In today’s tech-driven world, each business operates with its own set objectives and goals, procedures, and requirements. And to achieve them, it requires innovative technologies along with a complete system that bridges the gap between business processes and individuals. An organization has several departments and teams, to operate them successfully, there should be an ERP system which supports the departments by coordinating and managing all information and communication within the organization. An ERP system is the integrated management of main business processes, often in real-time and mediated by software and technology. It provides an integrated and continuously updated view of core business processes using common databases maintained by a database management system. The global ERP software market is forecasted to grow to around $97 billion by 2023. Systems, Applications, and Products in data processing (SAP) is one of the leading global providers of ERP software. It integrates all areas of business operations, making SAP one of the best ERP systems available today. In this article, we will understand SAP— how its modules are crucial in businesses and the advantages of providing SAP training in your organization.
What is SAP?
SAP is one of the best business software solution providers towards better work and data management in organizations across industries. It was incepted in June 1972 by five IBM engineers Hopp, Wellenreuther, Hector, Tschira, and Plattner. At that time, it was centered on only A-type or big businesses. However, over the years, some small and medium size companies also adopted SAP in order to achieve organizational goals. Today, SAP is leading in the enterprise applications. With its different modules, it is being utilized in several industrial sectors.
SAP Functional and Technical Modules
Various SAP modules have been developed over the time focused on different areas. Presently around 200,000 businesses in more 150 countries are utilizing the SAP modules. The modules are as follows:
- PP- Production Planning
- MM- Material Management
- FICO – Finance and Control
- HR – Human Resources
- SD – Sales and Distribution
- CRM- Customer Relationship Management
- XI – Exchange Infrastructure
- ABAP – Advanced Business Applications Programming
- BIW – Business Information Warehousing
- Net Viewer
These are the total SAP modules. Some of these modules are extremely crucial as far as the growth of an organization is concerned. They are as follows.
SAP CRM Module: Strengthening the Company- Customer Relationships
The concept of CRM (Customer Relationship Management) is gaining big ground in the current business world. As the name suggests, the SAP CRM module helps in better management of the customer needs and help towards profitable and long term customer relationships. SAP CRM provides flexibility to organizations to create various unique solutions for better customer experiences.
Moreover, it enhances consistent and relevant communications across all branches that handle the customers. This module helps organizations in driving loyalty, customer value, and profitability across the entire value chain of an organization. It aims to help organizations achieve customer satisfaction, which is the prominent goal of every business.
SAP HR Module: Keeping Better Track of HR Services
SAP HR Module is the best solution for the HR department of any organization. Apart from recruiting, the HR department possesses lots of responsibilities. From hiring professionals to managing details of designation, payment, compensation, promotion, etc., are implemented by the HR. This module enables them to keep better track of everything. In this module, there are several -sub-modules such as organization management, personnel administration, E-recruitment, time management, payroll, ESS and MSS, and reporting. Their functions are as follows,
- Organizational Management – Manages human resources of the entire organization towards achieving a set goal.
- Personnel Administration – Manages details like compensation and performance appraisal.
- E- recruitments – Enhances the recruitment processes of an organization
- Time Management – Enables better management of work and time for employees
- Payroll – Manages the payment details
SAP BI Module: Enhancing the Data Storage Management
Formerly known as SAP BIS (SAP Business Information Warehouse), SAP BI, i.e. SAP Business Intelligence helps in various processes of an organization. It is useful for extracting data from different sources, applying rules on it and loading it to the Data Warehouse area. This module improves data storage management within an organization. It enables organizations to represent data analysis in different formats such as grids, graphs, maps, etc. It uses BEx tools to present these data and report presentations for organizations.
Furthermore, SAP training allows professionals to work out better with SAP modules. Training allows professionals to handle software presented by SAP towards better work processes and data management in organizations. Due to these numerous advantages, more organizations are moving towards adopting SAP.
SAP SD Module: Boosting Sales and Distribution
It is an ideal software for every organization that helps in managing master data, system configuration, order and cash process related transactions and more. Organizations can better manage their customer master and material master data, sales orders, deliveries, pricing, billing, credit processes using this module.
This module also has various -sub-modules such as Master Data, Sales Support, Pendulum List Indirect Sales, Shipping and transportation, Billing, Empties Management, Credit Management, Foreign Trade, and Sales Information System. Each of these sub-modules provides easy and swift management of task lists within a broader process of Sales and Distribution.
Prominent Advantages of SAP in Business
The use of these SAP Modules brings several advantages to the table. Let us go through the same.
- Productivity Increment
SAP services provide complete integration of all data on a single platform and reduce both time required and effort spent in doing so. This enables business executives to analyze how business is performing and process faster data analysis. This, in turn, improves the productivity of an organization.
- Provides Operational Support
The management reports can be provided with added ease and much faster than usual through the use of SAP support software. The modules such as SAP HR help the HR department by organizing data from every employee. Thus businesses can get the much needed operational support through SAP modules.
- Cost Reduction
If an organization successfully employs SAP,it is bound to save the budget on various fronts. As the SAP services are all round and can integrate almost every process in their various software, the needfor multiple platforms to run various data-based functions is eliminated. Along with this, the cost of operations is also reduced, thus making SAP both user-friendly and cost-effective.
- Business Intelligence
The information regarding all sectors of the business can be brought on to one platform with the help of SAP. It makes the analysis process much easier. Moreover, SAP also has automation processes integrated into their software which can easily create detailed analysis reports. Reviewing these reports can help the process of business intelligence.
To conclude, the world and businesses are confronting hyper-competition. To survive in this challenging and changing business scenario, organizations have been using various methods and over the years SAP has proven to be the best one and will be utilized in the future also.