Organizations more often than not rely on manual, error-prone processes to collect, map, and move data into performance management software. Traditionally for larger organizations having complex reporting and EPM processes, data needed resides in multiple disparate heterogeneous source systems with different technical platforms throughout the enterprise. Regardless of the source, integrating (i.e. accessing, mapping, verifying, and loading) financial information from these sources most of the times is a serious challenge, resulting in manual data re-entry or the use of intermediate text files, both of which can be labour intensive and lead to poor data quality and inaccurate results.
With the SAP® Financial Information Management application, you can take the risk, cost, and effort out of these activities. It integrates directly with data sources – both SAP and non-SAP – and validates that data loads correctly into and between SAP solutions for Enterprise Performance Management (EPM). We at CPM can help Customers leverage maximum benefit from SAP FIM.