P2P SAP ERP

  What does SAP stand for? (What is SAP full form?)    Systems , Applications and Products in Data Processing .  P eople often ask, “How do you say SAP?” It is an initialism, not an acronym, therefore, it is pronounced as individual letters (S-A-P). SAP is not pronounced as a word (“sap”).  What is ERP software? ERP stands for “enterprise resource planning.” ERP software includes programmes all core business areas, such as procurement, production, materials management, sales, marketing, finance, and human resources (HR). SAP was one of the first companies to develop standard software for business solutions and continues to offer industry-leading ERP solutions. Now P2P PROCESS IN SAP ERP  :  P2P Stands for Procure to Pay. Procure to Pay Cycle Consists following process :  Creating Purchase Requisition. Request for Quotation Quotation Creating Purchase order Goods Receipt Note Invoice Verification Vendor Payments Purchase Requisition :    ...