Agility -helps in rapid and inexpensive re-provisioning of resources • Location Independence - resources

can be accessed anywhere (except on limitations set by company's internal control) • Multi-Tenacity -
resources are shared amongst a large pool of users • Reliability - dependable accessibility of resources
and computation • Scalability - dynamic provisioning of data helps in avoiding various bottleneck
scenarios • Ease of Maintenance - users (companies/organizations) have less work in terms of resource
upgrades and management, handled by service providers of cloud computing AUDITING IN AN IT
ENVIRONMENT FASTTRACK IT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati
City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph Page 8 / 84 SAP on
Cloud QG Template_IT Audit.doc printed on 8/17/2020 4:11 PM Introduction to SAP SAP (stands for
Systems, Applications and Products in data processing) is a European multinational software corporation
founded in 1972, headquartered in Walldorf, BadenWurttemberg, Germany with regional offices in 180
countries. It is founded by five IBM engineers namely Hasso Plattner, Klaus Tschira, Claus Wellenreuther,
Dietmar Hopp and Hans-Werner Hector. SAP is considered as one of the world’s largest business
software company: • Commands 67% share of the Business Software Market • 12 Million Users. 95,000
Installations in more than 130 countries • 1,500 Partners. 25+ Industry Solutions. 60,000 employees It is
the recognized leader in providing collaborative business solutions for all types of industries and for
every major market globally. Some of SAP users in the Philippines and worldwide: AUDITING IN AN IT
ENVIRONMENT FASTTRACK IT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati
City 1200, Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph Page 9 / 84 SAP on
Cloud QG Template_IT Audit.doc printed on 8/17/2020 4:11 PM SAP Business One SAP Business One is
an ERP (Enterprise Resource Planning) Solution. It is arranged into 15 functional modules, automating
the major functions in a business organization. This system prides itself on having the following
characteristics: • Integrated • Real-time • Flexible • Easy to use AUDITING IN AN IT ENVIRONMENT
FASTTRACK IT ACADEMY l GF King’s Court Bldg II., Chino Roces cor. Delarosa Sts., Makati City 1200,
Philippines l Telephone Number: 63.2.759.4348 l www.fitacademy.ph Page 10 / 84 SAP on Cloud QG
Template_IT Audit.doc printed on 8/17/2020 4:11 PM Benefits SAP Business One: On Premise vs. On
Cloud Fasttrack IT Academy formerly offers SAP Business One – On premise with our university and
collegiate partners. To be able to provide our partners with the most recent business solution trends in
the industry, we have decided to open the doors on the latest cloud computing developments, thus
offering SAP Business One on Cloud. The following are the differences between SAP Business on Premise
and SAP Business on Cloud: