What is integration in SAP EPM-FC - SAP BusinessObjects Financial Consolidation?

SAP Term: integration

• Component: EPM-FC

• Component Name: SAP BusinessObjects Financial Consolidation

• Description: The process during which package data is converted to preconsolidated data.

Smart SAP Assistant

• Key Concepts: 
  Integration is the process of combining different components of a system into a single, unified system. In the context of SAP BusinessObjects Financial Consolidation (EPM-FC), integration refers to the ability to connect different data sources, such as financial statements, to the EPM-FC platform. This allows users to access and analyze data from multiple sources in one place.
  
  How to use it: 
  Integration with EPM-FC is achieved through the use of connectors. Connectors are used to link data sources to the EPM-FC platform, allowing users to access and analyze data from multiple sources in one place. Connectors can be used to connect data from external sources, such as financial statements, or from internal sources, such as SAP ERP systems.
  
  Tips & Tricks: 
  When setting up integration with EPM-FC, it is important to ensure that all data sources are properly connected and configured. This will ensure that all data is accurately transferred and analyzed within the platform. Additionally, it is important to ensure that all data sources are up-to-date and accurate before attempting to integrate them with EPM-FC.
  
  Related Information: 
  For more information on integration with EPM-FC, please refer to the SAP BusinessObjects Financial Consolidation documentation. Additionally, there are a number of third-party tools available that can be used to facilitate integration with EPM-FC.