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Thursday, 16 April 2015

Basics of SAP software application.

SAP Education an Enterprise Resource Planning (ERP) system is acknowledged to be the world's large-est inter-enterprise software company and the world's fourth largest independent software supplier. The company does not cater to a single major product but various products suffice to meet the discrete requisites of the organization.

Enterprise resource planning (ERP) is an amalgamation of varied activities that are used to implement as well as manage prime parts of a business. The most important agenda of implementing ERP is to make data drivendecisions in business by facilitating proper flow of information. As an amateur when we think about different processes required to run a business, we conclude as inventory and order management, human resources, accounting, customer relation management (CRM), supply chain, sales etc. 

Therefore, at a layman's level ERP Software for business consolidates these diverse functions into one unmiti-gated system to streamline processes and information across the organization. Shared Database is the predominant aspect of all ERP Systems that comprises multiple functions utilized by various business units in an organization. This in turn facilitates the employees of different units for instance order management and accounting; can reckon the same information and data for the specified requirement.

SAP ERP is one of the most powerful and well-integrated enterprise resource planning software packages on the market today. Although it has many competitors it has managed to remain one of the most popular and sought-after solutions and in the process has also managed to acquire a large share of the market.

The main reason behind SAP ERP's popularity is its ability to bring together all of the major business processes in any industry. Once installed, it can integrate HCM (human capital management), CRM (customer relationship management), finance, business sales and services, manufacturing, logistics and materials management and procurement – giving an enterprise the ability to centrally coordinate all its business areas.

SAP ERP comes with decades of experience and over that time has evolved to adapt to changes in the way business is done. This has enabled it to be easily customizable and used in any type of industry: manufacturing, airline and travel, banking and financial institutions and global socio-political organizations like the UN.

The high adaptability is mainly because of the ease of configuration. Right after the customized framework has been put in place, migration from legacy systems and subsequent maintenance and continuity of the SAP ERP system can be done with a small, well-trained support staff.

Once installed, SAP ERP has the ability to maintain data integrity because of its strong data checks and balances. This, for example, reduces the chance of someone in human resources making a mistake which might be reflected in finance (payroll).
As a result of SAP ERP, businesses can expect:

  • A rise in productivity owing to processes running in perfect synchrony with one another thus eliminating bottlenecks in business process flows.
  • Management gets the advantage of instant snapshots and overviews of the current state of affairs with the help of business intelligence and powerful built-in reporting tools which are also highly customizable.
  • Ease of integration with mobile devices and apps as well as other existing software and applications.
  • Easy communication and data input/output between different departments.
  • No data redundancy.
  • Ease of upgrading and even integration with cloud technology
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