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8/10/2019 SAP and FM: Overview
http://slidepdf.com/reader/full/sap-and-fm-overview 1/13
SAP and Funds Management:
Overview
01 September 2014
8/10/2019 SAP and FM: Overview
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Introduction
• What Is SAP?
– SAP (Systems, Applications and
Products in Data Processing), started
in 1972 by five ex-IBMers, is a software
manufacturer that produces a self-titled
ERP application
– ERP (Enterprise resource planning)software provides functionality to
support businesses and governments’
operational needs
– Today, SAP is the 3rd largest software
manufacturer in the world [1]
• Quick Facts
– As of July 2014, SAP had over 261,000customers in 190 countries
– Of all companies in the Fortune 500,
86% ran SAP
– Of all the world’s transactional revenue,
74% touches an SAP system
– FY 2013 revenue was 16.9 billion EUR
[2]
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Who Uses SAP?
• SAP provides solutions for 25industries and 11 lines ofbusiness. [2]
• Industry solutions include:
– Aerospace & Defense
– Defense & Security
– Public Sector(state/local/federal)
– Banking
– Healthcare
– Oil & Gas
• Lines of Business include:
– Finance – Sales
– Sourcing and Procurement
– Supply Chain
[3]
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The 30,000 Foot View
• Business processes and functions arerealized through a combination of standardSAP transactions and customizations
• Industry specific business functions areactivated with industry solutions like “SAPfor Public Sector.” These functions, alongwith baseline functionality, are thenconfigured to the client’s requirements by
SAP functional experts• SAP is customized further by developerscoding in ABAP (Advanced Business Application Programming) – SAP’s object-oriented programming language of choice
• In SAP parlance, system customizations arecategorized as reports, interfaces,conversions, enhancements and forms(RICEF)
• Note: we don’t use the word “modification”since it has its own special meaning in SAPdevelopment. That’s a whole otherdiscussion. Customization assumes we areusing SAP-delivered products and tools.
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What’s Funds Management?
• SAP Funds Management (FM) is
used by many Public sector
agencies to prepare, control and
execute budget .
• When people refer to FM, they are
really referring to SAP PublicSector Management (PSM).
• Public Sector Management’s
components include:
– US Federal Government
– Funds Management – Grants Management (optional)
…but how does FM work?
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Appendix I: SAP RICEF Defined
• Reports include financial
statements and status of funds
reports
• Interfaces include import and
export of system transactional
data• Conversions will take legacy
system data and convert it into
SAP transactional data
• Enhancements are delivered by
SAP and represent areas where
customers can insert their own
customized logic
• Forms include menus, screens
and other UI elements customized
for the client
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Appendix II: Useful Links
• www.sap.com
• www.scn.sap.com
• www.help.sap.com
• www.training.sap.com
• www.service.sap.com • www.support.sap.com
(Service & Support Portal requires S-
ID)
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References
• [1] SAP. (2014). A 42-year history of innovation. Retrieved from
http://www.sap.com/corporate-en/about/our-company/history/index.html
• [2] SAP. (2014). SAP Corporate Fact Sheet . Retrieved from
http://www.sap.com/corporate-en/about/our-company/index.html
• [3] SAP. (2014). SAP Solutions. Retrieved from
http://www.sap.com/solution.html
• [4] U.S. Navy. (2014). About Navy ERP - Information Technology . Retrieved
from http://www.erp.navy.mil/