Is SAP useful for finance?

SAP FI stands for Financial Accounting and it is one of important modules of SAP ERP. It is used to store the financial data of an organization. SAP FI helps to analyze the financial conditions of a company in the market.

What is the difference between Oracle and SAP?

The difference between SAP and Oracle is that SAP allows you to integrate several business activities while Oracle is a software that is used by large enterprises to manage various database systems and gives effective solutions.

Is SAP good after MBA?

MBA with SAP makes for a very industry-oriented and employable combination. Over the years persons with an MBA degree holding a SAP certification have known to attract lucrative opportunities. These persons are some of the highest paid personals in the industry and all because of this MBA-SAP combination.

Is SAP more expensive to implement than Oracle?

SAP is generally implemented at bigger companies than Oracle. SAP personnel costs are higher and consulting rates are higher than Oracle. SAP is expensive to customize. SAP is like the Ferrari of the ERP world, loved by the very high end of the market but expensive to buy, customize and maintain.

Oracle simply has a more comprehensive financial suite, with better budgeting, pricing and core accounting tools. All other features were rated equally by our analyst team (except for HR, which SAP did win the advantage for).

What is the scope of sap Fico?

The scope of SAP FICO is huge. A big number of industries are working on the ECC model and uses FICO for the functional part of their business process. As a result, lots of FICO consultants and end-users work on the implementation and support jobs.

Why SAP Fico consultants are in high demand?

It is obvious that when an organization has SAP ERP implemented, they need FICO consultants too to handle their financial and controlling part. Obviously, this creates a demand for aspirants like you who want to build a career in SAP FICO. Certainly, a lot of job requirements are being posted by employers on job sites daily.

What is it like to work in the sap Fico hierarchy positions?

The hierarchy positions in SAP FICO are really growth-oriented. It offers you a growth structure that goes a long way to your career. Not just this, it is flexible too. You are free to shift from ECC to Other platforms in SAP (like HANA), whenever you wish to, as they are inter-related with common concepts.