Whitepapers

SAP FC is unarguably one of the most powerful financial consolidation solutions ever built. Being able to deal with even the most complex consolidation needs, the software has been used to great effect by many enterprises. Today, those enterprises are faced with the upcoming end of life of the SAP FC software product. Inplenion pooled together its OneStream and SAP FC experts to recreate SAP FC’s consolidation strengths, leveraging the OneStream platform and the pre-built consolidation functionalities it contains. Enterprises now can enjoy SAP’s IFRS data model and the SAP FC consolidation strengths within the OneStream platform, while also having the ability to extend its use to financial planning, management reporting and other processes.

Outgrowing your current consolidation, planning and reporting process?

Increased commercial success goes hand in hand with increased organizational complexity. Financial reporting is similarly affected; as you venture into new markets and geographies, topics such as foreign currencies, mergers and acquisitions, intercompany transactions and International Financial Reporting Standards (IFRS) become increasingly complex in context of your consolidation, planning and reporting needs. These topics are like those that large enterprises are dealing with. Still, you feel you are not yet in a position where you can spend the same amount of money on them. But internal and external stakeholders do have expectations, also considering the continued company growth and potential future transactions.

Inplenion offers three world class implementation assets that enable you to implement your financial consolidation, planning and reporting processes in OneStream at the quality level that large enterprises demand, but at a fraction of the cost, enabling you to grow boldly and be ready for the future.

The free ride has come to a sudden end

After more than a decade of historically low and even negative interest rates, the market has returned to normal. The Euro InterBank Offered Rate (EURIBOR) has now reached similar heights to those observed before 2010 and debt can no longer be considered a “cost-free commodity”. Companies are faced with increasing interest expenses on their loans and borrowings, exerting pressure on their bottom-line profitability. Cash management makes its return on the Board agenda.