When business owners start shopping around for their own enterprise resource planning (ERP) software, one product name is sure to come up: SAP Business One. It was first launched as “Menahel” (Manager) in Israel in 1996. In 2002, its parent company TopManage Financial Solutions was bought by multinational software corporation SAP SE and was rebranded as SAP Business One.
Today, SAP Business One has a reputation for being used by Fortune 500 companies like The Walt Disney Company and 7-Eleven. But at its core, it is an ERP designed for small to medium enterprises (SMEs). Its reasonable price tag, its ease of scalability and integration, and its comprehensive features make SAP Business One the perfect software solution for this demographic.
Below is a list of the unique advantages of SAP Business One that set it apart from other ERPs. These are what will make it worthwhile for future SME clients!
It Boasts 15 Different Modules That Cover Essential Business Functions
For number of features alone, SAP Business One is worth exploring. No other ERP has the same range that this software package does. The full suite contains 15 modules for completing core business functions. Among the most in-demand modules are Financials, Banking, Inventory, Sales – A/R, Purchasing – A/P, material requirements planning (MRP), human resources (HR), and customer relationship management (CRM). SAP Business One can deftly handle all business data and all data processing related to those functions.
It’s Both Expandable and Scalable
Even though SAP Business One has a number of modules, client businesses won’t be pressured to buy all of them in one go. They can start by picking out the modules they need from the entire suite. Then, when their budget permits, they can acquire more of the modules later on. This kind of scalability also makes SAP Business One more affordable than other ERPs, and thus more realistic for SMEs to adopt.
It Has a Large Community of Third-Party Providers Behind It
Compared to other ERPs, SAP Business One’s network of third-party providers is huge. It spans a large group of resellers and support providers around the world. Thus, it won’t be hard to find third-party specialists in SAP Business One installation in your home country. There’s a wealth of people in SAP Business One’s partner community who will help clients navigate the software.
It’s Easy to Use and Easy to Implement
Many client companies of SAP Business One have lauded its user-friendly and intuitive interface. Those who’ve used this ERP say that it doesn’t require a steep learning curve and that it is a joy to operate. There’s also no need for a full IT support team to teach staff how to use the software. That means that the company’s finance, customer service, warehousing, and procurement teams can begin implementing their respective solutions right away.
It Offers Elite Business Analytics and Control of Business Operations
The strongest argument to be had for SAP Business One is how it can upscale the way SMEs are run.
Using the software will help any fledgling business compile and process their business data, as well as coordinate several business functions. Thanks to SAP Business One, SMEs can heighten their efficiency in operations and be more responsive in their decision-making. And in the long run, this will bolster their profits and elevate their business competitiveness.
SAP SE’s premier offering is a business software solution that truly helps SMEs go the extra mile. If you want to try some of the modules for yourself, look for a provider of SAP Business One in your area. They should be happy to walk you through the possibilities.