Sap : Sap And Sap

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SAP, the third largest independent software manufacturer of the world based on market capitalization, has a 42-year history of innovation and day by day, it growth as a software industry leader. Over 253500 customers use SAP innovation such as the SAP HANA platform and SAP Cloud to face with the complex business challenges and earn more profit. SAP helps people, companies and organizations work more efficiently and effectively. SAP promotes the world run better and improves people’s working efficient. (SAP annual report, 2013) This report will firstly introduce the overview of SAP, including what are SAP and its functionalities, followed by the challenges and benefits in the SAP environment and some successful factors for SAP adoptions in finance and accounting will be given in the recommendation. There is also a summary at the end of the report.

Overview of SAP
SAP (System, Anwendungen, Produkte in der Datenverarbeitung) stands for systems, applications and products in data processing. There are two different meanings of SAP. One is the name of a famous software company, which was founded in 1972 by five EX-IBM engineers (Arzu Baloglu). The company was headquartered in Walldorf, Germany, with locations in more than 130 countries and SAP SE is the world leader in enterprise software and software-related services. Another one is the name of ERP (Enterprise Resource Planning) software, which is widespread all over the world. For example, SAP, the ERP system with
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