What Are The Real Life Benefits of SAP Business One for Businesses of All Sizes

PostedOn: 2018-11-22 16:26:09

everal operational challenges are a constant headache for some business operators, including the ability to drive growth, cash flow management, adherence to government regulations, as well as the hiring and management of staff. On the contrary, investing in SAP Business One addresses the worries of most business operators by ensuring that such business constituents as finances, inventory, production, reporting, HR systems, and purchasing, are accessible from one source. The implication, in this case, is that SAP Business One avails several business benefits and so if you are planning to grow your enterprise, here is what you can expect as a result of adopting this solution.  Ability to Anticipate Customer Needs SAP Business One allows your sales force and customer relationship management functions to interact, which means there is provision to share information on how to improve pipeline accuracy. Additionally, tracking of prospects is enhanced through the interactions of your s

What Are The Impact of SAP Business One on Your Business Operations

PostedOn: 2018-11-22 16:16:41

very organization has unique requirements, and as a business owner, you need to priorities what you expect your business to achieve. Some of the things that may top the list of most entrepreneurs include customer satisfaction, cost reduction and achieving efficiency in operations. SAP Business One can help you gain what you need and much more, which is why most companies are investing in this solution. Here are some details on the positive impact of SAP Business One on your business operations. Promotes Better Service Delivery Customers form the backbone of every business, and it is necessary to address their interests, concerns, and requirements accordingly. The reason is that the success or failure of any organisation depends on the relationship it establishes with its clients. Therefore, when you opt for SAP Business One as a tool to enhance better service delivery to customers, it is possible to build long-term relationships with them. SAP Business One will avail details rega

SAP Business One Modules and The Role They Play

PostedOn: 2018-11-22 15:33:35

s your business grows, you may discover that your existing systems are not serving your current requirements as you expect. Consequently, you may revert to using such legacy options as spreadsheets, and as a result, you will end up with multiple records at various locations. Therefore, finding a solution to support bookkeeping procedures and respond to your industry requirements accordingly is critical. SAP Business One is one of the solutions you can consider adopting because it can serve the needs of businesses in various industries no matter their size. Here are some of the modules that comprise SAP Business One and the role they play. Reporting Monitoring your business operations at all levels is critical towards achieving success. SAP Business One can help you track performance closely, and it also encourages regular reporting relating to various activities through ERP. Consequently, there no delays whenever issues arise because the EPR software captures any anomalies in ti

What Are The Manufacturers Benefits For SAP Business One

PostedOn: 2018-11-19 17:40:22

anufacturers, even small to medium-size ones, deal with more orders and moving parts than can be managed manually. Having mechanical machinery and computer software is important to the lifeblood of any manufacturing deposit, but not just any software will do. Implementing Enterprise Resource Management (ERP) solutions benefits companies by creating a level of efficiency that can't be found in other software. The benefits of ERP solutions like SAP Business One are numerous. 1. Rapid Product Delivery Delivery of the right product to the customer is a monumental task, especially when multiple orders are changing from moment to moment. A single miscalculation could reduce the pace of production and cause delays in delivery. This can only lead to disaster as customers become dissatisfied. trust track of raw material orders and warehouse storage requires a streamlined process that can be tracked by a single operating system. This is where ERP systems come in. Multiple operations can be tr

How Much SAP Business One Cost? It Depends on You

PostedOn: 2018-11-19 17:10:45

eople often ask how much it costs to have SAP Business One in a small or medium-sized business. Having performed hundreds of SAP B1 implementations, our experts agree: the cost of SAP B1 depends on how organized a customer is for realization. With system implementation being the majority of the cost, your company can control how much you spend on SAP B1 by preparing for the accomplishment before you let your SAP consulting partner in the door. There are three high-impact cost factors you should address before engaging your implementation consultant: process documentation, data cleansing, and training. Process Documentation One of the recompense of a modern ERP system like SAP B1 is its ability to help companies standardize information and methods of operation. SAP Business One reinforces process rules and eliminates workarounds at all stages of the product value chain. But perhaps surprisingly, B1 creates neither the values nor the processes – you do. You must create and docum

Why Busy managers Use SAP Business One WMS Solution To Overcome Supply Chain Challenges

PostedOn: 2018-11-13 17:23:16

treamlining the supply chain, simplifying IT, and optimizing the warehouse from order management to fulfillment is key if a busy growing miniature to midsized enterprises (SMEs) is to run an efficient warehouse in 2018. Here are five challenges that your company can overcome with the SAP Business One WMS Solution today. 1. Casting a Wider Net Through Order Management In 2018, your customers expect to be able to conduct business with you in the channel they prefer. While you can take orders by phone, fax, and email, these methods require manual data entry and increase the chances of errors in orders. What’s more, any added constraint in doing business with your company may give a customer into your supply chain reason to look to the competition for more convenient and modern methods of doing business. How easily your current business management solution will integrate with web portal solutions to extend reach can impact a business' ability to win new business.  2. Inventory and Tr

How To Make IT Management Simple with SAP Business One

PostedOn: 2018-11-09 14:09:30

or most small enterprises, it is a priority to keep IT simple, but effective because the IT resources required to deploy and maintain complex software is not always attainable. One of the benefits of this solution is that it is no longer necessary for third-party analytics software that complicates your IT landscape. You can deploy your systems without disturbing normal business activities. Once implemented, your ERP, analytics, and reporting software come from a single software vendor  SAP. All functionality is available through the familiar interface to SAP Business One, so no end-user training is required to get staff members leveraging the power of real-time analytics and reporting. With the analytics available for SAP Business One, you benefit from: Better, faster decision making thanks to fast reporting and enterprise search functions More efficient and empowered employees because they can generate standard, ad hoc, and live reporting using Microsoft Excel – without IT

SAP B1 Automation Tools For Notifications & Alerts

PostedOn: 2018-11-09 13:59:15

s a fully integrated, end-to-end organizational management application, SAP Business One provides organizations with a stable and efficient platform that manages most business tasks. It holds a wealth of critical organization, management, and SAP automation tools, yet businesses still rely on employees to manually monitor and react to data changes. This manual approach is prone to errors and is an inefficient use of employee time. This is especially true when it comes to notifications and alerts. It is expected, in this day and age, that a customer is sent an order acknowledgment and informed of a delivery date and time when an order has been placed. With orders coming in from a wide variety of channels, from telesales to online marketplaces, being able to manage the delivery of these orders can be a time-consuming process. Processing delivery order notifications within SAP automation tools has to be performed manually, which takes up valuable time and resources. SAP B1 Automation T

What Are The Top 10 Reasons SMBs Choose SAP Business One

PostedOn: 2018-11-09 13:43:22

o cut through all of these solutions, following are the top 10 reasons small and mid-sized organizations choose SAP Business One to help transform their businesses. 1. Complete SAP Business One delivers a complete, incorporated and affordable ERP solution for small to mid-sized businesses. 2. Leadership SAP Business One is predictable as a long-time front-runner by industry experts and trusted by 200,000+ small to mid-sized customers. 3. Numerous choices SAP Business One is also flexible in its ability to integrate and play nice with other platforms. Our network of technology partners offers a number of solution integrations and additional features to customize solutions and ensure our regulars receive all the help they need just from working with a single consultant. 4. Industry specific As an SAP Business One cohort, has decades of expertise in working with various industries and aiding them in building an ideal business system setup. 5. Time to Value Make faster, more

SAP Business One more than just a powerful WMS system

PostedOn: 2018-10-24 16:01:34

ow many different systems do you use to manage your wholesale and distribution business at the moment? It’s likely that your finance team is using one system to control cash flow and your warehouse uses another to manage levels of stock. If you boast several routes to market, you may have even more systems in place. It’s a common theme across small businesses who tend to collect different systems as they grow and evolve. However, it’s these same systems that are also holding back your business from succeeding to the next level. If you’re spending time moving data between different systems and information seems to fall through the gaps then you’ve got an issue. Without clear visibility into operations or your warehouse you’re simply not able to make accurate and informed decisions. Common problems Unfortunately for wholesalers, this often results in unnecessary investment in stock that just collects dust in your warehouse. Or, perchance you can’t meet customer order b

How You Can Create a Smart Warehouse with SAP B1 WMS

PostedOn: 2018-10-24 15:48:28

re you often frustrated by inaccurate stock levels? Or left unimpressed about the time it takes it takes to pick customer orders? It sounds like it’s time for a warehouse management system (WMS) in your business. Poor warehouse management is a regular issue in growing businesses. With space at a premium, stock is often placed in the wrong position. It happens all the time. If you struggle to find your items when you’re trying to pull together important orders, then you need an mechanical inventory and warehouse management system. It’s what all the big businesses use to manage their stock and meet their customer commitments. But don’t panic, there’s software out there intended at smaller operations designed to meet your requirements and your budget! WMS Benefits There’s lots of recompense to deploy a sophisticated WMS system. These include: Improved stock accuracy Increased order fulfillment The ability to meet customer requirements Goods in and out are tracked i

How SAP B1 protect your ERP solution from cyber attacks

PostedOn: 2018-10-24 15:37:08

number of recent high-profile cyber-attacks have put the issue of security back under the microscope. Unfortunately for small businesses, it’s not only large organizations that are being targeted. To get some essential tips your business can use to protect its data and prevent your business being under threat from malicious viruses. With SAP Business One Apps range you’ve already got a high level of protection. But it’s important to remember that your ERP solution is just a part of a collection of resources your businesses uses on a daily basis. There are other operating systems, web services, database systems and programming frameworks that make up your infrastructure. 1. Back up your data The most important thing to do to ensure you’re protected against viruses such as Ransom ware is to ensure you have a full and complete backup of data. Create a regular backup schedule to an external drive or a backup service – one that is not assigned a drive letter or is disconnecte

What Are The 8 Best secrets to Successful SAP B1 ERP Implementation Services

PostedOn: 2018-10-16 16:25:06

ou want to Start an ERP implementation, but  chief executives aren’t fully on board. How can you built the  SAP Support of your leadership team? Basically, every project  would comes down to one thing, the potential ROI. Here are 8 Secrets tips  for Improving a business case to satisfy the executives to support in new technology.  8 Secrets For SAP B1 ERP Implementation Services Connect the problem to the base line:  Maybe you’re hoping ERP software will helps employees team to keep up with enlarging workloads. Perhaps you’re having a hard situation for accessing real-time data. Regardless of your reasoning, the best way to pitch your plan is to connect it to your organization’s base line. Exhibit The multiple opportunities for Development. One member  buy’s the numerous profits what’s not to love? Most business technologies touch many areas of an organization. This makes them a valuable investment. To  make strengthen your value proposition

What Are The Top 7 Powerful Capabilities of SAP Business One

PostedOn: 2018-10-16 15:49:50

re you using SAP Business One already? If so, you may want to check out some of these feature functionalities and consider using them if not already. If you do not boast SAP Business One, you may look at this post as a sneak preview of some powerful features of the product that will help you should you consider SAP Business One. 1. Activities This feature enables a user to create a list of tasks to be done in conjunction with a patron, vendor, internal user, other employees and assign them to the concerned person. The recipient of an activity gets an alert/reminder (internal message or email or SMS) for the same if the activity is not done in the specified time. 2. Recurring transactions This feature helps out automating business transactions that are repetitive in nature. A user can create as many such recurring transactions as need. The system will pop-up a task list on the required date to the user as soon as it detects a login. Further, the user can complete the transaction f

SAP Business One Prepare For A New Season With A Warehouse Management System

PostedOn: 2018-10-13 15:53:17

t's that time of the year where we pack away our winter jackets, but this means that the holiday season will be upon us very soon! As the days go by, all retailers will be preparing to jump into another positive sales season. We can expect this year to be another big online shopping season, with an estimate that over half of holiday purchases will be made online. As a result of the increase in online shopping, the challenges for retailers increase because of the high importance of order fulfillment. When it comes to SAP B1, one of the most significant aspects of the supply chain is the order fulfillment aspect. The order fulfillment stage is the last impression that retailers will be able to make on the customer who has made the order. This raises the stakes a little higher, in addition to raising the level of expectations. With the right resources, tools, and plans in place for a warehouse, retailers will be able to deliver on the promises made to the consumers with little to n

How SAP B1 Finding the Right Strategies to Grow Your Food Processing Business

PostedOn: 2018-10-13 15:32:43

AP Business One Managing a food production business has its share of challenges, but with the right strategy, your company can elevate revenues, lower costs and find a healthier bottom line. Controlling perishable resources and finished products requires integrating various departments within the supply chain. Without proper planning, achieving this visibility and control can be challenging for management and key decision-makers. The complexities of increased sales, new products and an expanding market can be managed successfully by utilizing software that ensures the integration of all aspects of your supply chain. Real-Time Oversight Escalating sales in a food production business requires real-time oversight and can be accomplished with recent advances in software access. Being able to analyze distributors of your raw goods and inventory can lower the costs of unnecessary production and unusable stock. Integrating this technology with the ability to see user demands will increase

What Are The Benefits of Opting for SAP Business One

PostedOn: 2018-10-09 15:18:08

mall and mid-sized companies experience various challenges when they are on the verge of a transition, which may make the process of change an overwhelming ordeal. For that reason, business operators who have outgrown their current systems may fail to adapt their operations to the prevailing market conditions becaus they lack the necessary solutions to facilitate business adaptability. SAP Business One becomes the viable solution that enterprises of all sizes can adopt to secure their future because it is customizable. Here are some of the benefits of opting for SAP Business One:     Prompt Set Up The decision to install new systems in most organizations is often a result of the need for an overhaul of the existing systems to improve the delivery of services to customers. However, if installing a new system in your enterprise involves a lengthy procedure, your business may suffer several challenges including unnecessary delays and missed deadlines or deliveries. Whenever you fa

SAP Business One Modules and The Role They Play

PostedOn: 2018-10-09 14:55:16

s your business grows, you may discover that your existing systems are not serving your current requirements as you expect. Consequently, you may revert to using such legacy options as spreadsheets, and as a result, you spirit end up with multiple records at various locations. Therefore, finding a solution to support bookkeeping procedures and respond to your industry requirements accordingly is critical. SAP Business One is one of the solutions you can consider adopting because it can serve the needs of businesses in different industries no matter their size. Here are some of the modules that comprise SAP Business One and the role they play. Reporting Monitoring your business operations at all levels is critical towards achieving success. SAP Business One can help you track performance closely, and it also encourages regular reporting relating to various actions through ERP. Consequently, there no delays whenever issues arise because the EPR software captures any anomalies in time

What Are The Real-Life Benefits of SAP Business One for Businesses of All Sizes

PostedOn: 2018-10-09 14:42:35

everal operational challenges are a constant headache for some business operators, including the ability to drive growth, cash flow management, adherence to government regulations, as well as the hiring and management of staff. On the contrary, investing in SAP Business One addresses the worries of most business operators by ensuring that such business constituents as finances, inventory, production, reporting, HR systems, and purchasing, are accessible from one source. The implication, in this case, is that SAP Business One avails several business benefits and so if you are planning to grow your enterprise, here is what you can expect as a result of adopting this solution. Ability to Anticipate Customer Needs SAP Business One allows your sales force and customer relationship management functions to interact, which means there is provision to share information on how to improve pipeline accuracy. Additionally, tracking of prospects is enhanced through the interactions of your sale

Why We Need SAP implementation services for best practices

PostedOn: 2018-10-04 16:58:18

ake your business successful with sap implementation which protects your time and investments with a good results for your business There are some possible dangerous risk  along the way, however. Dynamo worked with some of the world’s largest companies and most demanding SAP enterprises, we are able to recommend SAP best practices that can enable your business organization to achieve the maximum results of SAP while enjoying a smooth implementation process. Plan with a business overview for SAP implementation SAP is ERP software The main discussions will be done on SAP implementation to focus on the technical aspects of SAP landscape. Its necessary that SAP is business software and it is necessary to assume a keen focus on business factors when implementing SAP. What are you trying to Achieve? SAP protects  your business. Your SAP implementation should stand on the basement  of your most essential business dreams and goals strategy. With an instance, if your objective is to ga

Why SAP Business One is perfect for your SME

PostedOn: 2018-10-04 16:34:44

AP Business One has been designed specifically with SMEs in mind. It explains why around 80% of all SAP’s customers are small to medium-sized businesses. After a recent report found that more small businesses are choosing an ERP solution from deplete it’s clear that any misconceptions about SAP Business One being too big for growing companies is thankfully a thing There are now more than 55,000 SMEs running SAP Business One daily to grow their business. Here are five reasons why it’s perfect for your business: 1.The solution grows with your business As you innovate and grow, SAP Business One grows with your business. You can add new users when you start on-boarding new staff. SAP Business solitary is not only scalable but it has more than 40 different localizations should you start trading overseas. 2.It has everything you need Use SAP Business One to run all of the different departments in your business. This end-to-end system lets you automate key processes saving time an

5 Ways the Right SAP B1 ERP Software Can Grow Your SME

PostedOn: 2018-10-04 16:12:52

hether you're selling used cars or running an e-commerce business, you need systems in place to keep everything organized. Issues such as poor inventory controls or excessive labor spend can be detrimental to a company's bottom line and every penny counts for small and mid-sized businesses. Rather than rely on several different software solutions to run your business, you may be able to get everything you need from an Enterprise Resource Planning package. ERP platforms such as SAP Business One not only provide these essential tools, they do so in a way that ensures every aspect of an organization blends seamlessly with the next. Whether you're looking to upgrade your existing ERP package or try one for the first time, there are five clear benefits for SMEs  and they all ultimately deliver a positive effect on the bottom line. 1. Increased Productivity A lot of business processes can become increasingly complex and time-consuming over time. But ERP software automates many essential

Why We Need SAP B1 Implementation Services Methodology

PostedOn: 2018-09-28 16:01:58

n SAP Business One implementation is very important for the business complexity  and gives good results to the organization’s resources. SAP B1’s functionality can gives extraordinary  organizational challenges that need to be identified and managed during the preparation of design, implementation and integration of SAP software. What Is ASAP Methodology? ASAP( Accelerated SAP). Its one of most significant software development life cycles process mainly used for the SAP  B1 Implementation projects. These  methodology mainly consists of ERP System, and ASAP process with support of SAP Implementation happens. SAP B1 is one of best services, It Provides good security for a business and organization, SAP projects are expensive and intensive which gives you the good results to the company. They need put a lot of efforts on the work for the implementation and should have a lot of resources from the developers and managers.SAP is secure methodology to design the project its give

SAP B1 key metrics to measure in the food & beverage industry

PostedOn: 2018-09-28 15:43:58

ap B1 uncovers opportunities and risks hidden in your product lifecycle and company performance. Food and Beverage managers are using data analytics and instant reporting daily to make smart business decisions about their stock, their sales and their customers. In this data-driven economy you have to measure it, to manage it. Gut-based business decisions can’t compete as the food and beverage market becomes more complex in terms of commercial, e-commerce, regulatory and customer demands. The emerging data-driven economy has two primary characteristics: the abundance and complexity of data and the speed of change and thus, decision-making. The ability of leaders to turn data into actionable information that allows them to make timely, more accurate decisions is creating entirely new markets… Those who embrace effective data analytics as a business imperative can gain a competitive advantage in the rapidly evolving global digital economy. Sap B1 insights worth having Customers ha

How SAP Business One Increasing sales in your wholesale distribution business

PostedOn: 2018-09-28 15:18:41

holesale distribution companies make money when other businesses purchase their goods. Yet, in today’s hyper-competitive marketplace, this can be easier said than done. In this blog we will explore ways to increase your sales without engaging in a price war with your competitors. Perform a gap analysis The best way SAP B1 to generate new sales is to increase the sales revenue from your existing customers. Performing a Gap Analysis will enable your sales team to quickly identify new sales opportunities. A gap analysis is done by monitoring your customers buying patterns to track which products that are buying and which products they should be buying but are not. This enables you to pinpoint any gaps in your sales. By proactively making offers that add value to your customers, you will improve your customer relationships and boost your annual sales revenue organically. Monitor declining customers When companies realize they are losing customers, they often shift their efforts to ac

Why Busy Managers Use Sap B1 WMS solution to Overcome Supply Chain Challenges

PostedOn: 2018-09-24 17:33:12

treamlining the supply chain, simplifying IT, and optimizing the warehouse from order management to fulfillment is key if a busy growing small to midsized enterprises is to run an efficient warehouse in 2018. Here are five challenges that your company can overcome with the SAP Business One WMS Solution today. 1. Casting a Wider Net Through Order Management In 2018, your customers expect to be able to conduct business with you in the channel they prefer. While you can take orders by phone, fax, and email, these methods require manual data entry and increase the chances of errors in orders. Aside from the method of customer order entry, order management, the type of warehouse that you operate requires a solution with the flexibility to adapt to your style. A solution like SAP Business One WMS is built upon mature, extensible SAP software giving businesses the ability to seamlessly integrated web based-portals with the solution. 2. Inventory and Traceability Highly regulated ind

SAP Business One Functionality and Options

PostedOn: 2018-09-24 17:23:31

ain greater control over your company with SAP Business One, a business management software designed to grow with you. Trusted by over fifty five thousand  companies in one fifty plus countries, this solution puts business basics into a single software. Companies running low-end accounting systems and niche business software's find that as their business grows, they struggle with slow, outdated, unresponsive systems.  Patchwork, point solutions and spreadsheets become more up-to-date than your business systems - and pretty soon you're entering all your business data into multiple places to keep up. Key Functions of SAP Business One Integration SAP Business One synchronizes communications with seamless integration with the Microsoft Office suite of products. Drag &Relate SAP Business One helps you identify key relationships. Using SAP's patented Drag &Relate feature, you can select a data field with the mouse, then drag that field to virtually any menu item. The resulting instan

SAP Business By Design how to easily manufacture

PostedOn: 2018-09-24 16:24:35

ike in most of the manufacturing companies the process typically starts either with a sales planning for a product or Sales can come from different avenues such as EDI, E-commerce, Email, or manual order entry. The Sales team can produce quotes and sales orders as well as maintain leads. Sales confirmations can be emailed to customers with PDFs of their orders. Customer and Supplier information can be managed within the system including payment methods, payment terms, and relationships which they may have with your other business partners. Procurement can create RFQs and Purchasing Contracts with their suppliers for their products and services. Purchase Orders can be created and sent via Email to suppliers and changes to purchase orders. The MRP takes into consideration customer demand, purchase orders, and inventory levels before creating proposals for purchase request or production orders. Demand Plans can also be used based on past sales history uploaded via Excel.   With Produ

What is SAP B1 Implementation Services Methodology

PostedOn: 2018-09-19 16:47:52

AP B1 Implementation Services Process An SAP B1 implementation is very important for the business complexity  and gives good results to the organization’s resources. SAP’s functionality can gives extraordinary  organizational challenges that need to be identified and managed during the preparation of design, implementation and integration of SAP software. Using our team and expertise we designed our strategic plan for the ERP Implementation methodology and toolset, Dynamo gives a successful plan, with design and implementation of software product. What Is ASAP  B1 Methodology? Accelerated SAP .It is one of nearly all significant software development life cycles process mainly used for the SAP Business One  Implementation projects. These  methodology mainly consists of ERP System, and ASAP process with support of SAP Implementation happens. SAP  B1 is one of best services, It Provides good security for a business and organization, SAP projects are posh and intensive whic

How SAP B1 Modules Work To Your Benefit

PostedOn: 2018-09-19 16:21:23

earching the market for an ERP solution can be confusing and complex. Each solution has multiple functionalities that work on different aspects of the corporate model. SAP Business One works on the basis of multiple modules exchanging information in unison. There are ten core modules that come with the program. Depending on the business model, additional modules can be integrated into the system to better suit the company's needs. Here is a breakdown of the ten core components of SAP Business One. Administration This module is one of the first to be configured. The administration module is used to specify system setup parameters, specify company and user information, and perform maintenance functions such as backups and restore. Customer Relations Management (CRM) CRM provides a comprehensive look at sales data and customer trends in product sales. It can create customer reports on sales trends, provide sales forecasting, manage customer relations and product wa

Manufacturing business intelligence Sap BI success stories

PostedOn: 2018-09-15 18:12:21

ccording to the  manufacturing remains a critical force in both advanced and developing economies. To stay ahead of the pack, businesses need to understand and use their data. Make your data work  Monument Tools is one of the largest specialist hand tool manufacturers in Europe.  The fifth generation manufacturer has around 800 products with a significant customer base across the US and the UK. Managing director Jonathon Collier said before implementing a  Sap BI solution, Monument had green screen terminals which did nothing more than process their sales orders and ledgers. With large amounts of data sitting in Monument's ERP system, the business desperately wanted to draw insights from their data but didn’t know how. Collier asserts that contributed to their three-year double-digit growth. Without the analysis function, we wouldn’t be able to target the customer that we are. Dynamic reporting As a large and diverse business managing a complex range of products an

Myths and Truths about SAP Business One

PostedOn: 2018-09-15 17:55:45

uring our interactions with numerous prospects from the SME segment, we have come across few common myths about SAP Business One. Putting them down here for your reference. MYTH 1: SAP is for large companies, not for us TRUTH: SAP has several solutions to offer to the industry globally. This solution is meant for large enterprises and has been adopted by several Fortune 500 companies and most of the leading large enterprises in India too. However, SAP also offers a solution called SAP Business One, which has been developed especially for the SME sector. It is currently being used by close to 55,000 customers across the world and close to 5,500 customers in India. SAP B1, in short, is very rich in features, easy to understand, flexible yet robust and has a very low total cost of ownership to its SME customers. MYTH 2: SAP Business One is for Trading Companies & not for manufacturing set-ups TRUTH: SAP Business One has the required capabilities to address needs of a manufacturing com

How SAP Business One Helps In Implementing Best Practices Of Inventory Management

PostedOn: 2018-09-14 17:13:35

hether you run a manufacturing company or distributorship or a retail outlet managing inventory efficiently is a must from both top line and bottom line perspective. Large enterprises would have taken required measures to deal with their inventories, at least the basic management, probably couple of decades back and would be currently leveraging cutting edge technologies to implement very sophisticated solutions to catch up with changing trends. However, it may be shocking to know that close to 46% companies in the SME sector are still using pen and paper or simple excel files to manage this complex problem even today! Even in the western world! Could the problem be more widespread in India? Good chances of that being true, right? Categorization of SMEs with respect to adoption of modern Inventory Management techniques A simple cataloging of companies from the SME sector with respect to their adoption of inventory management processes will look like this: Categorization of SMEs with

How SAP B1 users can make their ERP system go from good to great

PostedOn: 2018-09-14 16:37:19

or the majority of medium-sized organizations, purchasing, integrating and maintaining an Enterprise Resource Planning (ERP) system is the foundation of good business management. ERPs are the backbone of manufacturing, distribution and retail businesses and the right system will facilitate reduced costs, improved efficiencies and be the central collection of valuable data that can be analyzed to help you make better business decisions. The importance of data  Your company’s data, and the software used to analyze it can be the difference between getting to the lead of competitors or constantly playing catch up. The amount of data produced by companies is growing rapidly, yet many decision makers are unclear about how it can be used to grow their business. Companies have traditionally relied on ERP systems to collect and combine this information in the hope of streamlining processes, reducing costs, improving proceeds margins and increasing return on investment (ROI).  The lim