SAP PCM Software: Maintenance Ends
An Opportunity to Upgrade Your Cost Management Approach with a SAP PCM Replacement
With SAP Profitability and Cost management (PCM) no longer actively maintained or supported, organizations face an important decision: finding a suitable replacement that not only replicates PCM’s capabilities, but also improves their cost management practices.
Thankfully, there are compelling alternatives that provide a comprehensive, flexible, and cost-effective approach to meet the evolving needs of modern businesses.
Understanding the Need for SAP PCM Software Replacement
SAP PCM has been a widely used tool for profitability and cost management across various industries. Telecoms, financial services, manufacturing, logistics and public sector companies have been invested in the tool.
However, the end of its maintenance program introduces multiple concerns for finance leaders at large enterprises.
Companies must address the risks associated with unsupported software, including security vulnerabilities, lack of updates, and the potential for increased operational costs due to outdated technology.
Transitioning to a more advanced platform is not just a necessity but an opportunity to optimize cost management strategies and drive better business outcomes.
Why Choose CostPerform to replace SAP PCM?
-
Seamless Model Replication
Replicate existing SAP PCM models with minimal disruption, ensuring continuity and reducing the learning curve. -
Unlimited Cost Assignment Layers
Unlike SAP PCM, enjoy the flexibility of unlimited cost layers, avoiding the need for multiple models and supporting complex structures. -
Advanced Cost Allocation Methods
Surpass SAP PCM with advanced allocation methods, simplifying complex data management even for non-technical users. -
Diverse, Worldwide Client Base
Benefit from our extensive expertise across Financial Services, Manufacturing, IT, Government, Telco, Logistics, and Healthcare sectors worldwide.
4.8/5 (5 ratings)
on Gartner Peer Insights
as of July 2024
Trusted by global customers:
Our team has successfully completed dozens of SAP PCM replacements, and we’ve developed a comprehensive migration playbook to ensure a smooth transition. With this playbook, your organization will be ready to go from day one.
– Sander den Hartog, CEO CostPerform
How CostPerform Helps
Enterprise Organizations Worldwide
See cause and effect relationships with the CostPerform calculations
Make reports on several levels: per client, per sales manager, et cetera
Collect data for exclusive analysis on where to improve performance
The software monitors and reduces the costs where possible
Why CostPerform is the Ideal SAP PCM Replacement
- Seamless Model Replication: One of the most significant concerns when doing a SAP PCM replacement is the potential disruption to existing models. CostPerform addresses this by enabling the replication of your current PCM models with minimal impact on your inbound and outbound data management systems. This ensures continuity in your financial operations and reduces the learning curve for your team.
- Unlimited Cost Assignment Layers: Unlike SAP PCM software, which restricts users to fixed dimension assignment levels, CostPerform offers unlimited native cost assignment layers. This flexibility eliminates the need for problematic reassignments or the creation of multiple models when additional levels are required. It allows for a more detailed and nuanced approach to cost management, supporting complex business structures.
- Advanced Cost Allocation Methods: CostPerform’s array of cost allocation options, including conditional allocations and custom formulas, surpasses the capabilities of SAP PCM. These features are designed for ease of use, even for non-technical modelers, enabling a broader range of users to effectively manage and analyze cost data.
- Enhanced Visualization Tools: Visualization is key to understanding cost flows and making informed decisions. CostPerform provides multiple options to visualize resource consumption and cost assignments, including a pivot view similar to SAP PCM, a predefined schematic view, and customizable interactive flowchart views. These tools significantly enhance the clarity and usability of cost data.
- Superior ETL Capabilities: The Extraction, Transformation, and Load (ETL) process is crucial for integrating various data sources into your cost management system. CostPerform’s ETL capabilities are more user-friendly and efficient than SAP PCM’s DataBridge, simplifying data management and improving overall productivity.
- Budget friendly: CostPerform offers a pricing model that is often more affordable than the ongoing maintenance fees of SAP PCM. This makes it an economically viable option, particularly for organizations looking to manage costs without compromising on functionality.
Migrating from SAP PCM to CostPerform: The Path Forward
A SAP PCM replacement to CostPerform is not just a change; it is an upgrade that positions your organization for future success. Partnering with experienced consultants, ensures a smooth transition. Experts can help you convert your existing models and enhance them within CostPerform, providing a more transparent and powerful profitability and cost management solution. For more on managing a tool migration like this, read more in our 8 step software implementation guide.
The Next Step After SAP PCM
The end of SAP PCM’s support and maintenance does not have to signal uncertainty. With CostPerform, you gain a platform that not only replicates but exceeds the capabilities of SAP PCM. From the most advanced cost management features with competitive pricing to a seamless migration process. CostPerform is the professional’s choice for organizations looking to enhance their cost and profitability analysis.
By choosing CostPerform, you ensure that your organization remains at the forefront of cost management innovation, ready to tackle the challenges of today and tomorrow. To take the next step now and learn more, arrange a demo here.