Introduction
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
In order to alleviate its server capacity constraints, speed its data retrieval process and reduce the number business systems used, Williams-Sonoma should upgrade to Windows 2000, purchase new servers and implement the SAP program. SAP is a customized program package that integrates a company 's supply chain. It 's primary function is the ability for order management, sales and distribution to communicate electronically with the financial systems and controls by providing real-time information for decision making. The system is fast, user friendly and most importantly real-time. It is beneficial because it reduces human error, improves productivity, improves data
I feel that the changes made in SAP will stay in place for years to come. Now that steps have been gathered to analyze large amounts of employees, customers, and sales data being generated by companies it will enable SAP to create new processes and applications that will strength
H. C. Stark Inc. invested in the SAP R/3 Enterprise Resource Planning software for the company but, only the finance dept. uses the software while the production, scheduling, shop floor scheduling and raw material orders and are still processed manually. These departments still believe in using the paper method of processing the transmittal of the sales orders from customers to the operations department. This process is longer than incorporating the software to accomplish the same tasks. Starck doesn't make full use of the functions in SAP R/3. In fact, schedule misses were mostly due to equipment failure. Mike from the sales dept stated there was an "informational
This process reduced not just customer’s satisfaction but also profit; there is a need for a financial information management to integrate all their business processes. SAP (System Applications Program) was introduced to the company to ensure efficient communication among the different modules of the business process.
The case shows the implementation of SAP ERP solution in NIBCO, a manufacturer of pipe and fittings, a mid-size manufacturer with about 3,000 employees and revenue over 460 million USD. The company
The authors of “Why ERP?: A Primer On SAP Implementation” discussed the reasons of the successful installation in one facility and the failure in other. Regardless of the nature of the business SAP R/3 has been successful in many organizations such as Ohio plant. The system works very well in organizations that have multiple locations of operations, in” firms for which the change costs are small and in plants which require low flexibility and high centralization (Jacobs & Whybark, 2000, p.126). In contrast, there are many reasons that SAP R/3 might not be successful. SAP R/3 is not appropriate in firms with low turnover and low profitability. Additionally, in some companies manufacturing customized products, SAP R/3 are not appropriate. For instance, the Ohio and North Carolina products are not the same; Ohio’s is in mass production while the other manufactures customized products.
The IT staffs were certain that the existing SAP software will provide all necessary computer support. They believed that even if the SAP would not fit their business processes precisely, it may be an investment that provides greater long-term flexibility and better solutions to the company’s problem.
c. To manage sales and inventory, UA recently adopted a new SAP system which will make future product expansion easier.
ERP, which is an abbreviation for Enterprise Resource Planning, is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently, ERP is an amalgamation of three most important components; Business Management Practices, Information Technology and Specific Business Objectives.
In 1972, five entrepreneurs had a vision for the business potential of technology. Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Klaus Tschira, and Claus Wellenreuther founded SAP in 1972. SAP means Systemanalyse und Programmentwicklung which is German for "System Analysis and Program Development.” The name was later changed to Systeme, Anwendungen und Produkte in der Datenverarbeitung which meant Systems, application and products in the data processing in German. With one customer and a handful of employees, SAP set out on a pathway that would not only transform the world of information technology, but would alter the way companies do business forever across the globe. Based on market capitalization,
I had exceeded the Maximum Credits for SAP requirements. I started college after graduated from high school. I was taken many classes at once and had withdrawal them because I was overwhelmed. I did not learn how to balance school and work; therefore, my grades dropped. I transferred to Louisiana State University Shreveport for summer classes in 2011. My grades dropped quickly, and it was too late withdrawal the classes. Reality did not strike home until I failed my classes. I had let myself down for failing my classes and overall my college experience. I began to take college seriously and started a goal for myself.
Oracle claims that SAP HANA uses security functionality that is very basic and not advanced. But SAP HANA provides advanced security features without any cost. Oracle provides data availability and security as extra cost options. SAP HANA provides the following security features: SAP HANA Studio: Production System Warning, New kind of alert for Password Expiration, User names in Unicode, Encryption, audit logging, Authentication and Authorization. SAP HANA protects data through Persistence, High availability, Disaster Tolerance, Disaster Recovery. Oracle claims that Business data needs in SAP HANA should be accessed via multiple servers. But SAP HANA had worked with 100 scale out machines accessing 1 petabyte of data. 1.2 trillion Rows of data with complex BI queries running in under a second.
SAP is a software company whose main product is an Enterprise Resource Planning (ERP) software. SAP was founded in 1972 in Walldorf, Germany under the name System Analysis and Program Development. (SAP) SAP has more than 54,000 employees with sales and development locations in more than 50 countries. Their revenue in 2010 was € 12.5 billion and based on market capitalization, SAP is the third largest independent software manufacturer. SAP has over 176,000 customers in over 120 countries and markets and distributes its products and services primarily through local subsidiaries. (SAP)
SAP was an integrated business application package that covered most functions of an organization like Financial Accounting, Controlling, Asset Management, Sales & Distribution, Material Management, Human Resource and so on. Implementing SAP for ATLAM was not easy as they were
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