SAP Profitability and Performance Management Solution (PaPM) | Top 5 Things You Need to Know Now

For those who are unfamiliar with the terminology, PaPM is SAP’s rebranding of the Performance Management for Financial Services solution (previously known as FS-PER.) FS-PER was initially developed with a focus on the Financial Services industry and it delivered many functions out-of-the-box for funds transfer pricing, insurance valuations, and integration with SAP’s Finance and Risk Data Platform. However, the tool now has been refocused to serve a broader range of verticals outside of the financial services industry.

SAP Profitability and Performance Management provides a new generation of integrated performance management applications that can leverage existing data and information models from other SAP and non-SAP applications in the cloud or on-premise without the need to create additional data models.

Built on top of SAP HANA’s in-memory platform and leveraging the user experience principles of SAP Fiori, it is designed to run simply and comfortably for business users and provide real-time insights through guided configuration of business rules, the ability to quickly process large volumes of data, and the use of flexible simulation parameters.

In our previous post, we outlined five key features of FS-PER:

  1. Role-based user environments
  2. Built-in functions to read live data from database tables, views, and other applications
  3. A powerful, native HANA calculation engine for rapid processing of intensive allocation and calculation rules
  4. Flexible parameter sets for simulation and “what if” scenarios
  5. Built-in integration functions to write data back to HANA tables, BW InfoProviders, and SAP Analytics Cloud

These features are still very much part of the rebranded PaPM solution; however, SAP has also delivered new capabilities designed to frame the tool as a broadly applicable profitability allocation and performance management tool that can be leveraged in any industry (not just Financial Services).

Rich New Sample Business Content

Back when the solution was known as FS-PER, most of the sample business content that SAP delivered was primarily focused around scenarios for banking and insurance, such as funds transfer pricing and solvency management. However, in PaPM, the content base is expanded to focus on needs within other industries, such as:

  • Retail
  • Automotive
  • Mining
  • Engineering and Construction Operations
  • Industrial Machinery and Components
  • Transportation and Logistics
  • Consumer Products
  • Life Sciences
  • Healthcare
  • Utilities
  • Oil and Gas
  • Public Sector
  • Telecom

The content is designed to provide ideas and best practices for how to model scenarios in these different industries. Usage scenarios include:

  • Profitability and cost management and analysis by customer, product, channel, and route
  • Management of IT costs using standardized technology business management activity-based costing rules
  • Assessments and distributions of G/L level data using iterative allocation rules with traceability back to the original cost center/cost element
  • Agile planning and forecasting through driver based predictive and deep learning models
  • Supply chain and overhead optimization scenarios
  • Product/service/branch costing and pricing scenarios
  • Shared services costing scenarios

This content comes prepackaged and can be deployed and customized to fit a customer’s specific needs and achieve fast time-to-value when building complex cost and revenue allocation models to create the data foundation for flexible, high speed profitability analysis.

New Cloud Capabilities

In addition to the delivery of new content, PaPM is now available for cloud deployment:

  • The SAP HANA platform that supports SAP Profitability and Performance Management can be deployed on-premise for maximum control.
  • It can also be delivered from the cloud for fast time-to-value, or through a hybrid model that supports a variety of deployment scenarios.

Deployment Options

PaPM also allows easy integration with SAP Analytics Cloud and the Digital Boardroom by reusing the capabilities of SAP HANA and BW to support both live and imported data connections.

  • Allocations/calculation functions created in PaPM’s Fiori interfaces automatically generate Calculation Views in the native HANA database the tool is run on; SAP Analytics Cloud can connect directly to these views to obtain live access to the calculation results.
  • PaPM can also write the calculations back to BW or post the data back to FI-CO tables in ERP or S/4HANA; SAP Analytics Cloud can then connect to these results through InfoProviders or CDS views.

This connectivity allows additional planning and analytics to be performed on the detailed results of the cost and revenue allocation models.

Enhanced Allocation Functionalities

In PaPM, the Allocation function is used to model a range of allocations, assessments and top-down distributions, including step-down and iterative cycles. The core of the tool’s powerful use cases in profitability and performance management applications stems from the ability to leverage this function type to flexibly define detailed allocation scenarios that can be created with little to no coding, and it can execute on large numbers of records in seconds through the HANA calculation engine.

The capabilities of this function type are enhanced from previous versions. One such enhancement is the ability to include multiple rules (also referred to as allocation segments) using different filters and distribution bases within a single function, making it easier to maintain large environments.

papm allocations

Source: TruQua, Internal Systems

In addition, integration has been enhanced to allow synchronization with existing allocation configurations in an ERP or S/4HANA system. For the most common rule types, the Allocation function now allows you to carry out replication of existing allocation cycles using the new “FI-CO Allocation” allocation type.

papm allocations

Source: TruQua, Internal Systems

The controlling area and the allocation cycle can be selected from the source system, and then the “Sync” button can be used to replicate the cycle configuration with all its segments into the Allocation function, where the modeling user can then continue with further manual configuration (for example, sender and receiver input settings). That way, existing SAP allocation rules can be easily utilized in a Profitability and Performance Management application.

New Flow Modeling Function

As of SP01, PaPM has also introduced a new “Flow Modeling” function type, which can be used to produce a best estimate cash flow using a variety of rule types delivered by SAP to provide encapsulated, reusable logic for flow calculations.

papm flow modeling

Source: TruQua, Internal Systems

In this type of modeling, users will typically leverage one of the delivered calculation types and input various market and economic indicators are such as interest rates, currency rates, inflation rates and growth rates. Based on the inputs and the type of calculation chosen, PaPM will then output a best estimate cash flow (BECF) to attempt and describe the most likely future outcome.

The different types of BECF rules that can be leveraged for modeling can be found in the SAP Help page for the Flow Modeling function type:

New Process Flow and Audit Capabilities

Finally, PaPM has delivered some additional technical-oriented developments in past releases to complement the new business functionality and sample content. One of these new features is the ability to create, deploy, execute, and monitor Processes (a functionality common to many SAP planning solutions.)

papm flow capabilities

Source: SAP Help

The inclusion of this functionality allows users to create guided task lists with deadlines to help assign key tasks in a process to different users, and to track the progress of completing that process overall.

In addition to basic process flow capabilities, there are also new auditing capabilities to trace the changes made to models in a PaPM environment.

papm modeling history

Source: SAP Help

Once an environment is selected, a detailed list of all changes to the environment, functions and fields are displayed on the right-hand side of the screen. It is also possible to restore older versions of an environment, function or field.

By rebranding FS-PER as Profitability and Performance Management (PaPM), SAP is making an effort to expand the target audience of the solution outside of organizations in the financial services industry, and now presenting it as a generic profitability allocation and analysis tool that can be leveraged by companies in more verticals.

To further this effort, SAP has developed a lot of powerful sample content, covering a multitude of different industry use cases. SAP has also further developed the tool’s integration capabilities with other solutions such as S/4HANA and SAP Analytics Cloud, allowing it to easily plug into a variety of planning and analytics scenarios.

This integration has been primarily achieved by enhancing the built-in function types in PaPM, while still keeping them user friendly enough that they can be executed without heavy coding or IT involvement.

For organizations looking to build powerful performance management applications that can be configured quickly and integrated into their existing landscapes, PaPM is a powerful option for achieving this.

For more information about PaPM and how it can help your business, fill out the form below and we will contact you soon.

*Post based off information as of version 3.0 SP02

TruQua Enterprises Ranked Top 50 On 2018 Top Company Cultures List Presented By Entrepreneur And Energage

TruQua Enterprises Ranked Top 50 On 2018 Top Company Cultures List Presented By Entrepreneur And Energage

top company cultures 2018
September 19, 2018 – CHICAGO, ILLINOIS
– TruQua Enterprises was recently ranked on Entrepreneur’s 2018 Top Company Cultures list, a comprehensive ranking of U.S.-based businesses exhibiting high-performance cultures created in partnership with employee engagement platform and service provider Energage. The Top Company Cultures list has placed TruQua as the #49 company in the Small Company category. TruQua is recognized for creating an exceptional culture that drives employee engagement, exceeds employee expectations and directly impacts company success.

“Our company culture is strongly tied to our core values of ‘Smart. Driven. Nice.’” says TruQua Enterprises Founder and Partner Scott Cairncross. “Our employees support each other because we all believe that one person’s success is everyone’s success. In return, we support our employees by giving them high levels of autonomy, while even supporting their personal goals.”

“We started TruQua only eight years ago. From the beginning, we’ve placed importance on developing an exceptional and exciting company culture, and as a result of this, we have built a strong culture of high trust, connection, ownership, belonging and meaning that creates genuine drive and motivation,” says Cairncross.

“Great company cultures don’t happen by accident. They happen because leaders understand how to create excellent working environments, and how to make everyone share the same mission,” says Jason Feifer, editor in chief of Entrepreneur magazine. “Our 2018 Top Company Cultures list is a great celebration of companies that are doing it right, and it should serve as inspiration for everyone who leads a team.”

The full list, presenting a total of 150 companies categorized as small, midsize or large companies—with 74 or fewer employees, 75-299 employees and more than 300 employees respectively— is available on Core insights, behaviors and attributes that have helped to shape the high-performing cultures presented by the top companies are shared alongside practices to help other companies develop their own workplace environments.

“Becoming a Top Company Cultures winner isn’t something an organization can buy,” said Doug Claffey, CEO of Energage. “It’s an achievement which organizations have to work for. Based on our decade of research, we have come to view workplace culture is the only remaining sustainable competitive business advantage. Great strategies can be copied, but culture cannot.”

Employees took online surveys, and the honorees were determined and ranked based solely on their survey feedback scores. Each company was measured in response to 24 questions on subject matters such as connection, alignment, effectiveness, leadership and management, as well as basics such as pay, benefits and flexibility.

To be considered for the ranking, the companies must have had at least 35 employees, have been founded before Jan. 1, 2016, must be founder-led (at least 10% ownership of the company), and be headquartered in the U.S. There was no cost to participate in the survey. Individual employee responses were anonymous.

To view TruQua Enterprises in the full ranking, visit


TruQua Enterprises is an IT services, consulting, and licensed SAP development partner that specializes in providing “True Quality” SAP solutions to Fortune 500 companies with integrated, end-to-end analytic solutions. Through project management, software innovation, thought leadership, implementation and deployment strategies, TruQua’s team delivers high value services through its proprietary knowledge base of software add-ons, development libraries, best practices, solution research and blueprint designs. For more information, please visit or follow us on twitter @TruQuaE.

Molly Reppen
TruQua Enterprises

For 41 years, Entrepreneur Media Inc. has been serving the entrepreneurial community providing comprehensive coverage of business and personal success through original content and events. Entrepreneur magazine,, and publishing imprint Entrepreneur Press provide solutions, information, inspiration and education read by millions of entrepreneurs and small business owners worldwide. To learn more, visit

About Energage
Energage is an HR Technology company based in Exton, PA. Their employee engagement platform combines HR technology, reliable insights, and expert guidance to transform your workplace. Their 14 million employee survey responses gathered over more than a decade offer insights into clear next steps to develop an employee-centric approach to success.

JS Irick, Sonam Pawar of TruQua Enterprises to Present at Financials 2018 in Prague

CHICAGO, ILLINOIS | August 28, 2018 – TruQua Enterprises is proud to announce that JS Irick and Sonam Pawar will be presenting at the upcoming SAPinsider Financials 2018 conference, taking place October 16-18, 2018 at the Prague Congress Centre. This year’s must-attend financials event is packed with in-depth knowledge sessions, hands-on labs, live product demonstrations, panel discussions, and interactive forums showcasing the latest products and updates from SAP.

Financials 2018 is an annual collaboration of SAP and SAPinsider and is the premier conference for organizations looking to spur financial transformation, implement and optimize SAP S/4HANA® Finance, and drive accounting, controlling, planning, reporting, and compliance excellence.

Sessions presented by TruQua Enterprises Principal Consultant JS Irick, and Senior Consultant Sonam Pawar include the following:

  • Tips for more efficient planning and reporting with SAP Business Planning and Consolidation optimized for SAP S/4HANA
  • Tips for planning in SAP Business Planning and Consolidation: How to bring external pricing data into SAP BPC for better sales planning using SAP Cloud Platform
  • Forecast automation and driver-based planning in SAP Business Planning and Consolidation: A how-to guide
  • An introduction to the EPM add-in for Microsoft Excel
  • Key use cases for a Central Finance deployment
  • An introduction to account-based CO-PA in SAP S/4HANA Finance
  • The dos and don’ts of master data mapping in Central Finance

View the full agenda as well as receive a special discount by visiting

Molly Reppen
Marketing Associate, TruQua Enterprises

About JS Irick of TruQua Enterprises
JS Irick is a Principal Consultant and Lead Developer at TruQua Enterprises, a Software Development and SAP Services company. A respected developer of innovative data analysis solutions, JS has developed tools for the scientific and financial industries. JS possesses a unique portfolio of skills focused on performance tuning the SAP and non-SAP stack. JS demonstrates both technical savvy and impeccable communications skills. A featured speaker and leader, JS consults and provides training to multinational corporations and speaks at major SAP events. A recognized performance testing and tuning expert, JS ensures the performance and stability of TruQua’s implementations. Through his experience with automated load testing and reconciliation tools, JS helps the team identify areas for improvement well before they become issues. JS’s expertise is in SAP NetWeaver Performance Optimization, SAP BusinessObjects EPM, SAP HANA, Cloud Computing, SAP BPC-ERP Integration, SAP BPC-ERP Reconciliation, HP LoadRunner, SAP Mobile Applications (SUP & Gateway Frameworks), Linux Server Administration, Python, Scrum Development Methodology, and Enterprise Security.

About Sonam Pawar of TruQua Enterprises
Sonam Pawar is a Functional Analyst, Model/Process/Data Designer and FI/CO Specialist at TruQua Enterprises with 7 years of SAP FICO experience, including SAP S/4HANA Finance and Central Finance in different stages of SDLC, including end-to-end implementation, rollout, due diligence and support projects. Sonam has industry exposure spanning across Professional Services, Banking, Insurance, Oil and Gas, Energy, High-Tech, Oil Field services. She maintains an expertise in the areas of solution design and configuration of FICO modules, including SAP New GL, AR, AP, Fixed Assets, Bank Accounting, and Controlling. Sonam has worked extensively with executive management and business users from Accounting to Report, Order to Cash, Procurement to Pay, Manufacturing, and Operation to Maintain. Sonam’s proven skills are in the proactive analysis of SAP solutions, including SAP S/4HANA Finance, to propose improvements and optimization of business processes and SAP design. She also maintains an M.B.A in Finance with domain experience in financial analysis, credit analysis, project financing in large credit department of a federal bank in India.

About SAPinsider
SAPinsider, published by Wellesley Information Services, is the premier source of information on products, services, and strategic initiatives coming from SAP and its partners. More than 225,000 customers in 70 countries rely annually on education and training materials from Wellesley Information Services to optimize their investments in SAP solutions. Wellesley Information Services is the publisher of SAPinsider, and is the producer of SAPinsider conferences and seminars. For more information, visit

SAP is a registered trademark of SAP SE in Germany and several other countries. Wellesley Information Services is not affiliated with SAP SE or any of the SAP SE group of companies.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries.

All other product and service names mentioned are the trademarks of their respective companies.


SAP Analytics Cloud & Live Connections | Taking the First Step

By: Josh Jiang – TruQua Intern; Min Su Kim – TruQua Intern; JS Irick, Principal Consultant

In our previous article, Extending the Digital Core with SAP Analytics Cloud | HANA in the Cloud, we demonstrated how customers’ existing investments in SAP HANA can power the latest visualizations and analytics available in SAP Analytics Cloud.

This hybrid planning methodology between SAP HANA and SAP Analytics Cloud answers two of the most common questions TruQua receives regarding the next generation of SAP Planning, which include:

  1. How do we get started with SAP Analytics Cloud?
  2. How do we align with SAP’s strategic roadmap for Planning if we are not yet ready to fully migrate to the Cloud?

The answer to both questions is leveraging Live Data Connections. As illustrated below, when a user is viewing data in SAP Analytics Cloud, through a live data connection, there are two connections at play. A connection to SAP Analytics Cloud, which supplies the Stories, Models and Visualizations, and a connection to the on-premise SAP HANA database, which supplies the data.

sap analytics cloud live connections

Live Data Connections in SAP Analytics Cloud – © TruQua Enterprises

In our previous article, we introduced a HANA native planning model for the manufacturing of a car engine. Here, we have taken that model and created a live data connection to SAP Analytics Cloud which illustrates the total costs and labor hours by Manufacturing Plant:

Total Costs & Labor Hours in SAP Analytics Cloud

Total Costs & Labor Hours in SAP Analytics Cloud – © TruQua Enterprises

As the Live Data Connection write-back capability is still on the SAP Analytics Cloud roadmap, for the purpose of this example, we have leveraged the HANA XS engine to communicate between our Users and SAP HANA. SAP Analytics Cloud allows for the embedding of SAP HANA XS applications, which lets us add rich functionality such as Bill of Materials visualizations and Demand Planning layouts to our forecasts.

Bill of Materials Visualization in SAP Analytics Cloud

Bill of Materials Visualization in SAP Analytics Cloud – © TruQua Enterprises

TruEngine Sales Volume Control - © TruQua Enterprises

TruEngine Sales Volume Control – © TruQua Enterprises

This seamless integration between SAP HANA and SAP Analytics Cloud provides a wealth of new insights into the planning process, such as the ability to immediately view capacity issues associated with a forecast:

SAP Analytics Cloud Production Labor Hours Data - © TruQua Enterprises

SAP Analytics Cloud Production Labor Hours Data – © TruQua Enterprises

We also have access to the complete suite of collaboration tools through SAP Analytics Cloud, which provide users the ability to have a discussion, post comments and assign tasks, all within the user interface.

Ability to Have Discussions, Post Comments & Assign Tasks in User Interface

Ability to Have Discussions, Post Comments & Assign Tasks in User Interface – © TruQua Enterprises

Live Data Connections provides the ability to use the majority of Analytics and Visualization tools without the need for any replication of data:

Live Data Connections with Analytics and Visualization Tools

Live Data Connections with Analytics and Visualization Tools – © TruQua Enterprises

With its powerful array of connectivity features, SAP Analytics Cloud has eliminated the traditional barriers to entry for new planning software. Customers can achieve enormous value without the need to disrupt their current processes, or perform large data migration processes. Now is the perfect time to start your company’s journey to SAP Analytics Cloud.

TruQua provides workshops, pilots, training and delivery to move SAP Analytics Cloud from your roadmap to reality.  Fill out our form below or contact for more information.

TruQua Enterprises Named to the 2018 Inc. 5000 List of America’s Fastest-Growing Companies

Inc. Magazine Unveils Its 37th Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000; TruQua Enterprises Reports 231% Revenue Growth over Three Years

CHICAGO, August 15, 2018Inc. magazine today revealed that TruQua Enterprises is named on its 37th annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are honored to be recognized as one of the fastest growing companies in America,” said Scott Cairncross, Founder and Partner of TruQua Enterprises. “Our rapid growth is a testament to how quickly and efficiently we have been able to provide SAP solutions to our customers.”

“Being recognized with this prestigious honor is also a true testament of the hard work and culture that we have developed here at TruQua,” said Cairncross.

Not only have the companies on the 2018 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists. The 2018 Inc. 5000 achieved an astounding three-year average growth of 538.2 percent, and a median rate of 171.8 percent. The Inc. 5000’s aggregate revenue was $206.1 billion in 2017, accounting for 664,095 jobs over the past three years.

Chicago-based TruQua Enterprises is an IT services, consulting, and licensed SAP development partner that specializes in providing “True Quality” SAP solutions to Fortune 500 companies with integrated, end-to-end analytic solutions.

Through project management, software innovation, thought leadership, implementation and deployment strategies, TruQua’s team delivers high-value services through its proprietary knowledge base of software add-ons, development libraries, best practices, solution research and blueprint designs. provides boutique consulting and software development services for Fortune 500 companies who organize and analyze their financials using SAP, allowing them to have greater visibility into how their company is running.

Complete results of the Inc. 5000, including TruQua’s company profile and an interactive database that can be sorted by industry, region, and other criteria, can be found at

“If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice,” says Inc. editor in chief James Ledbetter. “The lines of business may come and go or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.”

Molly Reppen

More about Inc. and the Inc. 5000

The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 and 2018. To qualify, companies must have been founded and generating revenue by March 31, 2014. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2017. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at

About Inc. Media
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success.

Great Place to Work 2018 – TruQua Enterprises

CHICAGO — 08-03-2018 — TruQua Enterprises was certified as a great workplace today by the independent analysts at Great Place to Work®. TruQua Enterprises earned this credential based on extensive ratings provided by its employees in anonymous surveys. A summary of these ratings can be found at

great place to work 2018“For the second year in a row, TruQua has been named a Great Place to Work, and we could not be more proud of our employees,” says Scott Cairncross, Founder & Partner of TruQua Enterprises. “Our core values are ‘Smart, Driven and Nice.‘ It is crucial for us to have the smartest people because we are dealing with complicated technology and business processes. However, we also firmly believe that it is not just what you do, but how you do it that matters.”

“At TruQua Enterprises, our employees support each other because we all believe that one person’s success is everyone’s success,” says Cairncross. “In return, we support our employees by giving them high levels of autonomy and even supporting their personal goals.” As a result, TruQua has built a strong culture of high trust, connection, ownership, belonging and meaning that creates genuine drive and motivation.

“According to our study, 93% of TruQua Enterprises employees say it is a great workplace,” says Sarah Lewis-Kulin, Vice President of Great Place to Work Certification & List Production. TruQua Enterprises employees completed 44 surveys, resulting in a 90% confidence level and a margin of error of ± 2.61.

Among these results from Great Place to Work,

  • 100% of TruQua employees say that people care about each other,
  • 100% say that people are given a lot of responsibility, and
  • 98% say TruQua facilities contribute to a good working environment


About TruQua Enterprises
TruQua Enterprises is an IT services, consulting, and licensed SAP development partner that specializes in providing “True Quality” SAP solutions to Fortune 500 companies with integrated, end-to-end analytic solutions. Through project management, software innovation, thought leadership, implementation and deployment strategies, TruQua’s team delivers high value services through its proprietary knowledge base of software add-ons, development libraries, best practices, solution research and blueprint designs. For more information, please visit or follow us on twitter @TruQuaE.

About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services, and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work® provides the benchmarks, framework, and expertise needed to create, sustain, and recognize outstanding workplace cultures. In the United States, GreatPlace to Work® produces the annual Fortune “100 Best Companies to Work For®” list and a series of Great Place to Work® Best Workplaces lists including lists for Millennials, Women, Diversity, Small and Medium Companies and over a half dozen different industry lists.