How does SAP Finance and Controlling (FICO) helps the users for better financial operations?

As per Forrester, a leading research company, The Forrester Wave™: Customer Analytics Solutions, Q1 2016 analysis has mentioned SAP is a strong performer and an important contributor towards customer analytics. Now SAP FICO is known as SAP ERP Financials, which is an important product of SAP Financial Management. The software provides end to end Financial Management solutions to a broad range of organizations. Aspirants who want to know more about SAP FICO, and build a rewarding career in Financial management can register for an online SAP FICO Training.

Figure 1 – The Forrester Wave™: Customer Analytics Solutions, Q1 2016

As per the companies’ specific business needs, SAP FICO provides modular applications in order to carry out SAP solutions. Accounting is very important for any company whose monetary value is really more and critical. SAP FICO is the primary enterprise software for sectors such as core computing, accounting, financial reporting, productivity, shared services, treasury, corporate governance and performance management etc.

Finance of the company does not pertain only to the current stand of the company but it should always be futuristic. If the company’s finance is strong, the company can withstand all the other crisis in the current market.  With SAP FICO Financial Management solution, one can transform finance as a strategic business partner rather than being only an administrative module.

Hence, with SAP FICO, organizations can do the following things easily:

• Carry out accounting and financial reporting as per the company requirement
• Effectively handle receivables and payables
• Better solutions to handle financial risks in a timely manner
• Calculate internal costs and other costs that affect the business’s turnover
• Effectively execute corporate transactions

The aspirants who are interested to learn about the SAP ERP Financials can enroll themselves for the online SAP FICO Training program in Noida. Certified trainers will take you through the course for better understanding. You can also gauge your understanding level by taking the Assessments and Mock test available online. The aspirants can also opt for the other learning solutions such as corporate training, Boot camp training, classroom training etc.