You know the frustration – and business consequences – of slow management reporting. Each time you run a query, your analytics software has to find the right data in your back-end database, run calculations, and deliver them to you – a process that can take 30 seconds or longer. The results often lead you to ask additional questions and run deeper queries.
Unlike most other software applications that focus on a specific area of business, such as accounting or customer relationship management (CRM), SAP Business One is an integrated business management application. It offers a complete set of core functions, including financials, customer relationship management, inventory management, sales, operations, and logistics, which address the business management needs of your entire company.
Most of the time, a software vendor picks one area, such as accounting or CRM, and builds a product to support the particular processes related to that area. How these processes work with the other fundamental processes of other areas is a question left unanswered. SAP Business One is the answer to that question.
Join Third Wave for our next paid training class - Managing Manufacturing Operations in SAP Business One 9.1. The class will take place on Wednesday, January 21st at 1:00PM ET.
Implementing an ERP solution for inventory management enables a company to gain more control while reducing inventory costs. It provides a company with the tools to optimize inventory levels, achieve real-time synchronization of goods receipts and inventory warehouse levels, manage inventories using various costing models, record goods receipts and issues, track stock locations and transfers, enable consignment, drop-ship, perform inventory and cycle counts, and much more.
As every fashion fan knows, a shoe is not just a shoe. It’s a statement. And shoes from Havaianas make statements as spectacular as the personality wearing them. Pink soles and yellow straps? No problem. Emerald heels? It’s done. Terrifically turquoise toes? Coming right up. Thanks to SAP® software, Havaianas delivers footwear as individual as the foot it frames.
Magento undoubtedly helps to exploit online sales channels, but if it isn’t fully integrated with SAP Business One, challenges can arise when customer orders hit back-office operations and trigger out-of-stocks, backlogs and duplicate entries.
As the year draws to a close, it's the perfect time to re-evaluate the decisions we've made that have had both positive and negative impacts on our businesses. It's critical to understand our strengths and weaknesses to determine what will hold us back from growing as much as we can in 2015.
Are you taking advantage of integrated systems this holiday season or are you still moving data manually across your various business systems? If you’re not fully integrated, you’re setting your business up for numerous disconnects, including lack of insight into your inventory, lost visibility into your customers, wasted time spent rekeying data, and incomplete business intelligence.
Executives are being urged to go beyond business intelligence (BI) to create brand new capabilities and models based on “Big Data.” So, if you’re not yet using Big Data to your advantage, it may only be a matter of time before your competitors do. Studies continue to reveal that enterprises with a significant investment in Big Data are generating excess returns and outpacing their rivals by a significant amount.