PlaniFi Account Reconciliation · Reconciliations inside SAP Analytics Cloud
The recs move into the platform you already run.
Account reconciliations are where the close goes quiet. Spreadsheets multiply, sign-offs live in email, and the reconciliation platform, if there is one, sits outside your analytics landscape. PlaniFi Account Reconciliation puts them inside SAP Business Data Cloud instead, on the platform your reporting already runs on.
Watch the 6-minute demo. A reconciliation from the launchpad to certification, in SAP Analytics Cloud.
What the solution delivers
What changes for the people who run the close, rather than a list of features.
No platform to buy
No separate reconciliation system to run, no second copy of the data to maintain, and no third party license to renew and defend at budget time.
Nothing to tie back
The reconciliation data sits with the reporting it feeds, so nobody spends the close proving that the two agree.
One place to work
Balances are reviewed and approved in SAP Analytics Cloud, where the team already reports, instead of in a second tool they switch into and reconcile back from.
Evidence is already attached
Supporting documents are linked to the reconciliation they belong to, rather than gathered when an auditor asks for them.
Plans start from agreed numbers
The same reconciliation runs against the accounts behind the planning applications, so a sales plan is built on balances that were checked rather than assumed.
What a separate reconciliation tool really costs
The costs that do not appear on the invoice for a separate tool.
- Spreadsheets multiply and sign-offs live in email, so the status of the close depends on who you ask.
- A standalone reconciliation platform sits outside your analytics landscape. It keeps its own copy of the data, which is one more thing to reconcile.
- It also carries its own license bill, its own integration and its own upgrade path.
How it works
Where the work happens, and what sits underneath it.
The reconciliation data lives where the reporting lives
Reconciliations are built right into SAP Analytics Cloud, alongside your SAP analytics and reporting. One source of truth, rather than one more data copy to keep in step.
SAP Analytics Cloud is where your team works
Input forms are built per account type and supporting documents are linked to the reconciliation. Balances are reviewed and approved each period in SAC, rather than in a tool your team has to switch into and reconcile back from.
What you get
What is in the box when the module is switched on.
Single source of truth
Reconciliation data sits alongside your SAP analytics and reporting, in the environment your team already works in.
Native SAP connectivity
No integration to build between the reconciliation data and the reporting, because there is only one platform. Adjustments are made in EPM.
Lower cost of ownership
No separate platform to run, no data replication to maintain, and no third party license costs to carry.
This is not standard content
Packaged content that ships with a platform is written once and then waits for the next release. This is not that. The content behind PlaniFi is based on more than a hundred implementations and a few hundred close cycles, and every one of them feeds back into it. It is actively maintained, improved, extended and optimized rather than frozen at the moment a template was first written.
That matters most where a template cannot anticipate the shape of the problem. Accounts nobody designed on purpose. Support that lives in three places. A reconciliation that was fine for years until the business changed shape. Those are cases the content has already met, because someone met them first and the answer went back into the product.
Who this is for
Controllers and accounting managers who own the reconciliation binder. Shared services leads whose teams work the recs by hand. CFOs and finance directors weighing a standalone reconciliation tool against something that lives where their reporting already is.
What this is built for
The situations this is designed to carry, end to end.
One platform, one copy of the data
Datasphere and SAP Analytics Cloud are both SAP Business Data Cloud, so the reconciliation data sits with the reporting it feeds rather than in a second system holding its own copy.
Native SAP connectivity
Nothing to integrate between the reconciliations and the reporting, because there is only one platform underneath both.
No third party license to carry
No separate platform to run and no data replication to maintain, so the cost of ownership is the platform you already pay for.
Review and approval where the numbers live
Balances are reviewed and approved each period in SAP Analytics Cloud, directly over the data Datasphere is holding.
Evidence attached to the reconciliation
Input forms are built per account type and supporting documents are linked to the reconciliation they belong to.
Auto-certification for the straightforward accounts
The accounts that do not need a human get certified, so the period's attention goes to the ones that need judgment.
Intercompany matching included
Matching for intercompany activity, with balance-level data reconciled against the sub-ledger detail behind it.
Adjustments made where the close happens
Adjustments are made in EPM, alongside the consolidation and the reporting they affect.
Extend with a dedicated reconciliation platform where the requirement goes past this: a rules-based matching engine for very high transaction volumes across bank and sub-ledgers, segregation of duties and locked history inside the tool for SOX, review cadence set by account risk rating, or adjustments posted back to the ERP rather than made in EPM.
Why this rather than buying another system
The usual fix for reconciliation chaos is buying another system. Another system means another data copy, another integration and another license. This is the version where the recs move into the platform you already run.
See it run
The full webinar
30 minutes, virtual. Register to watch it, and the recording goes to everyone who does.
See webinar Talk to us about your closePart of PlaniFi, not a bolt-on
PlaniFi Account Reconciliation is a module of the PlaniFi EPM solution. It is not a separate product stitched onto it, and it does not bring a platform of its own.
One SAP product, not an integration
It runs inside SAP Business Data Cloud, the same SAP product as PlaniFi Consolidations and the rest of the PlaniFi EPM solution. There is nothing in between to integrate, monitor or keep in version.
The same architecture
SAP Datasphere underneath, SAP Analytics Cloud above. That is how the consolidation application itself runs, which is why adding a module does not add an architecture.
The same interfaces
Your team works in SAP Analytics Cloud, where they already review and report. No second tool to learn and no second place to look for the status of the close.
The same licensing
It runs on the SAP platform licensing you already hold for PlaniFi. No third party license and no separate subscription to renew and defend at budget time.
SAP Datasphere plays a foundational role in SAP's broader strategic vision to unify data, analytics and planning across the intelligent enterprise. A module that runs there moves in the direction SAP is investing in, rather than having to keep pace with it from the outside.
Where this sits
PlaniFi Account Reconciliation is a module of the PlaniFi EPM solution. It reconciles accounts wherever they are used, which is not only the close: the same reconciliation runs against the accounts behind the planning applications, so a sales plan is built on balances that have been agreed rather than assumed. It is not a standalone purchase.
| Page | What it is |
|---|---|
| PlaniFi Consolidations | The core application. Consolidation process and rules, eliminations, roll forwards, cash flow, top-side journals. |
| PlaniFi Intercompany Matching and Reconciliation (ICMR) | Matches intercompany balances across every system in the group, so differences surface before the group close. |
| PlaniFi Month End Close Agent | Runs the close process itself, in a fixed order, every month. |
| PlaniFi Data Consolidator | Mapping and transformation, so the data arriving in the close is already under control. |
| Planning applications | Sales and margin planning, quota planning, P and L and expense planning, financial reporting. The same accounts, planned against rather than closed. |
EPM and beyond
When special conditions call for another tool
PlaniFi Account Reconciliation covers most needs. When special conditions require another tool, such as a close automation program built around BlackLine, BlackLine is the right choice, and SimpleFi implements it for you as well.
Talk to us
See it against your own close
Thirty minutes, your close calendar, and an honest view of whether this fits. No deck.