Eight challenges faced by SMBs - and how SAP Business One can solve them
SAP Business One is an ERP system made specifically for SMBs. Once deployed, SAP Business One makes life much easier for SMEs. What challenges are tackled by SAP Business One?
- Long wait for figures
Having an overview is important for decision-makers in your company. Yet many decisions are delayed because your employees have to wait for other employees to provide the figures manually.Ria from purchasing, for example, needs an up-to-date inventory summary from warehouse manager Alex. That information is manually put into a document and passed to her. Ria, in turn, must enter this information into her system to make an informed purchasing decision. By the time she gets to that, the numbers are actually out of date...With SAP Business One, filling and maintaining multiple documents is no longer necessary. Alex simply maintains his inventory in the system and Ria can view this data in real time.
- Spending an eternity compiling reports
Let's face it - finding the right data and compiling reports is quite a chore when using multiple source documents.Creating a single summary from multiple spreadsheets requires quite a bit of "Excel magic" from your staff or else just plain diligent labor.But not with SAP Business One! Up-to-date and accurate reports on every aspect of your business can be created at the touch of a button. The necessary data is already in the system. Inventory reports? Simple. Financial data? Done. Project status? Sorted. Sales figures? No problem...
- Stacks of paper files
You'd be surprised how many SMBs still print and store paper files. SAP Business One, however, eliminates the need for paper files and completely digitizes your business. The system can be hosted either on-premises or in the cloud with built-in data security and firewalls. - Duplicate data
If two different departments have their own system of working, there is a risk that both departments enter and store the same data on customers, orders or projects.This irrevocably leads to duplicate data. Quite apart from the unnecessary labor this requires, it can create dangerous situations. If the stored data start to differ from each other, mistakes are easily made, and the process of cleaning up figures can be even more of a waste of time.SAP Business One eliminates the risk of duplicate data and collects all information in one real-time system.
- Mistakes with numbers
People will always make mistakes. SAP Business One cannot always prevent those errors. But what the system does do very well is reduce data errors. After all, errors are easy to spot and flag when all the information is in one place. Once it's noticed and corrected, there's no need to do it again. - Too much stock or waste
This is the ideal picture: you receive goods from your suppliers exactly when you need them. This makes you perfectly efficient: you don't store more than you need and you can always meet customer demand.Yet for many companies, this is more of a utopia than reality. Not so for companies using SAP Business One! In SAP Business One, orders, planning and inventory are aligned in such a way that it becomes a lot easier to handle people, machines and raw materials efficiently.Thanks to AI, SAP Business One can, based on historical data, increasingly better predict when new goods are needed and prepare purchase orders for you in advance or automatically enter them with your suppliers. It doesn't get any easier!
- Customers who have to chase their own orders
You have to treat paying customers with care. After all: if they are satisfied with your service, you may enjoy it for years. But: if customers are dissatisfied, they will eventually look elsewhere.SAP Business One has a built-in customer management system (CRM) which helps SMEs take better care of their customers. Historical orders, contracts, service and support data and any complaints are available at the touch of a button.So with SAP Business One, you don't just keep track of production and finances, but more importantly, you put the customer at the center of your business.
- Poorly motivated employees and workplace stress
A recent survey by SAP found that 50% of procurement professionals say they have sleepless nights because of shortages and supply chain issues. Struggling to get the right information or see the full picture can be a stressful situation, especially when important decisions need to be made.In contrast, overview - not being behind the times - creates peace of mind and job satisfaction. You deliver on time, fewer mistakes are made and fewer complaints come in. So you never have to make excuses or escalate things internally again. How nice is that?
Conclusion
When you are a small or medium-sized business in flux, your multiple systems and processes quickly become a barrier to productivity and efficiency.
With SAP Business One, you can be much more responsive to supply and demand and easily scale up as needed. As your business grows or changes, you can easily expand the ERP package to manage more employees, more inventory, more customers and more data.