Strategic Enterprise Management (SEM)
SAP Strategic Enterprise Management (SAP SEM) delivers end-to-end ERP software capabilities to support the entire performance management life cycle, including:

• Consolidated financial reporting – With SAP SEM, you can generate consolidated financial and managerial reports for a globally distributed business or entity. The application can aggregate financial data from SAP and non-SAP systems into a single analytical reporting environment, enabling you to monitor the financial performance of individual subunits.
• Planning, budgeting, and forecasting – SAP SEM helps enables you to model various planning options and use preconfigured planning software to get a quick start on operational planning tasks such as cost center planning and sales planning. The application supports traditional budgeting and rolling forecasts as well as collaborative planning.
• Corporate performance management and scorecards – With SAP SEM, you can develop KPIs that support a number of popular scorecard methodologies, including balanced scorecard, economic value-added, and activity-based costing methods. You can link operational and strategic plans and develop scorecards and performance measures based on financial and nonfinancial data.
• Risk management – SAP SEM helps you identify, quantify, and analyze business risks within individual business units and manage risk-reducing activities.