SAP Business One (SAP B1) is an Enterprise Resource Management tool invested and researched by the world's largest ERP software company - SAP. This SAP ERP solution integrates nearly all of the management processes of a business. Thus, it helps to create conditions to improve operational productivity, save much time and input costs of the business.
1. Remarkable features and benefits of SAP B1
- The highlight features of SAP B1
Currently, SAP B1 is a solution which is trusted by many SMBs (Small and Midsize Businesses) because of its outstanding features such as:
► Flexible operation with simple and user-friendly interface, suitable for Vietnamese users. In particular, it can be easily operated even if the user does not have high knowledge in the field of information technology
► Easy to develop or change to SAP All in One system as needed.
► Quickly deploy in a very short time.
► Extremely affordable price, suitable for SMBs.
► SAP B1 ERP solution can be flexibly adjusted and expanded to meet specific business demands.
► It is the optimal solution connecting branches, headquarters, subsidiaries and partners in the same system.
- The benefits of deploying SAP B1
Here are the benefits not to be missed when implementing SAP Business One for SMBs:
► Enables businesses to standardize and unify the working process by automating repetitive tasks and minimizing manual processing. This is the most important thing to shape the management model of the business in order to clearly identify the responsibility and authority.
► Information in the company is consolidated at a single data source, easy to access and retrieve data. This is a reliable and transparent source of information to help the person in charge make quicker and smarter decisions.
► Increase the connectivity between departments in the company.
► Improve efficiency for better profits. In particular, all business operations are integrated into one system to save costs and limit errors which are caused by repeated data entry; and it also reduces the time to actualize the values.
2. The preeminent functions of SAP B1
By integrating all the core functions throughout the business with cutting-edge technology, SAP B1 is a comprehensive solution to effectively standardize the business’s operation. SAP B1 modules are:
► Financial Management
Companies can use the software to manage activities in finance, accounting, capital, cash flow, debts, property, costs,... Hence, it helps to simplify the management process while still ensuring accuracy, avoiding disadvantages like misplace and incorrect information,...
► Sales and Customer Management:
This module allows users to track information and statistics on sales, revenue, profit forecasts,... to improve business’s operation efficiency. In addition, this module also helps companies easily approach and communicate with clients in an effective and systematic way. So they can improve client services and attract new clients.
► Inventory and Distribution
The SAP B1 helps users manage and maintain relationships with suppliers through purchasing activities with a standardized process. The warehouse management function is responsible for managing inventory price, quantity of goods, orders, sales,.. based on automotive tools. In addition, the software is also capable of predicting demands using forecast indicators to eliminate inventory cards and limit the use of paper in warehouse operations; data is managed in real-time and synchronously. Thus, it helps businesses get accurate data for purchasing and production.
► Production planning
This module helps companies to plan and track all activities throughout the business, including: Production and material requirements planning, Warehouse and inventory management, Bin location management, Efficient reporting, ect. Consequently, it helps the business production process to take place continuously, without interruption, for the minimum costs.
► Analytics and Reporting
With SAP B1, users can gather data from multiple sources and generate timely and accurate reports based on company-wide data. It also has the ability to control access to information displayed.
Integrated with these functions of SAP B1 are advanced intelligence systems such as: Analytics, Cloud Technologies, Mobile Technologies, IoT (Internet of Things), Big Data, Machine Learning. These technologies give companies the ability to change their business models, and create top products and services in the digital economy.
3. SAP B1 deployment options
There are 2 main models to help businesses deploy ERP SAP B1 smoothly:
This is the traditional model which is deployed by on-site installation with the following advantages:
► Compliance with internal Data Security Policies
► Direct control and access to data, allowing flexibility in local reporting accesses.
► Better ability to customize and extend business process
► Leverage internal hardware and existing IT infrastructure and resources
► Perpetual licensing
► Less dependence on the always-connected internet
By this model, SMBs will use SAP B1 software as a monthly-cost service. Software and hardware are installed and operated on the Cloud with advantages such as:
► Easy and affordable deployment
► Secure browser-based access from anywhere, at any time
► Access to the most up-to-date functionality without having to use rely on in-house IT resources to maintain the solution
► Subscription licensing avoiding capital expenditure and allowing for operational expenditure flexibility
► Manage the most critical business functions by Web Browser.
Based on operating characteristics as well as specific requirements, SMBs can choose one of the two implementing models above. In addition, the simultaneous combination of On-premise and Cloud (also called Hybrid model) is considered as a popular solution to make the operation process efficient and consistent with the business orientation.
4. The application of SAP B1 in specialized industries
The most advanced methods, functions, and processes from major industries around the world are all integrated into the SAP B1 software. Therefore, businesses can easily exploit advantages from these fields:
► SAP B1 solution helps align every aspect of business operations to the needs of modern consumers – with SAP Business One software for the consumer products industry.
► Anticipate, plan, and manage demand – and deliver the consumer goods and products shoppers crave.
- Industrial Machinery and Components
► With SAP B1, companies can easily meet customer demand and develop new revenue streams for the industrial manufacturing industry.
► Shrink supply chain costs, accelerate cycle times, minimise scrap and rework
►SAP B1 helps businesses ultimately speed up time to profit.
► With SAP B1 software solution for the retail industry, businesses can give consumers the products, information, and personalized shopping experiences they want – across any channel.
► Harness real-time customer and POS insights, engage shoppers.
► Optimize everything from merchandising to business’s supply chain.
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From the above advantages, SAP B1 is a lean software solution that helps SMBs standardize processes, improve operational efficiency to make breakthroughs in the business process. However, currently in Vietnam, businesses, especially manufacturing companies are facing many challenges in implementing SAP B1 because of the big gap between the system implementation and the actual operation at the factory. To overcome difficulties in implementation, businesses need a reputable and experienced companion.
As a Gold Partner of SAP Vietnam, CMC Consulting is confident to be the leading recognized supplier of Consulting and Implementation services of comprehensive Digital Transformation solutions. The outstanding strength of CMC Consulting is the competency of expert teams in the SMB sector; with experience in implementing for many leading enterprises as well as the extensive understanding of industry solutions. We are dedicated to bringing clients top-quality services and competitive pricing.
CMC Consulting - Empowering Businesses During the Digital Transformation!
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Hotline: 024 7106 5555 - Ext: 8700
Email: contact.cmcconsulting@cmc.com.vn
CMC Consulting
18/05/2022
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