Going above and beyond with Under Armour: SAP Business Planning and Consolidation for SAP S/4HANA
Under Armour, an American manufacturer of footwear, sports, and casual apparel, chose to implement SAP’s Fashion Management System (FMS) to help remove complexity from their IT landscape and to build a scalable, long-term solution capable of meeting their growing needs. However, the FMS implementation was driving master data changes, and Under Armour’s SAP Business Planning and Consolidation (BPC) 7.5 system would soon become inoperable.
TruQua worked alongside Under Armour’s project team to implement the consolidation component of SAP BPC which included the following features:
BPC Consolidation Business Rules: To perform Balance Carry Forward, Currency Translation, Eliminations, and Account Calculation
BPC Journals: For top-level consolidation only entries
BPC Consolidation Monitor: To execute and track the process
BPC Ownership Manager: To assign company ownership structure
Optimized Content: To utilize real-time profit center and cost center master data and hierarchies
The SAP Business Planning and Consolidation (SAP BPC) application delivers planning, budgeting, forecasting, and financial consolidation capabilities. This functionality makes it possible to easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with financial reporting standards.
Reduction of consolidations cycle time from 3 hours to about 20 minutes
Gain a real-time view of actuals in planning
Eliminate batch load processes
Create a single source of master data maintenance within SAP FMS