Why SAP Is The Leading ERP System
There are many reasons why an institution would want to purchase and implement the SAP ERP software to run the day-to-day financial operations of the business. SAP is the world’s largest business software company with the most popular financial software used all over the world.
One reason is SAP is very popular as it is implemented in over 100,000 organisations worldwide giving the product a high level of credibility. Many of the top fortune 500 companies have implemented this system and it is well respected in many industries worldwide. This huge market share can only indicate that SAP not only meets the initial business requirements of these businesses but has continued to meet changing business requirements into the future.
This system has been developed for medium to large sized businesses. However, it is ideal for a smaller company looking to expand operations in the near future. SAP is a modular system where an organisation can add on extra functionality as required simply by purchasing more modules. For example, many companies start with the FICO module, which is the core financial and controlling module, and later add modules such as human resource management (HR), materials management (MM), sales and distribution (SD), project system (PS), business intelligence (BI) etc.
The SAP system has been in existence for decades and has been continuously developed into leading system. The system has always had a strong upgrade path meaning that once a business purchases and implements SAP the product is able to be upgraded to the latest versions as they are released to the market. This saves business the cost and pain of having to change systems when their businesses grow larger either by acquisition, merger or increasing market share.
Another key reason is, as SAP is so popular and wide spread, there is an enormous potential pool of trained SAP employees available for hire. This can make the initial implementation a smooth and painless process as there are plenty of SAP consultants who have experienced many implementations of the product in many industries. However, as SAP consultants are in high demand, businesses will have to pay more for a typical implementation and to attract consultants with the right knowledge and experience.
Also there are many trained financial services staff such as, accountants, clerks, inventory controllers, sales support staff etc. that have experience with SAP. In fact, many staff will prefer to work in a businessthat uses SAP as the experience can further improve their career prospects. Employees with SAP knowledge and experience will be able to command a higher salary in the job market. As SAP is a popular system, businesses will have to pay their staff a higher salary to attract and retain them.
People desiring to become a SAP consultant or employee often find it difficult to “break into” the market and find employment. Traditional classroom style SAP Training Manuals are very expensive. A better option is to teach yourself at home.
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