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.
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