CA Nandan Gandhi is currently a Business Analyst with Tata Consultancy Services (TCS).
Nandan is a qualified Chartered Accountant from The Institute of Chartered Accountants of India(ICAI).
For all those who question the ‘Importance of ISCA‘ in the Chartered Accountancy course, this is a MUST READ!
He also holds a certification in SAP-FI (Finance).
HOW TO BECOME A SAP CONSULTANT
He says – I had benefitted from TCS-SAP tie-up and had not paid anything for studying-appearing-clearing SAP. So I’d suggest the candidate should first check if his/her organization has any sort of tie-up with SAP or not.
If not, I’d recommend the following steps :
- Choose your module of work interest. SAP offers various modules. FI-Finance, CO – Control (these two go hand in hand being horizontal functions), MM – Material Management, HR – Human Resources, PP – Production Planning, SD – Sales & Distribution and so on.
- Register for an examination date (MCQ based) with SAP portal. Usually takes two months for preparation.
- If time permits, I’d recommend joining classes for the same where coaching is provided through video conferencing (from SAP HO, Germany) and exam-oriented study material. For instance, Genovate Solutions are one such coaching institute in Ahmedabad. The fees may seem high (2.5-3L) but its more than worth it looking at the continual increase in demand for SAP certified Professionals. Majority of the organizations are already onto ERPs (Enterprise Resource Planning systems) that provide for operational efficiency and productivity. It also provides for analytics and granular reporting. This helps the organization save a lot of time and processing costs as well.
BENEFITS OF SAP
SAP and Oracle are the two giant ERPs trying to cover 100 % of work onto systems having a minimal human intervention. The scope of work might change (say Robotic Process Automation is the new ballgame), but the demand for such ERPs would never change owing to required integrations.
Let’s take an example in Finance – Bank Reconciliation.
A large organization having multi-branches and associates put together would be having their bank transactions running in thousands daily.
Imagine if Reconciliation has to be carried out manually. ERPs help with auto-reconciliation on a daily basis and also generate a report for non-reconciled transactions.
Besides, it has a pre-decided workflow for resolving such exceptions and give a smooth flow to the process. Similar case with Consolidation, Payables, Receivables, MIS & Reporting.
Each of these requires Consulting, Implementation and Post-Implementation Support as well. Gulf Countries have a major demand for SAP professionals.