Course Instructor:
Mr. Molla Ehsanul Majid
Lecturer
School of Business
North South University
MIS 205.10
PRESENTED BY
Javed
Imran Turjya
Jonaid Yousuf Siam
Rizwan Mahmud Tonmoy
Sadia Afrin Prova
Nazula Zaman
CONTENTS
General
SAP
Information about SAP
Financial Module (FiCo)
Analysis
Current
of other Finance software brands
issues of Financial software
Recommendation
ABOUT SAP
Enterprise Software
Systems
Vendor : SAP AG [Germany]
Applications
Founded in 1972 by five IBM employees
Products
More than 232,000 customers
More than 65,667 employees
#1 in enterprise applications and #3 in independent software
manufacturer
Major Applications: ERP, CRM, SCM, PLM & SRM
Best known product, R/3
(SAP AG, 2013)
MAJOR CLIENTS OF SAP
(SAP AG, 2013)
SUCCESS FACTORS OF SAP
Undisputed Market Leadership
Primary Focus on Enterprise Applications
Relentless Focus on Customer Value
Deep Industry Capabilities
Commitment to Quality
Focus on Customer Satisfaction
Superior Technology Architecture
Clear Long Term Vision
Strong Partner Ecosystem
(Bouhdary & Goyal, 2006)
Safe Choice in an Uncertain Landscape
S
A
P
HR
PS
CO
FI
PM
M
O
D
U
L
E
S
MM
PP
QM
LE
BW
SD
TR
EC
(Anon., 2010)
FINANCIAL ACCOUNTING (FI)
MODULE
Designed
to capture organizations business
transactions for external reporting
Support and automate most financial postings
and reporting
Main Organizational Elements
Company Code
Credit Control Area
Chart of Accounts
Klee Associates, 2013
CONTROLLING (CO)
MODULE
Provide organizations with a method of slicing and dicing data to
view costs from an internal management perspective
Provide a view of profitability beyond that of basic financial
reporting
Track costs related to specific projects or events
Perform "Activity Based Costing
Report profitability by product line, division, or other internal
measurement
Perform Product Costing, measuring production cost and
variances
Klee Associates, 2013
(Anon., n.d.)
SAP FICO MAKES A
DIFFERENCE WITH ITS COMPETITORS
Real
time reporting
Multiple languages
Multiple currencies
Multiple countries
Flexibility
Deep insight capabilities
Single solution from the software industry
leader
Goeke & Faley, 2009
OTHER
FINANCIAL SOFTWARE BRANDS
Oracle E-business Suite
QuickBooks
VMware cloud solutions
Microsoft Dynamics GP
Sage 300 ERP
Infor FMS
Epicor Financial Management Software
Compass ERP
D Edwards Enterprise One Financial Management
GROWTH RATE & MARKET SHARE
SAP FiCo Market Share
23%
Name Of ERP Growth rate (%)
SAP
Oracle
Microsoft
17%
5.22%
(8.74%)
Infor
35%
Epicor
17%
(Oracle Corporation, 2011)
(SAP AG, 2011)
32%
14%
30%
SAP
Oracle
Microsoft
Others
FUNCTIONAL & TECHNICAL COMPARISONS OF
MAJOR FINANCIAL SOFTWARE BRANDS
Criteria
Product
SAP Business
One
Microsoft
Dynamics GP
Oracle
E-Business Suite
Epicor ERP
Sage 300 ERP
Version
5.22%
2010
9.05
2012
User Range
25-1000
25-500
25-1000+
1-1000+
2-450
Price Range
$25K -$250K
$10K-100K
$12K-$350K
$4K -500K
$150/User$2,500/User
MS SQL Server,
Progress, IBM
DB2, Other,
Oracle,
Proprietary
MS SQL Server,
IBM DB2, Other,
Oracle,
Proprietary,
Cloud-Based
(Saas)
MS SQL Server,
IBM DB2, Other,
Oracle, Proprietary,
Cloud-Based (Saas)
MS SQL
Server,
Progress,
Cloud-Based
(Saas)
MS SQL Server,
Oracle, Pervasive
Database
Platform
(The [Link], 2013)
FUNCTIONAL & TECHNICAL COMPARISONS OF
MAJOR FINANCIAL SOFTWARE BRANDS (CONT.)
Criteria
Architecture
SOA
SOA, .NET
SOA
SOA
Multi-tier
Multi Site &
Multinational
Yes
Yes
Yes
Yes
Yes
General
Ledger
Accounts
Payable
Asset Tracking
General Ledger
A/P
A/R
MultiCurrancy
/Company
Financial Mgt.
Overview
Cash / Asset
Mgt.
Global Engines
A/P
A/R
Fixed Asset
Mgt
General Ledger
Intercompany
Transactions
Multi-currency
Project & Job
Costing
Financial
Management
Financial
Reporting
Accounting
Overview
Banking &
Reconciliation
Cost Accounting
(The [Link], 2013)
Business
Intelligence
Financial
Management
Multicurrency
Online Reports
CHALLENGES FACED BY
FINANCIAL SOFTWARE BRANDS
Higher rate of failure
Internal organization issues
Ability to access all relevant organization
Inadequate internal readiness and training
Lack of integration
(Shin, 2006)
( Gargeya, 2005)
CHALLENGES FACED BY
FINANCIAL SOFTWARE BRANDS (CONT.)
Complexity of the system
Inflexible reporting
High implementation costs
Inappropriate planning and budgeting by the user
(Shin, 2006)
( Gargeya, 2005)
RECOMMENDATION FOR SMALL AND MID
RANGE ORGANIZATION
Flexibility
Flexibility &
& ability
ability to
to change
change direction
direction
and
adapt
quickly
to
external
pressures
and adapt quickly to external pressures
ite
u
sS
s
e
in
ne
s
u
O
B & ss
e
e
l
c
n
i
a
s
Or
Bu
P
SA
Ability
Ability to
to afford
afford high
high installation
installation and
and
maintenance
maintenance costs
costs
Sap:
Sap: Manufacturing
Manufacturing Companies
Companies
Oracle:
Service
Based
Oracle: Service Based Organization
Organization
In
In terms
terms of
of Implementation
Implementation time
time &
& cost,
cost,
Oracle
Oracle is
is better
better
RECOMMENDATION FOR LARGE
ORGANIZATION
Ability
Ability to
to manage
manage schedules,
schedules, budgets,
budgets, sales,
sales,
and
quality
to
meet
requirements
provided
and quality to meet requirements provided
by
by the
the customer
customer
ite
u
sS
s
e
n
i
ne
s
u
O
B & ss
e
le
c
n
i
a
s
Or
Bu
P
SA
Lower
Lower set
set up
up and
and maintenance
maintenance cost
cost
Higher
Higher acceptability
acceptability of
of the
the employeeemployeefamiliar
with
Microsoft
familiar with Microsoft Products
Products
Gives
Gives highest
highest return
return on
on investment
investment
M
Dy icro
na
s
mi oft
cs
GP
REFERENCES
Gargeya, V. . B., 2005. Success and failure factors of adopting SAP in ERP system
implementation. Business Process Management Journal, 11(5), pp. 501-516.
Anon., 2010. SAP Modules - Ultimate Guide. [Online]
Available at: [Link]
[Accessed 2013 April 14].
Anon., n.d. SAP Flow Diagram. [Online]
Available at: [Link]
[Accessed 13 April 2013].
Bouhdary , C. & Goyal, A., 2006. Top Ten Reasons Customers Choose SAP for Business
Transformation, Walldorf: SAP AG.
Goeke , R. J. & Faley, . R. H., 2009. Do SAP Success Outperform Themselves and Their
Competitor. Communications of the acm, 52(10), pp. 113-117.
Klee Associates, 2013. SAP Financial Accounting (SAP FI). [Online]
Available at: [Link]
[Accessed 14 April 2013].
Oracle Corporation, 2011. Annual Report, Redwood City: Oracle Corporation.
REFERENCES (CONT.)
SAP AG, 2011. Annual Report, Walldorf: SAP AG.
SAP AG, 2013. SAP at a glance: company information. [Online]
Available at: [Link]
[Accessed 15 April 2013].
SAP AG, n.d. Customers A-Z. [Online]
Available at: [Link]
[Accessed 14 April 2013].
Shin, I., 2006. Adoption of Enterprise Application Software and Firm Performance.
Small Business Economics, April, 26(3), pp. 241-256.
The [Link], 2013. Side by Side Comparison for Professional Services.
[Online]
Available at: [Link]
[Accessed 15 April 2013].
![ABOUT SAP
Systems
Applications
Products
S
A
P
Enterprise Software
Vendor : SAP AG [Germany]
Founded in](/p?url=https%3A%2F%2Fscreenshots.scribd.com%2FScribd%2F252_100_85%2F189%2F289473372%2F4.jpeg&__src=https%3A%2F%2Fwww.scribd.com%2Fpresentation%2F289473372%2FSAP-FiCo-Module&__type=image)
