2020-09-28 15:29:15

article1Mohamed Shafi

Why SAP FICO Certification is important for a Career in Financial Management

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Explore the solutions for accounting requirements and enhance your skills on the new trends in the financial world. SAP FICO Training brings positive changes to your business operations. SAP is the largest software application provider for businesses all over the world.

SAP (Systems Applications and Products in Data Processing) is widely used in Enterprise Resource Planning (ERP), and its implementation. SAP has been playing an important role in developing Management across the business and IT domains. The SAP certification is an asset for all functional managers and IT professionals. SAP certified professionals are in demand than other candidates. SAP certified professionals earn more than anyone else in the IT sector. 

What is SAP FICO?

SAP FICO (Financial Accounting & Controlling) is a module used for financial reporting. The objective of using this software is to record all financial transactions by an entity. SAP FICO module is very robust and covers all important business processes in an organization. It is the most important and widely implemented module in SAP. 

If you are a BBA or B.com graduate or if you are interested in setting your career in the growing financial field, an SAP FICO Certification serves as an asset for you. Here in this blog, you will read the benefits of being SAP certified. 

Some components of SAP FICO are: 

  • SAP FI General Ledger accounting
  • Asset Accounting
  • Funds Management
  • Accounts Receivables and Accounts Payable
  • Special Purpose Ledger and Consolidation
  • Travel Management
  • Bank Accounting
  • Cost Element Accounting
  • Profit Center Accounting
  • Cost Center Accounting
  • Profitability Analysis
  • Product Cost Controlling

Why is SAP FICO Certification important? 

With the help of SAP FICO, you can undoubtedly advance Financial management in an organization. SAP FICO is evolving as one of the prominent modules and so, there is an increase in the career opportunities for aspirants. Here are the benefits of SAP FICO Certification.

Growing Importance of SAP 

SAP FICO helps in systematically organizing the financial management systems in an organization. The usage of this software extends to almost every aspect of business operation. SAP enables easy and efficient accounting processes.

It makes managing business flow easier. If you aspire to become a Professional excelling in the field of accounting and finance, SAP FICO Certification and training can help you. Your organization can accurately keep track of costs with SAP. 

Choose a career in demand

SAP Certification will fetch you a decent job in the SAP arena. Global companies and MNCs hire certified SAP professionals. Strong communication skills and financial knowledge is the foundation for an SAP consultant. There are few SAP experts today, a reason why the demand for trained SAP professionals in the market is high. SAP’s implementation is generally carried out in large-scale enterprises and so, you can earn a lucrative salary. Knowledge about the SAP FICO module is an asset to your expertise as it is the major part of SAP.

Reputation

SAP Certified Consultants are always reputed. If you are interested in setting your career in the growing financial field, get the experience in the SAP field and this will add more value to your resume.  SAP serves Logos and ID cards to the individuals who own the SAP Certification. These logos help you achieve recognition from the recruiters.

Most Demanding Module at Present

The SAP FICO module has several components that serve different financial purposes. General Ledger Accounting, Accounts Payable, Accounts Receivables, Asset Accounting, Fund Management, Bank Accounting, Travel Management are all part of SAP FICO. So it is important to learn SAP FICO, which is known as the heart of SAP.

SAP FICO is user-friendly, extremely flexible and favorite of businesses worldwide. SAP FICO stands out in its ability to merge with other SAP modules. With SAP FICO, Accounts Payable, Bank Configuration, Accounts Receivables Configuration, Asset Configuration, Cost Center Configuration, and other functionalities are easier. 

The demand for FICO professionals is very high globally. There has been an emerging trend in the usage of SAP and SAP FICO work. Today, SAP is widely used in various enterprises, improving business processes by simplifying process flows. The continuous evolution of SAP products has become an essential part of growing businesses. Get certified today and stay competitive in the changing IT market.

article1Mohamed Shafi

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He is a Financial Accounting trainer with over 7 years of teaching experience in Financial accounting fundamentals and software. Apart from training experience, he has industry experience of two years as a senior accountant at GCC countries. He is well versed in Tally, Sage 50, Zoho Books and SAP FICO.

He follows easy to learn methodologies which work wonders on his training. He loves to travel a lot and has a craze in driving too. His passion for teaching and training engages him to attend conferences and in exploring new areas of learning.

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