November 30, 2008 SAP or Systems, Applications, Products in Data Processing is a German based company which was founded in 1972. Since the company is Germany based so its full and official name is SAP AG which stands for Systeme, Andwendungen, Produkte in der Datenverarbeitung. The unique thing about SAP is that the five founders of the company previously worked for IBM.
The company is the third largest software making company in the world and has got subsidiaries in more than 50 countries and is continuously expanding. At the moment it has got more than 17,500 customers and 27,000 people working for it with revenues of $7.34 billion. SAP has got 44,500 installations to its name in more than 120 countries used by more than 10 million users.
The success story of the company started in 1979 when it released SAP R/2 in the German market. This product was the first integrated package that could be used throughout the enterprise. This led to immediate success of the software and the company. In 1992, the company further ensured its success by releasing SAP R/3 which was based on client-server architecture.
SAP offers solutions in the following modules:
Supplier Relationship Management
Product Lifecycle Management
Supply Chain Management
Customer Relationship Management
What Is ERP SAP, Exactly?
ERP stands for enterprise resource planning which involves planning of acquiring and transferring business resources from one state to another. SAP ERP is integrated software developed by SAP for medium and large enterprises. After the success of SAP R/3 the company launched this software for the betterment of its customers. It includes four individual solutions including:
SAP ERP Financials
SAP ERP Corporate Services
SAP ERP Operations
SAP ERP Human Capital Management
SAP ERP Enhancement Packages
SAP ERP Financials:
SAP ERP Financials provides financial solutions to its customers irrespective of its customers. the solutions provided help you in dealing various competitive situations, market conditions etc. It combines accounting, reporting, treasury, financial supply chain and other aspects related to finance.
SAP ERP Corporate Services:
If your company deals in managing real estate, project portfolios, environment, corporate travels, health, enterprise assets or any other such sectors then SAP offers you SAP ERP Corporate Services solutions. This solution allows you to control business related costs and risks in a much better way.
SAP ERP Operations:
The operations department of any company is the most important department as it controls the entire process chain. SAP ERP Operations help the companies in handling their operations with high quality and delivering much more then is expected of them. SAP ERP Human Capital Management:
SAP ERP Human Capital Management provides:
End-user service delivery
Workforce process management
SAP ERP Enhancement Packages:
SAP ERP Enhancement Packages are mainly designed for providing enhancements to various business scenarios using the latest technologies and practices. There are various advantages for choosing this solution offered by SAP ERP and these are given below:
User friendly interface
Improved core functionality
Eli Griffin is a certified SAP consultant and is the founder of The Ultimate SAP Course.
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