The planning, approval and controlling of investment ideas is a complex process that takes place in every company. Using Investment Management this process can be streamlined, monitored and thus be managed more efficiently. This Business Scenario Map shows how investment ideas are collected and approved. These ideas can be created via the internet, SAP R/3 or other tools by Project Leaders in subsidiaries. The Capital Investment Manager consolidates the data by using a hierarchy of Investment Program positions (e.g. cost center hierarchy, business units) and presents the data to a Manager/Approver. The approval process can be done using the workflow. From the approved ideas, measures are created which then are budgeted and controlled by the Capital Investment Manager. The result is a streamlined process which saves time and money.
|
Manager / Approver
Capital Investment Manager
Project Leader
Approve plan values for whole investment program
Collect investment ideas in the investment program
Approve unique investment ideas and create measures
Budget measures
Control and measure
Plan values for investment ideas
Realize investment ideas
|
|
Investment Planning & ApprovalMaking the correct strategic decisions on capital spending is increasingly important to overall success. The cost of capital plays an ever more significant role. Your capital investment planning should be an integral part of your business plan. SAPs Investment Management (IM) offers a comprehensive array of functions supporting you in the capital investment process.
Detailed Planning from Inception Onward SAPs appropriation requests represent your proposals for projects requiring capital budgeting. You enter them via Internet or directly in the integrated system even before they are approved for implementation. With the help of different versions of the request, in which you enter alternative plan values, you see various possible scenarios for carrying out the measure. These variants also provide a transparent overview of proposed investments in your enterprise. You prioritize the appropriation requests using accepted methods of preinvestment analysis. SAP Business Workflow ® provides the framework for managing your own approval process in the system. Create a wish list, categorizing the diverse appropriation requests based on your own criteria.
Comprehensive Investment Programs for the Entire Organization In the SAP ® investment program you structure plan values according to the corporate hierarchy in your organization. These plan values can be derived from appropriation requests and from existing investment measures in the system. The system thereby provides an overview of planned capital spending in your entire organization, broken down according to areas of responsibility. Or you can analyze the values in SAP Business Information Warehouse (SAP BW) according to freely-definable selection characteristics. Use IM capital investment programs to allocate budgets for your entire organization and distribute the budgets to capital investment measures. The system enables you at all times to monitor available resources, planned costs, and actual costs already incurred through internal and external activities and services.
Early Integration in the Depreciation Forecast Get a timely overview of the effects of depreciation on your capital investments. From the moment you allocate your first budget, the anticipated depreciation values begin to flow into the fixed asset depreciation forecast for your profit and loss statements and cost accounting records. As soon as you update the planned values, you can have the system recalculate the anticipated depreciation. This prompt recalculation means your cost plans and planned balance sheets will always be based on the most accurate data available.
|