Business Description
SAP FICO allows an organization to store a complete version of their financial transaction data. Specifically, the purpose of SAP FICO is to help companies generate and manage financial statements for analysis and reporting, as well as to aid in effective business planning and decision-making. SAP FICO stands for SAP Finance (FI) and SAP Controlling (CO). These are two core modules of the SAP ERP (Enterprise Resource Planning) system, widely used in businesses to manage financial transactions and accounting processes.
