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What is SAP

SAP stands for Systems Applications and Products in Data Processing. Designed and developed by 5 IBM engineers during the 1970s as a standards based software alternative to custom built ERP software, SAP has come a long way. SAP has been in the forefront of ERP software ever since.

SAP develops ERP products to be used by companies to manage their enterprise. This includes managing their day to day operations, logistics, finances, month end, quarter end and yearly activities, reporting, HR etc. Although there are a couple of other ERP vendors who do the same, the key differentiator for SAP is the way in which SAP integrates all these operations and makes for a seamless system that is both easy to use and at the same time sophisticated enough to include all kinds of complex activities that are needed for any kind of enterprise. Examples of some of these activities could, be running Material resource planning, recruiting and managing an employee’s lifecycle, disbursing payrolls, recording all financial transactions and drawing balance sheets and P/L statements of the company etc.   Now imagine a single system that takes care of all these diverse activities and still keep them well integrated. continue reading…

Bratislava, Slovakia — June 8, 2010 — ORIWIN, SAP NetWeaver integrator and Resco, supplier of advanced developer components and tools for mobile devices released an updated version of FAIN (Fixed Assets Inventory) — a ready-made solution for fixed assets management and inventory. The solution is integrated into the SAP ERP environment. continue reading…

Original Article: SAP ERP to play crucial role in merger? | Codestone.

SAP enterprise resource planning (ERP) systems could play a key role in the merger between two high-profile companies.

According to Computer World UK, a “vast chunk” of the integration between Kraft and Cadbury is likely to centre on SAP, as it is used by each of the businesses as their ERP platforms.

The news provider claimed the procedure could involve the migration of significant amounts of data from Kraft’s SAP ERP system followed by a centralisation process.

Kraft announced it expects to cut £379 million from operational costs following the £11.5 billion acquisition in 2009.

Irene Rosenfeld, chief executive of the firm, said: “Everything we’ve seen so far has only reinforced our decision to acquire Cadbury.”

Research recently conducted by Gartner showed that SAP is continuing to do well in financial terms, as it was regarded as the world’s number one software provider in 2009, accounting for 22 per cent of the market.

by Lara Ward

This post comes from Don Fornes of Software Advice, a web site that compares and reviews manufacturing software.

Throughout its existence, SAP has been known as an enterprise-class applications vendor – one that sells only to really big companies. At the same time, SAP has attempted – through marketing, channels and development – to move “down market” into the realm of small and mid-size enterprises (SMEs). Today, that strategy has resulted in a portfolio of software solutions that might need some explaining. I’ll give it a try.

Before we dig into the SAP portfolio, it’s important to understand a few things about the SME market:

• There exists a range of SMEs and one-size does not fit all. A $750 million SME has very different needs than a $10 million SME.
• The smaller the SME, the less likely they are to adopt complex technology. When they do get into technology, they typically like Microsoft platforms (e.g. .Net, SQL Server).
• SMEs were the first to adopt software as a service (SaaS), and that model continues to gain traction within the SME market. Any SME strategy must include a SaaS strategy.

The implications of those three points for SAP were that SAP could not just “re-package” its core SAP Business Suite – the “big company product” formerly known as R/3 – and call it an SME strategy. SAP actually tried this throughout the 1990s, but in 2002 they started on a new path toward specific solutions designed just for the SME market.

You can read the full article here: SAP’s SME Solutions – A Guide to the Product Profile.

There is a brand new and unique online service today, where SAP Customers and Consulting Houses can hire you directly without having a recruiter ‘shaving off’ your rate. As no recruiters or staffing agencies are involved who should ‘sell’ your abilities, you need to make sure that your sell your skill set yourself accordingly and start building up your reputation. continue reading…

Everybody has Access to your DATA!!!

White-collar crime is the fastest growing type of crime in North America, and co-workers and disgruntled employees have many motivations to cause damages or increase their wealth. Especially in the current economy it is every company’s responsibility to keep honest employees honest by preventing opportunities and temptation! The first thing intruders do before taking any illegal action is to get access to another colleague’s user profile for extended access so that the other person will be blamed. Below we will point out how easy this unfortunately is…

We know about one company that lost over $60 Million in a 4 year period. A director used one of his employee’s user profiles and passwords to commit the fraud in the SAP financial system. When the fraud was discovered, this employee spent half a year in jail for a crime that she did not commit. Eventually, her boss was arrested for stealing her password and committing the fraud. continue reading…

Entering into SAP can be challenging as depending on data volume, it may need multiple resources and the chance of human error should not be taken lightly. Many SAP customers do not want endusers using mass data entry tools such as Mass update transactions, LSMW or CATT Scripting on a regular basis as scripts can be time consuming to create and it may be difficult to train end-users on how to use these tools.

Besides the mass data entry for Sales Orders, Purchase Orders or changing of existing data, the manual entry also requires the users to enter data on multiple screens and analyze multiple fields to make sure they don’t enter the data in a incorrect field. These are just a few examples that you may encounter in your company. We are interested in learning more about what data entry challenges companies have. Please take a few minutes and answer the simple questions of our survey.

Click here to access the Survey.