What does SAP stands for Is it an accounting or software term?

SAP stands for Systems Applications and Products in Data Processing. It is divided into modules that include Financial Accounting (FI), Controlling (CO), Production Planning (PP), Materials Management (MM), Sales and Distribution (SD), etc. Programming is not a major function of SAP, however it can be configured via its own in-house programming language known as ABAP.

The acronym was once:

Systemanalyse und Programmentwicklung

but what changed to:

Systeme, Anwendungen und Produkte in der Datenverarbeitung