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SAP BPC (Business Planning and Consolidation) vs. Synoptix

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    SAP BPC (Business Planning and Consolidation)

    Score8.5 out of 10
    N/AThe SAP BPC software is designed to help users plan and achieve a faster, more accurate close. The SAP BPC software aims to help users spend more time growing their business and less time closing books. The vendor’s value proposition is that their software delivers planning, budgeting, forecasting, and financial consolidation capabilities in a single application. This, in turn, enables them to easily adjust plans and forecasts, speed up budget and closing cycles, and ensure compliance with…N/A

    Synoptix

    Score7.5 out of 10
    Mid-Size Companies (51-1,000 employees)
    Synoptic provides ERP financial reporting tools and analysis. This solution is designed to deliver real-time data. The vendor’s value proposition is that their solution empowers users to create financial and operational reports with spreadsheet ease of use.N/A
    Pricing
    SAP BPC (Business Planning and Consolidation)Synoptix
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    SAP BPC (Business Planning and Consolidation)Synoptix
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details——
    More Pricing Information
    Community Pulse
    SAP BPC (Business Planning and Consolidation)Synoptix
    Considered Both Products
    SAP
    No answer on this topic
    Synoptix
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    88%
    Would buy again
    7 Answers
    Delivers good value for the price
    No answers on this topic
    83%
    Delivers good value for the price
    5 Answers
    Happy with the feature set
    No answers on this topic
    88%
    Happy with the feature set
    7 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    80%
    Lived up to sales and marketing promises
    4 Answers
    Implementation went as expected
    No answers on this topic
    83%
    Implementation went as expected
    5 Answers
    Features
    SAP BPC (Business Planning and Consolidation)Synoptix
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    7.8
    37 Ratings
    6% below category average
    Synoptix
    6.6
    8 Ratings
    22% below category average
    Long-term financial planning8.032 Ratings6.06 Ratings
    Financial budgeting8.033 Ratings6.57 Ratings
    Forecasting8.036 Ratings6.64 Ratings
    Scenario modeling7.032 Ratings5.94 Ratings
    Management reporting7.936 Ratings7.88 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    7.9
    36 Ratings
    1% below category average
    Synoptix
    7.6
    7 Ratings
    5% below category average
    Financial data consolidation8.033 Ratings8.26 Ratings
    Journal entries and reports7.828 Ratings7.03 Ratings
    Multi-currency management8.325 Ratings7.14 Ratings
    Intercompany Eliminations7.828 Ratings6.82 Ratings
    Minority Ownership7.020 Ratings9.12 Ratings
    Local and consolidated reporting8.030 Ratings7.55 Ratings
    Detailed Audit Trails8.227 Ratings7.46 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    8.0
    36 Ratings
    1% below category average
    Synoptix
    7.2
    8 Ratings
    12% below category average
    Financial Statement Reporting8.032 Ratings7.28 Ratings
    Management Reporting8.036 Ratings7.78 Ratings
    Excel-based Reporting8.035 Ratings8.07 Ratings
    Automated board and financial reporting8.027 Ratings7.37 Ratings
    XBRL support for regulatory filing00 Ratings5.73 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    8.6
    32 Ratings
    8% above category average
    Synoptix
    6.5
    6 Ratings
    20% below category average
    Personalized dashboards9.021 Ratings6.46 Ratings
    Color-coded scorecards9.019 Ratings5.94 Ratings
    KPIs8.930 Ratings6.73 Ratings
    Cost and profitability analysis9.026 Ratings6.73 Ratings
    Key Performance Indicator setting9.023 Ratings6.73 Ratings
    Benchmarking with external data7.018 Ratings6.73 Ratings
    Integration
    Comparison of Integration features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    7.0
    35 Ratings
    17% below category average
    Synoptix
    7.4
    6 Ratings
    12% below category average
    Flat file integration7.032 Ratings7.33 Ratings
    Excel data integration8.034 Ratings8.05 Ratings
    Direct links to 3rd-party data sources6.022 Ratings6.96 Ratings
    BI Standard Reporting
    Comparison of BI Standard Reporting features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Synoptix
    6.0
    5 Ratings
    24% below category average
    Pixel Perfect reports00 Ratings5.73 Ratings
    Customizable dashboards00 Ratings5.85 Ratings
    Report Formatting Templates00 Ratings6.44 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Synoptix
    7.4
    7 Ratings
    10% below category average
    Drill-down analysis00 Ratings7.37 Ratings
    Formatting capabilities00 Ratings7.07 Ratings
    Integration with R or other statistical packages00 Ratings7.03 Ratings
    Report sharing and collaboration00 Ratings8.24 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Synoptix
    7.7
    5 Ratings
    7% below category average
    Publish to Web00 Ratings7.64 Ratings
    Publish to PDF00 Ratings8.45 Ratings
    Report Versioning00 Ratings7.63 Ratings
    Report Delivery Scheduling00 Ratings7.34 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Synoptix
    6.9
    3 Ratings
    10% below category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.33 Ratings
    Location Analytics / Geographic Visualization00 Ratings6.82 Ratings
    Predictive Analytics00 Ratings6.82 Ratings
    Pattern Recognition and Data Mining00 Ratings6.82 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Synoptix
    7.6
    6 Ratings
    14% below category average
    Multi-User Support (named login)00 Ratings7.36 Ratings
    Role-Based Security Model00 Ratings8.05 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings7.85 Ratings
    Report-Level Access Control00 Ratings7.35 Ratings
    Single Sign-On (SSO)00 Ratings7.86 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of SAP BPC (Business Planning and Consolidation) and Synoptix
    Feature
    SAP BPC (Business Planning and Consolidation)
    -
    Ratings
    Synoptix
    6.7
    4 Ratings
    16% below category average
    Responsive Design for Web Access00 Ratings6.74 Ratings
    Mobile Application00 Ratings6.82 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings6.73 Ratings
    Best Alternatives
    SAP BPC (Business Planning and Consolidation)Synoptix
    Small Businesses
    No answers on this topic
    No answers on this topic
    Medium-sized Companies
    IBM Planning Analytics
    Score8.8 out of 10
    IBM Planning Analytics
    Score8.8 out of 10
    Enterprises
    Oracle Fusion Cloud Enterprise Performance Management
    Score10 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    SAP BPC (Business Planning and Consolidation)Synoptix
    Likelihood to Recommend
    8.0
    (37 ratings)
    7.5
    (18 ratings)
    Likelihood to Renew
    7.0
    (1 ratings)
    9.1
    (2 ratings)
    Usability
    9.0
    (2 ratings)
    7.2
    (7 ratings)
    Availability
    9.0
    (1 ratings)
    -
    (0 ratings)
    Performance
    7.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    7.0
    (1 ratings)
    9.1
    (2 ratings)
    In-Person Training
    9.0
    (1 ratings)
    -
    (0 ratings)
    Online Training
    9.0
    (1 ratings)
    -
    (0 ratings)
    Implementation Rating
    8.0
    (1 ratings)
    9.1
    (1 ratings)
    Configurability
    8.0
    (1 ratings)
    -
    (0 ratings)
    Ease of integration
    7.6
    (36 ratings)
    -
    (0 ratings)
    Product Scalability
    9.0
    (1 ratings)
    -
    (0 ratings)
    Vendor post-sale
    8.0
    (1 ratings)
    -
    (0 ratings)
    Vendor pre-sale
    8.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    SAP BPC (Business Planning and Consolidation)Synoptix
    Likelihood to Recommend
    SAP
    SAP BPC (Business Planning and Consolidation) overall is a good package and has helped improve our reporting a lot whilst also making it more efficient due to the reliability of data input / output. There are limitations like graphs being so limited in functionality and reports failing when too much data being processed however i would recommend to others.
    Incentivized
    Read full review
    Synoptix
    Synoptix has been great for us to allow end users access to the data and information they need to make informed decisions without letting them have full access to all ERP functions. It has also been very easy to create custom reports that meet our needs. It is also nimble enough to create quick reports that are needed with a small turnaround
    Incentivized
    Read full review
    Pros
    SAP
    • SAP BPC is real time data. You can send information into the system and see it reflected in your reports immediately. Other systems may require a manual push into a reporting system.
    • SAP BPC is a shared reporting tool, so multiple users can be working in a model/environment at the same time, real time. This is especially helpful if your workbooks incorporated multiple processes requiring multiple users to get into the same model.
    • SAP BPC is a powerful tool designed to help all facets of the company, from cash flow to capital expenditures to headcount management to financial planning to consolidation.
    Incentivized
    Read full review
    Synoptix
    • Easy report building interface with an query interface that allows financial users the ability to conduct complex queries without difficulty.
    • The ability to create reporting that allows us to review in-depth financial review by drilling down into accounts to find transnational data easily.
    • Easily maintained and monitored with simple upgrade installations and end point installation.
    • Great knowledge base for review and trouble-shooting.
    • Highly knowledgeable and easy to work with staff.
    Incentivized
    Read full review
    Cons
    SAP
    • SAP should focus on delivering one single product for planning, consolidation and budgeting needs rather than providing a large list of options to choose from.
    • The product is not very user-friendly compared to other cloud competitors. There is a heavy dependency on IT teams.
    • SAP BPC should come up a pure cloud option.
    Incentivized
    Read full review
    Synoptix
    • It has a poor install procedure which is not standard. It almost requires copying folders from an existing computer to the new install.
    • The update process is less than desirable. It seems like Compusoft needs to do a better job of testing before releasing updates.
    • The interface is a bit archaic. It looks more like a program from 20 years ago than one used today.
    Incentivized
    Read full review
    Likelihood to Renew
    SAP
    No answers on this topic
    Synoptix
    There is no question that we will continue to use this product for as long as it's available
    Incentivized
    Read full review
    Usability
    SAP
    Unlike other SAP traditional products, SAP BPC was meant to be simple and familiar to financial users
    Incentivized
    Read full review
    Synoptix
    It didn't take long to learn how it works and has always been easy to navigate and accomplish all that we have needed. Whenever there have been any issues Synopotix has been great to address them in a timely manner and have always been able to resolve the issues we have had
    Incentivized
    Read full review
    Support Rating
    SAP
    We need a big support team with various skillset like BPC, ABAP, BW, HANA, FICO etc
    Incentivized
    Read full review
    Synoptix
    Support does not know much about software solutions. As an example, I have struggled for weeks just to set up LDAP that should be fairly simple.
    Incentivized
    Read full review
    In-Person Training
    SAP
    SAP BPC training content and trainers are very good. The training is structured and provides a very good understanding of the product features and functionalities. I attended 6 separate training sessions of week-long or more. I had very good experience in all the sessions. The training is organized very well.
    Incentivized
    Read full review
    Synoptix
    No answers on this topic
    Online Training
    SAP
    SAP Training contents are very good, informative and exhaustive.
    Incentivized
    Read full review
    Synoptix
    No answers on this topic
    Implementation Rating
    SAP
    The implementation was carried out in two phases spread over a period of 4 years with 2 upgrades in between. We also had multiple upgrades to HANA.
    Incentivized
    Read full review
    Synoptix
    Good guidance of what steps will halppen.
    Read full review
    Alternatives Considered
    SAP
    With Hyperion we struggled as it didn’t have integrated planning and consolidation, whereas BPC does have it. BPC is easier for reporting as it is Excel-based. Also BPC has prepackaged business process flows that helped a lot. Hyperion on the other hand has a faster response time for user queries or report generation.
    Incentivized
    Read full review
    Synoptix
    Synoptix is more oriented to users as their own developers. You do not need to understand any sort of coding or languages. If you are working in financials you just need to know your trial balance. The menus and programing are so user friendly the programming is "kinda obvious"
    Incentivized
    Read full review
    Return on Investment
    SAP
    • When originally implemented (as the predecessor product Outlooksoft) BPC took ASU from trying to budget and forecast for a 2B enterprise out of spreadsheets and into a far more consolidated tool. It has saved us considerable time over the years and paid for itself several times over.
    • BPC also allows us to present our budget in multiple different views to support management, board and departmental reporting.
    Incentivized
    Read full review
    Synoptix
    • As a reporting tool it has allowed us to make fact based decisions. We have a significant annual cost with relation to our legacy system and Synoptix provides us with the best tool to mine the data that resides in our legacy system.
    Incentivized
    Read full review
    ScreenShots

    SAP BPC (Business Planning and Consolidation) Screenshots

    Screenshot of SAP BPC Home ScreenScreenshot of SAP BPC Web ClientScreenshot of SAP BPC DashboardScreenshot of SAP BPC Web Report