We often encounter question of ” What is SAP Business One? “. The question usually comes from those who are using accounting software such as Quickbooks, Xero, MYOB, Sage 50 (formerly Peachtree) and other similar business management solutions.
There is a misconception that SAP Business One is similar to SAP, which is the market-leading business management solution used by Fortune 500 companies. SAP developed SAP Business One from the ground up to cater to small businesses for it to be affordable, efficient and successful. It is very user-friendly, have rock-solid reliability and follows all the appropriate accounting rules.
What is SAP Business One?
SAP Business One or SAP B1 is an enterprise business management solution that is affordable for running an entire small and mid-sized company which includes all the vital functions in a company – financial, sales, customer relationship management, vendor relationship management, inventory, purchasing, discreet manufacturing, project tracking, planning and reporting.
SAP Business One runs on Microsoft SQL Server database and also support SAP’s own HANA in-memory database. Unlike smaller accounting solutions, SAP Business One has incredible performance and reliability. Below are some of the benefits of using SAP Business One:
- Lower cost by minimising training requirements
- Enterprise search – allowing you to find any data quickly
- Improved customer relationships
- Industry specific solutions
- Save time & increase your bottom line
What is SAP Business One is best summarised as modern ERP solution designed for a streamlined implementation and fast return on investment (ROI). It is designed to be rapidly implemented, easily supported and quickly configured to your business workflow & processes.
For more information on SAP Business One for small businesses, speak to us.