SAP stands for: Systeme, Anwendungen, Produkte, German for "Systems Applications and Products." and was founded in 1972 by five former IBM employees in Mannheim, Germany. SAP provides the capability to manage financial, asset, and cost accounting, production operations and materials, personnel, plants, and archived documents.

SAP(Systems Applications and products in Data processing) is an ERP package. it is a business application product which has a interlink of all functional modules. It was founded by five IBM in 1972 in germany.

SAP stands for Systems Applications and Products in Data Processing. It was Founded in 1972 by Wellenreuther, Hopp, Hector, Plattner and Tschira.

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