We use the product for accounts payable and accounts receivables processes. It helps us analyze the throughput time between goods receipt and the completion of the entire accounts payable process. It identifies any delays or lags in the payment of invoices and ratios.
The product’s most valuable feature is a centralized system integrating different departments within the organization. It works much faster compared to other vendors.
SAP ERP lags a bit compared to Oracle for reporting features. Oracle provides predefined standard reports for vendor and customer-related financial statements. This feature could be included in SAP for creating reports adhering to standardized compliance requirements.
We have been using SAP ERP for three and a half years.
The product is stable. There are a lot of clients that maintain their systems for several years.
The product is scalable and suitable for large enterprises.
The technical support services are good. However, they cannot provide solutions for certain problems.
The deployment process requires a lot of resources and is expensive. It takes a lot of time to configure and deploy SAP applications. We need around 50 to 60 skilled resources for configuration setup. For finance, we may need another 50 resources. The process involves technical modules. Thus, we need expertise in finance and cost to handle the functional models, including warehouse, production, and plant maintenance. SAP provides good support services to help us set up the application.
The deployment time depends on the size of the data records and their processes. Some implementations might happen for years together.
The number of engineers and architects required depends on the existing data and processes. On average, we need a minimum of 10 executives to work on each module. We have around 20 modules in total. We may need overall at least 100 resources to implement the product.
The product has high pricing. They provide a yearly basis license. The customers have to pay extra costs for support services.
I reviewed some articles and blogs and interacted with IT consultants to learn about Oracle.
SAP ERP provides a lot of features compared to other systems. It is a well-integrated and feasible solution. It is a perfect solution if you can afford to invest in SAP. They are improving themselves rapidly. They provide all the organizational level services, including transaction, dashboarding, reports, automation, etc. They need to improve a few processes, including transformation, intelligence, governance, modeling, etc.
I rate the product an eight out of ten.