FICO:What are the critical reporting requirements of a finance department?

Hi Experts,
Can you help me identify all the reporting requirements of a finance departmentn when it comes to the use of BW?
i. From a reporting perpective, what does the finance department need from BI to say that BI is a worthwhile investiment?
ii. Does BI provide any of the answers provided in i. (above) through its business content objects? If so, can you discuss how BI provides each of the solutions? (I will apprecaite a discussion for the "finance team" and not neccessarily for the IT team)
iii. If all the requirements of a finance department are already available with a newly installed BI, then
what are the typical functions of a BI consultant  to a finance department? i.e. why will a finance department find the need to bring in a BI consutant to advise them on how best to use BW in their environment?
iv. How does the above discussion pertain to CO. i.e. If your discussion above is strictly for FI, can you address i, ii, iii for CO?
Thanks and Happy Holiday.

Hi
From a reporting perpective, what does the finance department need from BI to say that BI is a worthwhile investiment?
Normally Financial reports needed for the customer will be P&L, Balance sheet, Cashflow statements and the AR, AP and also Controlling and the Turn over Ratios to know about the financial funding stage about their organization based on their functional requirements.
ii. Does BI provide any of the answers provided in i. (above) through its business content objects? If so, can you discuss how BI provides each of the solutions? (I will apprecaite a discussion for the "finance team" and not neccessarily for the IT team)
Better to talk to your FI CO team for this to understand better at ECC functional level to know what would be the best extractors that you can report on. BI content is already there for almost FI CO reports.
http://help.sap.com/saphelp_nw70/helpdata/EN/2d/955a73da4d6d41a0a6128caf274ce8/frameset.htm
and everything mentioned clearly in that why , how , what.
iii. If all the requirements of a finance department are already available with a newly installed BI, then
what are the typical functions of a BI consultant to a finance department? i.e. why will a finance department find the need to bring in a BI consutant to advise them on how best to use BW in their environment?
Though the Finance team has every Extractor at ECC side its only BI consultant who has to work on Modeling , Extraction, Reporting Part for BEx Reports. You have to Map the Fields even though its BI Content some of the Customized objects like Routines, Formulas would be there for each and every project .
iv. How does the above discussion pertain to CO. i.e. If your discussion above is strictly for FI, can you address i, ii, iii for CO?
http://help.sap.com/saphelp_nw70/helpdata/EN/d6/563b2203ef11d4a7400060087a7a87/frameset.htm
Hope it helps

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