What are SAP and ERP?
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What are SAP and ERP?
Answer
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SAP is the name of the company that supplies the leading ERP software released as SAP BW, SAP ERP, and various other SAP applications. The company was founded in Germany in 1972 and has released various versions of its ERP software. There are currently over eight million SAP users around the world.
ERP is an acronym for Enterprise Resource Planning. ERP applications are applications that are designed to create a real-time view of the core business processes within a company so that the company can monitor and manage its processes efficiently. ERP software tracks the day to day transactions and processes within a company. ERP software tracks various business resources like cash, raw materials, production capacity, and sales. Data is shared between the various company departments. ERP packages are therefore often integrated applications that span the various business processes within the business. Databases are the most popular storage method for shared information. For more information on SAP basics, you can read the SAP Basics and Resources to Help You Learn More article available on the Udemy blog.
