SAP is a market leader in providing ERP (Enterprise Resource and Planning) solutions and services. In this chapter, we will try to understand more on ERP and where it should be used. In addition, we will learn the implementation techniques of ERP along with the ERP packages available in the market
What is ERP?
Enterprise Resource Planning (ERP) is a software that is built to organizations belonging to different industrial sectors, regardless of their size and strength.
SAP ABAP :
ABAP (Advanced Business Application Programming) is the default programming language for SAP applications. This course will teach you basic to advance ABAP programming.
SAP HANA :
SAP HANA is a comprehensive platform that combines a robust database with services for creating innovative applications. It enables real-time business by converging transactions and analytics on one in-memory platform. Running on premise or in the cloud, SAP HANA untangles IT complexity and democratizes in-memory com-puting, bringing huge savings in data management and empowering decision-makers everywhere with new insight and predictive power.
SAP FICO :
SAP FICO is a module used for financial reporting both externally and internally. The objective is to record all financial transactions that are posted by an entity and produce financial statements that are accurate at the end of the trading period. Full form or SAP FICO stands for FI (Financial Accounting) and CO (Controlling). This tutorial is going to explain the major functionalities with SAP FI module.
SAP PI :
Apart from Legacy Systems, in a large business establishment, SAP ERP does not consist of a single system but several integrated systems i.e. CRM, SRM and FICO etc. To handle with such complexities SAP introduced Process Integration a platform to provide a single point of integration for all systems without touching existing complex network of legacy systems. This is a powerful middleware by SAP to provide seamless end to end integration between SAP and non-SAP applications inside and outside the corporate boundary. SAP PI supports B2B as well as A2A exchanges, supports synchronous and asynchronous message exchange and includes built in engine for designing and executing Integration Processes.
SAP FI :
SAP FI stands for Financial Accounting and it is one of important modules of SAP ERP. It is used to store the financial data of an organization. SAP FI helps to analyze the financial conditions of a company in the market. It can integrate with other SAP modules like SAP SD, SAP PP, SAP MM, SAP SCM, etc.