The Ultimate Guide to SAP FICO Training and Placement
SAP is the backbone of numerous multinational companies' efforts to rationalize and optimize their business processes. The company serves more than 388,000 customers across 180 nations, employing over the same number of individuals to provide solutions for 25 diverse industries, from manufacturing, aerospace, pharmaceuticals, to financial services. SAP envisions that the rapidly growing cloud business and increasing support revenue will drive a greater portion of predictable revenue. The company projects that the aggregate of cloud subscriptions, support revenue, and software support revenue to be in the range of 70-75% of the total revenue by 2020.
Understanding SAP FICO: A Comprehensive Overview
Nowadays, SAP is one of the most demanded technology certifications. Starting from its beginnings in inventory management, SAP has significantly advanced to develop different ERP modules suited for diverse organizational processes. Today, SAP software systems cover almost all departments in an organization, such as the SAP SD (Sales and Distribution) module for sales teams, SAP Payroll module for payroll teams, SAP HCM (Human Capital Management) module for HR departments, SAP CRM (Customer Relationship Management) for the CRM department, and the SAP FICO (Financial Accounting and Controlling) module for the finance team. Additionally, SAP NetWeaver is developed to provide enterprises with a unified framework to manage information from various divisions or organizations.
Why SAP Certification Matters
Several individuals wonder if obtaining an SAP certification is worth the effort and cost. While there's no one-size-fits-all answer, SAP certification can play a significant role in building your professional expertise in the global market. An SAP certification demonstrates your ability to use SAP systems for managing large corporate databases and your specialized skills in SAP reporting.
Is SAP Certification Worth It?
Evaluating whether SAP certification is worth it involves considering several factors:
Exam and Training Costs**: The certification exam typically costs at least $500, and this should be weighed against the training expenses. Career Focus**: The certification is particularly beneficial if you're aiming for a career in the SAP field. Personal Skills and Expertise**: Certification may be more valuable if you aim for long-term career goals and high-level SAP positions.Benefits of Attaining an SAP Certification
Obtaining an SAP certification offers several advantages:
Different SAP Modules
Users can take up certification for SAP modules that match their job profile. For instance, human resource professionals can take SAP HCM certification, finance professionals can opt for SAP FICO certification, and salespeople can pursue SAP SD certification.Global Market Validation
A SAP certification is one of the most recognized technology certifications globally. Achieving the certification validates your SAP skills in the global market.Enhanced SAP Skills
To obtain SAP certification, one must pass an examination, which requires training and a solid foundation in SAP. This process helps participants to enhance their SAP skills towards achieving the certification.Improved Job Performance
Adopting the SAP system enables organizations to handle database and work procedures from a single unified system across various divisions and branches. SAP certification therefore enhances job performance towards achieving organizational goals.In conclusion, while the value of SAP certification can be subjective, individual circumstances play a crucial role in determining its worth. Whether you aim to strengthen your skills, validate your expertise in the global market, or improve your job performance, SAP certification can be an invaluable asset in your career.