How to understand SAP technology and its prominence in the business world

Learn all about SAP and the benefits it can provide to innovative businesses in all types of industries

In a company, it is essential that all departments are constantly communicating with one another and systems are consistently updated to ensure business success. 

One of the best ways to guarantee these goals are met is by utilizing SAP, the global standard for enterprise resource planning (ERP) software, and integrating it with other specialized and automated software systems. [1] 

Previously called System Analysis Program Development, SAP customers generate 87% of total global commerce and 97% of the world’s greenest companies run on SAP. [2]

Continue reading to learn about how the SAP system works, what makes it different, and why it is at the forefront of the business management sector.

What is SAP?

Founded in Germany in 1972, SAP is a global leader in the software development segment with its integrated applications that connect all parts of a business into a cohesive digital platform. [1]

Created with the intention of centralizing a company’s data management, SAP allows employees from different departments of a business to have access to various information about the organization’s functions, such as real-time updates of the company’s stock.

How does the SAP system work? 

The SAP software is a standard system that helps companies improve and modernize functions alongside technological innovations to grow in a sustainable way.

The SAP system collects and processes your company’s information and integrates it into a single platform. The registered data can start simple, such as to register the purchase of raw materials for your organization, followed by the process of listing the production of the items, and updating the perceptions, comments, and the level of satisfaction of the final customer.

The information collected by the software can also be used to make forecasts about your company’s functions, such as the future need to repair equipment or the estimated financial growth from a certain time period. All data recorded by the SAP system can be installed on-premises or in the cloud, which is an especially popular option with SAP having a cloud user base of approximately 245 million. [2]

What are the advantages of using SAP software?

By integrating SAP software with your company’s existing data system, your organization’s information can be managed with real-time updates.

The main advantages SAP can offer your company include:

• Less complex generation of data
• Faster workflows
• Real-time, enterprise-wide insights
• Improved operational efficiency
• Increased productivity, and
• Better customer experiences.

What are the SAP performance areas? 

The solutions provided by the SAP system best perform with the following:

• Business technology platform
• Digital supply chain
• Customer relationship management (CRM) and customer experience
• Growth companies
• Enterprise resource planning (ERP) and finance
• Experience management
• Expense management and networks
• Human resources (HR) and staff recruitment
• Industry solutions
• Digital transformation

How INFLOR works with SAP

At INFLOR, we are committed to utilizing the latest and best technological solutions that help our clients’ grow, which is why we’re proud to be an SAP Service Partner since 2006. This partnership allows us to align our forestry market knowledge with SAP’s information management expertise to produce a unique, innovative product that helps make our clients more sustainable and the world more green!

Interested in partnering with INFLOR?
Learn more about INFLOR Forest or request a demo today.

Sources:

1: SAP | What is SAP? 

2: SAP Global Communications | SAP: The World’s Largest Provider of Enterprise Application Software