SAP

SAP Financial Planning & Analysis (FP&A)

7.8 /10

32 Reviews Write a Review

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What is SAP Financial Planning & Analysis (FP&A)?

By focusing on risk data policy, governance, data management, and reporting, you can improve capital efficiency. Enable consistent decision making and control risk – all while increasing profits using SAP's Risk and Compliance solutions for financial institutions.

Company Details

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Awards & Recognition

SAP Financial Planning & Analysis (FP&A) won the following awards in the Financial Risk Management category

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SAP Financial Planning & Analysis (FP&A) Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on SAP Financial Planning & Analysis (FP&A).

85 Likeliness to Recommend

4
Since last award

100 Plan to Renew

86 Satisfaction of Cost Relative to Value

4
Since last award

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Emotional Footprint Overview

+93 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love SAP Financial Planning & Analysis (FP&A)?

0% Negative

7% Neutral

93% Positive

Pros

Respectful
Reliable
Client Friendly Policies
Generous Negotitation

Feature Ratings

Average 84

Cheque Management

Market Risk Management

Analytics and Reporting

Anti Money Laundering

Transaction Monitoring

Fraud Management

Asset Liability Management

Policy Management

Credit Risk Management

Regulatory Compliance and Audit

Stress Tests

Vendor Capability Ratings

Average 81

Quality of Features

Business Value Created

Ease of Data Integration

Product Strategy and Rate of Improvement

Vendor Support

Usability and Intuitiveness

Availability and Quality of Training

Ease of IT Administration

Breadth of Features

Ease of Customization

Ease of Implementation

SAP Financial Planning & Analysis (FP&A) Reviews

Akalezi C.

Role: Finance
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2024

Fantastic and holistic product

Likeliness to Recommend

10 /10

What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?

Data from multiple sources can be consolidated and analyzed in real-time, providing up-to-date insights for decision-making. FP&A can uncover hidden patterns and trends in financial data.

What is your favorite aspect of this product?

FP&A provides a centralized platform for budgeting and forecasting

What do you dislike most about this product?

SAP is quite complex to learn at first glance

What recommendations would you give to someone considering this product?

SAP can easily scale from a SOHO environment to a robust environment

Pros

Helps Innovate
Continually Improving Product
Inspires Innovation
Acts with Integrity

Kareem O.

Role: Finance
Industry: Food and Beverage
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Aug 2024

Very intricate

Likeliness to Recommend

8 /10

What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?

SAP FP&A integrates deeply with other SAP solutions, such as SAP S/4HANA, SAP BW/4HANA, and SAP Business Technology Platform (BTP). This integration allows for a cohesive flow of financial data across different modules and systems, enhancing data accuracy and consistency.

What is your favorite aspect of this product?

My favorite aspect of SAP Financial Planning & Analysis (FP&A) is its integration with the SAP ecosystem, particularly its seamless connection with SAP S/4HANA and SAP BW/4HANA.

What do you dislike most about this product?

The main drawback of SAP Financial Planning & Analysis (FP&A) is its complexity and steep learning curve. The platform’s extensive features and deep integration with SAP’s ecosystem can make it challenging for new users to navigate and utilize effectively without substantial training.

What recommendations would you give to someone considering this product?

Develop a detailed implementation plan that includes timeline, resource allocation, and change management strategies. Consider working with SAP consultants or implementation partners to navigate the setup process.

Pros

Performance Enhancing
Caring
Helps Innovate
Reliable

Kshitij A.

Role: Finance
Industry: Consulting
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Mar 2024

Fantastic Product

Likeliness to Recommend

10 /10

What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?

Machine Learning and AI Integration Dynamic Reporting and Dashboards Automated Data Integration

What is your favorite aspect of this product?

Enhanced Collaboration Tools Scenario Analysis Advanced Predictive Analytics

What do you dislike most about this product?

Regulatory Compliance Features User Training and Support

What recommendations would you give to someone considering this product?

Assess Business Needs Engage Stakeholders Evaluate Integration

Pros

Helps Innovate
Continually Improving Product
Reliable
Performance Enhancing

SAP Financial Planning & Analysis (FP&A)

What is SAP Financial Planning & Analysis (FP&A)?

Company Details

Need Assistance?

Awards & Recognition

2023 Data Quadrant Gold Medalist

2022 Data Quadrant Gold Medalist

2020 Emotional Footprint Champion

2020 Data Quadrant Gold Medalist

SAP Financial Planning & Analysis (FP&A) Ratings

85 Likeliness to Recommend

4 Since last award

100 Plan to Renew

86 Satisfaction of Cost Relative to Value

4 Since last award

Emotional Footprint Overview

+93 Net Emotional Footprint

How much do users love SAP Financial Planning & Analysis (FP&A)?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Cheque Management Includes cheque printing, cheque tracking, cheque payment processing, and cheque verification.

Market Risk Management Includes equity risk, currency risk, and commodity risk.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Anti Money Laundering Includes suspicious behavior identification, currency transaction reporting, case management and customer due diligence checks.

Transaction Monitoring Includes Know Your Customer (KYC), cash deposits and withdrawals, wire transfers, and ACH activity management.

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Asset Liability Management Includes interest rate risk, liquidity risk, and funding and capital management.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Credit Risk Management Includes credit assessment, credit scoring, and credit risk analysis.

Regulatory Compliance and Audit Ability to adhere to laws, regulations, guidelines, and specifications relevant to the business. Ability to store documents and trails for audit access.

Stress Tests Includes crisis simulations, scenario generation, and scenario analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

SAP Financial Planning & Analysis (FP&A) Reviews

Akalezi C.

Fantastic and holistic product

Likeliness to Recommend

Pros

Kareem O.

Very intricate

Likeliness to Recommend

Pros

Kshitij A.

Fantastic Product

Likeliness to Recommend

Pros

4
Since last award

4
Since last award

Feature Ratings

Cheque Management

Market Risk Management

Analytics and Reporting

Anti Money Laundering

Transaction Monitoring

Fraud Management

Asset Liability Management

Policy Management

Credit Risk Management

Regulatory Compliance and Audit

Stress Tests

Vendor Capability Ratings

Quality of Features

Business Value Created

Ease of Data Integration

Product Strategy and Rate of Improvement

Vendor Support

Usability and Intuitiveness

Availability and Quality of Training

Ease of IT Administration

Breadth of Features

Ease of Customization

Ease of Implementation