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The end-to-end solution for consolidation in the cloud
Group consolidation with SAP SAC and SAP BTP
Trust the SAP Analytics Cloud with the NDC Financial Consolidation extension based on the SAP Business Technology Platform for your group consolidation. This technology simplifies the entire process and requires no programming, so it minimizes costs and maximizes transparency. In this article, we will explain the migration paths of SEM-BCS, BPC, and BO FC (ex-Cartesis).
SAP S/4HANA
Do you have extensive SAP and S/4-driven architecture, and you’re seeking to replace an outdated consolidation system and strive for integration?
Mixed Sources
Is your company using multiple systems, and you’d like to harmonize and standardize them?
Stand-Alone
Is “all” that you need a consolidation tool because you’re employing best-of-breed IT architecture and making a lot of decentralized decisions?
Use the SAP Analytics Cloud for reporting, planning, and now also for group consolidation
When we are working with our Swiss partner NDC, we rely on their product NDC Financial Consolidation. It’s an ideal solution for customers who want to migrate from SAP Financial Consolidation (BO FC), SEM-BCS, or SAP BPC, or who are using a hybrid or non-SAP-based consolidation solution.
NDC Financial Consolidation provides open, configurable, and future-proof technology that covers the entire consolidation process in a single tool, from data modeling and capture to rules and cycles to reporting and analysis. This solution allows business users to customize settings without coding, and it supports multiple accounting standards, periods, and scenarios. It also reduces the effort and costs involved in group consolidation and increases the transparency and auditability of financial results.
Free demo appointment
Book a free demo appointment and see how easy it is to consolidate your group’s results with SAP Analytics Cloud and the SAP Business Technology Platform.
Inquire now with no obligation
Inquire now with no obligation
Webinar: Legal consolidation with SAP SAC and SAP BTP
In our webinar, our experts will show you the next generation of SAP-based consolidation solutions.
To the recording
To the recording
The platform
The platform provides an integrated environment in which users navigate seamlessly through the SAP Analytics Cloud, making it ideal for reporting, planning, and consolidation. This comprehensive approach reduces training costs, as users are familiar with the uniform user interface. Tight integration with SAP S/4HANA, SAP BW/4HANA, and SAP Datasphere enables smooth data exchange and a coherent data structure across different business units.
Shared platform resources create synergies, which make work more efficient. Customization and enhancements are intuitive, and users gain a 360-degree view of their data. The platform serves as a central point of contact for business analysis and decision-making. Its seamless integration with the existing SAP infrastructure makes it a powerful tool for optimized data-driven management.
SAP EPM Portfolio
With the SAP EPM portfolio, companies can improve their financial and operational performance, make informed decisions, and adapt flexibly to change. Seamless integration with other SAP products, such as SAP S/4HANA and SAP BW/4HANA, enables across-the-board, efficient use of corporate data. SAP EPM is therefore a key component for companies that want to improve their performance and optimize their business processes.
Hollistic EPM Platform
The platform responds flexibly to changes in the business environment. Thanks to the integration of artificial intelligence and machine learning, it can make predictions, identify trends, and provide forward-looking recommendations.
Overall, this EPM platform provides companies with a robust set of tools for optimizing performance, using resources efficiently, and positioning themselves successfully in a dynamic business environment.
The process
The process begins with the collection of required data by input packets, either automatically or manually. Validations ensure the quality and consistency of the data collected at this stage. Before the data is subjected to the actual group consolidation, a careful review is performed using a predefined and extensible set of rules.
From data collection to reporting
Group consolidation: The process at a glance
Functions
The solution’s capabilities offer complete visibility and audit assurance, as all steps are logged in detail. This starts with data packet imports and ends with closing financial statements, ensuring traceability and compliance with external audits. The features for matrix and plan consolidation are especially noteworthy. Begin with a standardized consolidation model, expand it to include your own dimensions and attributes, and leverage variant and version dependencies.
Company rules
Add custom and configurable company rules and procedures to automate the process of group consolidation.
Data modeling
Define your data model, including custom dimensions and attributes, and variant or version dependency.
Data import
Set up custom data imports, input restrictions, and validations.
Reporting
When working with our Swiss partner NDC, we rely on the product NDC Financial Consolidation.
This solution is an ideal choice for customers who want to migrate from SAP Financial Consolidation or SAP BPC. It is also suitable for companies that use a hybrid environment or have implemented a non-SAP-based consolidation solution.
NDC Financial Consolidation enables smooth migration and flexibility to adapt to different consolidation requirements. With its open and configurable technology, the product provides a comprehensive solution that covers the entire group consolidation. This includes not only data collection and validation but also rule definition and the creation of meaningful reports and analyses.
Reporting
Consolidation Monitor
Why use NDC Financial Consolidation for your group consolidation?
NDC Financial Consolidation provides the following benefits:
Efficient migration of BPC, SEM-BCS, and SAP FC to the cloud
For companies that want to migrate from SAP Financial Consolidation, SEM-BCS, or SAP BPC, NDC Financial Consolidation provides a smooth and efficient migration solution.
Holistic process for group consolidation
The solution covers the entire consolidation process, from data collection and validation to rule definition to creating meaningful reports and analysis.
Suitable for hybrid data architecture with many different ERP systems
The platform is ideal for companies that use hybrid IT environments or have opted for a non-SAP-based consolidation solution.
Open and configurable technology
NDC Financial Consolidation features open and configurable technology that can be easily adapted to a company’s specific needs and processes.
Adaptability
The platform allows companies to adjust their consolidation settings without any need for extensive programming, allowing them to be flexible in response to changes in business requirements.
Support for various standards
NDC Financial Consolidation supports multiple accounting standards, periods, and scenarios, making it a versatile solution for different business needs.
