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Managing business has always been challenging. Managing the time and cost of projects is one of the biggest business challenges as reported by 62% businesses in a survey while paper-based approval process was reported to be the second biggest challenge.
Managing a business gets a lot easier and less challenging if you’ve access to the right tools and resources. SAP Business One is one among them that is developed for small and medium-sized businesses.
It is a business management software that’s developed by SAP SE. It helps automate primary business functions such as finance, human resource, and operations. It comes loaded with tons of benefits for small as well as mid-sized businesses.
Manage full business from a single software
SAP Business One is a perfect solution for any business. It works with all the types of businesses and the best aspect is its ability to let you manage every business process. It is not just an accounting tool instead it is a complete business management software.
It manages your entire business.
Once you’ve it installed and implemented, you’ll never need any other tool for business management or reporting.
Automates your business
It is not an automation tool but in reality, it puts an end to manual work once and for all.
It automates your business by reducing manual work and reporting, fixing duplicate entries, channelizing work processes, and reporting. No exaggeration here but this is what SAP Business One is all about.
For instance, Materials Requirements Planning (MRP) will help your manufacturing department in procurement and production planning by scheduling and managing materials. It will schedule manufacturing tasks based on several variables thus helping your manufacturing team by automating things that they once used to do manually.
Integrates functions and departments
If communication among departments has been your business’s biggest challenge, SAP Business One can help you with that. It keeps everything integrated whether it is your departments, processes, functions, or individuals.
Think of a connected organization where everyone knows what one has to do and when it has to be done. The SAP Business One will integrate your departments in a way that they work automatically by taking inputs and supplying output to other departments.
For instance, data from purchase department will be used in the finance and accounting departments which will then be used by manufacturing and sales department.
Similarly, when a new order is received. The inventory, sales, and accounts will be updated accordingly without any manual interference.
Works with all the industries
You can use an industry-specific solution for your business. It works with all the industries ranging from retail to manufacturing to consumer products to services to wholesale distribution.
You’ll get a customized industry-specific software.
For instance, for wholesale distribution industry, the SAP Business One is equipped with tools that help with supply chain and supplier management, chargeback management, advanced order processing, and in-depth reporting.
For profession services industry, the solution is customized for end-to-end business management, CRM, resource supply management, and business process management.
You get all of the stuff that you need for your business and don’t get anything that’s unrelated. This customization makes SAP Business One extremely flexible and adaptable.
Advanced reporting and analysis
How’d you feel if you’ve the power to get insights to your business reporting in real-time?
When you can see what’s working and what isn’t working in real-time, tweaking and controlling gets easier. SAP Business One generates alerts, advanced reports, and gives you the ability to monitor your business in real-time.
This allows you to fix what isn’t working and scale what’s working right on time.
For instance, if the sales of a certain product double in a specific market segment overnight, you’ll get an instant alert. You can then cover inventory deficiencies, monitor the marketing strategy, and can copy the same marketing strategy to other target markets.
This can be done in a few hours after you’ve received the alert.
Now compare it with the scenario where you run sales report at the month-end. By the time you’ve the reports, the damage has already been done in the form of shortage of products.
Easy-to-use
Did I tell you that using SAP Business One is easy rather fun?
Well, it is.
Not just that it is easy-to-use but implementing it is easier. Switching to SAP Business One won’t take months, it will hardly take a week or two.
Once it is implemented, your employees need minimal training. It has a graphical user-interface just like the operating system on your laptop. Using it is a piece of cake. Even if a group of employees needs training, they can go through the training material available inside the software.
Better yet, the mobile app will make your employs life fun. They can use it on the go.
Conclusion
Who said managing a business is hard? It is as long as you aren’t using SAP Business One. Once you know what you’re missing, running a business gets easier than morning walk.
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