This is an edited transcript of the discussion:
Ken Murphy, SAPinsider: Hi, this is Ken Murphy with SAPinsider and I’m at the SAPinsider SAP BPC Bootcamp, and here with me today is Pras Chatterjee, Senior Director of Product Marketing, EPM, SAP. Pras, thanks for being with us.
Pras Chatterjee, SAP: Thanks for having me.
Ken: I know you’re speaking at a lot of sessions here this week; a topic on a lot of people’s minds is Integrated Business Planning. I was hoping you could start by telling our viewers a little bit about the solution.
Pras: Sure, that’s a great question and in fact I should let the viewers know that it’s no longer called Integrated Business Planning for Finance, rather we’ve changed the name to SAP Business Planning and Consolidation Optimized for SAP S/4HANA Finance, because again S/4HANA Finance is now the new name for what was previously Simple Finance, and we want to let our customers know that BPC, the tool that they invest in for their planning and consolidations right now, works and is optimized for S/4HANA Finance.
Ken: Why the name change?
Pras: I think part of the reason for the name change is people started thinking about Integrated Business Planning for Finance as a separate product, and started asking us “How does this compare to BPC?” In reality, it was always just BPC you needed your BPC licenses, but when you use it as part of Simple Finance, or S/4HANA Finance, you had this deeper optimization and content and real-time integration as part of your S/4HANA Finance or Simple Finance investment. So to eliminate the confusion and letting people think it was a separate product, we basically just said “Hey, it’s your BPC investment optimized for S/4HANA.”
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