SAP

SAP Financial Planning & Analysis (FP&A)

Composite Score

8.1 /10

CX Score

8.6 /10

42 Reviews Write a Review

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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.

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Awards & Recognition

SAP Financial Planning & Analysis (FP&A) won the following awards in the Financial Risk Management category

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2023 Data Quadrant Champion

Latest Award, 2023

5 Top Rated Capabilities

7 Top Rated Features

Latest Award, 2023

2022 Data Quadrant Champion

2022

9 Top Rated Capabilities

7 Top Rated Features

2022

SAP Financial Planning & Analysis (FP&A) Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on SAP Financial Planning & Analysis (FP&A).

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

85 Likeliness to Recommend

4
Since last award

100 Plan to Renew

85 Satisfaction of Cost Relative to Value

3
Since last award

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+95 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)?

0% Negative

8% Neutral

92% Positive

Pros

Reliable
Respectful
Helps Innovate
Performance Enhancing

Feature Ratings

Average 85

Market Risk Management

Anti Money Laundering

Analytics and Reporting

Cheque Management

Transaction Monitoring

Credit Risk Management

Fraud Management

Asset Liability Management

Policy Management

Regulatory Compliance and Audit

Stress Tests

Vendor Capability Ratings

Average 80

Quality of Features

Business Value Created

Product Strategy and Rate of Improvement

Availability and Quality of Training

Ease of Data Integration

Ease of IT Administration

Breadth of Features

Usability and Intuitiveness

Vendor Support

Ease of Customization

Ease of Implementation

SAP Financial Planning & Analysis (FP&A) Reviews

Gatukumi E.

Role: Consultant
Industry: Insurance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Oct 2022

The Product is Amazing!!!

Likeliness to Recommend

9 /10

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

Validated Review

Verified Reviewer

Submitted Jul 2022

Thanks to the analytics cloud

Likeliness to Recommend

8 /10

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

Validated Review

Verified Reviewer

Submitted Apr 2022

Consolidation Tool

Likeliness to Recommend

6 /10

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

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SAP Financial Planning & Analysis (FP&A)

What is SAP Financial Planning & Analysis (FP&A)?

Company Details

Book a Free Demo Today!

Awards & Recognition

2023 Data Quadrant Champion

2022 Data Quadrant Champion

SAP Financial Planning & Analysis (FP&A) Ratings

85 Likeliness to Recommend

4 Since last award

100 Plan to Renew

85 Satisfaction of Cost Relative to Value

3 Since last award

Emotional Footprint Overview

+95 Net Emotional Footprint

How much do users love SAP Financial Planning & Analysis (FP&A)?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Market Risk Management Includes equity risk, currency risk, and commodity risk.

Anti Money Laundering Includes suspicious behavior identification, currency transaction reporting, case management and customer due diligence checks.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Cheque Management Includes cheque printing, cheque tracking, cheque payment processing, and cheque verification.

Transaction Monitoring Includes Know Your Customer (KYC), cash deposits and withdrawals, wire transfers, and ACH activity management.

Credit Risk Management Includes credit assessment, credit scoring, and credit risk analysis.

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Asset Liability Management Includes interest rate risk, liquidity risk, and funding and capital management.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Regulatory Compliance and Audit Ability to adhere to laws, regulations, guidelines, and specifications relevant to the business. Ability to store documents and trails for audit access.

Stress Tests Includes crisis simulations, scenario generation, and scenario analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

SAP Financial Planning & Analysis (FP&A) Reviews

Gatukumi E.

The Product is Amazing!!!

Likeliness to Recommend

Pros

Louis B.

Thanks to the analytics cloud

Likeliness to Recommend

Pros

Fouzia M.

Consolidation Tool

Likeliness to Recommend

Pros

Most Popular SAP Financial Planning & Analysis (FP&A) Comparisons

MORS Software

Oracle Risk Management and Compliance

LexisNexis Financial Services

Experian Precise ID

Verafin Suite

SAS Banking Fraud & Risk Management

4
Since last award

3
Since last award

Feature Ratings

Market Risk Management

Anti Money Laundering

Analytics and Reporting

Cheque Management

Transaction Monitoring

Credit Risk Management

Fraud Management

Asset Liability Management

Policy Management

Regulatory Compliance and Audit

Stress Tests

Vendor Capability Ratings

Quality of Features

Business Value Created

Product Strategy and Rate of Improvement

Availability and Quality of Training

Ease of Data Integration

Ease of IT Administration

Breadth of Features

Usability and Intuitiveness

Vendor Support

Ease of Customization

Ease of Implementation