The term ERP stands for Enterprise Resource Planning.
An ERP system is a complex, integrated software solution. Companies use these solutions to plan, control and manage all their resources. Resources here means, for example, capital, operating resources and material.
In recent years, companies have increasingly moved all or part of their ERP systems to the cloud and operate them web-based.
SAP's first software was called SAP R/1, which was not yet an ERP software, but a standard software for financial accounting.
Gradually, however, other business areas such as purchasing, inventory management and asset accounting were added. In 1979, the SAP R/2 system followed.
SAP's current ERP system is called SAP S/4HANA. This solution came onto the market in 2015 and followed SAP ERP Central Component (SAP ECC or SAP ERP 6.0).
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