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ASSIGNMENT

ON

SUBMITTED BY:
SUBMITTED TO:

Prof. SAMTA Ma’am

FMS-IRM
INTRODUCTION

ERP SOFTWARE FROM SAP


A FOUNDATION TO EXECUTE YOUR BUSINESS STRATEGY

A sound foundation is necessary to compete and win in the global marketplace. The SAP ERP
application supports the essential functions of your business processes and operations efficiently and
are tailored to specific needs of your industry.

The SAP ERP application is an integrated enterprise resource planning (ERP) software manufactured


by SAP AG that targets business software requirements of midsize and large organizations in all
industries and sectors. It allows for open communication within and between all company functions.

SAP AG was founded by five former IBM employees in 1972 who wanted to create a real-time business
data system. The first name chosen for the company was not Systeme, Anwendungen und Produkte in
der Datenverarbeitung (German for "Systems, Applications and Products" or the acronym SAP) but
originally Systemanalyse und Programmentwicklung (in English, "Systems analysis and program
development").[1] It uses the concept of modules (individual programs that can be purchased, installed,
and run separately, but that all extract data from the common database). [2] SAP AG, the company that
provides the enterprise resource planning solution has upgraded the package and launched it as SAP
ERP Central Component (ECC) 6.0 in 2005. The purpose of positioning it as ECC is to enable SAP to
build and develop an environment of other products that can function upon the foundation of the central
component.

SAP ERP, an application included in SAP Business Suite software, delivers these solutions:

 SAP ERP Financials


 SAP ERP Human Capital Management
 SAP ERP Operations
 SAP ERP Corporate Services

For current customers, SAP enhancement packages now offer you the benefit of improving and extending
your SAP ERP software without the cost of major upgrades. For example, you can leverage SAP Master
Data Governance – delivered via an SAP enhancement package – to help govern financial master data
used in consolidation and operational chart of accounts. 
SAP ERP
FEATURES & FUNCTIONS

SAP ERP redefines enterprise resource planning – delivering role-based access to crucial data,
applications, and analytical tools. With SAP ERP, you can efficiently deal with business challenges in the
following areas:

 Financials – Ensure compliance and predictability of business performance – so your


organization can gain a deeper financial insight across the enterprise and tighten control of finances.
SAP ERP Financials automates financial and management accounting and financial supply chain
management. The solution also provides rigorous support for corporate-governance mandates such
as Basel II and Sarbanes-Oxley.
 Human Capital Management – Optimize your HR processes with a complete, integrated, and
global human capital management (HCM) solution. SAP ERP provides this HCM solution for
organizations of all sizes and in all industries. You can maximize the potential of your workforce, while
supporting innovation, growth, and flexibility. The SAP ERP HCM solution automates talent
management, core HR processes, and workforce deployment – enabling increased efficiency and
better compliance with changing global and local regulations.
 Operations – Manage end-to-end procurement and logistics business processes for complete
business cycles – from self-service requisitioning to flexible invoicing and payment – optimizing the
flow of materials. SAP ERP Operations also helps discrete and process manufacturers manage the
entire life cycle of product development and manufacturing. The solution automates the entire
manufacturing process and reduces costs by controlling and adapting the manufacturing process in
real time – and increases customer satisfaction by delivering higher-quality products.
 Corporate Services – Helps organizations manage their most cost-intensive corporate functions
by supporting and streamlining administrative processes in the areas of real estate; enterprise assets;
project portfolios; corporate travel; environment, health, and safety compliance; quality; and global
trade services. SAP ERP Corporate Services is a complete and integrated solution that maximizes
transparency and control, while reducing financial and environmental risks and enhancing safety of
employees.

SAP ERP 6.0 delivers many enhancements to the comprehensive features and functions of SAP ERP.
SAP ERP FINANCIALS
GAIN CONTROL. GAIN INSIGHT. CREATE VALUE.

The world of finance and accounting is radically changing – convergence of accounting standards, greater
expectation for transparency, more demand by your line of business partners for clarity. SAP can help.

With more than 30,000 best-run businesses in over 120 countries running our 45 country specific
versions, SAP has enabled companies like yours to thrive in a business environment characterized by
intensified competition, uncertain market conditions, and increased regulatory oversight.

SAP ERP Financials provides modular applications that enable our customers to tailor SAP solutions to
your specific business needs:

 Core accounting and reporting capabilities


 Receivables management
 Treasury
 Shared services

These modular solutions help you quickly implement according to your current business needs, showcase
quick ROI, and enable you to prepare for the future. Learn more about the SAP ERP Financials features
and functions, business benefits, and our many successful customers.

Customers Interested in SAP ERP Financials Are Also Interested in:

 SAP Master Data Governance: Centrally Govern Master Data in SAP Business Suite
 SAP BusinessObjects Enterprise Performance Management: Improve Performance Control
 SAP BusinessObjects Governance, Risk, and Compliance: Balance Risk and Opportunity
 SAP Upgrade: Strategies and Solutions to Upgrading Your ERP solution
 SAP Consulting: Gain Diverse Expertise to implement Your Business
FEATURES & FUNCTIONS

SAP ERP Financials is a complete, end-to-end enterprise financial management solution designed to
meet the needs of the most complex, multinational organizations. The solution comprises a robust set of
applications that support all aspects of financial business activities:

 Financial and management accounting – SAP ERP Financials provides core accounting and
reporting capabilities with scalability to support the requirements of large multinational companies.
The general ledger simultaneously supports parallel books of accounts, including those for local
GAAP, IFRS, US-GAAP, and tax. The solution integrates accounts payable and receivable
applications in high-volume environments. Complete integration with the general ledger ensures the
most up-to-date balances and reporting accuracy.
 Receivables Management – SAP applications help streamline receivables and collections
management processes. These applications help you reduce operating costs, and improve cash flow
and reduce days' sales outstanding. So you can quickly resolve invoice disputes and reduce the
collections cycle through electronic customer billing and robust collaborative applications. Seamless
integration with SAP financial accounting ensures the most up-to-date information and reporting
accuracy.
 Treasury applications – Treasury applications from SAP provide robust cash, liquidity, and
financial risk management capabilities that enable you to more precisely manage cash, mitigate
financial risks, and streamline bank interactions and payment processes. The treasury applications
seamlessly connect the entire spectrum of treasury activities for more effective management and
control, and integrate with SAP General Ledger software to ensure strict adherence to regulatory
compliance and financial reporting standards.

SAP ERP HUMAN CAPITAL MANAGEMENT


BEST PEOPLE AND TALENT IN YOUR ORGANIZATION

SAP ERP Human Capital Management (SAP ERP HCM) is a comprehensive, integrated human
resources management solution that delivers unmatched global capability. SAP ERP HCM gives
organizations like yours and of all sizes, industries, and regions the tools needed to manage the most
important asset: your people. The solution provides the framework to help executives, human resources
(HR) professionals, and line-of-business (LOB) leaders to:

 Align objectives to corporate strategy through comprehensive analytics, engage employees and
identify, retain, and develop key talent through a robust talent management offering built on a core
HCM foundation.
 Increase efficiency while reducing costs through automation of transactional processes, as well
as shared services – maintaining a single record of the truth compliant with local and global
requirements.

Experience the Power of One – SAP is the one right solution to get you where you need to be.
With onecompetency catalog leveraged by all talent management processes, you can ensure
the right skills are in theright place at the right time. Based on one set of employee master data, you
can reduce redundant users and data – keeping only the right, relevant information. By
using one organizational structure to drive workflow, security, and position management, you can ensure
that the right people can seamlessly access the rightinformation.

One set of consolidated, cross-enterprise analytics enable you to plan, measure, and align objectives, not
just within the HR department, but with the overall business strategy – ensuring the right kind of impact to
promote growth. With one technology environment, you can reduce maintenance and upgrade efforts –
lowering your overall total cost of ownership, while ensuring a compliant environment to meet your
organization's needs locally and globally right now.

SAP Employee File Workforce Business Process Duet and Alloy


Management By Deployme Outsourcing: Extend
OpenText nt BPO Powered by SAP HCM Functionality

Globally manage large volumes of paper and electronic records, while maintaining compliance with
document retention and deletion regulations. The SAP Employee File Management application by
OpenText helps you simplify management of worker-related documents – print and electronic – by
helping you create complete digital records of personnel-related documents.

Customers Interested in SAP ERP HCM Are Also Interested in:

 Service delivery – Automate and deliver business content via self services, shared services, and
mobile devices.
 Attract and retain the best people and talent
 Talent Management: Innovative Support from Recruitment to Retention
 Workforce Analytics: Make Well-Informed Decisions
 Core HR and Payroll: Streamline and Integrate Essential Workforce Processes

FEATURES & FUNCTIONS

SAP ERP Human Capital Management (SAP ERP HCM) provides features and functions that can help
you manage the following business processes:

 Service delivery – Ensure that your employees can readily access the critical data, applications,
and analytical tools they need to perform their job functions efficiently and effectively – while
supporting a shared-services model for human resources, finance, and other key processes. SAP
ERP offers role-based access and self-services. Plus, mobile applications from SAP enable
employees in the field to report time and expenses offline.
 Talent management – Support people during every phase of their employment – from recruitment
through training, development, and retention. Find the right people, put their talent to best use, align
employee goals with corporate goals, maximize the impact of training, and retain top performers. With
SAP ERP HCM, you can develop and deploy talent more rapidly and flexibly than ever before. The
solution supports and integrates all talent management processes – so you can attract, acquire,
educate, and develop talent; identify and grow future leaders; and align and motivate talent with
overall objectives.
 Core HR and payroll – Streamline and integrate essential workforce processes such as employee
administration, organizational management, time management, benefits, payroll, and legal reporting.
With SAP ERP HCM, you can standardize and consolidate all workforce-related processes and data
onto a single platform, while ensuring adherence to local regulations and laws. The solution is built on
a global platform customized for country-specific legal compliance and best practices. You can
operate with local languages, currencies, best practices, and regulatory requirements in facilities
around the world.
 Workforce analytics – Utilize comprehensive SAP analytics to help you plan, measure, and align
objectives, not just within the HR department, but with the overall business strategy to enable better
business decisions and growth.

SAP ERP OPERATIONS


GAIN CONTROL. GAIN INSIGHT. CREATE VALUE.

To best serve customers, organizations are focusing more on the agility and speed of delivering products
and services. The efficiency of the entire operational process chain impacts an organization's ability to
serve its customers well. Operational excellence is the ability of an organization to achieve a high level of
customer service, while reducing operating costs. An organization can then run its business at the speed
of change with more agility, from its suppliers to its customers, no matter which changes occur in the
market and in demand.

For many organizations, the SAP ERP Operations solution has become the software backbone that
contributes to excellent performance supporting end-to-end operational processes in all key areas:
procurement and logistics execution, product development and manufacturing, and sales and service.
This excellence is a culmination of SAP's experience over more than 30 years, with thousands of
successful customers in more than 25 industries.
With SAP ERP Operations, your organization can realize its full efficiency and cost-effectiveness
potential. With smoother day-to-day operations, you can maximize your profitability, free up resources
and budget so that you can invest more in innovation. Gaining competitive advantage, you can look
toward the future, and operate as a best-run business over the long term.

With SAP ERP Operations, you can:

 Automate and streamline operational processes with greater adaptability.


 Increase productivity in your operations with a role-based solution and centralized information.
 Extend collaboration to all value chain partners.
 Improve operations performance with strategic business insight.

Customers Interested in SAP ERP Operations Are Also Interested in:

 SAP ERP Operational Analytics: Optimize Your Entire Supply Chain


 SAP Business Suite: Applications for Specific Business Processes
 SAP Consulting: Plan, Build, and Optimize Your Solutions
 SAP Manufacturing: Drive Manufacturing at the Speed of Business

FEATURES & FUNCTIONS

To best satisfy customers, you must provide the right products and services at the right price, to the right
customer at the right time.To achieve this goal, you need to ensure the integration of the entire chain
including design, development, procurement, manufacturing, sales, until the delivery of your products and
services. But you also need the flexibility to simplify, automate, and innovate your processes in order to
support new business requirements.

SAP ERP Operations provides your organization with complete features and functions to help you
manage your key activities in:

 Procurement and logistics execution – Manage end-to-end procurement and logistics business
processes for complete business cycles, from self-service requisitioning to flexible invoicing and
payment. SAP ERP Operations can also help optimize the physical flow of materials.
 Product development and manufacturing – Support the entire life cycle of product development
and manufacturing. You can perform production planning, manufacturing execution integrated with
shop-floor systems, product development, and life-cycle data management in a wide variety of
industries.
 Sales and service – Manage customer-focused activities, from selling products and services, to
managing professional-services delivery and internal processes such as calculating incentives and
commissions.

SAP ERP CORPORATE SERVICES


STREAMLINING BUSINESS PROCESSES AND CONTROLLING COSTS AND RISKS

With the SAP ERP Corporate Services solution, your company can manage real estate; enterprise
assets; project portfolios; corporate travel; environment, health, and safety compliance; quality; and global
trade services more effectively. To learn how SAP ERP Corporate Services can help you realize
meaningful business value, read the following information:

 Real estate management – SAP ERP Corporate Services supports the administration of
commercial and residential real estate, enabling automation and process control to help you avoid
vacancies and reduce the costs associated with real estate development, rentals, and property
management. Real estate management is enabled by the SAP Real Estate Management application.
 Enterprise asset management – SAP ERP Corporate Services supports preventive and
predictive maintenance, maintenance cost budgeting, maintenance execution, and work-clearance
management.
 Project and portfolio management – SAP ERP Corporate Services provides a flexible and
comprehensive solution for managing a portfolio of projects – from strategic portfolio management to
project planning, execution, and accounting.
 Travel management – SAP ERP Corporate Services helps you reduce costs, streamline travel
administration processes, monitor compliance with travel policies, and manage changes in
compensation and pricing models from suppliers, global distribution systems, and travel agencies.
Travel management is enabled by the SAP Travel Management application.
 Environment, health, and safety management – Helps you implement EHS strategies on a
local and global level. The SAP Environment, Health, and Safety Management (SAP EHS
Management) application not only empowers you to address regulatory compliance, but also to take
an integrated approach to managing operational risks related to environment, health, and safety, and
to address the needs of corporate sustainability initiatives.
 Quality management – SAP ERP Corporate Services enables a unified approach to total quality
management, delivering efficiencies that result from fewer product returns and improved asset
utilization.
 Global trade services – With SAP software, you can secure your global supply chain, connect and
communicate with government systems, and promote the use of shared data to streamline cross-
border trade and gain sustainable competitive advantage.

Customers Interested in SAP ERP Corporate Services Are Also Interested in:

 SAP EHS Management: Implement Your EHS Strategies Globally


 SAP Real Estate Management: Enhance the Value of Your Property Portfolio
 SAP Travel Management: Reduce the Costs of Business Travel
 SAP Business Suite: Applications for Specific Business Processes

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