Manage Challenges in the Professional Services Industry with an ERP System
Professional services firms must align every aspect of their operations to deliver consistent quality and high-value services to their clients. In addition to project management they need to establish a repeatable process for delivering high-quality services, fine-tune resource planning, and enhance business development.
With a modern user interface, flexibility, customization options, advanced core financials, and focused industry features, our software and service offerings unlock growth for your business. SAP Business One software powers thousands of service-based businesses, including:
- HR, staffing, and employment services
- IT services and consulting
- Marketing and advertising
- Management consulting
- BioTech / R&D
- Legal services
- Accounting and finance
- Engineering and architecture
- Specialized services
SAP Business One ERP Software – Key Functionality for Professional Services
Accounts
Accounting module helps users in keeping track of all their accounting transactions and enables them to make better decisions. Improved financial reporting with real-time information from all departments including costing, profitability, credit exposure, cash flow, trends, budgeting, fixed assets and period end reporting.
Customer Relationship Management
Stay ahead of competitors with opportunity and pipeline management, customer relationship management and campaign management. Updated sales information allows production to see which order is for which customer, while historical sales information assists the marketing team on what initiatives to design for which customer and proactively engage them. Customer account information is critical to predict demand.
Analytics
Analytics module can play a vital role in transforming your data into powerful decision making tools. With AI-based predictive analytics, this module can help in employing the right procedures to improve efficiency and productivity. The provision of complex metrics in the form of data visualizations can also help users in making better decisions.
Regulatory Compliance and Reporting
Manage exceptional events with automated workflow and alerts. Get forward and reverse traceability with automated recall capabilities. Have security audit tracking, archives of historical transactions & electronic signature approvals. Easily define the process validation and generate report as per compliance.
Time Work Orders and Project Management
Allows setting of Bill of Quantities (BoQs) and streamlining the process with integrated time management. The plan of the entire process can be monitored giving visibility. Combine business data with industrial IoT data to maximize efficiency, improve sustainability, and cut costs.
Resource Planning and Budgeting
Manage your resources gaining complete control over open issues, documents, attachments, and various activities to avoid risks and stay competitive. Tasks must not only be carefully planned but, also executed on time and within budget. With this extension, you can manage high-level planning, budgeting of labour and sub-contracting.
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