Take a look at our infographic to find out how you can increase productivity, concentrate on sales, and get a better return on your investment with a reliable business management solution such as SAP Business One.
As your business grows, basic accounting software creates obstacles that waste time, money and drain your company resources because they cannot adapt to your needs. As your company begins to out-complex your basic accounting software, you will begin to notice a slowdown in productivity due to:
- Poor system performance
As financial transactions, inventory, and users increase, basic systems perform slower – limiting the number of transactions your company can handle.
- Limited features
Minimal functionality stalls progress while your staff struggles to accurately manage all business data for auditing purposes.
- No application integration
Basic accounting programs cannot integrate with 3rd party applications and industry-specific compliance customizations you may need as your business grows.
- Uneven cash flow
Your cash is consistently tied up. It is difficult to figure out who owes you money and who you owe, while prioritizing billing and payments becomes more and more difficult to maintain.
- Duplicate data entry
Without a unified system, there is room for error. Employees must manually re-enter business data in multiple locations or may not have access at all.
- Lack of accounting compliance
Basic systems lack controls such as GAPP and SOC. As your company grows, it becomes difficult and time consuming to comply with strict accounting requirements.
- Insufficient inventory management
Small business accounting solutions offer limited inventory controls, so it is difficult to accurately track your products across the supply chain.
- Incomplete reporting
Without the right systems in place, your ability to query a specific report is limited. Data analysis becomes tedious and prone to human error.
By implementing a reliable integrated enterprise resource planning (ERP) solution, you can get thousands of hours of precious time back. This gives your employees more time to focus on what’s really important – your products, services and customers. SAP Business One is an affordable, easy to use ERP application proven to help growing companies like yours reach their goals faster through:
- Opportunity management with a sophisticated CRM
- Advanced inventory controls
- A scalable platform that can be held on-premise or in the cloud
- Predictive analytics and rapid real-time reporting that is customizable
- Full data visibility across all departments
- Complete operational control
- Limitless integration with industry-specific applications
- Role-based security controls
To learn more, watch our Grow Fast Webinar to learn how the right technology can help you adapt to an ever changing market, streamline operations and quickly meet the demands of your customers.