SAP software was launched in 1972 by five German IBM employees. Their basic premise was to create a software program to process data whenever a user wants access. SAP is a software program that can deal with a partnership or business all in all, across different departments. SAP is an Enterprise Resource Planning (ERP) software . SAP software package focuses on ERP and its most current version is SAP ERP 7.0 also known as R/3. SAP ERP was built based on the former SAP R/3 software. SAP R/3, which was officially launched on 6 July 1992, consisted of different applications on top of SAP Basis, SAP's set of middleware projects and instruments. It is an imaginative business software package that is utilized by more than a hundred major enterprises for financial reporting. SAP ERP incorporates the key business functions of an organization.
SAP stands for "Systems Applications and Products in Data Processing". SAP is a software system that integrates internal and external management information across an entire organization. It embraces finance, manufacturing, sales and service, CRM and so on. SAP automates these activities with an integrated software application.
SAP is the world leader in enterprise applications in terms of software and software-related service revenue. Based on market capitalization, it is the world’s third largest independent software manufacturer supporting all sizes of industries helping them to work profitability, develop reasonably and stay ahead of the competition in the market.
Why do we need SAP?
SAP software offers business a platform in the form of Enterprise Resource Planning (ERP) software to manage their different databases that run their organization. It was first promoted to small business owners as an approach to offer a single user a method of accounting that will integrate management assets, costs, production, operations, personnel, and financial spreadsheets. Initially, the SAP program was meant to provide companies the ability to work from a shared database, company-wide. It has since evolved to replace all company spreadsheets with a single user accounting package within the business management system of the firm.
|Why need SAP?|
The main reason to use SAP for your company is that it will mean better accuracy in information. Another reason your business should use SAP is that it now includes a complete internet packages that your company can use with new e-business platforms. The newer SAP programs run in a way that utilizes a model called client/server which includes thorough internet ready packages. SAP business apps work as a chain management system and offers customer relationship management options.
The SAP ERP System, is the collective term for SAP functional and technical modules that enable enterprises to manage business processes through a unified system.
SAP Functional modules are:
· SAP Human Capital Management (HCM)
· SAP Production Planning (PP)
· SAP Materials Management (MM)
· SAP Project System (PS)
· SAP Sales and Distribution (SD)
· SAP Plant Maintenance (PM)
· SAP Financial Accounting (FI)
· SAP Quality Management (QM)
· SAP Controlling (CO)
SAP Technical modules are:
· SAP Basis
· SAP ABAP
· SAP NetWeaver
· SAP HANA
· SAP IS (Information Systems) Management
· SAP XI (Exchange Infrastructure)
· SAP Business Intelligence (BI)
· SAP Business Warehouse (BW)
Factors to choose the right SAP Module
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