Prosperous times in business are what companies always strive for. The best ERP software for when times are prosperous will first and foremost provide a clear view of the entire business. It also helps streamline processes to be more efficient and is considerably easier to work with. In terms of support, your ERP during prosperous times should support growth without having to add staff. Your software should also provide a detailed series of data that will monitor revenues, expenses, and customer profitability. It is important to monitor this information because these are the key aspects that will determine actual profitability. Lastly, your ERP software should provide the necessary tools to customize processing without requiring custom programming.
The one thing to always keep in the back of your mind is that prosperous times can often hide business problems. As you become more and more successful, revenues obviously increase. The issue is that as revenues go up, so does spending and quantity of staff. The upside to this, though, is that SAP Business One exists to eliminate those very problems.
SAP Business One has built in tools that allow your system to be configured, which ultimately will streamline your processes and capture very specific information on how your business is running. SAP tools can be used to:
To enhance the power of SAP Business One, SAP has an ecosystem of add-on products that expand the functions performed within SAP and can be seamlessly integrated with Business One. One great add-on function is the ability for your customers to pay via credit card that can easily be authorized and settled within SAP. In terms of shipping, information can be passed directly to shipping systems such as UPS WorldShip and FedEx Ship Manager. The tracking numbers and shipping costs can then be made available within SAP. Having an integrated payment and shipping plan will immediately save you time and money. You will also have the ability to integrate your website customer and item data with SAP, rather than worrying about having to maintain it as a separate entity. Your data can be easily analyzed with business intelligence tools like Business Objects. With this, you will be able to mine out only relevant data. In addition, you will be able to easily automate business processes with add-ons, such as Task Centre.
If you are looking to explore any of these above options, give us a call today. We are more than glad to help you implement a strong ERP system during your prosperous business time.
-Bob Chellis, Consultant