March 2021

E-invoicing is now available for B2B (Business to Business) and B2G (Business to Government) transactions, following the adoption of the game-changing GST Rule. E-invoicing is being rolled out in B2B transactions in the world’s largest economy, India, initially to tackle tax evasion. E-Invoicing? Electronic invoicing, also known as E-invoicing, is a method of processing and producing invoices in an electronic format using a common network used by buyers and suppliers. All B2B invoices will be electronically validated by GSTN after the introduction of the GST e-invoicing method, subject to some limitations. With the aid of the SAP Business One ERP Software, which has an e-invoicing module, all businesses across the country can produce e-invoices. It will help the company grow while also ensuring that all financial transactions are transparent. The following are some of the reasons why E-invoicing is so important: – Helps you save time The financial reports were not well organised prior to the introduction of e-invoicing. Many times, it was done manually or with the aid of a variety of tools. The possibility of errors increased as the documents were dispersed. To minimise the steps that were previously followed, e-invoicing was introduced to remove the chances of mistakes and save time.As a result, it saves both suppliers and buyers a significant amount of time. It also automates GSTR 1 fillings, allowing for substantial time savings. Cost Control: If the world moves toward a digital economy, it places a greater emphasis on operating without paper. E-invoicing can be exchanged electronically with buyers and sellers with confidence because it is produced and authenticated by the government as a genuine invoice. Error Probability Is Reduced There are more chances of errors when invoices are produced manually. As a consequence, it can lead to a lot of contradictions in business dealings. Looking for E-invoicing applications is the only way to prevent issues like these. With the support of apps, buyers and sellers will be able to ensure the highest degree of accountability in the entire business process. Customer Satisfaction Customer loyalty is critical to every company’s success. E-invoicing will help you save up to 90% on transaction costs. Since it is paperless, consumers will benefit from early payment as well as the best offers for any order. Fraud probability is minimised There are less or no risks of theft as E-invoices are tracked in real time. The introduction of e-invoicing has offered tax authorities a valuable weapon in their fight against fraudsters. Final Thoughts For a developing country like India, where tax evasion is a major issue, implementing E-invoicing would help to solve the problem to a large extent. Apart from that, it would help both organisations retain accountability in the long term. It will help to fuel the Indian economy and lead the nation toward growth and stability in the future. As an ERP Software provider in India, we have efficient business management modules to help you automate and streamline your business process and give you real-time visibility of your business processes. What are you still waiting for? Let’s use SAP Business One to help you digitize your business.

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Myths and Facts about SAP Business One These are only a couple of the myths and facts about SAP Business One, which is an integrated ERP. The information below will help dispel misconceptions about SAP Business One and, ideally, emphasize the solution’s true value. Myth #1: SAP is just for large businesses, not for us! When you hear the name SAP, you probably think of a large-scale ERP system (those in the Fortune 500 ranking). SAP, on the other hand, is one of the most common small and medium-sized business solution providers. It all began with a small idea 20 years ago, and now SAP Business One is a top name on the global market for software solutions for SMEs, with 1 million users in over 170 countries. SAP Business One is feature-rich, easy to use, versatile, and durable, and it meets the needs of all departments. No company is too big or too small for SAP! SAP solutions are designed for businesses with a long-term vision and a desire to expand. “No matter what size or form of company you have, SAP has the right answer for you.” Myth #2: It will take years to implement a SAP solution In this scenario, people are comparing an enterprise’s implementation time to SAP Business One, which is aimed at small to mid-sized businesses. Large companies are complicated organisations with hundreds or even thousands of customers, a global footprint, and a wide range of business processes. The method of introducing an ERP for such organisations is broken down into many stages, each of which is a separate programme. As a result, the implementation takes a long time to complete before all goals are met. However, there would be no such size in the case of SMEs, which are, by definition, smaller businesses. Projects with SAP Business One usually take several weeks to complete. The length of time it takes to implement depends on a variety of factors, including how important it is to you! The introduction of SAP Business One can be completed quickly if all teams work together on a well-defined plan. Implementation partners’ job is to assist you in implementing SAP Business One in accordance with the specifications, providing you with the best solutions and making the process as simple as possible for the customer. Myth #3: SAP Business One is too difficult for users to understand SAP Business One has user-friendly and intuitive displays that are standardised on modules, allowing users to get up to speed quickly and feel at ease with the device. It can easily be accessed and flipped between multiple menus, providing a comprehensive view of all data in one location. SAP business One provides a simple set of tools for customizing query forms and activity-specific reports. Users with no previous technological knowledge will make any of the customizations. Myth #4: Maintaining SAP Business One is costly This fallacy also stems from the belief that SMEs would need the same facilities as large corporations. The truth is that SAP Business One requires fair and acceptable IT infrastructure capital. A single server is all that is needed to complete the project and keep the system running. Customers may also choose to store their data in the cloud. Myth #5: SAP Business One isn’t customizable First and foremost, it must be mentioned that SAP Business One is an out-of-the-box solution that can be used in its current state. The solution is comprehensive, with several modules that address the requirements of all departments (sales opportunity management, CRM, procurement, manufacturing, inventory, material resource planning (MRP), financial modules, human resource management, reports, and real-time data). Easy solutions to complex integrations and modular development projects are all possible for customers. Customizations should not be viewed as flaws in the application because they enable the solution to be tailored to the customer’s specific business requirements. Unlike other ERP solutions, SAP Business One allows SMEs to operate in tandem with other applications without jeopardising their business operations. SAP Business One is a fantastic solution that SMEs can look into. These theories should not be a source of distraction for people in this segment. SAP Business One has a lot of potential to help businesses run more efficiently, with greater operational visibility, less manual and repetitive labour, lower costs, and better customer relationships. Also Read>> Should SMB’s Invest In Enterprise Resource Planning?

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What is Business Intelligence, and how does it work? Business intelligence (BI) is the process of transforming raw data into actionable information about your company for make smarter decisions. BI solutions are the tool, and practices that are used to capture, evaluate, and organize data. You can get a complete picture of your business and use it to drive change and remove inefficiencies. How Does Business Intelligence Affect Growth? Business intelligence will help you cut costs, improve decision-making, and increase efficiency, allowing you to expand your company. Learning to sift through and analyze data using BI will help you become a more effective, leaner, and profitable organization. Live dashboard data will provide you with all of the information you need to set the right goals and complete jobs. Real-time data provides decision-makers around the organization with the information they need to make the best decisions possible to move your company forward. Development scheduling, inventory tracking, financial management, and more can all benefit from BI. BI also provides clear statistics, figures, and details to senior management, allowing them to make strategic decisions and steer the business in the right direction. Getting access to the right data—data that you can get from your ERP’s built-in BI tools—is arguably the most important factor in making good decisions. Using business intelligence to enhance your operations will significantly increase your profit and position you for future growth. ERP software that offers reliable, real-time information about daily activities can help businesses save 23% on operating costs and 22% on administrative costs.  Business Intelligence Will Help You Avoid These Mistakes You already have access to linked real-time data for your custom manufacturing shop if you use an ERP to handle it. Unfortunately, many manufacturers still rely on manual processes and Excel spreadsheets to sort through data and make important decisions when it comes to BI and analytics. Learning to use the built-in BI tools that an integrated solution, such as an ERP, provides can help your business operate more smoothly and efficiently. Made Easy Your Business Management with ERP Software If you don’t use a business intelligence strategy to direct your company, you risk missing out on important market trends, failing to introduce efficiencies that will keep you competitive, and making poor strategic decisions. For years, several manufacturers have been sitting on reams of data produced by their machines and systems, unsure what to do with it. Understanding how to use this data and mastering business intelligence in your shop will help your company become more effective, efficient, and competitive. How to implement BI to Work in Your Company To successfully carry out business intelligence tools in your company, you’ll need to resolve employee resistance to change, as with several major changes.Perhaps your general manager has been relying solely on gut instinct to make crucial strategic decisions and steer the company in the right direction. While she may have extensive experience and knowledge of your business and industry, depending solely on gut instinct is dangerous. When implementing BI, consider how you make decisions and what type of information executives and key decision-makers need to make smoother, more confident decisions, as well as the best way to present the data (i.e. reports or dashboards).These conversations about the types of data you’ll need to enhance operations will help you figure out what data you’ll need to collect and analyse. You won’t reap the benefits of business intelligence, as with many other technology ventures. if consumers feel intimidated by or suspicious of the technology and fail to use it as a result. Ascertain that you have key stakeholders in place, as well as a project champion who can successfully drive the adoption of the innovative business intelligence tools. For several manufacturers, implementing a BI strategy would entail learning to fully use and execute their ERP framework. Manufacturers must take the time to understand the full capabilities of their ERP system and work closely with their ERP provider to take advantage of these complex resources, which are integrated into today’s ERPs. If you’ve mastered it, you’ll be able to extract useful information and generate dynamic reports to better understand your market, make better business decisions, meet your objectives, and eventually develop your company. Learn more about the many advantages of SAP Business One ERP’s and analytics software for SMEs. Today to get your company on the right track. Schedule a demo today!

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Cost of SAP Business One People often inquire about the cost of implementing SAP Business One in a small or medium-sized business. After performing hundreds of SAP B1 implementations, our experts have come to the conclusion that the cost of SAP B1 is determined by how well a customer is prepared for implementation. Since system implementation accounts for the majority of the cost, your company can keep track of how much it spends on SAP Business One by planning ahead of time before letting your SAP consulting partner in.   Before hiring an implementation partner, you should consider three high-impact cost factors: process documentation, data cleansing, and training. Process Documentation One of the benefits of a modern ERP system like SAP B1 is that it will assist organizations in standardizing information and operating procedures. At any point of the commodity value chain, SAP Business One strengthens process rules and removes workarounds. Surprisingly, B1 does not establish the criteria or processes; it is you who does. By identifying the organisation principles and reinforcing them by processes and workflow guidelines, you must build and record them. Because only you know which criteria and procedures are vital to your success, your ERP consultant won’t be able to help you. Consider executing process exceptions outside of the ERP setting to save even more on B1, but keep in mind that each new exception necessitates custom-built business logic and, in many cases, new workflows. Don’t think you’ll need your implementing partner to build workflows from scratch if you have many industry-specific processes and knowledge specifications. There are numerous industry-specific add-ons to SAP B1 that expand the system’s flexibility and configurability well beyond its standard capabilities; using these solutions would reduce the cost of industry-specific customizations. Finally, adding functionality to SAP B1 is easy, so keep costs low at first and add functionality as your needs change. Data Cleansing Even the most experienced ERP analyst has no way of knowing whether the data is correct or not; only the departmental teams would be able to distinguish between good and bad data. Before implementing your ERP system, you and your departmental teams must clean and format the data properly. The following are examples of common junk data: We recommend learning how to cleanse data well in advance of the system’s implementation because it takes time and effort. Training Training is a sensitive, critical, vital, basic, and required component of ERP implementation (get the picture?). You won’t get the full tactical and strategic advantages of SAP B1 until everybody is completely immersed in it. Fortunately, you won’t have to pay for SAP or your B1 partner to train anyone. Because of B1’s intuitive nature, many businesses use a “train the teacher” approach, which fits well in this situation.  When using this method, don’t presume that your super users will also be your trainers; they’re sometimes too busy as members of the core deployment/user testing team. Instead, find staff members who have more time but also have a good understanding of the programme and the ability to teach others. Creating a training map is another way to cut training expenses. Determine who will be educated, what they will be taught, where they will be taught, and how they will be taught. Renting an off-site facility in different locations can be costly; can you save money by conducting training online? Would you need special training for each location? By answering such questions, you would be able to find ways to save time, money, and aggregate preparation to the greatest extent possible. However, do not overlook the importance of thorough user training. Employees must feel at ease with the system as soon as it is operational.  

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When you hear the word enterprise resource planning (ERP), what is the first thing that comes to mind? Your thought process is perfectly natural whether your response is on-premise, Cloud ERP, inventory, discrete manufacturing, process manufacturing, or simply manufacturing in general. These are top-of-mind recalls for people who have only a rudimentary understanding of ERP software. People who think of budgets or financial record-keeping when they hear the word ERP are much rarer, as are those who think of year-end closing. Even if a connection between an ERP system and a company’s financial management is rarely established, it is a hard fact that ERP software simplifies financial record keeping and year-end closing. Today, we see much more sophisticated ERP applications with a wide variety of financial reporting tools, including basic financial record-keeping and year-end closing functionality. This blog explores those features and emphasizes the importance of ERP software in streamlining financial record keeping and year-end closing. An ERP module for finance can help a company’s financial management in general, as well as simplify financial record keeping and year-end closing in particular. Let’s start with keeping financial records. A vital tool for streamlining a business’s finances ERP software is a critical tool for ironing out bugs and streamlining the financial record-keeping process. It accomplishes this primarily by streamlining and enhancing reporting, banking, consolidating, income statements, balance sheets, and the financial accounting system. Companies can achieve optimum productivity and transparency by streamlining these functions. To begin, businesses can use ERP software to build and produce personalized and detailed reports. Businesses have a lot of financial information about their sales, orders, billing, payables, receivables, labor, production, and so on. An ERP provides users with real-time access to sensitive information about these functions and assists them in analyzing how money is received and spent. Simpler income statements and balance sheets Income statements, a detailed record of a business’s revenue and expenditures over a specified duration that is collected using data from ledgers, financial reports, and expenditure reports, are another field where an ERP system excels in terms of simplifying financial record keeping. ERP software combines data from ledgers, financial statements, and cost reports into a single income statement, providing a complete picture of the company’s financial situation at any given time as well as assisting in determining revenue and growth patterns. An ERP also reduces paperwork, removes error-prone manual processes, simplifies financial procedures, and streamlines financial preparation and management through its financial accounting system. In a nutshell, ERP software serves as a tool for simplifying financial records and assisting in the growth and progress of a company. Year-End closure made easier with ERP The inventory and tax reporting fronts are the main obstacles companies face during year-end closing. An ERP, on the other hand, makes it easier for companies by automating certain activities and thus avoiding costly mistakes, allowing for data-driven and insightful decision-making. To begin with, manufacturers find it difficult to maintain full production when conducting a physical inventory count at their warehouses to accurately account for all products and finished goods for their financial statements and fulfill their year-end closing criteria. This method can’t be done manually, so it needs to be supported by ERP software that includes warehouse management features. Since inventory can be counted using scanners and barcodes, and the data can be updated to the system in real-time, such software is known to minimize the amount of downtime needed to complete inventory counts. Furthermore, preparing year-end financial statements, such as balance sheets and cash flow statements, takes a lot of time and effort. However, since they are such a crucial necessity for tax reporting, companies are often looking for a way to get around this problem. An ERP system automates documentation and compliance documents based on industry-specific requirements. Importantly, the reporting feature enables companies to assess profitability for the current fiscal year as well as budget forecasting for the next year. Streamlined processes, real-time in-depth financial insights, seamless alignment between the Account Payable, Account Receivable, and General Ledger for all other ERP modules such as inventory, sales, procurement, and materials management, and fast publishing of journal entry are some of the other financial management benefits an ERP system provides to companies. To summaries, ERP software is the missing component in your company’s arsenal for streamlining financial records and automating closing processes. At the touch of a button, ERP software enables you to achieve a quicker, more compliant financial environment. From a single dashboard, you can help your company centrally control the entire statutory process, including changes, corrections, adherence to tax submission deadlines, and other enforcement issues.

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Business Management with ERP Software Systematic ERP software can integrate all internal communication channels with business functions to maximize operational efficiency. Implementing a new management system can seem daunting, but when it comes to the growth and speed of your company, change should be considered a necessity. For example, performing departmental reorganization activities in your company, changing jobs, changing the ranks of executives, and reorganizing departmental objectives are probably the most specific transformation activities you are proposing. These objectives must be based on company specifications and be achieved using existing management tools. The highly efficient and compatible ERP software makes managing those changes seamless, complete and fast. To prove this statement, we have a list of reasons to protect the integrity of ERP software in a growing business. Accurate Information:- All team members should have clear information and data needed to support change management. All team members should have the same details. The ERP system provides a central source of data for all employees to be at the level of inclusion of any medium and large business. This enhances clarity and transparency between executive, managers and team members and creates a good sense of trust. Transparency in Communication:- Clarity is required in communication between team members. It is also important to state the purpose of the change. Without understanding the purpose of internal change, the team has no direction of new positions and responsibilities. However, every employee must be able to communicate freely with the people responsible for changing the company. The ERP system supports this change and provides free communication between departments to clarify and minimize errors. Comprehensive Business Automation:- ERP Software indicates the need to make changes to the company using dynamic tools. Having business intelligence reports that integrate the functions of all departments can open up opportunities for process improvement and job sharing. Without an integrated business plan, these exchange opportunities only arise in the event of a profit threat. Well-trained managers are more likely to achieve successful management because of the urgent need to retain a company. Better Data Security:- Unprotected information is at high risk during internal change. It can be translated, duplicated or simply lost. ERP software detects such backups quickly and protects data and scans existing records and can be used in a secure environment. ERP management is done without administrative problems. Linking your company to an ERP solution can support current transformation plans and at the same time open up opportunities for future growth. With the best ERP solution, change management will be more efficient, easier, safer and more efficient. SAP Business One is a highly compatible ERP software for small & mid-sized businesses. This will benefit your business seamlessly and will also invest and grow your business in the future. Examine your business to see if our ERP best suits your company’s needs.

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Time is one of the best gifts you can give to your organization. Employees often suffer from routine and repetitive tasks that prevent them from focusing on more fulfilling, high-value jobs. Your team prefers to engage in long-term business growth and smart strategies if they have more time. Many of the day-to-day business activities have grown into self-employed and can help reduce repetitive tasks. For example, if your sales team had more time for selling and high-level planning instead of filling out reports, for instance. When employees are stuck in the process of repeating data entry and monitoring activities, valuable time is wasted and can be spent on strategies and business development. Also, these types of tasks are quick and easy to manage on their own and are generally less important. If your business isn’t automating at least some of the following tasks, you’re taking precious time away from your teams that could be better spent Some of the low-hanging fruit from automation: Invest in Automation to Save Time Can the ERP software be able to automate these tasks? The main advantage of ERP is the ability to automate and implement business operations and develop better employees and organizations. The sharing and distribution of data and processes makes it easy for different departments to share data and integrate without any hassle. If you aren’t taking advantage of these automations to give your teams more time to focus on higher-value tasks, you’re doing a major disservice to your company. If you do not have an ERP system in place, you should consider investing. ERP utilizes artificial intelligence (AI) and machine learning to a standardized business model to deliver quality and storage value across the business environment. It also provides team members with valuable tools to help them perform better. ERP improves the entire process, from real-time viewing of product samples to direct access to customer data and history. This not only helps team members, but saves valuable time and allows you to focus on business growth and planning. The Internet of Things (IoT) which is integrated with the design of business resources also allows integration and development in all environments using a small sensor. This allows you to track products and accessories as they navigate. The result is longer life expectancy, reduced maintenance costs, and time savings. The IoT provides more information on how customers use the product. This helps improve product design and advertising efforts, especially because organizations have more free time to focus on these types of efforts. If you are not using ERP Software to manage your day-to-day operations and do not give your team time, you need to adjust your current system. Increasing productivity and directing and simplifying work as a whole is important to provide team members when they need to focus on developing their business. The ERP system may not be implemented and may refuse to invest. Our guide explains how cloud ERP can reduce business costs, automate day-to-day operations, and, most importantly, give your team valuable time.

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Enterprise Resource Planning? In today’s business environment, no business is too small for an ERP solution. Learn the benefits of this long-term investment. This is a question many business leaders ask themselves. The acquisition of an ERP system is one of the largest investments a company can make, but many small and young companies claim that they are “too small” for ERP. This stems from the mindset that the number of users drives the demand for enterprise resource planning solutions . The fact is that a small business must be faster and sharper than the competition. In today’s business environment, no business is too small for an ERP solution. ERP allows small businesses to appear, act, and operate like an enterprise-scale enterprise. Enterprise Resource Planning (ERP) has been considered the backbone of many enterprise-scale enterprises. The software is a key tool for managing production, order processing and inventory. It also monitors business resources among stakeholders, such as; revenue, materials, orders, staffing, and manufacturing capabilities. All of this is done in a single interactive database management system with built-in analysis and dashboards. ERP can be implemented in multiple industries, including manufacturing, retail, human resources, steel, concrete, banking, pharmaceuticals, chemicals, oil/gas, and agriculture, agriculture, and livestock management. In the past, small businesses did not have so many suitable ERP options. These companies simply do not have the funds or technical support to create the infrastructure needed to adopt traditional enterprise-scale ERP Software. As a result, the growing company ultimately created a fragmented business structure consisting of several separate programs that deal with finances, inventory, sales, wages, etc. However, recent technological advancements have opened the door to more practical small business solutions. What Do Small Businesses Need to Understand? In a small company or start-up company, employees wear multiple hats. Everyone pitches where and when they need it (this is often). Who has the time to manually process multiple spreadsheets and separate large amounts of data? Enterprise resource planning systems for small businesses can mix and automate key business functions such as order processing, production, and finance. What Benefits Do Small Businesses Get From ERP? Transparency: Not every department has its own information system, but all relevant data can be shared and accessed by all departments. This eliminates the need to re-enter or export data, which may reduce errors, increase productivity, and reduce human resource expenditures. Decision-making: The real-time data provided by the system can be beneficial to marketing, management, and accounting, enabling organizations to make important decisions on time and reduce waste. The team can spot any potential obstacles or problems that could shake productivity levels. The overall picture of the business allows business leaders to make effective decisions and respond quickly to the ever-changing business environment. Productivity: By simplifying business processes, staff can focus more clearly on managing more business volumes. This helps transform all aspects of the business and overcome the challenges involved in business growth. Plan for Now and the Future Due to the risks of financial and inefficiency, many young and small companies are reluctant to invest in mature enterprise resource planning solutions. Ultimately, you need to understand how your business works to fully understand what you want from the ERP program. This enterprise resource planning solution is very suitable for companies with various needs and complex business processes, while maintaining cost-effectiveness and rapid use. This company knew that it was moving in the direction of growth, so instead of starting with entry-level accounting software and eventually transitioning to advanced ERP solutions, they invested in a solution that would make them successful. If implemented incorrectly, even the best ERP software will fail. With so many options, it may be in your best interest to find a consultant who specializes in ERP solutions and implementations, and to ensure that you choose the right system and effectively manage changes.  

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SAP Business One can have a positive impact on your business, especially when you are ready to start expanding. 1. Low-cost large-scale solution The operational requirements of many small businesses are as complex as those of large organizations. The great thing about SAP Business One is that you can access the same type of enterprise resource planning (ERP) system used by multinational companies without paying a high price. SAP provides the same types of tools in integrated solutions-business intelligence and analysis, sales forecasting and management, and customer relationship management. 2. Higher financial visibility Automate daily accounting tasks, such as general ledger and daily account maintenance, tax calculations, and enabling transactions in different currencies. SAP Business One can easily analyze financial information. Companies can easily manage their cost center structure hierarchically to obtain clear and accurate reports. Users can configure the budget allocation method, define the budget number in any currency, and display a summary budget report that compares the actual number with the planned number. SAP Business One provides functions to create business, accounting, warehouse, and financial reports, account statements, and custom reports. Reports can be exported in different formats, including Microsoft Excel, Word, and PDF. 3. Improve supply chain management The inventory function of SAP Business Ones enables users to accurately manage inbound and outbound shipments, material master information, and price lists. Users can define alternative items, adjust them up and down, and re-evaluate inventory costs based on current market values. This function allows users to define production materials (manufacturing), purchase materials (purchase), or materials not in inventory, including labor, travel or fixed assets. Serial numbers can be automatically generated based on templates. Users can assign batches to products and classify them by shelf life or any other attributes. Uses an inventory valuation method to maintain reports, and users can easily select items from the list and change the current valuation method to an alternative method. You can define multiple levels of storage boxes in the warehouse, which will allow you to store goods in a single storage box. You can configure these storage bins with your own parameters, restrictions, and requirements. In a department store, inventory counting is usually a continuous process. This function speeds up processing by determining when each inventory item should be counted.Users can define any number of price lists and link them to customers or suppliers. This function allows users to manage the sorting and packaging process in three queues. After the sales orders are entered, they will be displayed in the “open” queue and can be released for picking before delivery. 4. Better forecast customer needsClosely integrates your sales and customer relationship management functions. Track the progress from the beginning of the transaction to the end of the transaction, and improve pipeline accuracy. Once your potential customers become customers, you can manage all customer relationships and marketing activities through one platform. Centralizing all data in one place enables you to build more effective services and communication programs. 5。 Industry Best ImplementationNo matter which industry you are in, SAP Business One can immediately provide you with a best practice system. This solution can be tailored for your wholesale, manufacturing, construction, or distribution business. Compared with other solutions on the market, its implementation speed is quite fast. 6。 Improve decision-makingTo create and customize all the reports required to make you greater confidence in the decision-making. You can configure settings and report data that is important to you and can support more agile decision-making methods. 7。 Easy-to-access trainingSAP has invested a lot in online training and user assistance, so you can easily get your team and new employees to get started quickly. In leverage technology, we also provide you with free training and additional content, such as commentary seminars and webinars. Osswal Infosystem has the experts needed to manage and implement SAP to provide the best ERP solution, so you don’t have to worry about process modernization. SAP Business One partner is known for helping companies make the most of ERP services to enhance profitability and functionality and thereby increase revenue. Osswal Infosystem will help you make full use of SAP B1 software to help you make decisions based on instant information. We provide one-click SAP installation for your business.

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What is ERP Software and Why is required for Our Business? ERP Software ERP stands for enterprise resource planning, it makes business more profitable and provides a level of control unrivaled by utilizing ERP you become smarter and strategic decisions become more fluid and easier to make. What exactly is ERP? Weknow it means enterprise resource planning but what is its real purpose? ERP is an umbrella term for a complicated type of software setup. ERP can be very simple once you understand its purpose and the depth involved. So let’s take a look at that now and it really can help your business grow and connect better it can be customized and tailored to your needs. Your business is unique and has individual requirements that need specific software solutions. When you roll out an ERP system you open up access to task management human resources, fleet management bills, expense management, purchase orders, project management, invoicing, stock management, and quotes asset management. Now let’s say you have a warehouse this warehouse stocks all of your products. When a product is ordered, ERP will be involved in every part of the cycle it will automatically schedule delivery and arrange who should prepare the product then provide monitoring and transit through fleet management and even replenish that product all automatically fill. Why is required Would your brain be as powerful in controlling your body’s different parts? If it had no information on their strengths, weaknesses, and abilities. An enterprise resource planning system is similar to the brain as it integrates different departments across a company in a centralized manner. It enables agility by connecting information from everyone, every department, and every process throughout the entire enterprise, and this means seamless communication full picture of your valuable resources and eventually confident business decision. ERP is controlling and coordinating every part of your business, from quotation to delivery and invoicing. Provide you with the full information necessary for effectively manage your business processes. ERP helps in areas like inventory management, productions, sales, HR, accounts, and several other business processes. With a fully web-based application, you can work from anywhere on any device and cooperate in real-time with the latest data at your fingertips. Markets change fast. You need to know where you are now today because it is the time to do business better.

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