SAP ERP PACKAGE - Prasoon
SAP ERP PACKAGE - Prasoon
Prasoon Garg
Development of SAP
Enterprise Resource Planning
Enterprise
Enterprise Resource
Resource Inter-Enterprise
Inter-Enterprise Collaborative
Collaborative
Planning
Planning Co-operation
Co-operation Business
Business
Create
Strategic
Value
Automation
Evolution of ERP
SAP ERP, an application included in SAP Business
Suite software, delivers these solutions:
Treasury Applications
Financial and Management Accounting
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
Complete integration with the general ledger ensures
the most up-to-date balances and reporting accuracy
The solution integrates accounts payable and
receivable applications in high-volume environments.
SAP ERP Financials enables you to centrally track financial
accounting data within an international framework of multiple
companies, languages, currencies, and charts of accounts.
Key features and functions include:
Fixed asset, accrual, bank, cash journal, inventory, and tax
accounting
General ledger
Accounts receivable/accounts payable
Fast close functions
Financial statements
Parallel valuations
SAP ERP Financials enables valuation and recording of
financial data, not only for financial reporting, but also as
the basis for all cost- and revenue-related reporting. As a
result, analysts and managers can work with the same
basic data as your company's financial accountants.
Key features and functions include:
Contract, profit centre, project, product cost, profitability
and cost-centre accounting
Investment management
Revenue and cost planning
Transfer pricing
Financial Supply Chain Management
set of applications streamline receivables and collections
management processes
These integrated solutions help in reducing operating
costs, and improving cash flow and reduce days' sales
outstanding
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
SAP FSCM includes the following applications:
SAP Credit Management
Employs sophisticated tools to analyze customer credit worthiness and establish
policy
Helps you avoid overdue accounts and bad debt losses by proactively managing
customer credit risk exposure
SAP Biller Direct
Enables customer access to invoices, account status, and payment information over
the Internet
Integrates seamlessly with your existing customer or supplier facing portals
SAP Dispute Management
Resolves invoice disputes faster and more systematically
Reduces days sales outstanding (DSO) and improve cash flows
SAP Collections Management
Enables the more effective management of past due accounts
Ensures faster collection of delinquent payments though prioritized collections efforts
Treasury Applications
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
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.
Treasury applications from SAP include the following:
SAP Cash and Liquidity Management
Helps you monitor and manage cash flow and liquidity
Generates comprehensive and timely cash forecasts and plans
SAP In-House Cash
Enables centralized control of banking balances, cash management, and payments
Reduces costs of inter unit payments, transfers, and bank fees
SAP Treasury and Risk Management
Models risk scenarios and executes mitigation strategies
Reduces your organization's financial risk levels and ensures regulatory compliance
SAP Bank Communication Management
Streamlines and optimizes your corporate-to-bank communications
Provides straight-through processing, improved payment control, and lower
processing costs
SAP ERP Human Capital Management
Best People and Talent in HR
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 in all industries
worldwide the tools needed to manage their most
important asset: people
The solution helps executives, human resources (HR)
professionals to forecast, plan, and hire the best talent,
as well as cultivate the skills of and train their workforce.
With integrated building blocks and an unmatched
partner ecosystem, SAP ERP HCM supports shared
services and business process outsourcing – further
reducing cost and risk for organizations.
Talent Management
Workforce Process
Management
Work Force
Deployment
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
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
Workforce Process Management
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 Deployment
Deploy the right people with the right skills to the
right positions at the right time
Create project teams based on skills and availability,
monitor progress on projects, track time, and analyze
results for strategic decision making
can use SAP ERP HCM to assign workers to
appropriate jobs, projects, and teams; unify resource
management, project execution, and skills
management; and optimally, schedule call center staff
and retail staff
SAP ERP Operations
Gain Control. Gain Insight. Create Value
Operational excellence is the ability of an organization
to achieve a high level of customer service, while
reducing operating costs
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
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
Procurement and
Logistics Execution
Product Development
and Manufacturing
Quality Management
Travel Management
Enterprise Asset Management
Manage the complete life cycle of an asset
Including the specification and design phase
The build phase supported by procurement activities
The operational phase supported by maintenance
activities
The disposal phase
can reduce operating costs, manage capital
expenditures, and improve asset use and productivity
Manage key asset management activities, including:
Investment planning and asset specification and design
implementation
Maintenance and operations management
processes:
Strategic portfolio management
Project planning
Project Execution
Project accounting
Quality Management
Control and maintain quality and react quickly when
unexpected issues arise throughout the product life
cycle
help meet customer demand for superior products
supports the quality processes related to product
development, production, change management,
service, and maintenance across your organization
enables you to perform:
Audit management
Quality Engineering
Quality assurance and control
Continuous improvement
Real State Management
Manage every stage of the real estate portfolio life
cycle, including:
Property acquisition and disposal
Portfolio management
Technical management of building operations and
maintenance
Investment controlling and reporting
Travel Management
Support and optimize all travel processes, from travel
requests and approvals through planning and
reservations, travel expense management, and
analytics