SAP is an acronym for Systems, Applications and Products in data processing; and today, it is the world's largest business software company which delivers products and services that help to speed up business innovation for customers. When it comes to operating with the ultimate idea of uninterrupted and ever increasing performance in business, SAP is the perfect solution. SAP provides a single, integrated technology platform that supports industry-specific business processes through optional enhancement packages that enables to build on progress, without causing business disruptions.
SAP solutions are efficient and this can be largely credited to SAP's impeccable architecture. It is built on state-of-the-art computing technologies based on the Business Framework architecture which is capable of processing huge volumes of information and supporting rapid decision-making.
There are a few things that distinctly mark SAP apart from other solutions in the market. The foremost is their service-oriented architecture (SOA) which speeds and simplifies the integration of SAP and non-SAP solutions. Therefore, SAP's implementation offers high levels of data integration as it ensures synchronisation of information between SAP and the underlying business execution systems. This open connectivity actually allows business components to interact with several business systems.
Needless to say, with SAP, a company can gain meaningful, industry-specific, role-based insight into the business performance.Understanding its functionality requires recognising the working of its components. Building on existing SAP R/3 functionality, SAP includes functionality for advanced Business Consolidation and Business Information Collection, which links internal information with automated collection of relevant external information through the Internet. SAP also supports advanced Business Planning and Simulation, based on both internal and external information - allowing you to model risks and rewards, and more effectively manage future uncertainties.
Furthermore, once you resort to SAP solutions, the Corporate Performance Monitor including the Management Cockpit is enhanced with industry-specific Key Performance Indicators (KPI) templates on the one hand while on the other, the Stakeholder Relationship Management component facilitates communication with investors and other important stakeholder groups.
SAP unequivocally meets all your company's requirements and addresses all its prominent concerns.The implementation of SAP Enterprise Resource Planning (ERP) can lead to many benefits. Some evident gains are stated as follows:
With SAP solutions, your enterprise shall run in accordance with strategy and plans, accessing the right information in real time to identify concerns early. SAP improves operational efficiency and productivity within and beyond your enterprise thus extending transactions, information, and collaboration functions to a broader business community.
SAP helps you eliminate high integration costs and the need to purchase third-party software. It helps you leverage preset defaults and pre-packaged versions available for specific industries. It also links employees performance to compensation programmes such as variable pay plans and long-term incentives; and at the same time gives employees new ways to access the enterprise information required for their daily activities.
To meet the business needs of the 21st century, every aspiring company needs the element that pulls it together and integrates it in such a proficient way that it is able to foresee all opportunities and identify every minuscule of apprehension to make proactive decisions. To ensure solid productivity in today's competitive market, every company needs to be in a position from where it can make the optimum use of all its existing resources.
Using SAP means; being in a position to exactly do that. In brief terminologies, it means increasing profitability, improving financial control and reducing risks; thereby putting your company in the centre stage of a high yielding market.
