What is SAP Financial Planning & Analysis (FP&A)?
By focusing on risk data policy, governance, data management, and reporting, you can improve capital efficiency. Enable consistent decision making and control risk – all while increasing profits using SAP's Risk and Compliance solutions for financial institutions.
Company Details
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Real user data aggregated to summarize the product performance and customer experience.
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85 Likeliness to Recommend
4
Since last award
100 Plan to Renew
86 Satisfaction of Cost Relative to Value
4
Since last award
Emotional Footprint Overview
+92 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love SAP Financial Planning & Analysis (FP&A)?
Pros
- Respectful
- Reliable
- Enables Productivity
- Client Friendly Policies
Emotional Footprint
How to Read
Positive
Neutral
Negative
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Feature Ratings
Anti Money Laundering
Market Risk Management
Cheque Management
Policy Management
Analytics and Reporting
Asset Liability Management
Fraud Management
Transaction Monitoring
Regulatory Compliance and Audit
Credit Risk Management
Stress Tests
Vendor Capability Ratings
Quality of Features
Business Value Created
Ease of Data Integration
Product Strategy and Rate of Improvement
Usability and Intuitiveness
Vendor Support
Breadth of Features
Availability and Quality of Training
Ease of IT Administration
Ease of Customization
Ease of Implementation
SAP Financial Planning & Analysis (FP&A) Reviews
Gatukumi E.
- Role: Consultant
- Industry: Insurance
- Involvement: End User of Application
Submitted Oct 2022
The Product is Amazing!!!
Likeliness to Recommend
What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?
The UI is impressive
What is your favorite aspect of this product?
The preview (Graphic) interface is amazing The drag and drop function makes work easy
What do you dislike most about this product?
It is a bit costly steep learning curve for inexperienced users
What recommendations would you give to someone considering this product?
It is an amazing product for your financial planning. Easily accessible data from the cloud makes it great for even large corporations. It is highly adaptable and can integrate with other software. I highly recommend this product.
Pros
- Trustworthy
- Caring
- Saves Time
- Respectful
Louis B.
- Role: Finance
- Industry: Technology
- Involvement: End User of Application
Submitted Jul 2022
Thanks to the analytics cloud
Likeliness to Recommend
What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?
When managing several member company reports, the tool is useful. With SAP consolidation enabled, the effort of combining all these reports has been significantly reduced. The monthly accounting and reconciliation tasks are completed more quickly, precisely, and with fewer manual tasks. Limited access is granted to users, aiding in data security.
What is your favorite aspect of this product?
The most beneficial aspect of SAP that I discovered was its customer support. Its financial advisors are clearly very knowledgeable because they provide multiple solutions to a single issue so that customers like us can select the best one. The risk alignment platform, which even premium financial services do not offer, is the second-best thing.
What do you dislike most about this product?
There is nothing to hate because it is simple to integrate the tools, support, and software into our organization. When we first started, the onboarding team did a fantastic job of getting us taught and pointing us in the direction of other self-training websites to continue our training.
What recommendations would you give to someone considering this product?
When I initially started using SAP, they were the only option for risk assessment in addition to the typical 8 questions on a sponsor's website. There are now additional players. I would advise conducting thorough research and contrasting SAP with the competition. I want to examine how the 95 percent fared given the most recent market decline brought on by the pandemic.
Pros
- Continually Improving Product
- Performance Enhancing
- Efficient Service
- Saves Time
Fouzia M.
- Role: Finance
- Industry: Insurance
- Involvement: End User of Application
Submitted Apr 2022
Consolidation Tool
Likeliness to Recommend
What differentiates SAP Financial Planning & Analysis (FP&A) from other similar products?
The best differentiating feature is it helps consolidating various subsidiaries and help reviewing its reports side by side.
What is your favorite aspect of this product?
It's good storage that help manage large volume of data and thus improving efficiency.
What do you dislike most about this product?
It is bit complex for new user. Also, sometimes support is not timely available.
What recommendations would you give to someone considering this product?
Overall it is a nice tool to use. If the organization have large volume of data then this is the good option.
Pros
- Helps Innovate
- Continually Improving Product
- Reliable
- Performance Enhancing