What is SAP Outcome-Based Business Insights in SAP (BV-FINANCE - Brand Voice - Financial Management)?

SAP Term: SAP Outcome-Based Business Insights

• Component: BV-FINANCE

• Component Name: Brand Voice - Financial Management

• Description: A cloud solution aimed at industrial equipment manufacturers that monitors contracted KPIs/SLAs and related revenues, costs, and profitability to help them profitably transition from traditional equipment sales to an outcome-based business model.

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• Key Concepts: 
  SAP Outcome-Based Business Insights is a component of the BV-FINANCE Brand Voice suite of products. It provides a comprehensive view of financial performance, enabling users to identify and track key performance indicators (KPIs) and outcomes. It also provides insights into the financial health of an organization, allowing users to make informed decisions about their business. 
  
  How to Use It: 
  SAP Outcome-Based Business Insights can be used to track and analyze financial performance across multiple dimensions. It provides users with a comprehensive view of their financial performance, enabling them to identify and track KPIs and outcomes. Additionally, it provides insights into the financial health of an organization, allowing users to make informed decisions about their business. 
  
  Tips & Tricks: 
  When using SAP Outcome-Based Business Insights, it is important to ensure that the data being tracked is accurate and up-to-date. Additionally, it is important to ensure that the KPIs being tracked are relevant to the organization’s goals and objectives. Finally, it is important to regularly review the data being tracked in order to ensure that it is providing meaningful insights into the organization’s financial performance. 
  
  Related Information: 
  SAP Outcome-Based Business Insights is part of the BV-FINANCE Brand Voice suite of products. Other components of this suite include SAP Financial Management, SAP Cash Management, SAP Risk Management, and SAP Treasury Management. Additionally, SAP offers a range of other solutions for managing financial performance, such as SAP Analytics Cloud and SAP Business Planning and Consolidation.