What is SAP Business One?

SAP Business One for Financial Management:

In addition to supporting and automating daily financial tasks, SAP Business One provides you with a comprehensive view of the business so you can drive more profitable decisions, improve margins, and reduce errors. It helps finance teams:

• Automatically handle all key accounting processes, such as journal entries, accounts receivable, and accounts payable.
• Manage cash flow, track assets, and control budgets
• Accelerate month-end close and enhance compliance
• Streamline reconciliations, bank statements, and payments
• Transform business planning and audits with sharper insight
• Simplify management of multiple branches or business units
• Maintain end-to-end control of your company’s fixed assets

SAP Business One for Sales and Customer Management:

Turn prospects into customers, increase sales and profitability, and improve customer satisfaction. SAP Business One provides the tools to help you efficiently manage the entire sales process and customer lifecycle. It helps the sales team:

• Track opportunities and activities from initial contact to final sale to after-sales service and support.
• Build, manage, and analyze marketing activities
• Store all critical customer data in one place by synchronizing and managing customer contacts stored in Microsoft Outlook
• Simplify management of customer warranties, service calls, and service contracts
• Stay updated on all aspects of the sales process by creating powerful sales reports
• Empower your sales team to manage information on the move with SAP Business One mobile app.

SAP Business One for Procurement Management:

SAP Business One helps you optimize purchasing practices and control costs. It integrates the entire purchasing process, from requesting vendor quotes and order creation over goods receipt to invoice payment. Special processes, such as returns and special charges, are fully supported. With SAP Business One, you can:

• Increase margins by optimizing buying and purchasing processes
• Easily compare suppliers and prices to negotiate better deals and identify opportunities for cost savings
• Centralize and manage detailed item purchasing information with master data management
• Integrate warehouse, production, and accounting so you can benefit from real-time synchronization between these areas and make better-informed buying decisions
• Gain real-time visibility through powerful reporting.

SAP Business One for Inventory control and distribution:

SAP Business One focuses on the movement of inventories and their count so you can efficiently deliver on the promise, keep customer satisfaction high and cost-effectively manage your supply chain. SAP Business One will help your warehouse team to:

• Keep track of product inventory, quantity at each warehouse, movement history, and stocking status
• Manage detailed warehouse data, optimize stock locations, track, and record stock movements, and execute production orders
• Plan material and resource requirements for multilevel production processes and maintain an optimum level of inventory
• Manage various types of BOMs and link your warehouses with your order processing and production operations.

SAP Business One for analytics and reporting:

Gain real-time access to predefined dashboards and reports as well as productivity tools to support decision-making. With SAP Business One, you can:

• Gather data from multiple sources and create timely, accurate reports based on company-wide data. You can also customize existing ones in a variety of layouts with minimal IT overhead
• See your business from new angles and create reports by using SAP Business One integrated with standard Microsoft Excel functionalities
• Improve your cash balance visibility and sales performance with analytics and predefined key performance indicators.