Fico Demo1

8/6/2019 Fico Demo1

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Table of Contents

1 About me 2

2 What is SAP R/3................................................................................................................22.1 7 m's of management .....................................................................................................32.2 History of SAP..................................................................................................................32.3 Why is SAP leading ERP product ...................................................................................4

3 Other ERP products..........................................................................................................5

4 SAP Modules.....................................................................................................................64.1 SAP has the best integration...........................................................................................64.1.1 SAP has the best integration among all ERP products.................................................64.1.2 Difference between Finance and Controlling.................................................................74.1.3 Sub modules in FICO.....................................................................................................74.1.4 Syllabus .........................................................................................................................8

5 Market share of various ERP vendors .........................................................................10

6 FAQ on SAP.....................................................................................................................10

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1 About me

1. Commerce Graduate from Nagarjuna University (1994)

2. Qualified cost Accountant (1999)

Worked as Sr Executive finance with Pentamedia Graphics Limited- Chennai for 4 years

Worked as Manager Finance with BASE Power pvt ltd Chennai

3. Certified FICO Consultant from SIEMENS Chennai (July 2004)

Worked for Satyam- Chennai from Oct 2004 to Feb 2007

Working with as TL for an MNC since Mar 2007

4. Worked as FICO faculty with reliance since 2005. After that was at on site for 1

year.

I am back to reliance as FICO faculty since 2008.

2 What is SAP R/3

SAP >>Systems Applications and Products in data processing

SAP is a software package containing set of modules with integrationfacility to provide managerial, operational and strategic information inan organization to enhance the efficiency, quality productivity andultimately profitability.

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Source: http://www.geocities.com/SiliconValley/Campus/6345/ovr005.html

2.1 7 m's of management

Answer

1. Men

2. Money

3. Market

4. Machine

5. Methods

6. Materials

7.(a)minutes

7.(b) measurements

2.2 History of SAP

The 1970s: A Real-Time Vision

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http://www.geocities.com/SiliconValley/Campus/6345/ovr005.html

http://www.geocities.com/SiliconValley/Campus/6345/ovr005.html

8/6/2019 Fico Demo1


In 1972, five former IBM employees – Dietmar Hopp, Hans-Werner Hector, Hasso Plattner,Klaus Tschira, and Claus Wellenreuther – launch a company called Systems Applications andProducts in Data Processing in Mannheim, Germany. Their vision: to develop standardapplication software for real-time business processing.

By 1996, the company has earned 1,089 new SAP R/3 customers. At the end of the year, SAP R/3 has been installed in more

than 9,000 systems worldwide.

The 2000s: Innovation for the New Millennium

With the Internet, the user becomes the focus of software applications. SAP develops SAP Workplace and paves the way for

the idea of an enterprise portal and role-specific access to information.

Currently, more than 12 million users work each day with SAP solutions. There are now 121,000 installations worldwide, more

than 1,500 SAP partners, over 25 industry-specific business solutions, and more than 75,000 customers in 120 countries. SAP

is the world's third-largest independent software vendor.

Multi-tier Architecture- 3 Tier Architecture

The distribution of the R/3 software over the three layers means that the system load is alsodistributed. This leads to better system performance. Since the database system contains all of thedata for the entire R/3 system, it is subject to a very heavy load when the system is running. It is agood idea not to run the application programs on the same host. The architecture of the R/3 system(with Application layer and Database layer separate) allows you to install them on separate hosts andlet them communicate using the network.

It also makes sense to separate program execution from the tasks of processing user input andformatting data output. This is made possible by separating the presentation layer and theApplication layer. SAP GUI and the application servers are designed so that a minimum amount of data is transported between the two layers. This means the Presentation Layer components can even

be used on hosts that have slow connections to application servers.

The system is highly scalable – the software component of an R/3 system can be distributed inalmost any configuration across various hosts. This is particularly valuable in the Application layer where you can easily adopt your R/3 system to meet the increasing demand by installing further application servers.

2.3 Why is SAP leading ERP product

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http://aspalliance.com/1128_SAP_R3_System_Architecture.5

http://aspalliance.com/1128_SAP_R3_System_Architecture.5

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SAP can handle multiple currencies

SAP language compatibility

It support any country’s statutory requirement change

It is highly customizable

It has the best integration

3 Other ERP products

Oracle Financials – The best for Finance module

Peoples soft – The best for HR module

BAAN – The best for manufacturing industries

JD Edwards – Very good for mfg companies

Ramco marshals – Indian ERP good for mfg companies

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4 SAP Modules

4.1 SAP has the best integration

4.1.1 SAP has the best integration among all ERP products

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When it comes to integration among various modules, SAP R/3 is like a lake.

4.1.2 Difference between Finance and Controlling

4.1.3 Sub modules in FICO

FI AP

FI AR

FI GL

FI AA

CCA

PCA

IO

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4.1.4 Syllabus

Part 1 of 2

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Part 2 of 2

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5 Market share of various ERP vendors

http://www.sap.com/solutions/business-suite/erp/pdf/AMR_ERP_Market_Sizing_2006-2011.pdf

6 FAQ on SAP

1. I am an MBA/M.com/ICWAI/CA with 2/3 years of domain experience. Should I learnSAP FICO?

2. How long does it take to learn SAP?

3. Should I be highly knowledgeable person to learn and become FICO consultant?

4. Market recession?? Everybody’s concern?? Is this the right time to learn SAP FICO?

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Answer to Q1 : I am an MBA/M.com/ICWAI/CA with 2/3 years of domain experience.Should I learn SAP FICO?

For various reasons you are not learning FICO now let me ask you these questions?

Where do you want to be after 3/4 years? What salary do you get now? How much youwant after 3 or 4 years?

Do you not want to travel abroad? Do you not want to compete with your friends/colleagues?

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Answer to Q2 : How long does it take to learn SAP? Approximately 6 months.

Answer to Q 3 : Should I be highly knowledgeable person to learn and become FICOconsultant?

If you highly knowledgeable person or you are from IIT’s/IIM’s SAP may not be a right

choice for you.

If you are an average person with reasonable communication skills and want to work 5days a week and want to travel abroad..

+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Answer to Q 4 : Market recession?? Every body’s concern?? Is this the right time to learnSAP FICO?

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Answer to Q5: Lot of consultants are losing jobs. Will I get a job in this kind of a

scenario?

MARKET IS JUST PICKING UP. FOLLOWING ARE A FEW INSTANCES

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Times of India

The Economic times

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Fico Demo1

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