SAP
The full form of SAP is Systems Applications and Products in Data Processing. SAP is a German software program company whose items permit businesses to track client and business intelligence.
SAP, or Systems Applications and Products, is a widely-used enterprise resource planning (ERP) software. SAP creates a centralized system for businesses that enables every department to access and share common data to create a better work environment for every employee in the company.


Benefits of SAP
The volatility of the business environment causes many firms to adopt reactive strategies rather than proactive ones. However, reactive strategies are typically only viable for the short-term, even though they may require spending a significant amount of resources and time to execute. Strategic planning helps firms prepare proactively and address issues with a more long-term view. They enable a company to initiate influence instead of just responding to situations.


Systematic approach
This is often the most important benefit. Some studies show that the strategic planning process itself makes a significant contribution to improving a company’s overall performance, regardless of the success of a specific strategy.
Enhanced Communication
Communication is crucial to the success of the strategic planning process. It is initiated through participation and dialogue among the managers and employees, which shows their commitment to achieving organizational goals.
Empowers individuals working
The increased dialogue and communication across all stages of the process strengthens employees’ sense of effectiveness and importance in the company’s overall success.