Centralising Business Data with SAP Business One
Using a standalone application to manage the operations of your business may be appropriate when starting out, but as things keep changing as your business grow. As the number of employees increases, orders and logistics increase, and your revenue, so does the amount of data business must manage. Different departments have different data requirement and needs, and it is necessary for every data set to integrate to enable the business to run smoothly and effectively. Many growing businesses use several different software systems, which results in data duplication, manual errors, and data mismanagement. Centralising business data in an integrated Enterprise Resource Planning (ERP) system allows for better reporting, spending less time on daily tasks, and more time on strategic decision-making.
SAP Business One can help small and mid-sized businesses gain better control of business data by operating on one centralised system. Users can leverage the features of custom reporting and analytical tools available through SAP Business One, providing important insight into business operations.
Below are five more reasons you should centralise your business data with SAP Business One:
Reduce Data Duplication
Many growing businesses have to try and manage running on disparate IT systems. Employees have to enter data into multiple systems, increasing the amount of fragmented information and manual errors. With SAP Business One, the business data is stored in one integrated system where employees and managers have to only enter it only once from the main source, and others can easily access it from multiple locations. Accounting, sales, production and shipping are all managed through one solution, and all data is stored centrally.
Increased Customer Service
Centralising business data reduce not only human errors but also increases customer satisfaction. Reducing human error means it’s less likely for businesses to go wrong with orders. By using SAP Business One, users have quick and easy access to accurate customer records and sales orders, allowing businesses to improve their level of service and speed.
Improved Visibility into your Business
When business systems are disjointed, business processes and communication flow can go wrong. Employees need visibility into other departments for efficient reporting and seamless customer transactions. For example, supply manager needs information on item stock levels to fulfill a customer order, and an accounting professional needs the same information to understand the financial value of the business. By having all departments integrated and their data centrally located within SAP Business One, managers and employees can have complete visibility into their business and better control over operations.
Having your business data centralised means having critical information at your fingertips. This quick and easy access to information reduces the amount of time employees spend on manual tasks and improves their productivity. With the help of real-time information, managers can streamline activities, reconcile financial information, and gain insight into stock levels across warehouses. SAP Business One improves reporting capabilities, and provides more in-depth analysis. With this integrated software, management can drill down into reports, analyse the information, and make more informed, strategic decisions.
Better Manage your Supply Chain
Businesses running on disparate systems face a lack of traceability within the supply chain. Information is disorganised, and there is often an inability to forecast demand accurately. Integrating all departments data with SAP Business One improves not only reporting capabilities but also enhances supply chain management. An efficient supply chain ensures a decrease in stock-outs and an increase in order fulfilment rates, resulting in real value for customers.
Using SAP Business One allows management to integrate all business data, leverage custom reporting and analytical tools, and increase customer satisfaction through improved business operations.