• SAP ERP, which stands for Systems, Applications and Products in Data Processing (Systeme, Anwendungen, and Produkte in German), is an ERP software that integrates several business applications.
  • SAP was started in 1972 by five former IBM employees in Mannheim, Germany. SAP AG became the company’s official name after the 2005 annual general meeting.
  • SAP is an R/3 system that allows real time management and tracking of sales, productions, finance, accounting and human resources in an enterprise.
  • The original SAP idea was to provide customers with the ability to interact with a common corporate database for a comprehensive range of applications.
  • SAP maintains a single information system for the enterprise and all the applications access common data.
  • Applications interact with each other when real business events occur. For example, when events in sales and productions occur, accounting is done automatically. Sales can see when the production can be delivered, etc., thus the whole SAP system is designed to work in real time.
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