The company was founded in 1972 in Germany by some engineers who worked for the American company IBM. The purpose of the company was to find management software versions, in order to link them together in a single system to upgrade its work and efficiency in its performance, in order to dispense with the various systems and software that are different in their characteristics.
A Definition of SAP
SAP is an abbreviation of a company’s name that focuses on software and tech support for businesses: Systems, Applications, and Products in Data Processing.
This ERP system has helped many companies; it facilitated its work according to one application program for all companies of all kinds, It is worth noting that there are many companies and institutions around the world that use this system, including the automotive industry, the computer industry, in addition to many companies of the electronics industry and investment companies.
It is worth mentioning that IBM itself uses SAP products; this system is easily operational, especially in the management of their resources. It is a strong and cohesive system as well, so the interest and demand for this system increases annually. The company’s total annual profit in 2015 was over $3 billion, the year 2011 was the most profitable for the period 2006 to 2015; the total annual profit was 3 billion and 400 million dollars.
SAP has many applications, which can be used both combined and separately. The applications of this system are generally known and interconnected, called SAP Modules. However, each of these applications has its own price, an independent licensee of its own, and applications that are within SAP are the following:
Means financial accounting.
Means Enterprise Control.
Is the abbreviation for Treasury.
is an abbreviation for Investment Management.
Is a shortcut to human resources.
Is an abbreviation for sales and distribution.
Is an abbreviation for Materials Management.
Plant Maintenance (Plant Maintenance).
Is an abbreviation for production planning.
Is an abbreviation for quality management.
Is an abbreviation for business warehousing.
Is an abbreviation for Industry Solution.
Is the abbreviation for Customer Service.
An abbreviation for Customer Relationship Management that is commonly used in marketing.
17. My SAP
Product Life Cycle Management.
Takes care of the management of the SAP NetWeaver Supply Chain Management (SAP).
Whatever your business needs – SAP can help you manage your business successfully and efficiently. Whether you offer products or services, SAP’s applications will enable you to take care of the important things while the nitty gritty is managed safely and securely.