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 Top10erp.org, 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 Top10erp.org, 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: http://www.saptraininghub.com/sap-modules/
[Accessed 2013 April 14].
Anon., n.d. SAP Flow Diagram. [Online]
Available at: http://sapworkbench.weebly.com/fico-flow.html
[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: http://www.erptips.com/Learn-SAP/SAP-Module-Overviews/FinancialAccounting.asp
[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: http://www.sap.com/corporate-en/our-company/index.epx
[Accessed 15 April 2013].
SAP AG, n.d. Customers A-Z. [Online]
Available at: http://www.sap.com/customer-testimonials/customers-a-z/index.epx
[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 Top10erp.org, 2013. Side by Side Comparison for Professional Services.
[Online]
Available at: http://www.top10erp.org/erp-software-comparison-professionalservices-industry-570
[Accessed 15 April 2013].