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Importance Of Sap R/3 SolutionsSAP Company was found by five former IBM employees- Dietmar Hopp, Hans Werner Hector, Hasso Plattner, Klaus Tschira and Claus Wellenreuther. It was founded in Germany in the year 1972. SAP stands for systems, applications, products in data processing. In a year’s time the first financial accounting software was completed which was known as R/1 System. R stands for real-time data processing. The full name of the parent company is SAP AG. It has subsidiaries in nearly 50 countries. SAP AG is the third largest software maker in the whole world and it has nearly 27,000 employers all over the world and over 17,500 customers. It is listed in Frankfurt stock exchange and NYSE. Sap delivers software to small and mid sized companies also. SAP solutions that are used in small and mid sized business are SAP business one, SAP business all-in-one etc. These solutions are affordable, easy to use. SAP business one is specially designed for small concerns mostly for 10 to 100 employees. It covers the core operations to run a successful business like customer relationship management, accounting, e-commerce, reporting and warehousing and partner management. Sap products and services integrate an organization from financials to human resources to manufacturing and sales and distribution. Because of this integration the companies can optimize supply chains, strengthen customer relationships and make correct management decisions. More than 100 midsize companies implemented SAP R/3 solutions. Article Directory: http://www.articledashboard.com
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