What does SAP stands for

SAP stands for

SAP AG is the largest business solution company in the world and third largest software provider. In the early days of the company history,  SAP stood for Systemanalyse und Programmentwicklung in German, which means System Analysis and Program Development. The acronym was changed to Systeme, Anwendungen und Produkte in der Datenverarbeitung in German or Systems, Applications and Products in Data Processing in English.

SAP has a lot of IT and Business Solutions, but when someone is telling you that it is implementing, supporting or using SAP, in almost all cases it is talking about SAP ERP. SAP ERP is also known as  SAP R/3 and mySAP ERP. SAP ERP is part of the SAP Business Suite package containing also SAP Customer Relationship Management, SAP Supplier Relationship Management, SAP Product Lifecycle Management, SAP Supply Chain Management, SAP Supply Network Collaboration.  SAP ERP is the core product of SAP AG and is the primary reason for the success of SAP.

When it comes to ERP Solutions, SAP has a lot to offer. You could choose between SAP ERP as their prime solution, SAP Business All-in-One similar to SAP ERP, but with preconfigured templates and solutions designed for small and midsize companies as SAP Business By Design and SAP Business One. You could read more about them in SAP ERP Solutions article. In 2015, S4/HANA was introduced as replacement of the SAP ERP combining the strengths of Fiori UI5 and HANA database.

If you are company looking for a business solution, probably choosing a SAP is your best choice when it comes to functionality, scalability and productivity. If you are looking for a consultancy job, then SAP is very good choice for person which have passion on IT Solutions as well as advanced technical knowledge and/or business knowledge.

In 2012, SAP became the largest company in Germany measured by market capitalization. They got ahead of the 165 old year engineering giant – Siemens.

About Emiliyan Tanev

Hello, My name is Emiliyan Tanev. I am SAP BPC Certified Application Associate with a good process understanding of FICO. I am also an experienced accountant and financial controller with 5+ years of diversified responsibilities. I am also a member of Management Accounting Body in the UK - CIMA and CGMA in the US. I love IT and Finance which impacted my career orientation towards SAP FICO and BPC. Follow me and get the latest tips, tricks, tutorials and career guides related to SAP BPC. More about me on My Story.

Check Also

SAP HANA Training Server

Build Own SAP HANA Home Training Server – Assembling

Quick update on my progress building SAP HANA Home training server. At the time of …

One comment

  1. Please share tcodes for below FI:
    1) Check withholding tax countries
    2) define withholding tax type for payment posting
    3) define withholding tax code
    4) define formula for calculating with holding tax
    5) assign withholding tax to company code
    6) activate withholding tax
    7) define a/c for withholding tax to be paid over

Leave a Reply

Your email address will not be published. Required fields are marked *