Do you own a small business using an ERP that is designed for large businesses and looking to make things easier for yourself? Have you been told about ERP Solutions SAP Business One? You don’t really know enough about it but you are certainly interested in knowing more? Well here is some of the things you will need to know.
What is SAP Business One
SAP Business one is an ERP software platform that is specifically designed for the smaller or middle-sized businesses. It was designed due to the need for these businesses needing ERP software but it is different to the ERP software that is needed by much bigger businesses or organizations. It has functional modules for finance, customer relationship management, warehousing and production management, purchasing and procurement and reporting and analytics.
Some of the Features of SAP Business One
SAP Business One offers a set of tools for financial operations to help with improving business margins, reducing errors and enabling profitable decision making. Some of the tools included in this are accounting, a fixed asset management system and banking and reconciliation features. In Sales and Customer service the SAP Business One allows users to oversee the complete sales process from initial contact to the final sale. It also provides after-sale service and support too. With Purchasing and Inventory SAP Business One improves purchasing practices and controls by allowing the users to manage the cycle of ordering to payment, invoice receipts and returns and payments. It also has the function to be able to generate integrated reports with real time data. For Business Intelligence users can create timely and accurate reports based on the data from across the business. Finally, with Analytics and Reporting SAP Business One allows the user to make better business decisions by using vital data and making it available instantly to the whole company. There are many advantages to using SAP Business One ERP in a small business and it certainly offers the user the ability to develop and enhance their small business.
SAP Business One can be used on premises, in the cloud and via a mobile app. On-premises the benefits of deploying SAP Business One are that it complies with internal security policies, it has direct access to data and it can customize and extend the business process more efficiently. It is also less dependent on internet connection. Some of the benefits to using SAP Business One in the cloud is that it is easy and affordable to implement also to get subscription licensing it means that there is no capital expenditure. You can also be sure to get browser-based access at any time. If you prefer to use a mobile app to access your SAP Business One ERP then you will get comprehensive sales and function services. You will also receive instant access for any employer who wishes to access data from anywhere and it enables employees who are moving around to be more productive.