A number of small and medium businesses have started using an Enterprise Resource Planning (ERP) software to make sure that the people in charge are fully aware of everything that is going on daily basis and to keep track of every transaction. There are a lot of ERP software that are designed specifically for large industries which caters to their complex needs and requirements. So, small and medium enterprises are in dire need of finding the correct software, that is specifically designed to meet their requirements. One of the leading such software is called SAP Business One developed by “Systems, Applications & Products in Data Processing”.
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In this article, SAP Business One will be explained in detail in the light of articles written about the software.
To know more about what exactly is SAP Business One, it is recommended to go give this blog by Client First Business Solutions a read.
What is SAP Business One?
We often get asked ‘What is SAP Business One?’ The question usually comes from people who are familiar with the solutions such as Quickbooks, Sage MAS 90, MAS 200 or other packages like Microsoft Dynamics GP (Formally Great Plains). When people think of SAP they usually think of ‘Big SAP.’ SAP’s market leading solutions that are targeted towards large corporations including the Fortune 500. To understand SAP Business One in detail, click here!
SAP Business One is a solution is was designed, while keeping small and medium sized businesses in mind as it specifically caters to all their needs and has a potential to help them grow. The client base of SAP Business One consists 77% of businesses that can be considered as a small sized enterprise as it is the most affordable option available in the industry. The basic reason why small businesses opt to use SAP Business One is that it can be installed, trained and supported by a small sized team which is readily available for all of these businesses. There are a lot of benefits associated with running SAP Business One as the costs are minimal due to the reduction in training requirements, enterprise search is really easy as the system has a built-in search option which manages all the data. Apart from this, the software leads to increased customer satisfaction as it is capable of providing right information at the right time.
To know what SAP Business One stands for, read the following article by Tech Target.
Basics of SAP Business One
SAP B1 was originally developed by TopManage Financial Systems, a company based in Israel, and was acquired and rebranded by SAP in 2002. More functionality has been added to SAP B1 from acquisitions made by SAP. A reporting and budgeting function called XL Reporter was acquired from the iLytix Systems AS, based in Norway, in 2005. SAP acquired Praxis Software Solutions, based in Minneapolis, 2006 and integrated its Web-based CRM and e-commerce functions into SAP B1. Read more by clicking here.
SAP Business One was initially designed to be compatible with Microsoft SQL Server, as a lot of small and medium sized enterprises are running their business on these servers. Recently, a dedicated server was launched by SAP Business One called as the SAP HANA in-memory platform. Another service that is available for SAP Business One users is that the server can be accessed through the on premises service or through the cloud on a mobile application. Anyone interested in acquiring the software can do so through a vast network of partners who are authorized resellers of the software. The number of businesses benefitting from SAP Business One are nearly 4800 in number as of 2015.
To see the page of a SAP Business One vendor, go to the following website by Sapphire Systems.
SAP Business One by Sapphire Systems
A powerful, flexible and affordable way to manage your entire business, SAP Business One is an ERP system that integrates your key business functions to streamline processes and uncover deeper insights into your business. Available in the cloud or on-premise SAP Business One brings together accounting, finance, inventory, sales, CRM and project management. It enables you to make better business decisions, faster, improving your agility and increasing profitability. Sapphire Systems is recognized as a leading global SAP Business One partner – with over 25 years’ experience in implementing business management software solutions. Read more here.
Among the number of benefits of using SAP Business One for your enterprise, the most prominent benefits are that the software offers ultimate flexibility to the clients, it contributes towards a significant increase in revenue and a rapid return on the investment can be observed. SAP Business One is capable of handling a lot of different aspects from the day to day running of the business such as its integrated capability of keeping track of the financials by managing accounting processes. It also keeps a track of the sales as it can be used to manage documents and other things as inventory control as the software is capable of managing the inventory and warehouse by keeping track of everything that is present in stock. SAP Business One is available in two different deployment methods such as a cloud server, which offers data security and predictable costs over time and an on-premises system supported by a team of experts by Sapphire System which allows for a greater ability for customization.
In conclusion, using SAP Business One has become necessary for small and medium sized enterprises to be able to grow in this competitive environment. Majority of businesses who have opted for implementing SAP Business One in their day to day running have seen success in a lot of forms. So, it is recommended for everyone to start using SAP Business One so that new paths can be paved for them.