SAP Profitability and Performance Management stands for the abbreviation SAP PaPM. SAP PaPM was formerly known as SAP FS-PER, which stands for Performance Management for Financial Services.
You can find more information about SAP PaPM at SAP´s website
Reporting based on IFRS 17 is not always easy as it seems to be - as insurance companies have several IT-systems in their portfolio, the biggest challenge, in my opinion, is to connect all of the systems to get the right data and consequently the right report.
