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Never heard of it before I came to a University. Here it is the finance package and probably does other stuff as well.
I did a day of training on the financial side (SAP for managers) and have tried to forget it and just ask staff to get me what I want - it was horrible.
Then we got told to do all our own HR stuff online and, surprise, it was a SAP-driven module. So you get a cup of coffee while you are waiting to login, go for a second cup while it retrieves the first screen of your details etc. etc.
I just couldn't work out that graphic - perhaps it is local to the Uni?
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