Most modules within companies tend to work in isolation. This causes redundancies and makes it difficult to collaborate. An ERP simplifies this by centralizing the data, allowing seamless and real-time data sharing automatically without requiring any manual effort. Additionally, this process is completed faster with higher visibility, ensuring that every stage and outcome is tracked and optimized.
ERP brings with it high ROI and savings through streamlined processes and maximized workflow efficiency. With great scope for cost savings and high productivity, implementing an ERP could go a long way in helping companies survive and thrive in these difficult economic times.
SAP Business One is one such ERP solution.
Introducing SAP Business One
Unlike accounting software and spreadsheets, SAP Business One has been specifically designed with flexibility and ROI of small and medium enterprises (SMEs) in mind. This means that SMEs can minimize their Total Cost of Operations (TCO) while implementing an intelligent ERP in a matter of days customized as per their current and future requirements.
Let’s take a more in-depth look at why SAP Business One would be a perfect fit for SMEs such as yours.
Why you need SAP Business One?
- To take complete control over your finances.
SAP Business One – with a wide range of tools and features – will help you better manage and streamline your financial processes.
For instance, It will enable you to automate the recording and processing of everyday accounting tasks such as maintaining ledger and journal entries, supporting tax calculations, and reconciling accounts. This way, you’ll possess an eagle-eye view of your cash flows and budgets to estimate where your business stands at a moment’s notice.
In fact, by integrating your financial operation in real-time with other business processes, such as purchasing and sales, you can speed up your transactions and improve financial outcomes.
- To build robust processes.
SAP Business One is equipped to provide end-to-end support to all processes across all modules within your company. It does so by collecting, sorting, and consolidating information from all modules, comparing past data with the existing data, and producing an actionable report to summarize its findings using a centralized data system. This will help your company streamline whole processes from the back-end to the front-end, improving efficiencies while cutting costs.
For instance, this proves particularly useful for the sales department –
- Synchronize goods receipts and inventory levels in real-time so that there is never a drop or pause in sales due to non-availability.
- Empower sales teams to manage information on the move to reduce errors and duplication.
Click here to find out how Akshay Software Technologies Limited helped a leading Mumbai-based pipe manufacturer leverage this unique feature of SAP Business One to both modernize and standardize its core operations.
- To delight your customers.
In the midst of ever-changing market conditions, where customers have truly become the “kings”, maximizing existing customer relationships will be key. The only way to do that is for your company to collect and leverage customer information to provide a personalized shopping experience across multiple touchpoints.
SAP Business One has an intuitive UI capable of overseeing the entire sales process and the complete customer lifecycle. For instance, it has the provision for maintaining and managing
- Warranty contracts and service agreements through a centralized system that automatically updates and intimates customers of pertinent information.
- Store all customer data in one place by synchronizing and managing customer contacts in Microsoft Outlook to eliminate duplicate contacts and redundancies.
- To scale seamlessly and effectively.
As your business grows, an ERP must grow with it. Its functions must expand into maintaining a widespread customer base, handling supplier relationships, sustaining higher volumes of transactions.
Backed by the leaders in the financial, technology, and Enterprise Resource Planning software solutions spaces, SAP Business One provides a reliable and robust framework to grow. It is – specifically – designed to resolve problems that your business would face in relation to scaling effectively. For instance, SAP Business One can:
- Oversee the entire sales process and customer lifecycle across multiple markets
- Manage cash flow, track fixed assets, control budgets, and monitor project costs across multiple jurisdictions
- To have more confidence and faith in your decisions.
By offering end-to-end visibility using real-time data and advanced reporting, SAP Business One provides a comprehensive view of the performances of every module within the company, both at an individual module level as well as the states of the modules in-tandem with each other. End-to-end visibility simplifies and improves decision-making.
For instance, actionable insights based on this real-time data will allow your business to better anticipate customer expectations and improve outcomes, making the business better equipped to recognize risks in advance and take actions to mitigate them.
The Final Word
Like many of your competitors, you want to focus on growing your business, but instead, you find yourself dealing with ad hoc requests and operational details. Meeting these challenges is difficult, expensive, and time-consuming.
When key pieces of information reside in different systems or locations, response times can lag and create customer dissatisfaction. And disjointed sales, accounting, and operational processes inevitably result in bottlenecks and reduced productivity. Meanwhile, your competition is making it hard for you to find and keep customers.
SAP Business One can help your business see clearly, think clearly, and act clearly so that you can close the gap between strategy and execution.
About Akshay Software Technologies Limited
Founded in 1987 and based in Mumbai, India, Akshay Software Technologies Limited is one of the leading SAP Business One Silver Partners that provides SAP Business One ERP Consulting, Implementation, Support, and License resale. With the experience and the expertise to successfully power the digital transformations of SMEs across various industries, Akshay Software Technologies Limited is committed to helping businesses leverage the opportunities of the future.