SAP is the world's leading provider ofbusiness software offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. It is going to help public sector customers to optimize economic stimulus fund. It incorporates the functionalities of helping the public sectors make the best use of economic stimulus fund and hence delivering transparency into spending, accountability and performance evaluation.

The main focus is to help government agencies to manage data accuracy, measure the success of those programs and hone their strategies according to how their initiatives are performing. Improved visibility also facilitates operational effectiveness, collaboration across public sector segments and positive outcomes for citizens-all requirements for stimulus-funded initiatives to be recognized as successful government interventions.

The solution will support business processes across a wide range of government functions, from accounting and procurement to case management and social services. It will help governments leverage their finite time, money, and personnel resources to fulfill mandated program and service requirements on a timely basis. Due to centralization of data at a single place it eliminates the problem of synchronization of changes and hence reduces the risk of loss of sensitive data by consolidating multiple permissions and security models into a single structure.

The need for this software continues to grow at a rapid pace. Corporate globalization, mergers and acquisitions, and business diversification are on the rise. As a result, accounting and finance processes are becoming increasingly complex, making them harder to coordinate, execute, and track. At the same time, the laws and guidelines that govern those procedures, as well as the data they generate, are becoming more rigid and more intricate, posing the risk for stiffer fines and penalties for non-compliant companies.