SAP Financial Management Review

- Backed by the strength of SAP, the largest business software company in the world.
- BSingle system for financial, customer relationship management, manufacturing, and management control capabilities. Embedded CRM..
- Highly customizable.
SAP Financial Management Solutions
SAP Americas is a subsidiary of SAP AG, the world’s largest business software company and the third-largest software supplier overall. SAP Americas’ corporate headquarters is located in Newtown Square, PA, a suburb of Philadelphia. The company’s officers and executives lead a team of professionals dedicated to delivering high-level customer support and services.
Founded in 1972 as Systems Applications and Products in Data Processing, SAP has a rich history of innovation and growth that has made it the recognized leader in providing collaborative business solutions for all types of industries – in every major market. The company, headquartered in Walldorf, Germany, employs more than 46,100 people in more than 50 countries, and serves more than 4343,400 customers worldwide.
With a mission statement that emphasizes experience, knowledge, and technology for maximizing business, SAP has successfully leveraged its extensive experience to deliver a comprehensive range of solutions to empower every aspect of business operations. Organizations of all sizes can use SAP solutions – including small business solutions and solutions for midsize companies – to reduce costs, improve performance, and gain the agility to respond to changing business needs.
By deploying the best technology, services, and development resources, SAP has delivered a business platform that unlocks valuable information resources, improves supply chain efficiencies, and builds strong customer relationships. And through the Global Solution Center, SAP Americas identifies customer needs and develops solutions to meet these needs.
SAP is listed on several exchanges, including the Frankfurt Stock Exchange and the New York Stock Exchange, under the symbol “SAP.”
SAP Key Strengths
- The SAP ERP Financials solution is a comprehensive financial management solution engineered for the most complex, multinational companies across a broad range of industries. As the leading enterprise software solution, SAP ERP Financials enables companies to thrive in a business environment characterized by intensified competition, uncertain market conditions, and increased regulatory oversight.
- A seamlessly integrated solution, SAP ERP Financials combines core accounting and reporting capabilities with financial supply chain, treasury, compliance, and performance management applications. These applications help streamline finance business processes, reduce operating costs, manage risk, ensure compliance, and provide robust and timely business insight.
- SAP ERP Financials simultaneously supports global financial reporting standards, multiple currencies, and languages with over 45 country-specific versions. The solution powers the highest-performing finance organizations in the world.
- Supporting a broad range of industry-specific processes, SAP ERP Financial’s scalable and open architecture can help extend existing financial system investments. It helps customers transform their finance organization into a strategic business partner – one that provides critical business insight and helps drive higher performance and increased shareholder value.
- More than 30,000 best-run businesses in over 120 countries run SAP financial applications.
