One of the best ERP(Enterprise Resource Planner) software in the industry, SAP is a multinational software company that offers several great products and modules that helps process generated data to guide business development.
So if you have a software-oriented background, and have a working knowledge of what makes computer programs tick, then a career in SAP might be perfect for you.
Apart from providing you with a highly rewarding career, it will also give you access to the domain of business intelligence.
Another example of software that is often used in business intelligence is Tableau. Learn Tableau?
Candidates should obtain SAP module certification to pursue a career as an SAP consultant; this will allow them to perform roles such as account and finance executive, senior analyst programmer, and others.
As an SAP consultant, you will be able to use SAP modules to process generated data and guide businesses.
Some SAP Modules you can work with
SAP offers a wide variety of products that can be used to analyze business-generated data and extract insights from it to make business decisions.
Products are differentiated on the basis of their applications in various fields such as Marketing, Sales, Business integration, etc.
Here are some of the most common SAP modules you can work with:
SAP FI Module
This SAP module is primarily used in maintaining financial data. Finance consultants can use this SAP module to determine the company’s financial standing and make better financial decisions.
The FI module serves multiple utilities in the industry including building finance ledgers, maintaining balance sheets, accounting for profits and losses, and is also highly utilized in Asset Management companies.
SAP CO Module
Also known as the SAP controlling module, it is used to control, and organize a company’s operations and general structure.
The company’s different departments, employee hierarchies, and operations can be monitored, compared, and by using these insights, decisions could be taken to optimize.
SAP FICO is perhaps the most widely used SAP module and refers to the SAP module that caters to both a company’s financials and its operations. (Basically an amalgamation of SAP FI, and SAP CO)
SAP HR module
An organizational tool developed specifically to aid HR managers in efficiently organizing their human resources.
It is extremely powerful in creating payrolls, managing the employee hierarchy, tracking employee appraisal, and automating the record-keeping process.
Being an HR-friendly tool, it is also referred to as, SAP HCM(Human Capital Management), or SAP HRMS(Human Resource Management System).
SAP MM module
One of the core functionalities of SAP, the MM (Material Management) module is beneficial as a logistics function and helps in procuring activities of an organization.
The module can be efficiently used to gain insights and execute decisions regarding vendor management and raw material flow.
For manufacturing industries that need to keep a track of their inventory, raw material replenishment, and product pipeline, the SAP MM module is generally the best choice!
SAP SD module
The SAP Sales and Distribution model is used to do what the name suggests! It can be used to create an interactive and information-dispatching dashboard regarding the sales and distribution of a company.
Using this, an SAP consultant can create and oversee an end-to-end pipeline of all the operations encompassing the sales process, starting from the product listing, to the final transaction.
These were just a few of the many SAP modules you can use to ease your business operations and automate your SOPs
Who Can make a career in SAP
There are no set minimum requirements for completing SAP certifications; anyone with a strong desire to work in SAP can do it. However, several qualities can assist you to learn and comprehend SAP if you already have them. These are listed below:
- Having a prior knowledge or certification in the computer science domain, or experience in data and programming-related jobs is crucial
- Having a bachelor’s degree is the minimum requirement for you to work in SAP. A post-graduation is generally preferred.
- SAP certification in your preferred SAP module is necessary
- Fundamental knowledge of business intelligence will help you smoothen the learning curve.
- Some previous work experience in the industry corresponding to your desired SAP module is necessary.
How to excel in this field
Once you are sure that you are eligible to pursue a career in SAP (after having the relevant degree or diploma), you need to go a step ahead.
You must first get proper certification in the SAP module of your focus. Although certification is generally sought after for a single SAP module, a general awareness of different modules is necessary.
It is not difficult to find work as an SAP FICO fresher, but it does require some effort. As a result, as I indicated earlier, you should take deliberate and planned moves.
The responsibilities and challenges faced in a career in SAP
Becoming an SAP consultant requires a specific skill set. And there are certain responsibilities that you will need to undertake as an SAP consultant,
- Configuration of Functional modules FI and CO in the SAP ERP system
- Implementation of Finance and Controlling (FI-CO) in the SAP ERP Database
- Resolving issues on a day to day relating to FI & CO as Support
- Integration with Material Management (MM), Production (PP), and Sales & Distribution (SD).
- End-user interaction to collect business requirements.
Let’s also take a look at potential challenges you might face in your SAP career.
Lack of SAP FICO hands-on experience:
Even if you’ve read all of the SAP FICO concepts, if you haven’t had any practical experience, it will be tough to find a job in SAP FICO, as hands-on experience is essential. So, in addition to knowing theoretical topics, pay attention to practical knowledge too.
Lacking a post-graduate qualification:
Post-graduate education is now required. For consultant employment, most organizations prefer MBAs, CAs, and CWAs. So keep this in mind before embarking on this career path.
Poor communication skills:
The position of an SAP consultant entails numerous client interactions and meetings. As a result, you’ll need solid communication skills to work efficiently with your client and accomplish quality work. If you think you’re not very good at public speaking, practice ahead.
Make sure such drawbacks do not prevent you from being a professional SAP FICO expert.
The procedure to be followed to be an SAP professional
It all starts with an entry-level job and there are three steps to go further and every step has three levels. It may take 2-3 years to go from one step to another. The whole process could easily take you 4-5 years.
- SAP FICO has a strategic career path. So, if you take it step by step, you will undoubtedly achieve great growth with SAP FICO. Getting to the top places may take a few years.
- Starting with the end-user, you can advance to superusers and support consultants. After another 2-3 years, you may be hired as a consultant, manager, or senior executive.
- A beginner in SAP FICO would join as an associate consultant in project development. After approximately two years of work, you may be eligible to become a consultant. After 2-3 years and at least 3-4 end-to-end implementations, you would be qualified to be a senior consultant.
- Following that, more senior positions such as principal consultants and solution architects are available.
Career options for SAP FICO professional
- SAP FICO End-User (Executive) – Responsible for using SAP applications in the firm.
- SAP FICO Super-User (Sr. Executive, Team-Lead) – Responsibilities include Master Data Creation, End User Training, and so on.
- Power-User (Managers) — Approval of Master Data Creation, Bank Transactions, and other tasks.
- Testing Consultant (Tester) — This position entails evaluating SAP FICO configuration.
- End-User Training, Resolving Issues on Raised Tickets, and Support Consultant.
- Consultant or Sr. Consultant — This role entails end-to-end configuration and the upload of legacy data.
To be specific, an average salary or the SAP FICO ranges between 3.5 to 5 lakh PA.
This is a field of high expertise and is never out of date even though the demand for SAP FICO professionals is increasing at a rapid speed.
Hope this information proves useful to you.
Thanks for Reading!