Hiring these consultants allows companies to accurately scope financial and controlling requirements and implement SAP FICO solutions that achieve set objectives. By bringing on SAP FICO experts, companies gain access to their specialized skills in defining the overall technical and functional architecture of SAP FICO systems and applications as well as their implementation experience. SAP FICO ERP implementation engineers also bring extensive business and technical expertise in designing, developing, testing, implementing, and maintaining complex financial and controlling ERP solutions. Through their skills and expertise, SAP FICO consultants help companies achieve exceptional functional and business results from an SAP FICO implementation.

Moreover, these consultants offer crucial insights and support in the following areas:

Strategic Financial Value Creation

They review current systems, perform a gap analysis, and identify critical financial value opportunities an SAP FICO implementation can secure. Among these opportunities, the specialist identifies options that may include streamlining accounting functions, automating consolidation, and optimizing travel management. They also identify controlling opportunities, including cost and profit monitoring automation, predictive profit analysis, and automated internal order management.

Expert SAP FICO Implementation

Hiring these consultants introduces expert implementation skills to SAP FICO projects, an essential ingredient for success. By relying on SAP FICO ERP implementation engineers, companies achieve successful module implementation and integration, including regression testing across the entire ERP system. SAP FICO experts also investigate, analyze, troubleshoot, and solve software problems while mapping the company’s business requirements, processes, and objectives. Whenever necessary, these consultants develop workarounds required to meet set goals.

Digitalization of Legacy Financial Systems

Companies undergoing digital transformation rely on SAP FICO consultants to guide them through the digitization process of their financial and control systems. With an in-depth knowledge of the SAP FICO suite of products, SAP FICO specialists bring crucial insights into the strategic analysis, formulation, and operationalization of a digitization project. Moreover, they lead the implementation process, ensuring the company achieves its digitalization objectives, including faster and more accurate and secure financial systems.

Map Business, Financial and Technology Requirements

They bring deep expertise in mapping SAP FICO modules and functionality to a company’s business, financial, and technology requirements. By working with SAP FICO experts, companies avoid costly mistakes associated with implementing underutilized modules, incomplete gap analysis, and the incompatibility of new systems with current systems. Working with SAP FICO ERP implementation engineers ensures a company achieves targeted business objectives through correct mapping of financial and technical requirements to the right SAP FICO modules and solutions.