12-28-2006, 09:56 PM
Dear Mr. Zain Ahmed,
SAP stands for System Application Product in Data Processing. It is an ERP (Enterprise Resource Planning) developed by EX IBMer in Germany in 1974. Currently SAP holds more than worldwide 60% of ERP Market where the next biggest competitor is Oracle Financial with PeopleSoft with 18-20% worldwide market. ERP computerizes all functions of the company interlinking them in such a way the effects of one transaction is felt in different departments. For example. If a Goods is received in the Store, Purchasing is updated and informed that the item has arrived, Accounts gets updated with JV entry Debit Stocks and Credit GR/IR Account, Treasury is alerted that Payment is due and hence cash forecasting is updated. If the Item is to be used in Production as raw material, the scheduling of the Shop floor is updated and hence Sales is updated for possible delivery date.
Each ERP System is divided into modules and training is conducted on each individual modules. If you require more information, Contact me at 0300-279-2979 or office 021-438-7249. I have conducted more than 10 Academies in FI Module.
Thanks,
Rashid Hakeem
SAP stands for System Application Product in Data Processing. It is an ERP (Enterprise Resource Planning) developed by EX IBMer in Germany in 1974. Currently SAP holds more than worldwide 60% of ERP Market where the next biggest competitor is Oracle Financial with PeopleSoft with 18-20% worldwide market. ERP computerizes all functions of the company interlinking them in such a way the effects of one transaction is felt in different departments. For example. If a Goods is received in the Store, Purchasing is updated and informed that the item has arrived, Accounts gets updated with JV entry Debit Stocks and Credit GR/IR Account, Treasury is alerted that Payment is due and hence cash forecasting is updated. If the Item is to be used in Production as raw material, the scheduling of the Shop floor is updated and hence Sales is updated for possible delivery date.
Each ERP System is divided into modules and training is conducted on each individual modules. If you require more information, Contact me at 0300-279-2979 or office 021-438-7249. I have conducted more than 10 Academies in FI Module.
Thanks,
Rashid Hakeem
