SAP & Edgewater

Automate Your Close Process & Improve Your Planning and Forecasting

Isn’t  it time to automate your close process?  Or better yet, implement better planning and forecasting processes to adjust with today’s ever changing business environment?

If you are like most small and medium businesses (SMBs), your company has outgrown its financial consolidation and reporting processes. More than likely, it has gotten out of control and is now a complicated, manually intensive process.  And as your business has grown, so have your finance team’s challenges with addressing accounting challenges such as currency translations, reevaluation, intercompany movements and so on. 
 
And if you aren’t stressed out enough - your management team is also putting the pressure on you and your team to provide aggregated financial data in multiple perspectives so they can measure performance across the business.   There is a need for greater visibility into the financials and to plan more effectively, however, the planning process is cumbersome and requires the management of multiple versions of excel.   Variance Reporting or updating a Rolling Forecast requires late nights going through iterations and validating data.

Solutions are within your reach!   Edgewater is offering SMBs fixed-fee implementation and software package options to address two key areas: (1) consolidation challenges and (2) budgeting and planning processes.  And they can be accomplished within 8 weeks. 

Take the first step today by exploring the solution options we are offering below.

• Consolidation Solution  –Edgewater will implement an enterprise-class consolidation solution that will significantly shorten your close and streamline the process. The packaged solution includes up to 10 users within your company plus proven implementation methodology.
• Budgeting and Planning Solution  – Edgewater understands forecasting and planning is more important than ever in today’s economic climate. Our solution provides organizations the ability to perform bottom-up and top-down planning with a single application and user interface.

Since 2003, Edgewater has been an SAP BPC Partner and has implemented more than 100 SAP BPC projects. Our Enterprise Information Management (EIM) Practice leverages the power of BusinessObjects by providing highly integrated, scalable and information rich solutions that improve profitability and measure performance.

SAP and Edgewater are partnering to provide our clients with the best Enterprise Performance Management (EPM) solution possible.  SAP is an industry leader in supplying EPM solutions.  As a leading professional services provider in the specialty Information Technology services market, together we provide a high value software and implementation team dedicated to provide world class EPM solutions. 

SAP helps organizations achieve a unified process that allows them to better plan, manage and improve performance. Using SAP BPC, our clients experience better alignment of objectives, plans and tactics, improved decision-making and, most importantly, improved execution of the organization’s objectives.

Areas of Focus

• BPC (Business Planning and Consolidation)
  SAP Product:  Outlooksoft
  • Removing Excel Automation
  • Simplifying Planning
  • Ensuring accuracy and consistency of financial and operation rollups
  • Real-time updates
  • Migrating to a to a system/application designed to support the annual planning process (as well as periodic forecasting)
  • Ability to perform on-the-fly “what if” scenarios
  • SRC Conversion
• EPM (Enterprise Performance Management)
  SAP Product:  BusinessObjects
  • Support for all financial, control and compliance processes
  • Enablement of reliable corporate accountability with closed loop performance management
  • Common business definitions to drive consistency and alignment across business processes
  • Breadth and trustworthiness of financial information
  • Pervasive solutions which support business process collaboration
  • Managing financial and operation risk proactively
  • Predictive insight to allow strategic agility
• Enterprise Information Management (EIM)
  A Process, not a Product
  • Data Quality
  • Master Data Management
  • Data Governance
  • Data Integration
  • Data Architecture

Case Studies

• Beckman Coulter Addresses Consolidations with SAP BPC
• Watkins Keeps Financials Out of Hot Water
• Business Intelligence at Valent
• Business Intelligence for a National Supplier of Horticultural Supplies
• Multi-Billion Dollar Frozen Dessert Product Distributor and Supplier Chooses SAP BPC