A lot of people thinks SAP solutions are for large enterprises, which is not correct. SAP has vast portfolio of solutions covering small business to large global enterprises.
SAP Business One is a perfect solution for small and medium business, large simple enterprises can also benefit from SAP Business One with additional solution like intercompany solution for consolidation and industry specific add-ons.
In this blog we will highlight key points of SAP Business One which makes it right fit for small and medium business.
Global Solution:
- It is among the leading ERP solutions, with over 65000 SMBs worldwide.
- It is available in 14 languages and more than 40 countries
- It recognized business standards globally, whether you follow GAAP or IAS accounting, SAP Business One is flexible to fulfill all your needs
- SAP has become the largest vendor worldwide with 80% small to midsize companies and over 700 partners in the global SAP Business One network. It also has 300 SSP partners with over 500 solutions to be integrated with the software solution.
Affordable:
- It is affordable with different license models e.g. on premise, on cloud, license rental
- You can start it minimum one user license and generally there is no limit for maximum user licenses
Licensing Model:
SAP Business One offers named licenses based on number of users and their role in the organization e.g. managers needs a professional license and other needs a limited license. If one user will work in multiple companies he/she needs one license.
Technology & Road Map:
SAP Business One has two version, SAP Business One for SQL and SAB Business one version for HANA, For those who are not aware of HANA its in memory computing technology for better analytics. Please note core functionality of SAP B1 for SQL and SAP B1 for HANA is same, however there are some additional reporting features available in SAP B1 HANA.
SAP has clear road map to introduce the new features and support existing application so even if you have one SAP B1 user, you don’t have to worry about product updates and support. With your business growth you don’t need to worry about your ER as SAP has a lot of industry specific solutions developed by its partners and by SAP.
Integrations with a lot of third parties is also available, if you need to integrate SAP B1 with any application its quite easy as SAP supports Realtime integration with other applications
Available Integrations:
- Integration with Magento
- Integration with Shopify
- Integration with sales force
- Integration with Expensify
- Integration with Nexmo
- Integration with Mailchimp
- Integration with WOOCommerce
- Integration with Intercompany solution
- SAP B1 RFQ
- Integration with Fixer.io
- 3PL Integration with Aramex
- 3PL Integration with Ups
- 3PL Integration with FedEx
- 3PL Integration with DHL
Implementation Methodology / Time Frame:
To avoid time and budget overruns SAP recommends to follow Accelerated Implementation Program (AIP) a proven methodology for SAP business One implementation. It simple methodology consisting of below phases
- Project Preparation
- Business Blueprint
- Project Realization
- Final Preparation
- Go-Live and Support
Since SAP B1 is a standard solution SAP Business One Consultant’s can be found easily in almost ever corner of the world. If you want to save cost you can study SAP B1 on SAP learning hub and implement the solution by your self.
Standard Features in SAP B1:
Below are the standard modules/features available in SAP Business One
- Administration
- Financials
- Multiple currencies
- Multiple companies with option to have different localizations
- Multiple Branches in One Company (Generates financial reports by branches)
- Cost Accounting (P&L by cost/profit centers)
- Fixed Assets
- CRM (2nd Level CRM)
- Sales Inventory & Services
- Purchase Inventory & Services
- Inventory & Warehouse Management
- Banking (Supports Import of Bank Statements For Reconciliation)
- Production
- Material Requirement Planning (System suggest you to purchase or produce the needed items)
- Project Management (Good to manage small to medium projects)
- HRM (Employee Master data and attendance, Payroll is add-on)
Customizations According To Your Business Processes:
SAP Business One is a standard solution, in most of cases you don’t have to customize it however the software is also flexible. It allows you to make any changes you want or add other processes or business functions. You can do following without a developer
- Add different fields
- Hide unused features and fields
- Create custom reports
- Create custom tables and forms
- Fetch information from other forms
Usability:
In terms of usability SAP B1 is very user friendly solution due to its feature like golden arrow and relationship map you can drill down to the lowest level of information with few clicks.
Bottom Line:
SAP Business One is a perfect solution for small to medium organizations and with the growth of business you don’t have to worry about your ERP as it supports simple to complex process and large data volume as well.