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FROM OUR BLOG

5 EPM system prep steps to take before budget season

After my last blog post, How to Improve the SAP BPC User Experience, Part One: Without a Developer, I’d like to share five ways to improve it WITH the help of a developer!

 A developer can assist in enhancing your BPC experience, as they have...

HCM

Human Capital Management

LOOKING TO AUTOMATE YOUR WORKFORCE PLANNING PROCESS?

Employee Expenses

Employee related expenses represent a considerable portion of most organizations operating expenses.

Employee Information

Having up to date employee information is critical to accurate P&L and cash flow forecasting.

Integration

Darwin HCM integrates with your source HR system (e.g. Workday, SuccessFactors, SAP HCM, etc.) to provide accurate, update-to-date, labor plans based on the most up to date information available.

Flexible

Whether planning by Employee, by Position, by High Level Headcount & Average Salary or all of these, Darwin HCM is flexible enough to handle the most complex scenarios with ease.

Real-Time

Darwin HCM provides the capability to easily update Merit, Tax, and Fringe assumptions globally or regionally and calculate the financial impact in real-time.

Manage by Exception

Cost center owners and Finance managers only need to manage by exception by updating known future activity not reflected in the HR system. Things like: new hires, retirements & terminations, transfers, LOA, and promotions.

Take a Virtual Test Drive

Darwin User Process Flow (DPF)
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Darwin User Process Flow
Plan by Employee/Position
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Plan by Headcount
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Easily update Merit, Tax, and Fringe assumptions globally or regionally
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Manage by exception
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Manage by exception - New Hires
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Manage by exception - Retirements & Terminations
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Manage by exception - Transfers
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Manage by exception - LOA
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Manage by exception - Promotions
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HCM Reporting & Analytics
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P&L and cash flow forecasting
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P&L and cash flow forecasting
Schedule a LIVE demo
Schedule a Demo

Darwin Employee Planning Functionality

MODEL

System provides the ability to plan by employee related expenses by:

  • Employee
  • Cost Center
  • Position
  • Month

Data

Existing headcount information can be synchronized from a source HR systems (e.g. SAP HCM, Success Factors, Workday, etc.)

Calculations

The system generates headcount and headcount related expenses based on Avg Annual Salary, monthly headcount, and Global and Regional Fringe / Tax Rates

EXCEPTION BASED PLANNING

Users have the ability to adjust headcount, Avg Salary, or FTE up or down which triggers an automatic, real-time re-calculation of the Headcount related expenses

Transfers

System provides the ability to transfer headcount across Orgs with Approve or Reject functionality

Driver Based

Changes to employee drivers or global drivers trigger real-time recalculations of Headcount and employee related expenses for all of the impacted employees

Multi-Currency

The headcount plan is generated in the currency in which the employees are paid then translated to local and reporting currencies

Maintainability

System provides the ability to “Configure” common global and regional fringe and tax calculations without custom coding

Real-Time EPM

Headcount and Employee related expenses are pushed in real-time to the Financial Planning and Analysis model for consolidated reporting (Full P&L)

Darwin Headcount Planning Functionality

MODEL

System provides the ability to plan by Headcount related expenses by:

  • Cost Center
  • Job Grade, Job Role, Employment Type or other classification
  • Month

Data

Existing headcount information can be synchronized from a source HR systems (e.g. SAP HCM, Success Factors, Workday, etc.)

Calculations

The system generates headcount and headcount related expenses based on Avg Annual Salary, monthly headcount, and Global and Regional Fringe / Tax Rates

EXCEPTION BASED PLANNING

Users have the ability to adjust headcount, Avg Salary, or FTE up or down which triggers an automatic, real-time re-calculation of the Headcount related expenses

Transfers

System provides the ability to transfer headcount across Orgs with Approve or Reject functionality

Driver Based

Changes to employee drivers or global drivers trigger real-time recalculations of Headcount and employee related expenses for all of the impacted employees

Multi-Currency

The headcount plan is generated in the currency in which the employees are paid then translated to local and reporting currencies

Maintainability

System provides the ability to “Configure” common global and regional fringe and tax calculations without custom coding

+ All Darwin Models Include

Planning Processes

Yearly Budgets, Rolling Forecasts, and Long Range planning is fully supported.

Security

A robust security model keeps sensitive information safe.

Advanced Analytics

A well thought out reporting model that supports advanced analytics and ad-hoc reporting.

Canned Reports

Many delivered reports that can be used out-of-the-box or customized for explicit requirements.

Fx

All planning models provide the ability to plan in any currency, then have the system translate to local and reporting currencies

Forecasting

Forecasting process provides the ability to seed plan with YTD actuals and prior budget/forecast data.

Variance Analysis

Robust Monthly, YTD or Yearly variance analysis with commentary available at any level in the model

Dynamic Time Horizon

System provides the ability to enable rolling / dynamic planning periods

Process Flows

User and Administrative Process flows guide users through the entire planning process

Real-time Data Aggregation

Real-time data aggregation across all hierarchies

Documentation

Includes professional documentation for both administrators & end users

Versioning

Unlimited number of versions are available for planning with the ability to lock & approve each one individually by Org

Data Loads

The system supports SAP and NON SAP data loads but must be provided in a prescribed data format

See what Darwin EPM can do for your organization.

Schedule a demo