SAP Business One is ERP software. This platform is specifically designed for small and medium-sized businesses. It is also known as SAP B1. It was designed for small companies that need ERP software to manage their business but it is not the kind of ERP that help large and complex organizations need. It was developed for finance, customer relationship management (CRM), purchasing and procurement, warehousing and production management, and reporting and analytics.
SAP was initially developed by the financial system. This company is based in Israel, and was owned and rebranded by SAP in 2002. Some more functionalities have been added to SAP B1 from purchases made by SAP. In 2005, SAP acquired a reporting and budgeting tool called XL Reporter from iLytix Systems AS, a company located in Norway. SAP bought Praxis Software Solutions, located in Minneapolis, in 2006 and merged its web-based CRM and e-commerce tools into SAP B1. SAP B1 was built on and runs on Microsoft SQL server, and now also runs on the SAP HANA in-memory platform. It can be set up on-premises or in the cloud, and users can access it remotely through a mobile app. SAP primarily sells B1 through a network of partners, with about 700 value-added resellers in the group as of 2018. The partner network has also created over 500 industry-specific applications, according to SAP. The company claims it had more than 60,000 customers in 2018.
Features
The main core features of SAP Business One include:
Financial Management – SAP Business One provides a full set of tools for smooth financial operations to help businesses improve profit margins, reduce mistakes, and make better decisions. These tools cover accounting, fixed asset management, banking and reconciliation, and financial reports and analysis.
Sales and Customer Management – This tool helps users manage the whole sales process and customer journey from the first contact to the final sale, including after-sales service and support. It includes tools for sales and opportunity management, marketing campaigns, customer management, service management, reporting and analysis, and mobile sales.
Purchasing and Inventory Control – This feature improves buying practices and controls expenses by allowing users to manage the entire order-to-pay cycle, including receipts, invoices, returns, and payments. It includes master data management, smooth procurement processes, accounts payable, warehouse and accounting integration, and the ability to generate reports with real-time data.
Business Intelligence – This feature allows users to create fast, customizable, and accurate reports using data from all parts of the business. Users can create reports with easy-to-use tools, predefined metrics, and data visualizations.
Analytics and Reporting – This module helps users make better decisions by capturing all key data in real-time and making it instantly available across the company via dashboards and reports.
Benefits of Using SAP Business One
Key benefits of using SAP Business One include:
On-premises:
- Follows internal data security rules
- Direct control and access to data
- Easier to customize and extend business processes
- Makes use of internal hardware and existing IT resources
- Perpetual licensing – higher upfront cost but better long-term value
- Less reliance on constant internet connection
In the cloud:
- Simple and affordable setup
- Secure access via browser from anywhere, anytime
- Always access the latest features without needing in-house IT staff
- Subscription licensing means no large upfront cost
- Manage important business tasks in the web browser
Mobile app:
- Instant access for employees to view and update data from anywhere
- Built-in analytics for real-time decisions
- Full sales and service functions
- Helps employees on the go be more productive
Who is SAP Business One For
SAP Business One is designed for small to mid-sized businesses in various industries. This business management software connects and simplifies a company’s processes, helping it grow by managing every part of its operations, from sales and customer relationships to finances and daily tasks.
SAP B1 Certification
The SAP Business One Release 9.3 certification exam confirms that the candidate has basic knowledge in areas like implementation, logistics, financials, and SAP Business One support. A certified individual can work under the guidance of an experienced consultant on their first SAP Business One implementation project.
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