What is month over month in SAP EPM-SA - SAP Spend Performance Management?

SAP Term: month over month

• Component: EPM-SA

• Component Name: SAP Spend Performance Management

• Description: Compared to the same thirty-day span over a defined period.

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• Key Concepts:
  Month over month (MOM) is a comparison of the same month in two different years. It is used to measure the performance of a company or organization over time. It is a useful tool for tracking changes in spending, revenue, and other financial metrics.
  
  How to use it:
  Month over month can be used in SAP Spend Performance Management (EPM-SA) to compare the same month in two different years. This allows users to track changes in spending, revenue, and other financial metrics over time. The data can be used to identify trends and make decisions about future spending.
  
  Tips & Tricks:
  When using month over month in SAP Spend Performance Management, it is important to consider the context of the data. For example, if there are seasonal fluctuations in spending or revenue, it may be necessary to adjust the data accordingly. Additionally, it is important to consider external factors that may have an impact on the data, such as changes in the economy or market conditions.
  
  Related Information:
  Month over month can also be used in other areas of SAP software, such as SAP Business Planning and Consolidation (BPC). Additionally, there are other methods of measuring performance over time, such as year over year (YOY) or quarter over quarter (QOQ).