SAP ERP

SAP ERP (Enterprise Resource Planning)
A software that helps large enterprises and midsize companies across more than 25 industries manage their business. It is used to achieve real-time insight and enable operational excellence and innovation for numerous business processes.

Procure to Pay.
This process helps companies manage purchases with greater efficiency and productivity. With the help of this SAP ERP Process, companies can realize their purchasing power, enforce vendor choices, and optimize buying patterns, as well as negotiate quotes, contracts, and conditions better and minimize stock and unused space.
 * Sourcing and Contract Management – companies can identify savings opportunities and effectively manage the contract lifecycle.
 * Operational Procurement – helps companies accelerate and automate procurement processes, ensure compliance, and reduce cost.
 * Inventory and Warehouse Management – automates the procurement process and integrates resource planning to reduce manual labor and increase efficiency.
 * Invoice and Payables Management – automates data extraction and streamlines invoice management to eliminate data entry errors and duplications.

Plan to Product
Plan to Product helps companies streamline the entire manufacturing process, from planning and scheduling, to sequencing and execution, to monitoring and analysis. As a result, companies can improve efficiencies, lower costs, deliver higher-quality products, and boost their margins.
 * Production Planning – companies can integrate and optimize production plans to eliminate waste and meet delivery schedule and customer expectations.
 * Manufacturing Execution – helps companies gain real-time updates on production key performance indicators (KPIs) for quick decisions and optimized usage of production assets.
 * Inventory and Warehouse Management – automates the procurement process and integrates resource planning to reduce manual labor and increase efficiency.
 * Product and Project Management – companies can plan, manage, and monitor product innovations and efficiency to reduce failure rates and cost overruns on projects.
 * Maintenance and Quality Management – enables closed-loop quality management to prevent deficiencies and drive quality control.

Order to Cash
The order to cash process helps companies increase sales, profit margins, and customer satisfaction by automating the entire order-to-cash cycle, delivering orders on time, accelerating sales processes, reducing operational costs, and boosting productivity.
 * Order and Contract Management – gives companies accurate, real-time, multichannel information on pricing, products, customers, and contracts to help them achieve their sales targets and delivery KPIs.
 * Inventory and Warehouse Management – helps companies improve operational efficiency by controlling goods movement and warehouse operations, from inbound activities to fulfillment.
 * Accounts Receivable – streamlines credit checks and customer accounts receivable management to ensure better results and optimize manual effort and cost.

Request to Service
This process helps organizations increase sales, profit margins, enhance customer satisfaction, and differentiate its brand by delivering exceptional service in every customer experience.
 * Service Management – helps companies optimize service delivery through integration in SAP ERP to incorporate agile service processes into daily customer interactions.
 * Service Parts Management – establishes an efficient and integrated service-parts supply chain, and improves real time visibility into data for customers, suppliers, and operations.
 * Service Project Management – companies can align resources and service projects with business objectives to minimize project delays and prevent business interruptions.

Core Human Resources
By utilizing Core Human Resources, organizations can outperform the competition by leveraging their employees' skills and talents, while giving them every opportunity to achieve their goals.
 * Core Human Resources – helps companies support organizational growth and employee engagement with a single system for global and local HR and payroll processes.
 * Time and Attendance Management – gives the workforce multiple ways to access the data, applications, and analytical tools they need to perform their work as efficiently as possible

Core Finance
Core Finance helps organizations manage spending, optimize resources, comply with financial reporting requirements, capture growth opportunities and streamline financial operations better than the competition.
 * Accounting and Financial Close – gives companies the ability to run compliant, real-time financial accounting processes more quickly, more accurately, and more efficiently.
 * Management Accounting – sound decision making with reports that provide detailed profitability and margin information, down to customer and product level.
 * Travel Management – helps organizations manage the entire lifecycle of every business trip - from pre-trip approval to online booking, expense reporting, and data warehousing.

Technology Platform (ERP Foundation Extension)
The ERP Foundation Extension includes essential innovations in analytics, cloud, mobile, and user experience (UX) to help organizations maximize return on investment when running SAP ERP on the SAP HANA platform. The ERP Foundation Extension allows organizations to:
 * Leverage analytical, prebuilt reports to gain new levels of transparency for core processes.
 * Improve employee productivity with a highly usable interface and role-based features.
 * Deploy extensions on-premise, in the cloud, or using a hybrid model.

Reference Links

http://help.sap.com

http://www.sap.com/pc/bp/erp/software/overview.html