Technical Glossary
Your comprehensive guide to ERP and technical terminology
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Popular Terms
Bank Reconciliation
SAPFinanceThe process of matching and comparing figures from accounting records against those shown on a bank statement.
CompositeProvider
SAPCore ConceptsA CompositeProvider is an SAP BW object that allows combining data from different sources, like InfoProviders, to create complex analytical models.
Access Sequence
SAPIntegrationAn access sequence in SAP is a search strategy used to determine the correct pricing, condition types, or data retrieval sequence during business transactions.
BADI
SAPCore ConceptsBADI stands for Business Add-In, a SAP enhancement technique that allows functional enhancements to SAP applications without modifying the original code.
Bill of Materials (BOM)
SAPManufacturingA comprehensive list of raw materials, components, and assemblies required to build or produce a product.
Biller Direct
SAPFinanceBiller Direct is an SAP solution that provides online billing services, enabling businesses to present invoices to customers via the web.
Annotations
SAPCore ConceptsMetadata elements in SAP for enhancing application functionalities.
SAP Cloud Economics (FinOps)
SAPFinanceSAP Cloud Economics (FinOps) is an approach that combines financial management, resource optimization, and operational excellence in cloud environments to ensure enterprise cloud operations are cost-efficient and aligned with business objectives.
Accounts Payable
SAPFinanceA module in SAP that manages a company's short-term payment obligations to suppliers and creditors.
Cash and Liquidity Management
SAPFinanceCash and Liquidity Management in SAP is a set of tools and processes that help businesses effectively manage, monitor, and optimize their cash flows and liquidity positions.