The business world is always dynamic that tries to adjust itself to changes in technology, customer preferences, and various other software. Organizations, be it small, medium, or large, must function efficiently and effectively to flourish in the market. But, how do companies actually ensure this efficiency?  

 SAP is a trending name that we often get to hear in the software market.  But what exactly is SAP? Why are they used? Why do companies prefer SAP-Qualified employees? How to be ‘SAP Qualified’? What are the job opportunities?  

Well, this is the right article for you. 

The Flashback!

SAP is actually a German brand that is short for Systems Applications and Products in data processing. SAP was founded in 1972 in Germany. SAP creates solutions that help other companies run effectively. SAP has more than 1 lakh employees across 160 countries globally with about 22000 business partners. To various industries like: 

• Agribusiness 
• Aerospace
• Defense and security 
• Healthcare 
• Consumer products 
• Wholesale distributions 
• Chemicals and so on 

SAP provides solutions like Enterprise Resource Planning, Supply Chain Management, Financial Management, Customer Relationship Management, Business Network, Sustainability Management, Human Capital Management, etc. SAP software are considered to be user-friendly, liable, accurate, instant, and affordable.  

Of all these solutions, SAP Enterprise Resource Planning, or SAP ERP in short is the most popular software that companies are demanding.  

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SAP ERP 

An organization has different departments. As the size of the organization grows, its scalability increases, internal and external communication becomes more complex, data storage increases, etc. In such cases, organizations might find it difficult to manage their day-to-day operations. SAP ERP is the most popular product of SAP Company that helps businesses operate effectively and efficiently and make communication easier. ERP modules are used for HR, Finance, Sales, etc 

When organizations work under decentralized systems, they face numerous problems. This is because different departments cannot access the information about each other. For example, let us assume that there is a textile manufacturing company that is decentralized in nature. If a client gives an order of 1000 pieces of cotton shirts, the sales team or the CRM team has to approach the inventory department to check the availability of the stock. In case it is out of stock, they should contact the finance team to know the cost of production or the availability of funds. Such communication and data integration is time-consuming and can also lead to miscommunication. As a result, their client might express his dissatisfaction. To avoid these issues, SAP ERP was introduced as the solution. SAP ERP is a centralized system where information is maintained in a particular or central location which helps departments get the necessary information from other departments too. This way, organizational operations can run smoothly and information can be auto-updated. This can also reduce data maintenance costs or labor costs and boost profits. 

 SAP ERP Modules: 

1. FICO (Finance & Controlling)
2. HR (Human Resources)
3.  PP (Production Planning)
4. MM (Material Management)
5. SD (Sales & Distribution)
6. PM (Plant Maintenance)
7. PS (Project System)
8. QM (Quality Management)
9. BIW (Business Information Warehousing) 

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SAP ECC VS SAP s4 HANA 

Earlier, SAP ECC which means SAP ERP Central Component was the name of the SAP ERP software bundle. SAP ECC was highly customizable and used third-party databases like Oracle. Though it was flexible, it was complicated, a change in area in a business would automatically affect the functioning of other areas in the business.  

Hence, this problem was avoided with the introduction of SAP s4 Hana, which is the latest form of SAP ERP software. SAP s4 HANA can quickly analyze huge loads of data and runs only on the HANA database which automatically improves business efficiency. Users of SAP s4 HANA also enjoy better cyber security.  

Advantages of Switching to SAP S/4HANA  

Improved efficiency was cited as the top benefit of SAP S/4HANA in 2021 by 72% of enterprises, followed by higher satisfaction (61%). Moving to SAP S/4HANA has additional advantages, including; improved compatibility with other SAP products, Lower expenses, such as lower ownership and operating expenses, and reduced database footprint as a result of 

streamlined data models, automated procedures, increase output and effectiveness, quicker and wiser decision-making increased earnings overall.

Who teaches them?!

Now that we have understood what SAP actually is, let us find out some top SAP coaching centers across India;

A well-qualified individual in SAP can earn the skills like downstream configuration and implementation, improve in JAVA, create an AIOPS platform (it is a platform that can combine big data and machine learning for business operations), create SAC models and dashboards, etc.

Who hires YOU and for WHAT ROLES?

SAP-qualified individuals face absolutely no shortage of job opportunities. Every industry adopts SAP and the demand for it is always rising. Though organizations are flexible and hire open multiple SAP-related positions, here are some industry-specific job roles that you can expect in different industries:

• Banking and Finance: This sector manages amounts worth billions, carries out financial accounting, and easily processes payments. Hence, some related job roles can be SAP FICO Finance Application Application Lead, SAP FICO Finance Technology Consulting Practitioner, or SAP FICO Finance Application Developer. Note: FICO stands for Finance and

• Manufacturing Sector: This sector has to keep track of the number of units manufactured on a daily basis, check the number of units stored in the warehouse, check customer requirements, etc. SAP job roles helpful in this sector are SAP MM Consultant, SAP MM WM Consultant, and SAP MM Financial Consultant. Note: MM stands for Material Management and WM stands for Warehouse Management.

• Media and entertainment Sector: Media companies are now able to digitize and develop their business models thanks to SAP S/4 HANA in partnership with SAP Cloud Platform. It provides customer analytics and fresh cloud-based applications for content creation and delivery worldwide. Since the media and entertainment sector involves in the promotion and advertisement of various things, it is important for them to capture their viewers. The most important role can be SAP CRM Consultant.

Note: CRM stands for Customer Relationship Management.    

• Education Sector: Education institutions have to maintain records of admission fees, recruitment, manage attendance, alumni information, etc. For this, ERP solutions are adopted to make work easier. The SAP-related job role preferred is SAP HR Consultant.

Note: HR stands for Human Resources.

The above data can give us an insight into some industry-specific job roles which some sectors prefer. However, since all industries have accepted SAP ERP modules, job roles can be flexible.

Here are some general job roles an SAP-qualified individual can expect:

• ABAP Developer
• FICO Consultant
• SD Consultant
• ABAP HR Consultant
• HCM Payroll Consultant
• SuccessFactors Consultant
• PP/QM Consultant
• PM Consultant
• PS Consultant
• APO Consultant
• IBP Consultant
• CRM Consultant
• C4C Consultant
• Callidus Commissions
• Qualtrics Consultant
• CPQ Consultant
• CRM TPM Consultant
• BRIM Consultant
• TM Consultant
• EWM Consultant
• IS Retail Consultant
• AFS Consultant
• CAR Consultant
• MDG Consultant
• UI5/FIORI/Leonardo/Cloud Platform Consultant
• BTP Consultant
• Cloud Platform Integration Consultant
• ARIBA Consultant
• Security/GRC Consultant
• IS-Utilities Consultant
• BASIS Consultant
• SOLMAN Consultant
• BODS Consultant
• BW/BW on HANA/BW4HANA/BW-IP/SAC Consultant
• BPC Consultant
• NATIVE HANA Developer

PayScale

SAP is one of the booming career opportunities all over the globe. Pay in this field can vary because of a number of factors. However, the average income that an SAP Consultant can earn is:

Level 1:  4-8 LPA

Level 2:  10-15 LPA

Level 3:  15-25 LPA

Level 4:  >25 LPA

Future Forecast of SAP

Currently, SAP is dominating the ERP market. Over the last 10 years, customers for SAP have increased to more than 425000 from 95000. SAP has made a positive impact on almost every sector of the global economy by providing unique industry-specific solutions.

SAP is heavily working on making ERP more user-friendly to its users and also integrating with Artificial Intelligence, Blockchain, and Advance Analytics.  By 2030, SAP has been promoting the usage of SAP s4 HANA to make it more cloud-centric.

Observing its emergence, its ERP competitors are also coming up with their best alternatives. Here are some alternatives to SAP ERP,

• Infor M3
• SYSPRO
• NetSuite
• Acumatica
• Microsoft Dynamics 365 Business Central
• Microsoft Dynamics 365 Supply Chain Management
• Oracle JD Edwards EnterpriseOne
• Sage Business Cloud X3
• Orion ERP

                                                                                                                    Conclusion

SAP is the leading and dominating software solution for Enterprise Resource Planning. It is the new normal in not just the IT Software industry, but also a necessity for all other industries. No doubt there is a huge scope for SAP in the globe and there is a pressing need for education systems across the world to consider its importance and introduce SAP courses to interested candidates.

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                                                                                                                   References

• https://www.techtarget.com/searchsap/definition/SAP#:~:text=What%20is%20SAP%20enterprise%20resource,stored%20in%20a%20central%20database
• https://www.youtube.com/watch?v=JjrcxsniXvc
• https://www.sap.com/india/about/company.html
• https://www.guru99.com/what-is-sap-definition-of-sap-erp-software.html
• https://www.stechies.com/u-mean-sap/
• https://blog.sap-press.com/key-differences-between-sap-ecc-and-sap-s4hana-a-detailed-comparison
• https://www.g2.com/products/sap-erp/competitors/alternatives