SAP Analytics Cloud – 7 frequently asked questions
It’s hard to imagine a modern company that doesn’t collect data from many sources as part of its daily operations. In organizations that don’t have specialized business analytic tools, it’s difficult to track key performance indicators. While traditional ERP or CRM systems don’t provide clear and detailed reports allowing to see hidden links between the data, the Business Intelligence solution allows to predict possible results, create forecasts, and simulate various scenarios. One such solution is SAP Analytics Cloud (SAC).
What is SAP Analytics Cloud?
It’s a comprehensive Business Intelligence tool that helps you make the right business decisions based on data that is already in the company but is concentrated in different systems. SAP Analytics Cloud uses cross-sectional information about the organization by downloading it from spreadsheets, local databases and sources available in the cloud, and then presenting it in the form of interactive visualizations. Connecting to the data is the first step to get a complete picture of your organization’s operations and to set out a simple path to an intelligent enterprise. SAC is the only solution you need to increase the efficiency of your business and drive it forward.
In which industries and departments will this solution work?
Regardless of the type of business, industry, and scope of the enterprise – SAP Analytics Cloud facilitates the financial planning process by combining in one product the essential analytical functions – reporting, predictive analysis, organization performance management, and data visualization. It’s a solution that will increase the business value of the enterprise, using the potential of artificial intelligence, machine learning, and natural language processing. Using cloud-based business analytics, SAC users can detect factors affecting KPIs and discover previously missed links between data.
What business benefits does SAP Analytics Cloud bring?
SAP Analytics Cloud, as a source of knowledge about each area of the company’s operation, fulfills its role as a solution supporting strategic decision making and strengthening the organization’s position in terms of innovation. SAC aggregates and processes data from many systems in real time, accelerating planning, budgeting, and forecasting in different departments of the company, without the need to create separate spreadsheets and log on to many non-communicated analytical tools. With SAP Analytics Cloud transforming data into useful business information, you can find new sources of savings, increase production efficiency, create comprehensive financial statements, and plan sales based on predictive analyses. Business Intelligence functions give you an extensive insight into your business, allow you to track trends, and measure the effectiveness of marketing activities. This, in turn, allows you to react quickly to changing market situation and identify potential sources of profit dynamically.
Who is this solution addressed to?
SAP Analytics Cloud was created to provide all analytical capabilities to representatives of the organizational structure who have access to the role-based tool. The concept of Business Intelligence assumes facilitation and acceleration of access to data, which until now were only available to IT department employees, marketing, analysts, or accountants. SAC enhances workflow, cooperation between teams, and transfer of knowledge about the current financial, sales, or marketing situation of the company. Every employee using SAP Analytics Cloud can acquire relevant data using an intuitive and easy-to-use cloud-based tool offering personalized visualizations adjusted to the position held in the organization. First of all, SAC can significantly improve the quality of work of people responsible for the implementation of the company’s strategy at the operational level, providing conditions for contextual cooperation between representatives of different company departments.
What cooperation opportunities does SAP Analytics Cloud offer?
SAP Analytics Cloud offers a number of possibilities to improve cooperation within the organization from any place and at any time. Users of this environment can create their own teams, add new members to them, and manage individual access rights to data. You can also create custom roles adapted to your business needs. Teams can work more efficiently by communicating via a built-in chat and receive notifications of new messages. Another feature that facilitates communication is a dashboard, where you can post questions, comments, and annotations to other team members. SAP Analytics Cloud offers access to a calendar and online conferences, supporting mobile employees, and simplifying workflow.
In terms of UX, what SAP Analytics Cloud offers?
SAP Analytics Cloud users can generate and manage interactive data visualizations using individual user panels designed according to UX Design principles. With a user-friendly and intuitive interface, filtering information and creating reports has become easier than ever before.
What does SAP Analytics Cloud integrate with?
SAP Analytics Cloud allows smooth integration of many local and cloud data sources such as SAP BW/4HANA, SAP ERP, SAP Ariba, SAP Concur, SAP Fieldglass, SAP S/4HANA, SQL database, Google Drive and many others. Access to SAC opens up completely new opportunities for you to explore distributed data from a single intelligent system.
- On 05/06/2020