Enterprise Resource Planning (ERP) systems have become the backbone of modern accounting and financial management. Businesses across industries increasingly rely on integrated software platforms like SAP and Oracle to streamline accounting operations, improve reporting accuracy, and support strategic financial decision-making.
This course, ERP Systems in Accounting (SAP/Oracle), is designed to equip professionals, accountants, and finance managers with practical knowledge of ERP systems and their application in enterprise accounting environments.
Objective
The primary objective of this course is to provide participants with an in-depth understanding of ERP functionality in accounting, including core modules, integration with other business processes, and the strategic use of data analytics to enhance financial decisions. Participants will gain hands-on experience with SAP and Oracle, focusing on practical applications for transaction management, reporting, and financial planning.
By the end of this training, participants will be able to leverage ERP systems to streamline accounting workflows, generate accurate financial reports, and apply big data analytics to support organizational goals. The course also highlights the growing role of automation and contextual integration in modern accounting practices.
- Understand the architecture, core modules, and functionalities of ERP systems in accounting.
- Develop hands-on skills in SAP and Oracle, focusing on financial modules such as General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and Asset Accounting (AA).
- Learn how ERP systems facilitate real-time financial reporting and decision-making.
- Explore data analytics within ERP systems to identify trends, optimize performance, and support strategic financial planning.
- Analyze the integration of ERP systems with other enterprise functions, including procurement, inventory management, and human resources.
- Apply best practices in automation of accounting processes to improve efficiency and accuracy.
- Understand the role of ERP systems in supporting entrepreneurial finance, capital raising, and startup investment strategies.
Target Audience
This course is designed for professionals and learners who want to deepen their knowledge of ERP systems in accounting with a focus on SAP and Oracle. It is suitable for:
- Accountants and Finance Professionals
- Individuals transitioning from traditional accounting software to advanced ERP platforms
- Professionals aiming to improve efficiency through automation and integrated workflows
- Auditors and Compliance Officers
- Those who need to understand ERP-driven audit trails, financial reporting, and regulatory compliance
Course Content
- Introduction to ERP Systems in Accounting
- Definition and evolution of ERP
- Key features of SAP and Oracle accounting modules
- Benefits of ERP implementation in finance and accounting
- Real-world examples of ERP-enabled accounting processes
- Core Accounting Modules in ERP Systems
- General Ledger (GL): Chart of accounts, journal entries, and automated reconciliation
- Accounts Payable (AP): Vendor management, invoice processing, and payment automation
- Accounts Receivable (AR): Customer billing, collections, and revenue tracking
- Asset Accounting (AA): Fixed asset management, depreciation, and reporting
- Financial Reporting: Standardized and customizable reports for internal and external stakeholders
- Integration with Enterprise Workflows
- Linking finance with procurement, inventory, and sales
- Cross-functional data flows and elimination of redundant processes
- Real-time updates for decision-making and compliance
- Case studies on integrated ERP systems in multinational corporations
- Data Analytics and Big Data in Accounting
- Leveraging ERP data for trend analysis and forecasting
- Key performance indicators (KPIs) and dashboards in SAP and Oracle
- Predictive analytics for financial decision-making
- Role of big data in risk management and investment decisions
- Automation in ERP Accounting Processes
- Automating journal entries, invoice processing, and reconciliations
- Reducing human errors through workflow automation
- Improving efficiency in reporting cycles and month-end closing
- Tools and techniques for optimizing automated accounting processes
- Strategic Use of ERP in Entrepreneurial Finance
- Applying ERP insights to capital raising, investment evaluation, and startup growth strategies