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Technical Glossary

Your comprehensive guide to ERP and technical terminology

Popular Terms

Bank Reconciliation

SAPFinance

The process of matching and comparing figures from accounting records against those shown on a bank statement.

CompositeProvider

SAPCore Concepts

A CompositeProvider is an SAP BW object that allows combining data from different sources, like InfoProviders, to create complex analytical models.

Access Sequence

SAPIntegration

An 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 Concepts

BADI 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)

SAPManufacturing

A comprehensive list of raw materials, components, and assemblies required to build or produce a product.

Biller Direct

SAPFinance

Biller Direct is an SAP solution that provides online billing services, enabling businesses to present invoices to customers via the web.

Annotations

SAPCore Concepts

Metadata elements in SAP for enhancing application functionalities.

SAP Cloud Economics (FinOps)

SAPFinance

SAP 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

SAPFinance

A module in SAP that manages a company's short-term payment obligations to suppliers and creditors.

Cash and Liquidity Management

SAPFinance

Cash 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.