123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Computers >> View Article

What Is Sap Erp And What Does Sap Stand For?

Profile Picture
By Author: Ryan Mutt
Total Articles: 592
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

In the process of data processing SAP usually stands for Systems Applications and Products for data processing. Basically SAP is divided into various modules which include Financial Accounting (FI), Controlling (CO), Production Planning (PP), Materials Management (MM), Sales and Distribution (SD), etc. The major function of SAP is not related with programming but it can be configured through its own programming language which is known as ABAP. SAP is the best and largest ERP software in the world.

ERP (Enterprise resource planning) is a system of enterprise-wide information which is designed in such a way to coordinate all the information, resources and activities that is required to complete the processes of business like billing or fulfillment of order etc.

The Application of SAP ERP is related with software of an integrated enterprise resource planning (ERP). Usually it is the new and best outcome product after SAP R/3. It is business software which is usually required by mid size or large organization in all industries as well as different sectors.

SAP ERP includes basically four individual solutions ...
... which support the main functional areas -

1. Operations
2. Human Capital Management
3. Financials
4. Corporate Services

SAP ERP is the software whose application is necessary to achieve business excellence. This software delivers global orientation, powerful functionality, and flexible enhancement package options which are required to gain a sustainable, competitive advantage and position of your organization for profitable growth.

SAP ERP Operations solution is the software which is the backbone for many organizations which contributes for the achievement of operational excellence in key business area, and it includes procurement and logistics execution, product development and manufacturing, and sales and service. With the operations of SAP ERP software you can be in a position to streamline your day to day operations to reduce costs, increase revenues, maximize profitability and also to improve customer service.

With the help of SAP ERP software human capital management solution can be optimized. It optimizes a complete HR processes. In this solution you get the help to attract the right people, develop and leverage their talents, with the help of corporate objectives align their efforts and also to retain top performers.

This solution meets with the financial challenges and financial management within the industry. It improves cash flow, manage financial risk etc.

With the help of SAP ERP corporate service solution, the company comes into the position to manage real estate, project portfolios, corporate travel, environment, health and safety compliance, enterprise assets etc.

Read about ERP Definition and other related business terms. Also find information on the SAP HR Module with enterprise resource planning software. Find the list of top ERP Vendors and choose the right ERP vendor.

Total Views: 186Word Count: 440See All articles From Author

Add Comment

Computers Articles

1. Why Property Rental Management Software Is A Smart Investment In 2024?
Author: RentAAA

2. A Learner's Guide To Neuro Linguistic Programming In Machine Learning (ml)
Author: Ben Gross

3. How Pwa Development Helps Businesses Stay Ahead In The Digital Era
Author: Elite_m_commerce

4. Challenges Of Mobile App Development
Author: Bezos

5. Benefits Of Custom Sofware Development
Author: other

6. How Does Cloud Computing And Advisory Services Help Businesses?
Author: other

7. Amazing Examples Of Php Web Development
Author: Amazing Examples Of PHP Web Development

8. Vr App Development Cost To Build Own Application
Author: goodcoders

9. Web 3.0: The Decentralized Internet Of Future
Author: goodcoders

10. Ways To Leverage Smart It Solutions For Your Retail Business
Author: goodcoders

11. Why Your Institution Needs A Scholarship Management Software
Author: Brenda Joyce

12. The Future Of Digital Solutions: Adopting Progressive Web App Development
Author: Elite_m_commerce

13. Web Design And Development Full Service Agency
Author: Web Design And Development Full Service Agency

14. Data Analytics: Turning Raw Data Into Actionable Insights
Author: John Mathew

15. Python Full Stack Development: Bridging The Frontend And Backend
Author: John Mathew

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: