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Introduction to starter kits

Faster legal compliance reduce implementation times

February 2011

Business Analytics Solutions from SAP


Achieve Remarkable Results
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Governance, Risk, and Compliance


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Agenda

1. Starter kits and the problem they solve


2. Benefits to partners when using starter kits 3. Customers benefit from starter kits 4. Starter kits overview 5. Summary and next steps

SAP 2011/ Page 3

Agenda

1. Starter kits and the problem they solve


2. Benefits to partners when using starter kits 3. Customers benefit from starter kits 4. Starter kits overview 5. Summary and next steps

SAP 2011 / Page 4

Starter kits and the problem they solve

Implementation time and cost


Pain: Time-consuming application set-up

Re-inventing the wheel during each implementation Non optimal usage of time and resources Flexibility is paid for through extensive set-up

Compliance with financial standards and regulations


Pain: Increased risks associated with changing financial regulations

Dynamic regulatory landscape Significant time and resources spent on complying with global and local standards

Insufficient financial standards expertise within the organization

Exploiting the applications full potential


Pain: Miss the ability to fully leverage their consolidation application

Lack of essential skills and knowledge on functional and technical product best practices

Pay-offs as a result of time and resource constraints


Poor execution of related business processes

SAP 2011 / Page 5

Agenda

1. Starter kits and the problem they solve


2. Benefits to partners when using starter kits 3. Customers benefit from starter kits 4. Starter kits overview 5. Summary and next steps

SAP 2011 / Page 6

Benefits for partners when using starter kits

Strategy and Management Consultants and systems integration companies


Opportunity for business consulting which commands much higher margins

Opens the door for other consulting projects

Opportunity for broader solutions for Office of the CFO/Finance always at CFO level
Heather: Can we modify as per the Intercompany one.

Consolidation discussion is typically at the controller level

Leverage starter kits to open up discussion around broader solutions e.g. IFRS compliance, process control integration

SAP 2011 / Page 7

For you as a Partner

Elevate Customer Relationship for longer term relationships


Business consulting and transformation capabilities Helping clients develop a vision and broad EPM roadmap that will lead to a long relationship Process Re-Engineering Opportunities typically with Executive Level visibility

Improved Time-to-Value for your customers


Speed of implementation packaged product with great deal of flexibility vs. custom build More projects in less time opens the door for further billable opportunities Bringing value-added content to speed time-to-value

Strategic Focus on SAP


Allows you to revisit existing implementations (and other competitive vendors) which are not delivering value Drive revenue for migration services Develop expertise in SAP BusinessObjects EPM solutions to capitalize on opportunities as SAP grows market share Engage with the larger SAP ecosystem

SAP 2011 / Page 8

Agenda

1. Starter kits and the problem they solve


2. Benefits to partners when using starter kits 3. Customers benefit from starter kits 4. Starter kits overview 5. Summary and next steps

SAP 2011 / Page 9

Starter kits

Select customers

Internal Use Only

Deutsch Group

MOBSAT
SAP 2011 / Page 10

Agenda

1. Starter kits and the problem they solve


2. Benefits to partners when using starter kits 3. Customers benefit from starter kits 4. Starter kits overview
4.1 Fast implementation 4.2 Rapid and trusted legal compliance 4.3 Comprehensive scope

5. Summary and next steps

SAP 2011 / Page 12

Starter kits
Faster legal compliance reduce implementation times Fast implementation

Pre-packaged content reduces implementation times by up to 80%

Dynamic configuration enables easy customization to specific requirements


Complete, generic reference implementation

Rapid and trusted legal compliance

Embedded expertise in meeting financial regulations including best practice in financial consolidations and internal controls Detailed process guidance for business users

Comprehensive scope

Full support for GAAP to IFRS transition Pre-configured IFRS/GAAP consolidation rules, controls, and calculations Publishable financial statements

SAP 2011 / Page 13

Fast implementation

Pre-packaged content reduces implementation times by up to 80% Available Starter Kits

The following starter kits are currently available:


Application Starter kit

SAP BusinessObjects Planning and Consolidation, version for SAP NetWeaver


SAP BusinessObjects Planning and Consolidation, version for the Microsoft platform SAP BusinessObjects Financial Consolidation SAP BusinessObjects Financial Consolidation

IFRS
IFRS IFRS US GAAP

SAP 2011 / Page 14

Fast implementation

Dynamic configuration enables easy customization to specific requirements

Minimum use of hard coding facilitates the integration of custom accounts

Account behavior defined using properties throughout the configuration Property initialization in configuration elements

Data entry controls based on parent accounts or account properties Consolidation rules configured using properties or filters

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Fast implementation

Complete, generic reference implementation

Contain all elements for performing, validating and publishing the consolidation

Chart of Accounts based on final IFRS Taxonomy 2009 Input schedules Data entry controls Business rules and calculations Control and audit reports Publishable financial statements

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Rapid and trusted legal compliance

Embedded expertise and best practices

Regular updates assure compliant and relevant starter kits


Internal regulatory experts Continuous financial surveillance

Best practices in consolidations

Automatic calculation of statement of comprehensive income, statement of cash flows and statement of changes in equity Scope changes

Embedded product and configuration best practices


Optimal performance Facilitated customer enhancement Better usability

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Rapid and trusted legal compliance

Detailed process guidance for business users

Business Process Flows* guide through each step of the consolidation process

Data collection Preparing and running the consolidation Reports and analysis

End-user documentation assist the business user in entering and processing data

Data entry

Consolidation process

*Delivered for SAP BusinessObjects Planning and Consolidation, version for the Microsoft platform
SAP 2011 / Page 18

Comprehensive scope

Full support for GAAP to IFRS transition

Dual / parallel reporting*

Data collection on dedicated audit IDs to differentiate between local GAAP and IFRS data entry and adjustments Ability to post IFRS-specific journal entries to identify gaps Several pre-built consolidation versions for simulating different scenarios Pre-configured reports for comparing local GAAP and IFRS Complete audit trail of the differences between the two standards

*Delivered for SAP BusinessObjects Financial Consolidation


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Comprehensive scope

Pre-configured IFRS/GAAP consolidation rules, controls, and calculations

Consolidation processing

Full, proportionate and equity method Acquisitions & Loss of control Equity transactions Changes in interest rates of associates and joint-ventures Internal mergers

Extensive set of automatic business rules

Intercompany eliminations

Goodwill booking (manual declaration)


Elimination of investments in subsidiaries Calculation of the currency translation adjustments Calculation of non-controlling interests

SAP 2011 / Page 20

Comprehensive scope

Pre-configured IFRS/GAAP consolidation rules, controls, and calculations

Analysis and audit trail


Audit IDs for tracking data origin Linked accounting reports for quick, exhaustive data analysis

Balances Ledgers and general ledgers Breakdown reports for detail by account, flow, partner, reporting unit etc.

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Comprehensive scope

Pre-configured IFRS/GAAP consolidation rules, controls, and calculations

Control and validation

Preventive collection controls for validation of entered data Consolidation dashboard gives an at-a-glance overview of the consolidation process

Control and validation reports for the analysis and validation of consolidated data

SAP 2011 / Page 22

Comprehensive scope

Publishable financial statements

Key financial statements ready for publishing Instant audit trail through drill down and link to audit reports

Starter Kit for IFRS Financial Statements following the requirements of IAS 1

Statement of Financial Position Income Statement Statement of Comprehensive Income Statement of Cash Flows Statement of Changes in Equity

SAP 2011 / Page 23

Comprehensive scope

Publishable financial statements

Excel-based templates for use with SAP BusinessObjects XBRL Publishing

Ready-made templates pre-mapped with IFRS and US GAAP taxonomies 10Q and 20F formulas with financial statements

Statement of Financial Position


Income Statement Statement of Comprehensive Income Cash Flow Statement Statement of Changes in Equity

Tagging of XBRL elements, contexts, and units Full compliance with the latest XBRL standards and taxonomies

SAP 2011 / Page 24

Comprehensive scope

IFRS/GAAP specific chart of accounts

Chart of Accounts based on the IFRS Taxonomy Optimized for custom enhancements Open for verticalization

Starter Kit for IFRS


Balance sheet in current / non-current format Income statement classified by function

SAP 2011 / Page 25

Agenda

1. Starter kits and the problem they solve


2. Benefits to partners when using starter kits 3. Customers benefit from starter kits 4. Starter kits overview 5. Summary and next steps

SAP 2011 / Page 26

Summary
Benefits
Fast implementation
Pre-packaged content reduces implementation times by up to 80% Dynamic configuration enables easy customization to specific requirements Complete, generic reference implementation

Saves implementation time by leveraging a preconfiguration responding to all of the most common requirements

Rapid and trusted legal compliance


Embedded expertise in meeting financial regulations including best practice in financial consolidations and internal controls Detailed process guidance for business users

Confidence and corporate compliance with reliable data for legal reporting and management decisions

Comprehensive scope
Full support for GAAP to IFRS transition Pre-configured IFRS/GAAP consolidation rules, controls, and calculations Publishable financial statements

Optimized configuration pre-built based on product best practices leaving focus on value-adding customer enhancements

SAP 2011 / Page 27

For more information


See sap.com for:

Solution in detail

www.sap.com/epm

See help.sap.com for:


Starter Kit Description Installation Guide Administrator Guide User Manual Data Entry Guide Release Notes IFRS Analysis Notes

http://help.sap.com/

See sap.ifrs.community.com for:

Starter kit for IFRS Blogs

http://www.sdn.sap.com/irj/scn/weblogs?blog=/pub/wlg/17896

SAP 2011 / Page 28

Thank you!

SAP 2009 / Page 29

Specific starter kit content examples

SAP BusinessObjects Planning and Consolidation, starter kit for IFRS on SAP NetWeaver

SAP BusinessObjects Planning and Consolidation Starter Kit for IFRS on SAP NetWeaver
Data collection, control and data processing
Business Process Flows

Data collection
Preparing and running the consolidation Reports and analysis

IFRS Data Input & Control

CoA based on final IFRS Taxonomy 2009


Input schedules for data entry or data import Control reports for validation of collected data

Consolidation Processing

Full, proportionate and equity method


Extensive set of automatic business rules Scope changes and rate variations

SAP 2011 / Page 31

SAP BusinessObjects Planning and Consolidation Starter Kit for IFRS on SAP NetWeaver
Analysis, audit trail and publishing of financial statements
Analysis & Audit Trail

Dynamically formatted accounting and analysis reports leverage native drill down
Audit IDs for tracking data origin

Publishable Financial Statements following the requirements of IAS 1


Balance Sheet (current/non-current format) Income Statement (by function) Statement of Comprehensive Income Statement of Cash Flows Statement of Changes in Equity

XBRL Templates

Excel templates pre-mapped with IFRS taxonomy

SAP 2011 / Page 32

Specific starter kit content examples

SAP BusinessObjects Planning and Consolidation, starter kit for IFRS on the Microsoft Platform

SAP BusinessObjects Planning and Consolidation Starter Kit for IFRS on the Microsoft Platform
Data collection, control and data processing
Business Process Flows

Data collection
Preparing and running the consolidation Reports and analysis

IFRS Data Input & Control

CoA based on final IFRS Taxonomy 2009


Input schedules for data entry or data import Control reports for validation of collected data

Consolidation Processing

Full, proportionate and equity method


Extensive set of automatic business rules Scope changes and rate variations

SAP 2011 / Page 34

SAP BusinessObjects Planning and Consolidation Starter Kit for IFRS on the Microsoft Platform
Analysis, audit trail and publishing of financial statements
Analysis & Audit Trail

Dynamically formatted accounting and analysis reports leverage native drill down
Audit IDs for tracking data origin

Publishable Financial Statements following the requirements of IAS 1


Balance Sheet (current/non-current format) Income Statement (by function) Statement of Comprehensive Income Statement of Cash Flows Statement of Changes in Equity

XBRL Templates

Excel templates pre-mapped with IFRS taxonomy

SAP 2011 / Page 35

Specific starter kit content examples

SAP BusinessObjects Financial Consolidation Starter Kit for IFRS

SAP BusinessObjects Financial Consolidation Starter Kit for IFRS


Data collection, control and processing
IFRS Data Entry & Collection Controls

CoA based on final IFRS Taxonomy 2010


Complete data entry package Preventive controls blocking invalid data

Consolidation Processing

Full, proportionate and equity method


Scope changes and rate variations Elimination of internal reciprocal operations Elimination of provisions & dividends Elimination of gains/losses on disposal of assets

Goodwill booking (manual declaration)


Elimination of investments in subsidiaries Calculation of currency translation adjustments Calculation of non-controlling interests

SAP 2011 / Page 37

SAP BusinessObjects Financial Consolidation Starter Kit for IFRS


Analysis, audit trail and publishing of financial statements
Monitoring and Controlling

Accounting and analysis reports


Smart links between reports for quick drill down to detailed data Audit IDs for audit trail

IAS 1 Publishable Financial Statements


Statement of Financial Position Income Statement Statement of Comprehensive Income Statement of Cash Flows

Statement of Changes in Equity

XBRL Templates

Excel templates pre-mapped with IFRS taxonomy

SAP 2011 / Page 38