Best ERP for international companies | including experience stories
Best ERP for international companies | including experience stories
When your business crosses international borders, you want an ERP system to match. One of the best ERP systems for international SMEs is SAP Business One. In this blog, we discuss challenges that international companies face and the integrated solutions that SAP Business One offers for them.
For international wholesalers and manufacturing companies, choosing the right ERP system is one of the most important steps on the road to greater control, visibility and efficiency.
Doing business internationally automatically brings more complexity: different countries, languages, currencies, VAT rules and branches. The best ERP for international companies is therefore not just another accounting program, but a system that grows with that complexity.
Challenges of international companies
An internationally growing company quickly notices many ERP systems have limitations for doing business internationally. Multiple warehouses, various sales channels and an increasing number of foreign suppliers create a chaotic picture of inventory, margins and financial position.
Especially for international wholesalers and manufacturing companies, it is therefore essential that you have one system that shows orders, inventory, production and finance in one.
Especially for international wholesalers and manufacturing companies, it's essential to have one system that shows orders, inventory, production and finance in one.
Added to this is the fact that you always have to deal with different currencies, local rules and communication in multiple languages . A good ERP system helps here not only with compliance, but especially with preventing errors in invoicing, purchasing and reporting.
Multiple languages and localizations in the ERP system
For international companies, it's more normal than you think that employees work in different countries, each with their own language. SAP Business One therefore supports nearly 30 languages in the system, so that both master data and field data can be managed and displayed in multiple languages.
In practice, that means order forms, delivery notes, item descriptions and reports can be queried in the local language. This is especially valuable for international wholesalers because product data is often used by multiple countries and teams. This prevents misunderstandings in orders, deliveries and service.
Computing with multiple currencies
When you sell or purchase in multiple countries, you inevitably work with multiple currencies. In SAP Business One, employees can therefore calculate in the local currency, and the consistent processing of currency differences ensures reliable representation in central financial reporting.
You can then, for example, purchase or invoice in euros, dollars, pounds or other currencies, while accounting and management reports are automatically merged into one overarching currency.
This keeps everything insightful without losing your steering information or having to convert manually.
Intercompany functionalities
For companies with multiple branches, subsidiaries or legal entities , intercompany is a core issue. That is exactly why SAP Business One offers strong intercompany functionalities.
Think internal buying and selling between companies, automatic copy of transactions and processing intercompany invoices with the correct currencies.
Instead of manual double entry, you can run such flows in a single system, reducing workload and reducing the likelihood of errors and anomalous entries.
For international wholesalers and manufacturing companies, that means better control over inventory flows, margin and financial results across multiple businesses.
Read experiences of our customers
Logres works specifically with international wholesalers and international manufacturing companies, seeing in practice how these organizations are growing while looking to simplify their processes.
- Dent-Med Materials
Medical wholesaler Dent-Med Materials has to deal with strict European legislation for medical devices. Especially when it comes to international traceability. If there is a problem with any of the products supplied by them, they must be able to provide, within 24 hours, a directory of international customers who have purchased that batch. SAP Business One was able to facilitate this. Read their story. - TopMedia
TopMedia is a wholesaler of computer components with a large warehouse in Amersfoort as well as an office in China. They serve customers all over Europe. One of the biggest improvements brought about by the implementation of SAP Business One was insight into inventory and customer-specific pricing, in the various international currencies. Read the story. - Maasland
This wholesaler in access products has branches in both the Netherlands and Belgium. SAP Business One uses two localizations here, so that the Belgian administration is adapted to Belgian laws and regulations and the Dutch administration is adapted to the Dutch. This way you avoid VAT problems and always comply with set requirements. Read the story.
An ERP system that grows with you
If you are looking for an ERP that you can grow with your international business, choose SAP Business One, implemented by Logres Business Solutions. With 30 years of experience, our consultants can help you take advantage of all the opportunities for international business.