Commercial & Finance

MIF meaning in oil and gas

Definition

Management Information Foundation

MIF means Management Information Foundation. During 2006, SAP-based accounting systems started to be deployed based upon two main 'foundations' - firstly, the Global Financial Template (GFT) for SAP R/3 Financials…

During 2006, SAP-based accounting systems started to be deployed based upon two main 'foundations' - firstly, the Global Financial Template (GFT) for SAP R/3 Financials (common accounts, common data structures) and, secondly, MI data warehouse solutions based upon a common MI Foundation template, with business or region-specific SAP BW systems feeding up into the beginnings of a group-wide SAP Central Instance.

✓ Verified term

You might also be looking for