In this SAP Tutorial, you will learn what is the full form of SAP or what does it stands for?, and what are the features of SAP software and how it helps businesses.
What is the full form of SAP?
SAP stands for Systems, Applications, and Products in Data Processing.
According to the German language – SAP stands for Systeme, Anwendungen und Produkte in Der Datenverarbeitung.
What is SAP Systems?
- In 1972 five IBM engineers Hopp, Wellenreuther, Hector, Tschira, and Plattner founded the company called System Analysis and Program Development
- SAP is the fourth largest enterprise ERP software company in the world.
- SAP systems provide end-to-end solutions for manufacturing, financing and costing, logistics, supply chain management, etc.
- SAP R/3 is a business software package designed to integrate all areas of a business.
- In SAP, each process is defined as a module. SAP modules are divided into two types, i.e., 1) Functional Modules and 2) Technical Modules.
- Each module is integrated with other modules and enables the data to be available system-wide.
Important Features of SAP:
The key features of SAP software are as follows:
- Provides real-time analytics with instant data processing and enables instant decision-making based on the analytical data.
- Provides integrated and customizable modules such as SAP FICO, SAP MM, SAP SD, SAP HR, SAP QM, SAP PP and so on.
- SAP is now offering on-premises, cloud software, and hybrid solutions.
- Supports taxation, legal requirements, and multiple languages.
- With SAP S/4HANA, providing a new user experience with Fiori applications.
Important SAP Acronyms:
- What does SAP ECC stand for – ECC stands for “ERP Central Component”
- ERP Full Form – Enterprise Resource Planning
- SAP Hana Full Form – High-Performance Analytics Appliance.
Continue to read: What is SAP Software and how it helps the business.