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Taking a Look at the SAP Company

Decent Essays

Introduction:
SAP is a German based company that is successful in selling ERP systems to businesses. It is stated to have been established in April 1st 1972 in Mannheim by five former employees of IBM Germany ;Hans-Werner Hector, Klaus Tschira, Claus Wellenreuther, Dietmar Hopp, and Hasso Plattner ( Liembach 2008,p.61).

Overview of SAP:
Enterprise resource planning ( ERP) system is a new software management technology that strives to integrate the many business functions of an organisation through the unified software, thus enhancing/ improving productivity and overall performance of the business. It is the main product provided successfully by SAP globally to many different business industries. This is because on average most ERP systems have many different types of modules to accommodate individual sectors of a business, such as; human resources management module, accounting & financial modules, manufacturing modules, distribution modules and many more ( Chang et al. 2008 ). For an example in the R/3 ERP system provided by SAP, a few ERP functions can be derived, such as; to facilitate the processing of raw data into decision making information, security & storage of the raw data and information of businesses, enables forecasting of the business plan, assisting the business supply chain processes and many more ( Jones 1996). In terms of the accounting perspective the ERP system can be argued to have been a positive impact from the first function of processing of raw

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