Systems, Applications & Products (SAP) is an enterprise resource planning (ERP) software implemented in businesses to streamline company operations. Organizations today also use it to create a centralized system that allows every department to share data. There are many fully-integrated modules incorporated in the software which cover all aspects of the business and these modules can give you an edge in this competitive generation.
According to this post, 9 out of 10 of the world’s biggest companies run SAP solutions, with 80% of the world’s products have passed through an SAP system in some way. This means that something you’ve used, read, consumed, or relied on already was ‘delivered’ by an SAP system. SAP system allows a more thorough business analysis throughout business processes and business application, data analysis in programming languages that allow you to have a deeper understanding for data warehouse management.
Apple, Babcock, Centrica, Dyson, Eli Lilly, Ford, Guinness, Hewlett Packard, Iceland (supermarket not country), Jaguar, Kelloggs, Lacoste, Mitsubishi, Nike, Office Depot, Pepsi, Quicksilver, Red Bull, Shell, Tyco, Unilever, Velux, Wrigley, Xerox, Yves Rocher and Zimmer to name but 26 of the 40,000+ intelligent enterprises and business who run SAP.
These are the most popular SAP modules implemented in a company:
– Materials Management (MM)
– Sales & Distribution (SD)
– Financial Accounting and Controlling (FICO)
– And much more.
If you have been thinking of learning new skills in the new year, interested in learning or taking one of online courses, SAP Business would be a great option for you as the demand for people with comprehensive knowledge and skills in SAP continues to rise along with digital transformation in every aspect of any industry. Taking SAP training and SAP certification courses will help you sit in the certification exams.
SAP in the workplace
According to career portal Indeed, some key areas where SAP skills are essential to become an SAP expert, including:
Human Resource Management
SAP software helps HR managers locate and record employee status and information from when they start working with the company until the end of their contracts. SAP software is also utilized on payroll management to simplify the process by ensuring that all payment checks are appropriate.
Employing a diverse workforce using the right tools is needed to manage projects and SAP software helps simplify the stages from project initiation, planning, execution to closure.
Learning SAP skills can improve your chances of securing a warehouse management role which includes inbound management, outbound management, storage and operations, and cross-functional management where batch, serial number, and dock appointment are improved using SAP software.
Customer Relationship Management
Automation and integration of customer activities are made possible by the use of SAP software. Several key functions of the CRM department include sales, marketing, customer service, and commerce. SAP provides a better and holistic customer experience with AI-guided powered selling, plan modeling, and billing management.
Finance and Accounting Management
The finance department keeps the companies on track with the budget, expenditure, and earnings. SAP in finance and accounting management covers planning and analysis, accounting and tax management, treasury and cash management, and accounts payable and receivable.
Moreover, here are some ways that SAP can be utilized in the workplace:
- Streamlining business processes: SAP can streamline business processes by automating tasks, reducing manual effort, and improving efficiency. This can include managing financial transactions, inventory management, supply chain management, and human resources management.
- Enhancing decision-making: SAP provides real-time data and analytics that can be used to inform decision-making. This can include tracking key performance indicators (KPIs) and generating reports to identify areas for improvement or optimize operations.
- Improving collaboration: SAP can facilitate collaboration and communication across different departments and teams. This can enable employees to access shared documents, track project progress, and collaborate on tasks in real-time.
- Managing resources: SAP can be used to manage human resources, financial resources, and inventory. This can include managing employee data, tracking expenses, and managing stock levels.
- Ensuring compliance: SAP can help ensure compliance with legal and regulatory requirements by providing a centralized platform for managing and tracking data. This can include organizing payroll, taxes, and financial reporting.