The invention discloses an SAP safety sensitive information system based on many-sided authorization and dynamic password, and can realize that data tables which contain sensitive information are managed according to demands and users and can be classified into specific tables. The system comprises a customized configuration table and a dynamic password table, a customized authorization check functional module, a dynamic password generating module and a many-sided authorization validation module. The system can carry out registration and locking management on a table which contains sensitive information, different users are authorized according to the characteristic of the table, so as to perform the many-sided restriction validation; meanwhile, a dynamic password is set in validation each time; and only if many-sided validation all passes, the registered sensitive information table is unblocked. The SAP safety sensitive information system provided by the invention can protect sensitive information about finance and remuneration very well, and the security, privacy and usability of the system are improved.