August 2020

An ERP software helps your business ensure numerous benefits, the first being automation. Check out the other advantages, apart from it, below: Streamlined processes: An ERP system integrates all the processes across departments from beginning to end and meets the specific needs of each individual business. Improved productivity & efficiency: An ERP system saves time and resources by automating manual business tasks and processes to promote productivity and improve efficiency. 82 percent* companies that implemented an ERP solution improved either key or all business processes post implementation. Enhanced business visibility: With the integration of all the business processes, ERP gives management comprehensive and real-time visibility into performance of each department and access to key business data. Quality analysis & reporting: An ERP software allows business managers to use interconnected dashboards to quickly analyze & report, thus facilitating informed and accurate decision making. Reduced costs & risks: Uniform and streamlined business processes reduce the operational and management costs while improved data integrity and financial control reduce risks. Industry & regulatory compliance: An ERP solution facilitates control over reporting processes and thus ensures compliance with regulatory requirements, meeting data integrity and enabling complete traceability, thereby keeping away hefty fines and image damage. Studies reveal that 54 percent of the organizations that got the ERP implementation done were very satisfied with the overall ERP vendor experience. Further, 57 percent of the companies who got the ERP implementation done viewed it as a success. This should give you a clear picture as to how beneficial ERP is to the success of businesses. SAP Business One helps you to streamline processes, act on timely information, and drive profitable growth It captures all critical business information for immediate access and use company wide.

Gaining an understanding of why you need SAP for your business and the purpose it is going to fulfill for you is essential. Any ERP is typically designed to handle the management of materials, inventory control, supply chain, purchasing, finance, and accounting. So, you must be able to clearly define the way you are using SAP ERP system. The answers will facilitate the growth of your business and help you beat competition using SAP. Make it mandatory to derive the goals you can achieve with SAP ERP. • Optimize your SAP In order to transform your business using ERP, you must make time to streamline and change the processes it supports. Look at how you can handle each of the aspects handled by the ERP. For instance, understanding how you can optimize your inventory with an endless aisle can help. Optimize your SAP based on the needs of different departments to maintain a free flow of the process across the organization. Work towards achieving a common ground with all the departments to organize the workflows. Organized workflows reduce the turnaround time for many business processes. • Improvise continuously Continuously updating and adjusting the ERP in alignment with the business goals can be useful. It is not a stagnant process and needs updates on a regular basis. Have an annual budget and review plan in place. By updating your ERP software on regular basis, you can gain insights into the business processes. You can leverage the ERP to its full potential with little improvisations. • Maximize value with a custom dashboard Customize your SAP based on the users in different functional areas. Make an analysis of which tools will cater to which teams. This will enable you to provide only those features and tools to those respective teams. For example, the production team will need a different set of tools when compared to the accounting team. Create custom dashboards to address the needs of individual teams. All the teams can use the same system but should have interface personalized to serve them. If the SAP interface is customized for users, providing the most relevant information, the right information reaches the right people. Now, align it with custom reports and you can leverage this data to set actionable business goals. • Integration for automation Lastly, you can make your SAP ERP effective by integrating it with your e-commerce platform, Machines, Websites, Mobile Apps. There are many challenges SAP B1 integration can address for you. Integration helps in the seamless mapping of data across systems. You can address the following aspects for your e-store with the help of integration. SAP Business One helps you to streamline processes, act on timely information, and drive profitable growth It captures all critical business information for immediate access and use company wide.

SAP Partner evaluation is a step-by-step process. Once you shortlist the partners based on certain criteria such as your business needs, controls, etc., you can evaluate them in a lot of different ways. You can gather information from outside sources like the clients that partner is currently serving, or has served in the past. Once you are sure about the partner, you can invite him for a demo session, where you can assess him on different parameters such as industry and technical expertise, functional knowledge, expertise in project management, background check, ability to deliver the implementation on time, keeping the budget, having required tools and resources to fulfill the needs of the implementation, long-term support post implementation, future development roadmap, Total Cost of Ownership (TCO), including, license fees (including third party), implementation fees (training and consulting), support, hardware/software and maintenance fees, so on and so forth.