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Can ERP Systems Contribute to a Competitive Advantage? These Companies Say Yes.

  
  
  
Big Data Cloud

With the rapid advancement of technology, small to midsized enterprises (SMEs) need to transform the way they manage their business in order to stay competitive. According to a survey conducted by Oxford Economics, 64% of SMEs are leveraging technology to outperform their peers; everything from social media, mobile friendly software, cloud computing to big data.

What is the Number One Reason to Upgrade SAP Business One Version 9.1?

  
  
  
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With over 40,000 customers in 150 different countries, it is not surprising that SAP is one of the world’s most popular providers of Enterprise Resource Planning (ERP) applications. Keeping with its mission to provide the single integrated software application that small to midsized enterprises (SMEs) need to gain further intelligence into their business, SAP is constantly  making numerous improvements to the flagship ERP application SAP Business One with version 9.1. Following up the numerous additions to last year’s major release, the anticipated 9.1 update which will both introduce new features and improve some existing ones.

The CFO’s Guide to SAP Business One

  
  
  
CFO Road to Success

The role of the CFO is changing. Traditionally, it has been more focused on cash flows and strictly “managing the numbers.” Today, however, the role of the CFO is much more complex as the modern CFO is the right hand of the CEO. On top of their traditional duties, CFOs are essential to planning corporate strategy and their input has a direct impact on company growth. Given the weight of these responsibilities, CFOs can benefit greatly from the visibility and flexibility of an integrated enterprise resource planning (ERP) system. In fact, several CFOs today rely on SAP Business One to help them with their daily decision making because it provides them with a full, 360° view of their business.

3 Crucial Steps to Ensure a Successful ERP Implementation

  
  
  
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For many companies, the long and sometimes tedious process of selecting an enterprise resources planning (ERP) application can be resource intensive. However, businesses should also take into consideration that the ERP selection process should also be given equal attention. The ERP implementation phase is as equally important as the selection process, although an implementation is widely considered a more complex and daunting project – especially if a business does not have an experience ERP partner to manage the process.

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How Does Business Intelligence Actually Affect Your Business?

  
  
  
Business Intelligence

Many organizations struggle when it comes to managing large amounts of data. Spreadsheets are used to store all company information across business functions that only certain employees can access. Joining data from different sources becomes tedious and impractical preventing a unified, accurate view of the big picture.

Realizing the Ambition of the CFO with SAP Business One

  
  
  
CFO

It’s been several years since the economic downturn hit the world market. At that time, concerned managers were faced with finding new ways to stay competitive during the trying times. Some consolidated their operations, some closed their businesses, while others sought new ways to stay competitive; turning to their financial managers for answers. Since cash flow is considered the lifeblood of an enterprise, it makes sense that financial managers were involved with strategic decision making. After all, financial managers have insight into a company’s operations like no other. Back then, it was the hope of senior managers that their controllers, financial analysts, and CFOs could help tighten negative cash flows.

SAP Business One Financial Basics Part 1: Module Overview

  
  
  
SAP Business One Finance

As an accountant, controller or CFO, maintaining strict control over your businesses financials is crucial to its success. Without a sound accounting and financial control systems, formulating your businesses future strategic and tactical direction would pose a challenge. With the help of enterprise resource planning (ERP) systems such as SAP Business One, businesses are equipped with the tools that support the accounting and financial processes across all areas of your business. From general ledger creation and automatic journal entry postings, to scenario based budgeting and customization financial reporting, SAP Business One has everything to ensure your books are always balanced.

Moving to the Cloud? Here’s 4 Reasons Why You Don’t Need To Go It Alone

  
  
  
Moving to the Cloud? Here’s 4 Reasons Why You Don’t Need To Go It Alone


As more and more small to midsized enterprises (SMEs) explore the benefits of the cloud, many have already realized a fast, efficient, and cost effective deployment option for business software. But beyond offering an alternative to traditional on premise solutions, the cloud offers a strategic platform for innovation and a new engagement model for your customers, vendors, and other stakeholders. Indeed, companies that embrace the cloud, have the advantage of deploying their enterprise resource planning (ERP) solution via reliable web service providers like Amazon Web Services (AWS); giving them added freedom to experiment with new technologies that were once beyond their reach. With a more flexible technical infrastructure offered by the cloud, companies gain the ability to adapt to the demands of today’s ever changing market much more quickly.

Despite the shift to the cloud, SMEs nonetheless rely on implementation partners to help them navigate the implementation process. Indeed, moving to the cloud with the right partner can save your company time, money, and effort. Here’s how:


Predicting Your Next Business Move with SAP Business One HANA

  
  
  
chess piece

There is a growing trend for small to midsized enterprises (SMEs) to look to predictive analytics to find new ways to become more competitive. As a basic example of the benefit and application of predicative analytics, consider an online retailer. With an online shopping cart system that leverages predictive analytics, the company can provide product recommendations and associated upsell offers based on a customeres previous purchasing behavior. However outside of this scenario, the positive benefit and application of predictive analytics available to SAP Business One HANA users are numerous.

It Starts With a Vision: How SAP Business One Can Help You Realize a Profitable Business Solution

  
  
  
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Maximizing profitability is a chief concern of growing small to midsized enterprises (SMEs). However, choosing the right solution to better manage growth first requires a clear vision. By taking note of the symptoms of an out-complexed business application, SMEs can begin to define how their business can run better - and be more profitable.

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