SAP, which stands for Systems, Applications, and Products in Data Processing, is a leading multinational software company headquartered in Germany. It specializes in enterprise resource planning (ERP) software and offers a wide range of business software solutions to help organizations manage their operations effectively. SAP's software solutions cover various functional areas such as finance, human resources, supply chain management, customer relationship management, and more. The company provides both on-premises and cloud-based software options to cater to the diverse needs of businesses.