Get the answers to your SAP Business One questions with SAP Business One FAQs and see how SAP Business One can make your business run better. Many Enterprise Resource Planning (ERP) systems have been around for sometime, yet there is an understanding that ERP systems are like accounting systems. Further to that, many companies believe that if their books are in order there’s no need for an ERP solution.
Here are some Frequently Asked Questions on SAP Business One and reasons why you need to add SAP Business One to your ERP shortlist when considering your next ERP software system.
What is SAP Business One?
SAP Business One is an ERP software solution for SMEs that integrates all core business functions across your entire company – including financials, sales, customer relationship management, inventory, and operations. Unlike many other small business solutions on the market today, SAP Business One is a single application, eliminating the need for separate installations and complex integration of multiple modules.
What are the modules of SAP Business One?
SAP Business One has the following modules.
- Finance & Accounting
- Sales & Customer Management
- Purchasing & Operations
- Inventory, Warehousing & Distribution
- Demand Planning, Production & MRP
- Project & Resource Management
- Service & Maintenance
- Business Intelligence
- Reporting & Analytics
- Intercompany Consolidation
What’s the difference between accounting software and ERP system?
An ERP system is much more than an accounting software. An ERP system allows you to manage every aspect of your business from accounting to financials, purchasing, inventory, sales, CRM, project management, HR, operations and more advanced needs of your business.
Isn’t SAP software only for large organizations?
SAP has an array of products designed for different businesses. SAP does provide business solutions for very large organizations, but SAP Business One has been specifically designed and developed from the ground up to meet the specific needs, requirements, and budgets of small to medium-sized businesses.
Isn’t SAP too costly for small business?
SAP has developed a product specifically for small to mid-sized businesses, called SAP Business One, which meets and exceeds expectations with regards to price, functionality, and flexibility. SAP Business One is easy to implement and requires little training and customization.
Is SAP Business One easy to use?
Yes, SAP Business One is an extremely easy-to-use ERP solution for smaller businesses. Central to SAP Business One’s low total cost of ownership is its ease of use. For companies that do not have the time or the resources to embark on an extensive training program, SAP Business One ERP provides a very effective solution.
Our company is experiencing rapid growth. Will we outgrow SAP Business One?
Unless your ERP solution is agile and responsive enough to grow with you, it is common for companies to outgrow their business solutions. As your business requirements become more complex and more employees join your team you will see how the sophistication of your internal processes grows. You will find out that SAP Business One is ready to meet those challenges and grow with you as your business evolves.
As SAP Business One caters for business into the medium enterprise space, there is a lot of room for your business to grow before you experience any restrictions. More often than not, ACEteK would advise you of what your ERP future holds with SAP Business One and if there are any possible restrictions that may arise in the future, which is extremely rare.
Is the future of SAP Business One assured?
SAP spends approximately 2 million EUROs a day on research and development (R&D). By purchasing a solution from the world leader in business management solutions you are ensuring stability and longevity of support and product development for your business. SAP provides regular SAP Business One product roadmaps that also instil trust in users of the solution that their future is assured.
Is SAP Business One an integrated solution?
This is standard functionality within SAP Business One and no costly customization is required to get your business functions to talk to each other. When you can integrate all your critical business functions into a single application, you can connect all your employees and business units giving you a 360-degree view of your entire business and increasing controls. This is what SAP Business One allows you to do.
Is SAP Business One training offered for all the users?
Yes. Training is provided to all the registered users. We place special importance on the training aspect for the smoother implementation and running of SAP Business One in the company.
Can I access my SAP Business One system from my mobile phone?
Yes, there are various modules and add-on that are available for the iPhone, iPad and Android mobile devices. These have been designed specifically for SAP Business One so you can access all your business data whether you are on holiday or going to a meeting.
How quickly will is make my money back after implementing SAP Business One?
The average ROI period our client’s experience is between 18 and 24 months, with some even having enjoyed a full return on the implementation and software costs in under one year.
How do I know what SAP Business One partner to choose?
Your relationship with your SAP Business One partner is vital to the overall success of your implementation and can be the difference between your ERP solution’s success and failure.
What is the difference between on premise and cloud hosting?
Implementation of SAP Business One on-premise means that the SAP B1 would be hosted on your server. This arrangement requires to have server and also the manpower to manage it. For companies who are not able to afford it, can always opt for Cloud hosting as it is a cheaper option.
What is the difference between the SQL and HANA versions of SAP Business One?
SQL is a database from Microsoft whereas HANA is a database from SAP. Even though a bit pricier, the HANA version offers additional features like dashboards for departments like finance, sales, marketing, etc., and an enterprise “Google Like” search feature and also does not need any separate database.
With the help of HANA’s in-memory database, you can access information faster which is stored on RAM memory chips that are close to the processor, unlike SQL where data is stored on a hard disk.
How long would it take for SAP Business One to start up and running?
Few parameters like your requirements, sector, additional features, and modules impact the time of implementation. However, at ACEteK, we understand the value of your time and follow the ASAP model of implementation. We also aim to complete the setup in 45 to 60 working days. ACEteK also offer pre-configured industry specific templates to smaller businesses where the implementation can be completed in less than 30 days.