SAP Business One is business management software (ERP) designed for Small and Medium Sized Enterprise. As an ERP Solution, it aims to automate key business functions in financials, operations, and human resources.
- Track sales opportunities from start to finish.
- Gain insights from customer master data.
- Perform intelligent reporting and analytics.
- Manage cash flow, track assets and control budgets.
- Streamline reconciliation, bank statements and payments.
- Helps in business audit and planning.
- Real time warehouse and accounting synchronization.
- Account payable and purchase schedule management, etc.
- Production and material requirement planning.
- Track stock locations, etc.
- Multi source report creation and customisation.
- Analytics plus pre defines business KPIs.
- Enhanced reports with powerful visualisations.
Each module handles specific business tasks on its own, but is linked to the other modules where applicable. For instance, an invoice from the billing transaction of Sales & Distribution would pass through to accounting, where it will appear in accounts receivable and cost of goods sold.
SAP Business One is the perfect ERP system for businesses operating in the Consumer Products, Industrial Machinery & Components, Professional Services, Retail and Wholesale Distribution space looking to streamline and consolidate their operations into one platform.