More Effectively Manage the Order-to-Pay Cycle with SAP Business One
Each small to mid-sized business needs an efficient method to managing the procurement process, from requesting vendor quotes to generating purchase requests to paying vendors. SAP Business One aids in facilitating the entire order-to-pay cycle, including receipts, invoices, returns, and payments. Integrated reporting tools allow you to analyze suppliers and costs with ease so that you can negotiate healthier deals and diagnose opportunities for your company to save.
SAP Business One includes comprehensive functionality used to manage buying and operations, including:
- Procurement: Produce purchase requests, POs, and goods receipts; link purchasing documents and view document trails for audit purposes; and manage returns, added expenses, and multiple currencies.
- Master Data Management: Manage thorough data in an easy to use interface, observe account balance and purchase analyses, and retain detailed item purchasing information with price lists and tax information.
- Warehouse and Accounting Integration: Attain up-to-the-minute synchronization of goods receipts and inventory warehouse levels; process accounts payable invoices, cancellations, and credit memos with a PO reference; plan your material needs; and schedule acquisitions appropriately.
- Easier, Up-to-Date Reporting: Create reports with up-to-the-minute data that can be displayed in various report formats or dashboards.