Is your business steadily growing? Perhaps you’ve begun to scale up, but are having some difficulty matching the growth of how you manage your business’ data with your rate of growth overall. If so, SAP Business One could be the solution you need. But what are SAP Business One’s pros and cons?
To find out, we’ll first take a look at what SAP Business One is, and how businesses use it to help achieve manageable growth.
What is SAP Business One?
SAP Business One is an ERP solution that can be used to manage your entire business. Ideal for small and medium-sized businesses, SAP Business One covers everything from accounting and financials to purchasing, inventory, sales and customer relationships.
Delving into SAP Business One’s Pros and Cons
When choosing the right ERP system for your business it’s important to learn its strengths and weaknesses before making a decision. So, let’s first dive into the advantages of SAP Business One, to help you make the right choice.
SAP Business One Pros
In general, any SAP Business One review will mention its ample usability, feature set and customization. But here’s a more detailed breakdown of why it could work for your medium or small business.
- Quick Implementation and Deployment
SAP Business One only takes a few weeks to implement (especially with the help of an experienced ERP management consultant). And that’s good news because it means minimal interruptions to your business process. It also means you’ll be analyzing all the real-time data you can handle, faster than lickety-split.
- Automatic Alerts
Nothing’s worse than missing important info, especially when it concerns your business. Luckily, SAP Business One has an automatic alert feature that sends you critical information without you having to query the system. Since many businesses operate with a tight limit on supply chain, budgetary and human resources, getting alerts in the nick of time is just one of the great benefits of this SAP ERP product.
- Streamlining Your Operations
Imagine having all your data centralized and processed for total visualization. That’s one of the prime SAP advantages of Business One. Its core function is to act as a single system wherein your bookkeeping, inventory management, CRM and even human resource data (thanks to its robust HR module) is easily accessible by all members of your team. It truly brings everything together in one convenient digital location.
- SAP Integration
Already use SAP HANA? That’s ok. In fact, it’s ideal. Business One is primed and ready to fully integrate into SAP HANA and can allow you even greater insight into your business. It provides an even better platform from which to make key decisions based on real-time information so you can focus on driving growth and profitability.
- Increased Transparency for Business Operations
With the way that SAP’s structure works, you’re able to keep tabs on all of your processes from one location. Because data is uploaded and synced across all devices, your people, whether they’re seasoned veterans or entry-level go-getters, can understand reports such as financial statements quickly and accurately.
Want to Learn More About Choosing the Right ERP for Your Business? Check out These Articles.
SAP Business One Cons
- Payroll is Not Available
Sadly when it comes to data regarding paying your employees, SAP Business One can’t help you there. At least not right away. Payroll functionality can be added to the platform, but you’ll have to shell out a bit more dough to get there. Certain third-party vendors can develop apps or modules to facilitate this process, but it will require expert management going forward to make it feasible, which is where the help of a seasoned SAP consultant would come in handy.
- One-Size-Fits-All Purchasing Option
When it comes to actually buying SAP Business One, you’ll either have to take all of it or none of it. Budget-conscious owners beware, even if there are select modules in Business One you don’t need, you’ll be paying for all of them if you want to use SAP’s business-focused software.
As a small business, the complexity of SAP Business One might seem daunting at first. And, to be fair, it’s certainly not uncomplicated. However, with the right ERP management team at your service, you’ll be seeing this platform pay dividends in no time.
Weighing the Pros and Cons of SAP Business One
If you’re still on the fence about SAP Business One’s pros and cons, give us a call today. We would be glad to gain a better understanding of your business’ unique circumstances and work with you to develop a strategic plan that makes sense for you.