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Cost factors that influence implementation pricing in the financial services sector:
Compliance
Does the business need specific compliance and regulatory structures? Standard compliance (separation of responsibility can usually be implemented as a standard – for example, approvals on journals or AP invoice vs banking approvals).
3rd party integrated solutions
Does the business need to integrate third-party financial services industry and funds management solutions to the core finance management software?
Multi-entity
How many companies will be implemented? Are there many intercompany transactions, are eliminating entries required, is consolidated reporting required?
Multi-country
Does the business operate in multiple countries that require IFRS accounting standards, consolidated reporting and different legal and fiscal requirements?
Users
How many users require access to SAP Business ByDesign?
Financial reporting
What reporting is required – KPIs, dashboards, financial reporting by dimension etc.?