In this age of rapidly evolving technology, information flows into
the systems from all corners, sometimes in a way popularly known as “Organized
Chaos”. That’s where an ERP (Enterprise Resource Planning) system comes in, to
streamline this flow of information. But therein lies another dilemma. Which
ERP system should an organization choose? More often than not, the reply would
be “SAP ERP”.
So, what makes SAP ERP better than the other ERP systems in the market?
Here are some advantages that a SAP ERP system enjoys over other ERP systems:
1. SAP ERP consists of a vast array of modules, and a huge
spectrum of functionalities which are NOT present in other ERP applications.
For instance, Fleet Management, and Investment Management.
2. Specific Technical functionalities and modulesare in fact
included within the core competencies of SAP.Most other ERP applications can’t
boast of similar competencies, or at the least, can’t say that the technical
modules are contained within the ERP solutions. This makes SAP ERP systems an
obvious choice for some specific industries. Ex: Variant configuration and
Automobile industry.
3.SAP understands the requirements of and demands for special
processes for each industry and thus has come up with industry specific solutions
(Columned under SAP IS, viz. SAP IS Aerospace & Defense, SAP IS Automotive,
SAP IS Banking etc.). This is unheard of from other ERP applications.
4. SAP mirrors the trends of the world and regularly releases
enhancement packages for each of its modules, thereby overcoming the redundancies
or (if at all) any bugs in the previous packages. The regularity of these
upgrades makes SAP ERP systems foolproof and gives it a greater edge over its
competitors.
5. Financial benefits of SAP ERP systems are innumerable. Major
ones include:
·
Reduction in
sales order processing costs
·
Reduced time
to calculate selling price
·
Increased
Cash Flow (one-time event)
·
Reducing the
number of days sales outstanding (DSO) by freeing-up capital (I.e., reduced
working capital; free cash flow)
·
Increased
revenues due to less stock outages (reduction in lost sales)
·
Reduction in
distribution costs.
·
Reduction in
freight costs
6. Owing to advantageous points that SAP ERP systems enjoy over
other ERP applications, career prospects rise exponentially if one gains
knowledge and expertise of SAP systems.
In light of all the aforementioned advantages,
it becomes all the more beneficial if one does gain a substantial amount of
knowledge with respect to SAP ERP applications.
Koenig Solutions, the leading IT Training Company in the world, offers the
latest, the most pertinent and certified SAP ERP courses requisite to succeed
in today’s world. Learn more about the courses that Koenig offers here: www.koenig-solutions.com
No comments:
Post a Comment