Hi Monica,
As per my understanding Simple Finance is finance suite where as SAP BPC is meant for planning and consolidation.
Simple Finance uses SAP BPC for planning/budgeting (IBP). The only difference between SAP BPC 10.1 stand alone or IBP is the source data. IBP uses source system tables as source data where as BPC 10l1 uses BW objects.
Experts - Please correct me if I am wrong.
Thanks,
Venkat