What is fixed period analysis in SAP EPM-SA - SAP Spend Performance Management?

SAP Term: fixed period analysis

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: A type of time analysis for example Period over Previous Period, which involves analyses of data for exactly two target time periods adjacent to each other for example 2008, 2007 .

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• Key Concepts: 
  Fixed period analysis is a feature of the SAP Spend Performance Management (EPM-SA) component that allows users to analyze their spending data over a fixed period of time. This analysis can be used to identify trends in spending, compare spending across different periods, and identify areas of potential cost savings.
  
  How to use it: 
  To use fixed period analysis, users must first select the period they wish to analyze. This can be done by selecting a specific date range or by selecting a predefined period such as the current month or quarter. Once the period has been selected, users can then view their spending data for that period and analyze it for trends and potential cost savings.
  
  Tips & Tricks: 
  When using fixed period analysis, it is important to remember that the data being analyzed is only for the selected period. Therefore, it is important to select a period that is long enough to provide meaningful insights but not so long that it becomes difficult to interpret the data. Additionally, users should consider using multiple periods when analyzing their spending data in order to get a more comprehensive view of their spending patterns.
  
  Related Information: 
  Fixed period analysis is just one of many features available in SAP Spend Performance Management (EPM-SA). Other features include budgeting, forecasting, and reporting tools that can help users better manage their spending and identify areas of potential cost savings.