Top SAP Modules List for 2024 You Must be Aware Of (2024)

The SAPCertification exam is based on Enterprise Resource Planning solutions, typically SAP software solutions. EnterpriseResourcePlanning (ERP) that allows an enterprise to manage databases for different processes from a single unified system. ERP system was developed initially for inventory control; however, over the years, different software was developed for different processes in an enterprise for better data management and workflow. In today’s world, there are many leading market providers of ERP systems. SAP is one of the market and technology leaders in building business software for structured work and data management in organizations. SAP AG is originally a German multinational software company that deals in software development for business management and improved customer relations in enterprises.

Top SAP Modules List for 2024 You Must be Aware Of (1)

SystemsAnalysisandProgramDevelopment(SAP) was founded on June 1972 and since then, many SAP ERP operations modules have emerged that are designed focusing on various different processes including SAP ERP sales and service, sales and distribution, customer relationship, financial management, business intelligence and more.

1. SAP S/4HANA

Overview: SAP S/4HANA is an integrated enterprise resource planning (ERP) system designed to run exclusively on the SAP HANA database. It enables companies to perform transactions and analyze business data in real-time.

Key Features:

  • Real-time analytics and reporting capabilities.
  • Simplified data model and improved user experience with SAP Fiori.
  • Enhanced performance for financial processes and other business functions.
  • Flexibility in deployment options including on-premise, cloud, and hybrid setups.

2. SAP Financial Accounting (FI)

Overview: This module is fundamental for managing financial transactions within enterprises and covers all aspects of financial processing, from basic accounting to more advanced financial reports.

Key Features:

  • General Ledger functionality.
  • Accounts Receivable and Accounts Payable management.
  • Asset Accounting integration.
  • Financial statements and reporting.

3. SAP Controlling (CO)

Overview: SAP CO supports coordination, monitoring, and optimization of all the processes in the organization, handling cost and performance accounting duties.

Key Features:

  • Cost Element Accounting.
  • Cost Center Accounting.
  • Profit Center Accounting.
  • Internal Orders and Activity-Based Costing.

4. SAP Sales and Distribution (SD)

Overview: This module facilitates all processes of order to delivery. It integrates sales, shipping, and billing processes and is tightly integrated with other SAP modules like FI and MM.

Key Features:

  • Sales Order processing and monitoring.
  • Inventory and Warehouse management.
  • Billing and Invoice creation.
  • Pricing and Rebates management.

5. SAP Production Planning (PP)

Overview: Aimed primarily at manufacturing companies, this module supports planning and execution of manufacturing processes.

Key Features:

  • Demand management and material requirement planning.
  • Production order creation and scheduling.
  • Shop floor management and production reporting.
  • Integration with sales and distribution for fulfilling manufacturing aspects of sales orders.

6. SAP Materials Management (MM)

Overview: This module handles procurement and inventory functions, crucial for supply chain management and operational efficiency.

Key Features:

  • Purchasing and Vendor Order Management.
  • Inventory Management.
  • Material Requirements Planning.
  • Goods Movements and Warehouse Management.

7. SAP Human Capital Management (HCM)

Overview: SAP HCM deals with automating human resource processes, including hiring, payroll, performance, and employee retirement.

Key Features:

  • Personnel Administration.
  • Payroll.
  • Recruitment.
  • Learning Solutions and Performance Management.

8. SAP Supply Chain Management (SCM)

Overview: Enhances collaboration, planning, execution, and coordination of the entire supply chain, improving effectiveness.

Key Features:

  • Advanced Planning and Optimization (APO).
  • Extended Warehouse Management (EWM).
  • Transportation Management.
  • Forecasting and Replenishment.

9. SAP Customer Relationship Management (CRM)

Overview: Focused on managing and maintaining customer relationships, this module integrates marketing, sales, and service.

Key Features:

  • Customer and Interaction Management.
  • Campaign Management.
  • Loyalty Management.
  • Sales and Service Management.

10. SAP Business Intelligence (BI)

Overview: Provides powerful tools that allow businesses to access, format, and analyze their information to make better strategic decisions.

Key Features:

  • Data Warehousing.
  • Ad-hoc Query and Reporting.
  • Data Visualization and Dashboarding.
  • OLAP (Online Analytical Processing) capabilities.
Top SAP Modules List for 2024 You Must be Aware Of (2024)
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