Most of the midsized companies face huge challenge in joining the disjointed pieces of information across the organization for making decisions, an ERP like SAP business one can really streamline the processes and integrate the data for better decision making and improving over all efficiency of the company.
SAP business one provides all the business management functions and is designed specifically for small and midsized businesses, it is easy to use and installation normally takes 2-8 weeks. SAP Business one provides its user enough time to focus on growing their business, it also avoids duplicate data entry, delays and errors, it provides accurate information gathered from across the organization in real time to help in making quick and correct decisions and optimize cash flow for business needs.
SAP Business one's accounting and financial contains general ledger, accounts receivables, accounts payables, cash flow management, payment management, ageing, profit and loss account. It also provides facility to reconcile accounts and update account postings. Sales and customer module of SAP business one works in full synchronization with Microsoft outlook and provide facilities like keeping track of customers from first contact till close of sale, creating templates for mass e-mails, entering orders and creating sales quotes.
Purchasing and operations provide complete control over inventory, SAP business one can increase profitability of midsized companies by reducing excess inventory and analyzing vendor performance. Manages order to pay cycle, replenish inventory automatically, material management and control bill of material. Inventory and distribution manages packing, picking, delivery and billing. SAP business one provides different methods for inventory valuation like standard costing, FIFO and moving average and can also monitor transfers within different warehouses. Different levels of discounts on the basis of volume, payment and performance can be calculated automatically for accuracy.
Reporting and administration is very useful feature of SAP business one which provides very effective analytical and reporting tools ensuring visibility in the functioning of whole organization and efficiently monitoring all the processes for improved functionality of midsized companies. SAP business one is fully integrated with crystal reports which can gather the data from all sources in quick time to provide timely and accurate reporting. It is fully integrated with Microsoft office tools also and display of information through reports and their formats can be controlled.
SAP business one is an efficient ERP solution for midsized companies as it is affordable and has been designed by SAP to target this sector. It also takes care of growing business of a midsize company by providing features capable of handling headquarters, subsidiaries and business partners in one network. It comes with centralized data storage architecture which makes it reliable, fast and efficient. It also makes data backup and restoration easy and quick in advent of data corruption. Easy customization and 550 add on tools makes it compliant with all the needs of a midsized company. SAP business one has proved its working efficiency in many industries like manufacturing, retail, services and distribution companies.