Published on: May 2026
A STUDY ON IMPACT OF SAP FICO ON FINANCIAL DECISION-MAKING IN ORGANIZATIONS
Atharva Gaikwad
Prof. Shrikant Jagtap
Dhole Patil College of Engineering Pune
Article Status
Available Documents
Abstract
Enterprise Resource Planning (ERP) systems have emerged as a solution to these challenges by integrating various business functions into a unified system. Among these, SAP is one of the most widely adopted ERP systems globally. SAP FICO, comprising Financial Accounting (FI) and Controlling (CO), plays a vital role in managing financial data and supporting decision-making processes.
This study examines the impact of SAP FICO on financial decision-making in organizations. The research is based on primary data collected from 50 respondents and supported by secondary data from academic literature. The results indicate that SAP FICO significantly improves financial accuracy, enhances reporting quality, and facilitates faster decision-making. The study concludes that SAP FICO is an effective tool for improving financial management practices and organizational performance.
Keywords—
SAP FICO, ERP Systems, Financial Decision-Making, Financial Accuracy, Financial Management
How to Cite this Paper
Gaikwad, A. (2026). A Study on Impact of SAP FICO on Financial Decision-Making in Organizations. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(05). https://doi.org/10.55041/ijcope.v2i4.1000
Gaikwad, Atharva. "A Study on Impact of SAP FICO on Financial Decision-Making in Organizations." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 05, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i4.1000.
Gaikwad, Atharva. "A Study on Impact of SAP FICO on Financial Decision-Making in Organizations." International Journal of Creative and Open Research in Engineering and Management 02, no. 05 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i4.1000.
References
- Pandey, I.M. (2021). Financial Management.
- Leon, A. ERP Demystified.
- Khan, M.Y. & Jain, P.K. Financial Management.
- SAP Official Website
- Investopedia
Ethical Compliance & Review Process
- •All submissions are screened under plagiarism detection.
- •Review follows editorial policy.
- •Authors retain copyright.
- •Peer Review Type: Double-Blind Peer Review
- •Published on: May 02 2026
This article is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. You are free to share and adapt this work for non-commercial purposes with proper attribution.

