What is formula builder in SAP EPM-SA - SAP Spend Performance Management?

SAP Term: formula builder

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: A function that allows the user to use mathematical operators and existing measures to create virtual calculated measures in reports.

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• Key Concepts: 
  Formula Builder is a feature of SAP Spend Performance Management (EPM-SA) that allows users to create custom formulas to calculate and analyze spend data. It enables users to quickly and easily create complex formulas using a drag-and-drop interface. The formulas can be used to calculate metrics such as cost savings, cost avoidance, and spend efficiency.
  
  How to use it: 
  Formula Builder can be accessed from the SAP Spend Performance Management (EPM-SA) dashboard. To create a formula, users can select the desired metrics from the list of available metrics and drag them into the formula builder window. Once the formula is complete, users can save it for future use or apply it to their data set.
  
  Tips & Tricks: 
  When creating a formula, it is important to ensure that all of the metrics used are compatible with each other. Additionally, users should double-check their formulas before applying them to their data set to ensure accuracy.
  
  Related Information: 
  Formula Builder is part of the SAP Spend Performance Management (EPM-SA) suite of tools. It is designed to help users quickly and easily create custom formulas for analyzing spend data. Additionally, Formula Builder can be used in conjunction with other EPM-SA features such as Spend Analysis and Spend Forecasting.