SAP : Brings Planning, Analysis and Execution Together in One Cloud for Finance

WALLDORF - SAP SE (NYSE: SAP) today announced new financial planning and analysis (FP&A) capabilities in the SAP Analytics Cloud solution that are embedded with SAP S/4HANA Cloud. They provide finance professionals with a best-in-class planning and analysis application and eliminate the need for separate planning, analytics and financial products.

This complete solution for finance includes support for profit and loss, balance sheet and cash flow planning and allows for easy data collection with SAP S/4HANA Cloud and analytics with SAP Analytics Cloud.

FP&A teams often struggle with aligning operational and financial plans and bringing together financial and nonfinancial data throughout their organizations to establish one source of the truth. This usually is because of stand-alone spreadsheets and planning products that are disconnected from underlying financial software. A unified financial management suite that includes planning and advanced analytics can help FP&A teams create more agile planning and help them transform their organization into an Intelligent Enterprise.

'Prior to working with SAP Analytics Cloud, we had created enormous amounts of data, but lacked the tools necessary to plan upon and analyze it,' said Stephen Filreis, director, SAP Program Management, Pratt Industries, maker of corrugated boxes. 'Now we understand where we should target our efforts to maximize our collections group's effectiveness. SAP Analytics Cloud has allowed us to gain visibility into this critical information and get our business users closer to data with intelligent visualizations and meaningful reporting.'

SAP Analytics Cloud is a simple cloud application, which includes planning, business intelligence and predictive analytics capabilities that automate insights. Machine learning technology built into SAP Analytics Cloud highlights key drivers of variances, predicts forecasts and augments data. It tells the story behind the numbers by bringing planning and analysis together and eliminating the need to use separate planning, reporting and predictive analytics tools.

To learn more about the new features available in the latest wave of SAP Analytics Cloud, see SAP Analytics Cloud-What's New for Financial Planning, by Matthias Kraemer.

Visit the SAP News Center. Follow SAP on Twitter at @sapnews.

Media Contacts:
Samantha Finnegan, SAP, (415) 377-0475, samantha.finnegan@sap.com, ET Elizabeth Somerville, PAN Communications, (415) 544-7231, SAPanalytics@pancomm.com, PT

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as 'anticipate,' 'believe,' 'estimate,' 'expect,' 'forecast,' 'intend,' 'may,' 'plan,' 'project,' 'predict,' 'should' and 'will' and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ('SEC'), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2018 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.