Integrating the Core Business Functions
SAP Business One includes all the processes you need to run your entire business. Unlike niche solutions, it provides complete business management functions covering financials, sales, customers, inventory, and operations. And because it is designed specifically for fast growing businesses, it can be installed quickly and is straightforward to maintain and use.
Accounting & Financials
SAP Business One helps you manage your general ledger, journals, budgets, and accounts payable and receivable. You can conduct all your banking activities – including processing payments by check, cash, credit card, bank transfer, and bill of exchange – as well as reconcile various accounts and create financial reports for profit and loss, cash flow, balance sheet, and aging. You can also update account postings at the exact time relevant business events occur.
Sales and Customers
With SAP Business One, you can:
• Create quotes, enter orders, and provide better customer service
• Track sales opportunities and activities from first contact to the close of sale
• Initiate marketing campaigns by using templates for mass e-mails
• Provide support for customer service, service contracts, and warranties The application also lets you manage and maintain customer contacts with full Microsoft Outlook synchronization, which results in increased sales effectiveness and stronger customer relationships.
Purchasing and Operations
Every small business needs a systematic approach to managing the procurement process, from creating purchase orders to paying vendors. SAP Business One helps manage the complete order-to-pay cycle, including receipts, invoices, and returns. You can also plan material requirements for production, control bills of materials, and replenish inventory automatically. And using integration with Crystal Reports, you can analyze your vendors’ performance and adjust your procurement strategy accordingly.
Inventory and Distribution
SAP Business One also lets you readily manage your inventory and operations, including picking, packing, delivery, and billing. You can perform inventory valuation using different methods such as standard costing, moving average, and FIFO; monitor stock levels; and track transfers in real time and across multiple warehouses. In addition, you can run real-time inventory updates, availability checks, and manage pricing and special pricing, which allows you to automatically apply volume, cash, and account discounts to transactions with vendors and customers.
Reporting and Administration
SAP Business One provides powerful, integrated analytic and reporting tools to help you access the critical business information you need. With SAP Business One, together with fully integrated Crystal Reports, you can gather data from multiple sources and generate timely and accurate reports based on critical company data across financials, sales, customers, inventory, service, production, and operations. Completely integrated with the Microsoft Office products and focused on data security, Crystal Reports allows you to choose from a variety of report formats and to control access to information displayed. You can also use additional functionalities that are an integral part of SAP Business One such as “drag and relate” and interactive drilling down through multiple levels of relevant data to get complete information instantly.
System Reliability and Performance
SAP offers a remote support platform for SAP Business One to help you maintain your software system more easily and proactively prevent potential issues from impacting your business activities. As an automated monitoring tool, this remote support platform helps identify system bottlenecks by enabling SAP support services to collect information on your system status and check the system against known support issues. By sending regular status e-mails and automatic fixes, it allows you to avoid issues from happening and decrease the time you would otherwise spend on IT support. In addition, the tool provides several other services including automated database backups, preupgrade evaluations, inventory valuation checkups, and system installation health checks.
Solution Extensions, Mobile and Much More
SAP Business One provides a comprehensive automation and integration of the core business functions of a fast growing business. SAP, in collaboration with its worldwide network of business partners, also offer you access a rich and diverse portfolio of SAP Business One Solution Extension (SE’s). SE’s are offered to address specialist requirements such as industry specific processes or unique business requirements. SAP also provides an in-built mobility strategy for SAP Business One clients enabling you to take this all this powerful functionality with you, wherever you go and whenever you need. Please contact us for more information on how SAP Business One can help your business.