SAP FICO Experts for Hire
What Is SAP FICO?
SAP FICO is a module in SAP ERP used for Finance and Cost Controlling. FI in FICO stands for Financial Accounting and CO in FICO stands for Controlling in SAP FICO. This module is very robust and covers almost all business processes encountered in different industries. This software is simple to configure, and is a compatible host with different software tools. It ensures that every decision made by its users reflects accurate data and it even helps in achieving the organizational goals with enhanced efficiency. It is perfect for enhancing Business operations with effective financial activities.
The purpose of SAP FICO is to generate and manage financial statements in the companies for analysis and reporting. This helps organizations with effective business planning and decision-making. SAP FICO comprises of two modules, SAP Finance (FI) and SAP Controlling (CO), each is used for specific financial processes. You can hire sap fico freelance experts on some of the top online freelancing platforms for efficiently conducting accounting functions.
What Does an SAP FICO Expert Do?
SAP FICO experts are primarily responsible for designing, building and deploying SAP-based ERP solutions. They lead analysis and design in the SAP FI/CO area and prepare blueprint for implementing the project. They often work in close cooperation with the client’s finance team for getting the desired data. They conduct structured testing internally and with the respective users. They work on the stabilization of the solution and its continuous improvements as the situation demands.
These professionals generate the accounting data into an integrated form to be used excellently in managing profit loss statements and balance sheets etc. They manage the financial transactions reporting and better handling by using SAP FI. They also focus on planning and monitoring costs by working on SAP FICO, which is one of the advantages of SAP FICO. SAP ABAP Developers use ABAP language to develop sophisticated applications for simplifying business processes.
You can find SAP FICO freelance experts for hire on Guru.com, one of the best websites to bid for work online. Before you hire sap fico freelance experts, do ensure that they:
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Are well versed in SAP FICO
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Should have strong cross-module functional / business knowledge between FI-PS, MM-FICO, FI-SD
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Know one or more SAP FICO modules as per combinations
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Should understand the business requirement of the organization
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Can do Data Mapping- which will include Mapping all the source data element in the target environment
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Should validate the reports requirements
Qualifications of SAP FICO professional
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Bachelor’s degree in Computer Science/Masters in Computer Applications or its equivalent
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SAP FICO experience in previous organizations
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Good experience on Accounts Payable, Asset Accounting, General Ledger, Accounts Receivable
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Integration experience on FI-MM & FI-SD functional module
Benefits of Hiring SAP FICO professional
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They can easily integrate SAP modules like Sales & Distribution, Production Planning and Material Management with SAP FICO and provide essential data to the organization for internal planning and better control
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They will enable smoother and efficient accounting processes by their expertise in SAP FICO
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They will utilize SAP FICO for almost every aspect of business operation
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