation.

These new dashboards and templates significantly reduce the time and costs of producing monthly reports and analysis, thanks to a series of pre-designed models that are fully functioning, using interactive screens and up-to-the-second data.

Monitor showing Analytics Cloud Dashboard

Simon Bell, Sales and Marketing Director at Opal Wave, comments: “We know from our existing SME customers that there is a demand for easy-to-use dashboards that are compatible with their ERP systems.

“In our own business we know the value of having access to real-time data and modelling to make faster, insightful decisions and this has also informed the development of these new products.”

Cloud Score features a series of reports and dynamic dashboards connected directly to SAP Business ByDesign and SAP Business One, but can also be configured for ECC/ S/4HANA or any other ERP, CRM or HR source system.

Cloud Plan delivers a fully functional templated planning process that integrates out-of-the box with SAP Business ByDesign and SAP Business One. It includes process and logic support for a complete Profit & Loss, Balance Sheet, Cash Flow Forecast and Budget process as well as featuring a GDPR compliant headcount planning module.

Through Cloud Score and Cloud Plan, data becomes easily manageable and accessible, enabling management to make better business decisions faster, supported by more accurate and appropriate information.

Simon Bell sales and marketing director Opal Wave

Simon Bell, Sales and Marketing Director at Opal Wave

Simon Bell continues: “Preparing budgets and forecasts can be extremely time consuming, often taking many days or weeks of effort in each cycle. Cloud Score and Cloud Plan are ultimately tools that reduce effort and at the same time enable better decision making, allowing you to close the loop between planning and action.

“These ground-breaking new products will free up management accountants and other senior team members from the mechanics, saving many man days and potentially tens of thousands of pounds. They reduce reliance on spreadsheets for non-finance specialists and the content can be quickly customised for a range of uses and insights, which allows more time for actioning the data and making better, faster decisions.”

Cloud Score and Cloud Plan use AI and machine learning to deliver insight and drive action, and using shared data greatly reduces the risk of inaccuracy. As cloud-based solutions they also remove the need to purchase and maintain software or hardware, creating further cost-savings much needed by SMEs in the current economic climate.

Simon Bell concludes: “Cloud Score and Cloud Plan offer SMEs a world-leading and valuable method of competing with larger organisations, allowing them to be more nimble with better forecasting tools.

“Thanks to our ongoing partnership, we’ve worked with SAP on the integration with software that has been designed with SMEs’ needs in mind and we’re proud to have created a global first with these products.”