With communication, trades and businesses happening within a blink of an eye due to the internet, it sometimes becomes difficult for an organization to keep a track of data flowing in and out. In many cases, decentralized system in form of business sub-units/departments is set up to deal with humongous exchanges of the data. However, sometime, decentralized system fails to serve the purpose due to the absence of some piece of information to any sub-unit. In order to overcome the flip sides of decentralized system, centralized system in form of SAP was developed. SAP stands for Systems, Applications and Products in Data Processing and one of its kinds ERP (Enterprise Resource Planning). SAP allows access to real-time data by which any department can get an idea about actual information available at that point in time. SAP is also commonly used in various organizations across the globe as it offers a smooth data management, and increases productivity and profitability.
SAP ERP 6 .0 is the latest version which allows data access, exchange and retrieval of data among different departments in a company at a click of a button . SAP ERP is also referred as SAP Business Suite or SAP Business All-In-One software.
Some of the known different solutions/modules of SAP ERP are as follows:
SAP ERP Financials: Allows accessing and retrieving financial data any time; and automating various financial processes and generating accurate financial data.
Various sub-modules included in SAP ERP Financials are:
• Accounts Receivable
• Regulatory Compliance
• Accounts Payable
• Accounting and Financial Reporting
• Cash Flow Monitoring
• Risk Management
• Travel Management
SAP ERP Human Capital Management: This ERP solution allows managing resources efficiently. It can be useful for maintaining, creating, and analyzing recruiting and attrition. This would help to enhance workforce productivity and effectiveness.
Various sub-modules included in SAP ERP Human Capital Management are:
• End-user Maintenance
• Recruitment and Training
• HR Process Management Software
• Talent Management
• HR Reporting
• Labor Force Analysis
• HR and Payroll
• Job Placement
SAP ERP Operations: This ERP solution helps to keep a track of various phases of a project or business such as strategizing, designing or planning, acquiring materials, production, sales and marketing, and delivery.
Various modules included in SAP ERP Operations are:
• Procurement and Logistics
• Product Development and Manufacturing
• Sales and Service
• Operations Analytics
Thus, there are a variety of SAP ERP solutions such as SAP Business Solutions and SAP Cloud Solutions - for different purposes an organization can choose from. For the same, organizations are always on the lookout for professionals with in-depth knowledge of SAP ERP modules. Since it is difficult to learn any SAP ERP module by oneself, a professional can get enrolled for SAP training in Noida to understand just the basics of a SAP ERP program. However it would be a better option if a professional opts for SAP training from a reputed organization which invites certified trainers who give real-time implementation knowledge to these students during SAP training program. This would allow a professional to master SAP ERP and attempt SAP certification exam which would open a new window of opportunity for him/her.