SAP Business One – An SMB Imperative

For ambitious and innovative SMBs, focusing on growth and profitability, there has never been a better time to consider the SAP Business One ERP solution. SAP Business One is an award-winning ERP solution and a leader in Gartner’s Magic Quadrant. SAP Business One powered by SAP HANA, SAP’s in-memory database, is built with scalability, enhances application performance, and provides real-time data analysis. By combining financials, sales, CRM, inventory, operations, and more in a single solution, SAP Business One enables SMBs to make effective and informed decisions, increase productivity, manage compliance and grow profitability.

Accounting & Finance

All Accounting entries are linked (through appropriate approvals) with business decisions through other core areas, banking & reconciliation, petty cash management, preparing financial statements, and customizable management reports. SAP Business One combines accounting and finance, sales, CRM, inventory, operations, and more in a single solution to put financial management and control at the heart of everything. All of the data used by the departments that run your business is collected, collated, and interpreted consistently. From sales forecasting to production scheduling, from purchasing to inventory management, all critical steps in the value chain can be managed and analyzed within one end-to-end solution. For the CFO, this is nirvana: financial processes fully integrating with all other business functions. SAP Business One has applications for general ledger, journal entries, cost accounting, fixed assets, budgets, reporting, multi-currency support, and many other functions to manage all financial processing and financial transactions.

Sales & Customer Management

Lead generation to deal closing, marketing campaign execution & management, customer management, service management, reporting, and analysis. Invaluable periodic and real-time information can be stored and retrieved through computers, laptops, and mobile devices. When your CRM application is standalone from your core business software, you run the risk of a disconnect between your business and the customers that it serves. With SAP Business One, you will be able to manage the entire customer experience within a single solution that will maximize customer lifetime value. SAP Business One supports your business’s complete sales and service functions with a central knowledge database. Your employees gain quick and easy access to relevant data, facilitating a faster response to customer inquiries. The ability to automatically amalgamate sales, service and production reports allows you to create value-added actionable business insight and deal with issues like repeat product complaints. The provision of timely, accurate, and comprehensive business data across the whole business will ensure that you have the correct information to support more effective decision-making.

E-Commerce – Online Sales 

B2B, B2C or D2C – all sales are directly linked to purchases, warehouse, accounts, production, and the dashboards with analytical reports displayed on senior managers’ laptops, cell phones, tablets, providing a 360-degree view of the whole business. Every small business needs a systematic approach to managing the procurement process, from requesting vendor quotes to creating purchase requests and paying vendors. SAP Business One helps manage the complete order-to-pay cycle, including receipts, invoices, returns, and payments. Integrated reporting tools let you easily compare suppliers and prices to negotiate better deals and identify opportunities for cost savings. 

Purchasing and Inventory Control

Purchase requests and PO’s to materials receipts and withdrawals, returns, updated inventory records, payments, and payables management. The solution can produce customizable analytical reports for management to address critical issues. With a single integrated system, warehouse inventory and production planners will get accurate information about all product movements across the entire production process. Material requirements planning and multilevel bill of materials functionality will allow you to manage items for easy production. In the warehouse, enhanced inventory visibility will enable you to improve responsiveness to supply chain variations to optimize inventory levels, minimize stock-outs or surplus, and ensure maximum profitability. 

Goods for Sale Warehousing

The entire warehouse (or multiple warehouses) record is updated in real-time with different pricing and costing models, from purchasing and production receipts to customer dispatches. Real-time analytical reports reduce warehousing costs without hurting the business model.

Production Planning and Management

This core area maintains multilevel bills of materials, issue-and-release, production orders manually or by backflush, and maintains prices for materials. Detailed component costs of manufacturing are calculated and shared on Manufacturing Dashboards for the management to take timely actions.

Professional Services Management

This core area facilitates establishing a repeatable process for service delivery, managing resource planning, costing, and billing. Customizable reports enable management to improve overall profitability.

Project Management

This core area helps monitor the progress of tasks, stages, and subprojects, as well as analyze budget costs and generate reports on various aspects of the project, such as stage analysis, estimated total and remaining time and cost to completion, time and cost variances, open issues, resources.

Human Resources Management

This core area, provided through customized solution extension, assists the client’s HR department by keeping employee information organized and creating monthly Payroll and other data-driven reports. It serves employees and managers for time and KPIs tracking and updating directories.

Tax Management

This core area, provided through customized solution extension, addresses all country and business General and Value Added Taxes, adjustable and other Withholding Taxes, Taxes on Incomes, and dividends.

Reporting & Analytics

Individual departmental reporting can be consolidated into a consistent view of overall business performance, empowering your employees to create accessible, accurate, and timely reports and dashboards. With many pre-defined reports at your disposal, you can build detailed, insightful reports quickly and easily, drawing data from financials and sales to inventory and distribution. Enhance your reports with powerful visualizations by integrating SAP Crystal Reports and Interactive Analysis to slice and dice your data to fit your business needs.

Beyond SAP Business One

InoBrix is a leading SAP Business One implementor transforming your core business operating platforms and processes. By accessing the skills of our unrivaled colleagues, we can add automation and advanced analytics capabilities to drive business efficiencies and gain powerful, actionable insights.