Evolving from huge successful R/3 architecture to S/4, SAP all in
one business suite that runs on HANA is the new age thing. Capitalizing on
Finance Management and critical Accounting needs, SAP S/4 HANA Simple Finance
promises to revolutionize the way enterprises have perceived and analyzed their
accounts. Pitching it as the ERP Finance for the digital era, S/4 could be a
great bet for forecasting financial turnarounds.
Some key advantages that the system garners include:
- Real time revenue and costing analysis
- Accurate comparison of dimensions, simulations and predictions
- Margin improvisation and optimal cash flow
- Forecasting liquidity and other significant functions
How to establish career in
simple finance?
It has never been a cakewalk to develop a career in SAP. S/4 being a
new technology is very demanding in terms of basic skill sets blended with
staunch accounting and finance penchant.
If you are planning to give it a shot, do a quick run through over
the helpful prerequisites:
- Excellent working knowledge of RDBMS concepts
- Finance & Accounting knowledge – basic level
- Deep programming expertise in Open SQL
- Knowledge of SAP HANA is a big plus
- Basic understanding of cloud
Experienced SAP Consultants can benefit from the working expertise
they have acquired over the years. However, the ones with Finance background
will definitely have an edge over others. Professionals from following
background could benefit:
- SAP FICO
- SAP BW, Business Object with Finance specialization
- Senior Chartered Accountants
- Post graduates in Finance including MBAs
What should be the significant inclusions in
the course?
S/4 Simple Finance is an extensive subject and aims at nourishing
the candidate skill set across on premise and cloud platforms. This makes it
imperative for all candidates to be prepared for the end user expectations
across devices.
Besides introduction to SAP HANA and Simple Finance, the syllabus
should deeply cover the following areas:
SAP Simple Finance On Premise – Configurations and Migration
SAP Accounting including General Ledger Accounting, Asset and
Management Accounting
Cash Flow Management – Probably the most critical part. Includes
technical understanding and setup of Bank Account Management and Cash
Operations.
Selecting the Right Place for Training
As discussed, S/4 Simple Finance is a new technology and immature
institutions will not be able to complement critical designing and problem
solving. Thus, only an institute with staunch SAP background can commence the
task successfully.
SAP
Trainings Online designed SAP simple finance training program based on present
day industry requirements which makes the learners future ready and strengthens
you to go challenging with industrial demands. This online program is not only
job oriented but also for professionals who wanted to update their
technological skills and to excel in their careers. We offer online education
not only limited to region or an area, we offer trainings globally.
Register
with us for free demo: www.saptrainingsonline.com/student-registration
For
more details visit: www.saptrainingsonline.com
Email:Contact@saptrainingsonline.com
Contact: INDIA +91 9052775398 USA +13152825809
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