Can anyone tell me what is SAP and what is it used for?

Question

I basically want to know what is meant by SAP finance and procurement system and how does it work.

Answer 1

It's an accounting software. According to their website,

"Why Consider SAP?
SAP's is the world's leading provider of business software solutions. Yet with 1.2 million users and nearly 80,000 installations, SAP solutions mean far more than software. SAP leverages the best practices that will help your company meet its business objectives today -- and for years to come."

You can learn more at the links.