10 ways SAP Business One ERP makes your job easier

If you’re looking to increase the efficiency of your business, you may have heard of SAP Business One ERP. It’s a software designed to help small and medium-sized businesses better manage their finances, inventory, sales, and customer relationships. It’s also one of the most popular ERP systems available for this type of business.

The first thing to understand about SAP Business One is that it’s not just a piece of software. It’s a complete business management system that integrates multiple applications into one easy-to-use interface.

In this article I’ll break down the top 10 ways in which SAP Business One can make your job easier. In no particular order, here we go:

1. One solution to rule them all

All of the people in your office are human capital.

They’re that one employee everyone’s friends with, that coffee snob who can’t stand the smell of coffee on an entire floor, and the receptionist who always has a positive attitude despite her hours being cut. They’re all different, but at their core they’re all the same: valuable members of your workforce. To keep them happy and engaged, it doesn’t hurt to go above and beyond to keep them happy. Here are some ways you can do just that—one solution to rule them all!

2. Efficiency & automation

Now that you have the tools to manage your organization’s diverse and fast-moving business processes, let’s look at some of the ways SAP Business One can help boost your efficiency.

Make data extraction easier

With the right software, organizations can:

  • Automate tasks and workflows – reduce manual workloads and empower teams to focus on more strategic initiatives
  • Automate reminders – eliminate tasks that involve chasing people down for information they don’t have or forgot to send
  • Automate business processes – gain efficiencies from simplifying complex processes so you can spend time on performing value-added activities instead.

3. Collaboration

  • Collaboration

Collaboration is a great way to increase efficiency and productivity in your workplace. It’s also a great way to get ideas from other people, as well as help manage projects. These are some of the many ways that SAP Business One ERP helps you with collaboration:

  • Access to real time data
  • Personalised dashboards
  • Create workflows

4. Innovation

  • Because they are tied together, SAP Business One assists you in developing and improving products and services.
  • The software also helps you create new ways of doing business (internal operations) and delivering value to customers (marketing).

5. Analytics & reporting

  • Analytics and reporting go hand in hand.

With SAP Business One, analytics and reporting are the same thing. With embedded advanced analytics, you can generate reports on the fly with just a few clicks of your mouse.

SAP Business One is powerful and flexible enough to support sophisticated analysis for any user across any department, yet it’s easy enough for everyone to use on a daily basis.

It’s also secure and mobile, so you can view reports from anywhere with an internet connection, while ensuring that only authorized individuals can see the data they need to see—and no one else!

6. Easier decision making

You have access to reports that show real time, up-to-the minute information that helps you make better, easier business decisions.

You can run reports on your mobile device and be informed wherever you are. Your mobile device becomes a powerful tool to help you make better decisions.

7. Easier inventory management

Inventory management is a complicated task, but with the inventory module in SAP Business One, this process will be a breeze.

The inventory module is specially designed for your company to efficiently manage your supply chain and warehouse processes. You’ll be able to track items from purchase order through sales order and shipment.

The software also allows you to create barcodes for each item you carry so that you can easily track your goods throughout the supply chain.

Warehouse managers will also enjoy being able to see all of their items on map views, which are conveniently color-coded by status.

8. Easier product management

Product management is easier because you can:

  • Create and maintain products and services, bills of materials, and production processes
  • Create sales quotations, sales orders, delivery notes, invoices and return orders related to the product
  • Update the information on distributed products using mobile scanners

9. Easier financial management

The Financial Management module gives you the tools you need to track financial data, manage cash flow, and gain business insights.

With SAP Business One, you can view financial reports in real time, analyse performance with dashboards and graphs, and plan for the future more accurately-no more waiting for outdated information.

10. Reach new customers & markets with e-commerce capabilities

E-commerce is a no-brainer way to grow revenue, but it requires the right technology to help ensure a seamless shopping experience.

SAP Business One ERP helps you expand your business with integrated e-commerce capabilities that are simple to set up and easy to use.

You can manage your online operations from within SAP Business One and share information with your online store by using the customer portal or by integrating SAP Business One with an existing e-commerce platform of choice such as Shopify, Storefront Cloud by EDI, Magento, or BigCommerce.

The commerce module provides you with the tools you need to manage multiple online stores from a single platform.

You can use it for online sales through social media platforms or your own webstore, enabling you to sell anywhere at any time for real time inventory management.

Overall, SAP Business One is a very powerful program that helps businesses work smarter. By taking a look at these ten ways it can make your job easier, you should have a better understanding of how Business One can help to enhance your business.

To better understand the benefits of SAP Business One for your business, contact us today!

Build an Intelligent Enterprise with SAP Business One

When it comes to the topic of an intelligent enterprise, an image of a futuristic office full of robots, artificial intelligence, and digital people immediately comes to mind. If you’re a business owner wondering what the fuss is all about or how you can build your own intelligent enterprise, here’s your guide.

Intelligent enterprises are no longer science fiction; they are a reality that many businesses are adopting today. With the help of technology, businesses can now optimize their operations by taking better decisions and leveraging data to offer personalized customer experiences.

The term “intelligent enterprise” was coined by SAP in 2018 to describe an organization that uses technologies like ERP, Artificial Intelligence (AI), Big Data, Machine Learning (ML), Robotic Process Automation (RPA), and more to improve operations and offer better customer experiences.

The concept of an Intelligent Enterprise is one that has been around for a long time but only recently has the technology caught up to the vision. In fact, many companies have been using ERP solutions such as SAP Business One for years to understand and act on their data to drive their business.

This is especially important today as customers have more choices than ever before, and they tend to pick brands that offer them personalized experiences.

But what is an intelligent enterprise? What are the benefits of running your business as an intelligent enterprise? How can you build an intelligent enterprise using an ERP solution such as SAP Business One?

Let’s take a look.

What is an intelligent enterprise?

The Intelligent Enterprise is a trend that’s here to stay. And for good reason. Your competition is using it, your customers are using it, and your employees are using it!

An Intelligent Enterprise is a business that uses technology to streamline business processes as well as gain new insights through the use of analytics, machine learning and artificial intelligence. The result is a more agile, streamlined business that can scale easily to adapt to changing conditions.

The goal is to use this data to provide better experiences for customers as well as employees, reduce costs and risks, improve efficiency, and enable growth.

The Intelligent Enterprise is designed with two elements in mind:

1.Intelligence – Connecting people, devices, applications, assets, and goods in real-time so that you can capitalize on insight and make better decisions at every point of business operations.

2.Experience – Enabling personalized digital interactions throughout your value chain by creating superior experiences for your customers, employees, and partners.

The Intelligent Enterprise is an approach to business that focuses on data as an asset that must be leveraged in order to achieve success and growth.

The ability to make timely decisions based on data will continue to gain importance in the future as companies strive for competitive differentiation in a fast-paced environment where change is constant.

This means that your business needs to focus on three main areas:

Applications:

With an efficient Enterprise Resource Planning (ERP) system, your business can boost application capabilities by leveraging business data to extract valuable insights for an improved decision-making process.

Digital Platforms: 

A cloud -powered digital platform is a crucial component for Intelligent Enterprises to leverage benefits like reduced costs, scalability and the use of the latest technologies.

Technology:

Be it the Cloud, Big Data, machine Learning, Robotic Process Automation or Artificial Intelligence, technologies are the final step towards an intelligent enterprise. ERP tools like SAP Business One can become the core platform for your business to adopt digital transformation and build an Intelligent Enterprise.

Benefits of running your business as an intelligent enterprise

Intelligent enterprises are powered by a robust business network, data-driven decision making, process innovation, and organizational learning. These features enable intelligent enterprises to:

  • Adapt quickly to changing market conditions
  • Provide personalization across all channels
  • Leverage analytics for real-time decisions

The benefits of becoming an Intelligent Enterprise are numerous, but include:

Improved productivity at every level: from customer service to production, improved visibility helps companies save time and money by eliminating bottlenecks and inefficiencies

Increased revenue: by gaining a complete view of the customer, companies can increase sales and improve customer loyalty

Improved profits: by anticipating customer needs and delivering on-time and on-budget, companies can improve their profit margins

Intelligent Enterprise is SAP’s new strategy, which aims to help companies to become more efficient and profitable. By leveraging the power of cloud, artificial intelligence, and machine learning, Intelligent Enterprise helps companies to accelerate their digital transformation journey.

How can SAP Business One help build an intelligent enterprise?

To become an Intelligent Enterprise, you will need a combination of people, processes and technology. SAP Business One enables businesses to innovate at scale by providing comprehensive application development and integration services all in a single platform.

SAP Business One is a tool designed to help you build your intelligent enterprise. It is an ERP system that is specifically tailored to SMEs. This system has been developed with the aim of combining business processes into one place, and using the data generated by these processes to extract meaningful insights and make better-informed decisions.

However, SAP Business One is not just an ERP system. It can also act as a digital platform. It is available as a cloud-powered platform which can ensure scalability, reduced costs, and timely access to the latest technologies which are vital for building an intelligent enterprise.

SAP Business One offers everything from ERP, CRM, Supply Chain Management, Logistics and other features. The following are some of the benefits of running your business on SAP Business One:

  • Ability to grow your business faster
  • Ability to personalize customer experience
  • Offer integrated sales and operations planning
  • Efficient supply chain management
  • A 360-degree view of your entire enterprise
  • Enable end-to-end visibility across all processes
  • Increase productivity and efficiency
  • Accelerate decision making with real-time analytics

SAP B1 offers industry specific solutions for a range of businesses including manufacturing, distribution, retail and services.

The intelligent enterprise is powered by data so you need to collect, integrate and analyse data. It is important to have visibility across the organization, understand the customers’ needs and offer personalized services.

For example, if you are in the manufacturing industry, you would want to know which product sells in which region or time. This data can be used to take corrective measures such as increasing production or stocking up on inventory for popular products or season.

SAP Business One can also help you adopt the latest technologies like Big Data, Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML).

The software integrates all these technologies within its framework so that you don’t have to spend time and effort creating a working solution yourself.

Whether it’s in the consumer or business world, technology is only going to become more and more ingrained in our daily lives. And right now, we have the unique opportunity to be a part of that—in fact, to shape those changes while they happen. The sooner you can adapt your organization to meet the adaptive requirements of an intelligent enterprise, the better chance you’ll have at staying ahead of your competition.

For a friendly chat, please contact us now to find out how Signum and SAP Business One can help you on your intelligent enterprise journey.

Why SAP Business One is the Best Chemical Manufacturing ERP

People do everything they can to make their life easier. In business, it’s no different. Technology offers different kinds of software and applications that can help your business grow. Chemical manufacturing is no longer just still water and chemicals – it’s also moving forward into some hi-tech areas. Chemical manufacturing ERP is at the forefront of technological advancements and to be successful, you must go with the flow.

In today’s fast-evolving business environment, the concept of staying competitive is almost synonymous with the need to adapt to change. In order to stay at the forefront of competition, businesses are constantly faced with the challenge of adapting to new challenges, challenges that demand constant innovation and an ability to adopt newer technologies.

Trying to balance this constant call of innovation and adaptation along with the need for maintaining a smooth day-to-day operation of a business can be a tricky task. This is especially true for those companies that operate from a multi-location or are involved in complex manufacturing processes.

In such cases, it becomes imperative for businesses to ensure that all their operations including production, sales and distribution, as well as supply chain management are carefully streamlined in accordance with business needs and goals, while accounting for all possible contingencies including changes in market conditions, external factors and so on.

One area where businesses have often struggled when trying to keep up with the pace of change and evolving market needs is in their IT infrastructure. Often companies end up having multiple point solutions that work independently and do not help them achieve their strategic business goals. In fact, this can often result in significant wastage of resources, creating a situation where it becomes difficult for companies to achieve maximum ROI.

The chemical industry is one of the most prominent industrial sectors in the world. From petrochemicals and pharmaceuticals to fine chemicals, the industry deals with multiple products and uses. Along with it, comes multiple tasks that need to be done on a regular basis.

As the sector continues to grow, businesses are looking for ways to efficiently manage their activities and operations. With automation and digitization making significant inroads, business owners are looking for solutions that can unify their business functions.

With an enterprise resource planning (ERP) system, chemicals companies can automate and optimize processes that affect nearly every aspect of the business.

Here are a few examples of how an ERP system can help chemicals companies:

Chemicals companies manufacture products that are used by industries such as energy and engineering. An ERP system helps these companies to plan their manufacturing schedules and then tell them when they will deliver the products to their customers. The system also provides information about the status of orders as well as delivery date and time.

Inventory management is another key feature of an ERP for chemicals companies. In this case, the system tracks movement of raw materials and finished goods in real time, which means that you know when your inventory levels become low and need replenishing. This streamlined process eliminates the guesswork involved in managing inventory, thereby helping the company to make better decisions regarding inventory supplies.

A vital aspect of any business is customer satisfaction. If a company fails to provide its customers with high-quality goods and services at competitive prices, it risks losing those customers. An ERP system is essential for tracking customer data, capturing customer feedback and maintaining customer relationships throughout the entire sales cycle.

SAP Business One is one such solution that can provide the much-needed centralization and integration for your business processes.

Let’s look at why SAP Business One is the best fit for the chemical manufacturing industry:

SAP Business One ERP offers a wide range of features that helps in solving the most common and challenging problems faced by Chemical companies, some of them are listed below:

Compliances to Government Regulations

SAP Business One has a wide range of features that helps in complying with different government regulations and standards regarding manufacturing, inventory tracking and quality control.

Batch/lot Wise Inventory Management

With SAP Business One, you can track your entire inventory in batch wise and lot wise. You can also manage the quantity of materials used in production process at each stage and control the inventory level of your finished goods.

Formula Management

SAP Business One allows you to store all formulas used during manufacturing process along with their formulas allowed value (FAV) or maximum allowable quantity (MAQ). This makes it easy to track any changes made to a formula while also ensuring its compliance with quality standards.

Cost Accounting for Products and By-products

SAP Business One has features that help you determine the cost associated with producing each product enabling you to increase your bottom line.

Supply Chain Management

The software handles stock management, manufacturing planning, order processing, transportation management, shipping and receiving requirements, warehouse management etc., which are crucial aspects when it comes to managing supply chain effectively.

Business Intelligence

You can easily access the information related to inventory levels, sales performance etc., based on your business needs by using reports and dashboards. It helps you get the right information at the right time.

The SAP Business One solution is ideally suited to the Chemical Industry as, in a nutshell, it allows companies to:

  • Efficiently manage their production schedules.
  • Control their manufacturing process.
  • Get real-time information on the chemicals that are being produced.
  • Improve quality control.
  • Understand how much raw material is required in various steps of production.
  • Quickly identify bottlenecks in the production process.

  • Produce reports on product formulas by batch.
  • Comply with regulatory standards
  • Reduce costs
  • Improve customer service
  • Enhance business performance

As far as ERP systems go, SAP Business One seems like an optimal choice for chemical manufacturing companies looking to run their entire business on a single platform. It’s affordable and customizable, flexible down to the core, and suited for the needs of chemical manufacturing enterprises, which will benefit from a host of useful features

In conclusion, if you’re currently using a chemical manufacturing ERP, it’s time to take a deeper look at SAP Business One. As your business grows and expands into global markets, you’ll have everything you need to create innovative solutions for your customers based on digital manufacturing and Industry 4.0 technologies.

Are you ready to take your digital transformation a step further? Then contact Signum Solutions to learn more about how our software can impact your business growth.

SAP Business One Microsoft Outlook Integration

A short introduction to SAP Business One Microsoft Outlook Integration

Microsoft Outlook integration has been a highly requested feature since the beginning of SAP Business One Office 365 functionality. This integration is now available with the latest release of the business application.

With it, you can now use a set of predefined tools to export documents, reports and queries to Microsoft OneDrive as Word or Excel files. All documents will be automatically synced online and you will be able to view them directly from your browser.

The SAP Business One Microsoft Outlook integration enables you to exchange and share data between SAP Business One and Microsoft Outlook so that you and your colleagues are kept up to date about account developments and can proactively respond to business opportunities.

The integration is coherent. You can navigate with ease and all the important details in your business, such as: sales quotes, documents, customer and partner data and much more, can be accessed quickly and with high usability.

The best part of the update is that you will find yourself working less and enjoying more productivity when it comes to business processes. Measured in user experience, the new interface will work with ease for both newbies and seasoned professionals.

Takeaway:

Businesses need real-time information to be efficient — if they wait until the end of their financial year or month, it’s too late.

SAP Business One v10 fully integrates with Microsoft Office and OneDrive, making it easy to share documents seamlessly with your colleagues while you work on the go. It also allows for more flexibility than you’ve ever before experienced in ERP with template management.

SAP Business One Microsoft Outlook integration is a solution which greatly reduces the time of users working with SAP Business One from Microsoft Office. This integration helps your employee’s work with each other and to look at data from their business processes, interactions and workflows that was not previously available.

SAP Business One Microsoft Outlook integration just makes easier for you to work all together.

Get to know the powerful product features available in the newest version of SAP Business One.

Let us show you how it can help you simplify your business processes while increasing efficiency and profitability.

SAP Business Software for SME’s

SAP business software for small and medium-sized enterprises (SMEs) is a popular topic. As we all know, SAP is one of the most successful business software providers in the world. But contrary to popular belief, SAP is not just for large companies with thousands of employees, it can be used by SMEs, even if your business only has one department or product/service.

Overall, SAP has made tremendous progress in revolutionizing the ERP industry and continues to make great strides in how businesses all over the world conduct their business. However, in recent years, SAP has been making ERP solutions available to smaller business at a more affordable price point.

For organizations that don’t have big budgets, the SAP business software solutions for SME’s might just be the ticket.

If you are considering SAP business software for your businesses, then no doubt you have come across some negative remarks about its complexity. It can be difficult to navigate the many modules that are needed for a viable business system. However, SAP has made it easier through SAP Business One.

SAP Business One is an all-in-one integrated ERP solution, designed to suit the needs of small and growing business enterprises. The business software for small organizations has been designed to provide effective management of financials, inventory, sales, marketing, manufacturing, procurement, shipping, transportation and more.

SAP Business One for small to mid-sized companies has been designed specifically to cater to the needs of SMEs. It covers off all the basics of running a company and enables you and your team to focus on other aspects of running and growing your business.

SAP Business Software for SME’s has the power to speed up growth and create reliable data on daily volume, revenue and profits. SAP makes small companies stronger and smartest companies bigger.

Below is some of the functionality available in SAP Business One for SME’s:

Financial Management

Accounting

Controlling

Fixed Asset Management

Banking and Reconciliation

Financial Reporting and Analysis

Sales and Customer Management

Sales and Opportunity Management

Marketing Campaign Management

Customer Management

Service Management

Reporting and Analysis

Mobile Sales

Purchasing and Inventory Control

Procurement

Master Data Management

Warehouse and Accounting Integration

Accounts Payable

Reporting

Business Intelligence

Report Creation and Customisation

Interactive Analysis

Intuitive Tools

Analytics and Predefined Metrics

Powerful data visualisations

Analytics and Reporting

Dashboards and Reports

Real-time Analytics

SAP Business One

SAP Business One is a single, affordable solution to manage your entire small business – from accounting and financials, purchasing, inventory, sales and customer relationships to reporting and analytics.

Regardless of the size of your company, whether it’s a small enterprise or a non-profit organization, if you are looking to improve efficiency, track business data, work with vendors, interface with customers, make real-time decisions to boost growth and much more, implementing an SAP System is the best way to do it.

SAP business one modules

SAP Business One is not only the wise choice for most companies but with SAP you will also get access to an award winning implementation partner like us, with our team of SAP trained consultants, with almost 20 years of implementation experience across the United Kingdom.

Let us answer your questions during a meeting at your premises and explain the special advantages of this ERP solution exactly for your company – call us on 01244 676 900

Quick Wins with SAP Business One Manufacturing

SAP Business One Manufacturing is used by businesses to gain insight into the inner workings of their enterprise. With this ERP software, companies can process orders faster, plan more effectively, and streamline resource allocation.

The name ‘SAP’ is familiar to most people in the software development field, but it does not necessarily mean that they also know what SAP Business One is or how it can benefit businesses.

This is because there are different applications of SAP for different industries, including manufacturing.

For manufacturers, the core utility of SAP Business One is the ability to streamline processes by improving visibility into key business functions like sales and purchasing, inventory management, production planning and tracking, quality control and service performance.

Manufacturing companies need to make the best decisions possible. To do this, they require access to real-time insights from across the business and from all their operations. They need a system connected to other areas of a company including accounting, finance, and IT.

That’s where SAP Business One can help. It has a variety of functions that allow your company to move faster, reduce costs, improve efficiency, and better manage risk.

A new enterprise resource planning (ERP) system can help increase productivity and reduce costs. This system provides a comprehensive view of information across all aspects of your manufacturing organization.

Since different departments have different roles in the manufacturing process, they will rely on certain parts of ERP differently. For example, a purchasing manager looks at data from a market perspective, whereas the production manager views the data from a productivity point of view. This way you can deliver timely information that improves internal collaboration.

SAP Business One for Manufacturing enables your organization to achieve its objectives by managing all operations of your manufacturing, distribution, and project-oriented companies.

The SAP Business One for Manufacturing solution provides a complete set of core functionality. It includes the full range of features necessary for manufacturing companies, distribution companies, and project-oriented companies.

The SAP Business One solution includes the following core functionality that is beneficial for manufacturing companies:

  • Material management
  • Production planning
  • Production management
  • Project management
  • Sales and distribution
  • Supply chain management
  • Financial accounting
  • Business Intelligence
  • Fixed assets

Common challenges manufacturers face

There’s a reason why manufacturers use ERP systems – businesses of every size deal with the same day-to-day challenges. For example, no matter what your business size, you likely face the following issues:

  • Lot traceability
  • Compliance with laws and regulations
  • Material Requirement Planning (MRP)
  • Lack of reporting
  • Inventory management
  • Rising costs

Key features of SAP Business One for Manufacturers

There are many great features in SAP Business One that manufacturing companies can put to use right away to achieve their business objectives. These are 3 quick wins that will get you up to speed quickly.

Material Resource Planning (MRP)

For manufacturing organizations, managing materials can encompass many processes. SAP Business One (SAP B1) offers functionality at the core of your company to make material management processes more efficient. With easy entry of data and reporting tools, you can ensure all inventory transactions are properly recorded.

SAP Business One makes it easy to create a master production schedule and a demand plan. You can use the MRP Wizard to run optimum capacity planning scenarios for products by choosing items, data sources, and planning horizons.

Leveraging the MRP Wizard, capacity plans can be created quickly and automatically generated production orders can be scheduled during different periods.

Inventory Management

SAP Business One manufacturing solution simplifies the task of tracking status of an inventory. With B1, you can confirm and update quantities and availability of your products and receive prompt notifications for stock adjustments across multiple organizations. Its automatic solution ensures timely and error-free stock transfer between any SAP Business One system and warehouses, to boost your bottom line.

Dashboards and Reporting

SAP Business One provides easy-to-use, visually appealing dashboards that you can completely customize to suit the way your business works. You gain immediate insight into your supply chain processes, allowing you to make better decisions faster. With seamless integration across the enterprise, information is available to everyone, bringing greater clarity to operations for everyone involved.

SAP Business One is a product that allows your business to better manage itself. With SAP Business One, you can not only gain insight into what is happening in your business, but also gain actionable steps on how to improve performance.

Ready to look at SAP Business One?

SAP Business One has been an enterprise resource planning solution for more than 50,000 manufacturing companies in more than 100 countries. By giving you a high-level overview of your company, SAP Business One ERP can help you make better decisions and improve how you do business by automating processes and making operations more transparent.

Signum can help you bring your manufacturing company’s mission to life. We work with organizations committed to excellence in manufacturing. Let us make it easy for you to get started today!

 

What are the benefits of cloud ERP?

In recent years, cloud computing has been heralded as the next big thing in technology. With cloud ERP, it’s not only the small and midsize enterprise (SME) that can benefit from on-demand software solutions. Even large companies are jumping on the bandwagon to take advantage of the benefits of cloud ERP.

There are a number of factors that businesses need to consider when creating a strategy for transitioning from legacy ERP systems to next-gen solutions. While the solution’s capabilities and features/modules may be critical, it’s also important to take time to evaluate the deployment option itself.

Cloud ERP is a model of enterprise resource planning (ERP) software deployed as a hosted service over the Internet. This generally includes the use of cloud computing resources and is often delivered as a Software as a Service (SaaS) model.

Cloud ERP is a cloud computing solution for ERP, used or accessed by users through a web browser. It is similar to SaaS ERP, except that SaaS is a subset of cloud ERP.

Cloud ERP can be thought of as a middle ground between on premise software and SaaS ERP.

By itself, the cloud doesn’t solve all of your company’s problems. But cloud ERP can reduce your up-front and ongoing costs and allow you to focus your technology resources on improving your business.

If you’re looking for a way out of outdated or underperforming legacy ERP systems, here are five benefits of cloud ERP for you to consider.

Lower capital requirements to access innovation

With traditional on-premises systems, when you invest in new technology, you pay for it up front. Then, as your company grows and requires more computing power, you often have to pay again to upgrade to more hardware.

The initial cost of cloud technology is lower than on-premise technology. Cloud-based applications can reduce upfront costs for companies that would otherwise have to invest in physical hardware and software.

Built in Disaster Recovery

Nobody wants to think about disasters happening to their businesses. But they can happen, and it’s smart to be prepared.

The latest cloud ERP software enables you to recover your business operations quickly after an interruption if your physical site is destroyed or suffers serious damage. That’s because the entire system operates on multi-geo locations, which means if one data centre goes offline due to an unexpected phenomenon, you’ll still have full access to your ERP system.

Scalability

 Scalability is a huge feature of cloud software: it allows you to grow without taking the risk of over-investing at the beginning. A lot of the time, small businesses don’t know what their future holds. They can be constrained by loyalty to an on-premises solution, which locks them into a certain number of users and upgrades that they might not need.

Automatic upgrades

Upgrading your software can be a complicated process. With traditional on-premises systems, you typically need to hire a team of IT professionals to perform the upgrades — a process that can take weeks or months.

With cloud ERP, your software upgrades automatically when new features are added. As a result, you can spend less time managing upgrades and more time growing your business.

 Fewer infrastructure costs (technical requirements)

Another benefit that keeps popping up is the non-reliance on infrastructure. As a cloud ERP solution is a web-based service, you don’t need to worry about installing and maintaining servers or software. You also don’t need to worry about setting up database connections and other technical requirements. That means you can focus more on improving your business performance.

In summary:

There are several benefits of cloud ERP with the primary benefits being scalability and cost.

  • The cloud provides significant savings in hardware, software and other infrastructure compared to on-premise software
  • Additionally, with hosted ERP, an organization can implement the vendor’s entire suite of applications. This minimizes the need to implement and integrate another application at the back end.
  • Cloud-based ERP enables greater collaboration, better communication and faster response times. Organizations can collect data in real time, which allows them to react quickly.
  • Hosted ERP moves the responsibility for maintenance and upgrades to the cloud vendor. This simplifies and streamlines IT operations.
  • With a cloud-based ERP strategy, an organization’s ERP environment has built-in disaster recovery, which means the organization can proceed through regular business operations, even during a disruptive event.

Looking for more information? Visit our dedicated SAP Business One Cloud page here

The Difference Between an ERP solution and Accounting Software

It’s often hard to distinguish the difference between an ERP solution and Accounting Software as the roles of ERP systems and accounting software solutions have become increasingly blurred. While traditional standalone accounting solutions handle core accounting tasks such as accounts payable, receivables, transactions entry, and bank reconciliation, they lack the management capacity to track information from the earliest stages of a company’s lifecycle.

Over the last two decades, businesses of all sizes have adopted Enterprise Resource Planning (ERP) solutions in an effort to gain better control over the financial operations of their companies.

Given the amount of money that businesses invest in these solutions, many ask themselves the fundamental question: “What is the difference between an ERP solution and accounting software?”.

Choosing an ERP solution versus an accounting software is never an easy decision. In the early days of business, you might have been happy using a simple spreadsheet to track your finances and customer data. However, as companies get larger, you need solutions that can assist with efficiency and growth.

Even though both ERP and accounting software are used in the daily operations of a company, both of them differ in many important ways.

ERP stands for Enterprise Resource Planning. It’s an umbrella term that represents an entire system that is used to automate the most vital business processes of your company.

Accounting software, on the other hand, is often referred to as financial management software.

What is Accounting Software?

An accounting software solution is a tool for dealing with financial and cost accounting activities. It can help manage all sorts of administrative issues, from managing inventory to payroll. These functions are owned by and sit within the finance department.

What is an ERP system?

An ERP (Enterprise Resource Planning) system is software designed to deal with financial management, supply chain management, and customer relationship management.  An ERP system contains the full suite of functions needed for a company to operate. These functions tend to be shared across an organization.

Difference Between an ERP solution and Accounting Software

ERP integrates your business processes, while accounting software is meant for maintaining your financial records. The former offers you a better grip on your overall business performance, while the latter lets you get rid of messy spreadsheets. Accounting software has its limitations, where ERP systems boast flexible functionalities that can be modified to suit your business needs.

The main feature that distinguishes ERP software from accounting software is that ERP software is a single, integrated system designed to streamline not only the accounting process but also the management of a business.

Why is ERP better?

So, while accounting software works within the bounds of a company’s financial data, an ERP solution will integrate business operations into a single system. In other words, an ERP solution is capable of integrating external factors such as inventory and warehouse management, customer relationship management, supply chain management, etc., into the financial data that the accounting software provides.

Overall, an ERP system would save you both time and money. You’ll have one source of information that can be retrieved at your fingertips.

If you’re considering investing in ERP software, let’s have a free half hour where we can show you how our SAP Business One ERP software could help your business grow. Book your session here 

What is Cloud Based ERP?

What does cloud based ERP mean and why should we consider it as an option for our business. Let’s explore what this is, and how it can benefit companies of all sizes.

ERP software helps companies to keep track of, control and register their entire inventory. This software helps companies to manage sales and purchase records, as well as automating the financial and accounting departments.

The software also integrates all necessary business operations and provides a single source of data and records. These programs help with procurement, production, distribution, and fulfilment. With the cloud ERP program businesses enjoy the benefits of remote access and can share information freely across an organisation.

What is cloud-based ERP?

Cloud ERP is like any on-premises software application that companies buy, with one key difference. A cloud ERP system allows the company to use the software over the internet.

For cloud-based ERP, the provider is responsible for the application, data storage, the underlying operating system, servers, the physical data centre infrastructure and installing security updates and feature upgrades.

Utilising the cloud enables business owners to access the full functionality of enterprise resource planning  software without having to install or upgrade any hardware or hire expensive system administrators.

This means business owners can access the same, or better, features as on-premises systems with less hassle and without incurring most of the high upfront costs of traditional ERP solutions.

Benefits of cloud

Cloud-based ERP can offer plenty of benefits to your business. From integrating your existing systems with the cloud version of the application to the option of on-demand pricing whenever you need it, Cloud ERP is something that can make your life easier.

Quick return on investment

Businesses are always looking for ways to improve their ROI. Therefore, ERP systems are an investment for them. The best part of buying cloud-based software is you can use it when you want to, without the traditional investment in hardware and software.

With the most advanced cloud-based ERP solutions available today, you don’t have to disrupt your business processes at all. They run seamlessly in the background giving you the opportunity to retain full control over your business decisions.

Let’s dive into the 4 key benefits for business growth:

No Hardware Management

Cloud technology allows organizations to focus on what is important rather than investing time, money and resources on creating, maintaining, and upgrading their servers.

Accessibility

Cloud-based ERP allows businesses to access their critical business information from anywhere and from any connected device. This provides each employee with the same up-to-date information, no matter how far they are from headquarters. In turn, employees can make decisions faster and with greater confidence, leading to improved productivity.

Scalability

Cloud-based ERP solutions allow organizations to grow their business in a way that is better suited to the needs of the business. Over the past few years, internet-based solutions have removed many of the burdens and challenges associated with traditional ERP — namely — the need and/or the technical ability to scale and add on new users and locations.

Better utilization of resources

Because it’s not hosted on your company’s computer, there is no need for staff to monitor, maintain and support the system. By enabling your IT staff to work on other projects, you can improve the value of your business.

To summarize:

Cloud ERP is a software that doesn’t require you to install it on your own server. Cloud solutions are hosted by the vendor and accessed by you over a cloud-based platform using internet browser. This makes it easier and faster for the business owners to get started with the software usage and take their business to the next level.

Cloud ERP helps businesses to gain flexibility, scalability, and control over their operations – learn more here

Want to learn more about SAP Business One? Download the solution brief here

 

SAP Business One Tips and Tricks

As ERP technology continues to evolve, we thought it would be helpful to provide some useful links to SAP Business One tips and tricks to make you more efficient with your ERP solution.

Whether you’re brand new to SAP Business One or an experienced user who’s looking for some tips on new features, this collection can help you get more out of your ERP investment than you thought possible.

Signum’s collection of SAP Business One Tips and Tricks is an ever-expanding resource, thanks to our consultants’ many years of experience using SAP Business One and the SAP Business One community. It’s so much easier to find the information you need when it’s at your fingertips!

We also provide a library of bite-sized training videos you can access FREE. They’re the perfect way to learn all your favourite SAP Business One features quickly and easily. You can access them here.

In addition to this, every week, Ari Shapira – Chief Product Owner at SAP Business One shares a weekly tip of helpful features that SAP Business One users can implement to simplify their working day.

So, now you know where you can access SAP Business One resources, let’s look at some of our favourite SAP Business One tips and tricks documents here to improve your everyday usability and productivity.

Tons more SAP Business One tips and tricks are available on our website and our SAP Business One Forum. Plus, our support engineers are ready to help out with any questions you may have on using your SAP Business One software more efficiently or improving key processes – contact us here

Why Choose Signum Solutions as Your SAP Business One Partner?

Choosing the right SAP Business One partner for your business is a crucial decision that will impact many aspects of your business. When it comes to choosing a partner, you need someone who has deep expertise in the domain and who knows your industry inside out. You need a partner who can offer face-to-face consultancy and quality training. And above all, you need the peace of mind that comes from working with a certified team you can trust.

At Signum, we have practical experience in implementing, developing and supporting best-of-breed SAP B1 software across different sectors.

Who are Signum Solutions?

Signum Solutions is a long standing, award-winning SAP Gold Partner in the UK, specializing in implementing and supporting the SAP Business One solution. We offer our clients affordable, flexible solutions that are tailored to their business requirements.

Our mission is to provide our clients with cost-effective solutions so they may achieve strategic business objectives while making fast, accurate decisions.

We’re essentially a group of highly experienced SAP Business One professionals, who are dedicated to providing excellent service to their clients. Our team of consultants work in conjunction with the best business strategy consultants in the industry to ensure our clients receive innovative, effective solutions.

How can Signum Help with SAP Business One Support?

We know how to get big results with SAP Business One – and we can prove it. Signum has been using SAP Business One to grow our own business, and it works for us, so we know it will work for you.

Our approach will leave you free to focus on what’s really important – your company growth. Our expertise can be applied in resolving complicated issues quickly and effectively saving your time and money.

Why should you use our support services?

At Signum, our mission is to help you resolve any issues with ease, without hampering your ability to run your business. By notifying us via email, web or telephone, you can make an immediate inquiry. We respond rapidly with the resources to remedy the issue. Our team of award-winning experts are capable of delivering best-in-class support for SAP Business One solutions.

Why Choose Signum Solutions as your SAP Business One Partner?

We understand, and we care. We take our time to understand your company’s operations. Our consultants have been trained by SAP for this platform and have years of experience helping companies just like yours work more efficiently. With Signum, you’ll have a true partner working with you to help you succeed.

We value long-term client relationships and build efficient processes to make sure we deliver high-quality work. If you’re looking for a dedicated SAP Business One partner, then let us show you how we can help you solve your challenges and grow your business. Contact us today on 01244 676 900

Alternatively, you can download a copy of our support services brochure here 

How To Choose The Right SAP Business One Partner?

When selecting your SAP Business One partner, it’s important to think both short- and long-term. For example, just because one provider offers more services or a lower tag price, doesn’t mean it is the best solution for you and your business.

When the topic of SAP Business One support and maintenance gets mentioned, most folks think about maintenance plans, warranty, and renewal. While these are extremely

important topics to discuss with your SAP Business One partner, they only represent a small percentage of what should be included in your support plan.

The annual maintenance fee associated with SAP Business One includes two separate components. The first is a percentage that is remitted to SAP for on-going product development and support, and the second portion is retained by your SAP Business One Support Partner for the provision of support services.

It can be helpful to understand why different support providers have different service offerings before making a final decision.

The support offered in a particular SAP Business One Support Partner package may not suit your business’s requirements. It is prudent to consider the nature of your business and whether the support offered in your selected package will facilitate rather than hinder the growth and development of your business.

Also read – How can SAP B1 improve your business?

SAP wants you to get as much value from its Business One product as possible so it provides a range of partners that can help.

The selection of a SAP Business One partner can be overwhelming, especially if you are new to SAP and business applications. There are many factors that can weigh in when it comes to choosing the best SAP Business One partner for your company; expertise, experience, philosophy, technical capabilities and support structure being just a few.

Here are our top factors to consider when choosing the right partner that will work with you as a team to get the most out of your SAP Business One solution.

Experience

Total experience and expertise promote greater efficiency, quicker resolution, and more rewarding project results. Years of experience can be an important selection criteria when choosing an SAP B1 partner.

Referanceability

Testimonials of current and previous clients speak volumes about a partner’s ability to deliver quality services. It is always a good idea to talk with former clients to learn more about the company’s expertise, approach, and resources.

Strength of Resource

If you want to find a good SAP partner, the developer’s team will require technical expertise or domain knowledge about your company. It’s critical that you choose a partner with enough resources to accommodate your needs.

After Sales Service

When you need an SAP Business One support partner, selecting the right one takes thought and planning. Look for partners who provide added value, knowledge and training. Partnering with a firm that is willing to work with you to improve your business will help you develop your SAP Business One solution and make sure it provides a strong return on investment for your company.

With the right SAP support partner in place, you can expect to see some of the following benefits from your SAP solution:

  • Improved efficiency
  • Increased visibility into your operations
  • Uplift in productivity
  • Reduced costs
  • Increased revenue
  • Improved customer relationships

 

Choosing the right software partner for your business can be a difficult one, but it’s an essential step to ensure your company’s growth. While there are countless factors to consider when selecting this important partner, Hopefully, these pointers will make the decision-making process that much easier.

Signum Solutions is an award-winning SAP Gold Partner offering comprehensive support services for SAP Business One. We bring together technology innovation and deep industry experience to help our customers implement the right solutions and realize their growth ambitions.

The team are dedicated to creating reliable solutions for customers. Whether you’re adding a new module or migrating from an SAP partner, we can provide the support services that will help you reach your goals.

Click here to download our SAP Business One Support Services brochure or alternatively, call us on 01244 676900, we are here to provide support for improving the performance of your SAP Business One.