SAP B1 Software is an Enterprise resource planning (ERP) solution that helps you to grow your business. It helps you in gaining real-time insights, helping you to make better decisions for the quick growth of your business. It is used by more than 60 thousand SAP customers all around the globe. This software is supported by SG’s leading partner ‘AFON’. Business one software was initially launched in Israel under the name ‘Top Manage’.After a few years SAP purchased the software in 2002. This software’s purpose is to grow side by side with small and medium-sized firms. It can be used for various applications such as accounting, manufacturing, distribution industries, and most retail.
There are many places this software comes in handy: –
- This application helps you to focus more of your time on insights rather than managing your account and banking processes.
- It automates the management of the account by handling journal entries, accounts payables and receivables, managing cash flows, and controllingbudgets.
- It removes the need for manual data entry, as it does the job by itself. It also can create standard and optimized reports from data to improve your business planning.
- The application tracks the sales opportunities and lead activity throughout the entire sale cycle. It also analyses and manages marketing activities to help the company grow more sales and profit.
- It automatically stores the customer’s details in one place and manages all the customer accounts stored in MS Outlook.
- It helps you to manage your sales and information anywhere at any time.
- The application has a powerful reporting tool that helps in understanding the organisation’s performance quite quickly.
- It accesses the data from various sources and customizes reports in a variety of layouts. It enhances the optimized results with the help of key performance indicators to help you make faster and better decisions.
Boosted Speed and New Functionality – SAP HANA: –
SAP HANA is an alternative for Microsoft SQL. It has an in-memory database that helps you to analyse insights and features more efficiently. It can bring your business to a higher competitive edge than others. It uses the in-memory database for high-speed transactions, manages large database volumes. It gives you access to the data from any sources. It ensures data quality to increase decision-making quality.
Modules of SAP B1: –
There are about 15 functional modules or features of the application, which maintain the functions of the business organisation. Each module handles specific business on its own, and it is also linked to other modules whenever necessary. The modules are:
- Administration
- Customer Relation Management
- Financials
- Opportunities
- Sales
- Purchasing
- Business Partners
- Banking
- Inventory
- Resources
- Production
- Project Management
- Material requirement
- Service
- Human Resource
Boosted Speed and New Functionality – SAP HANA: –
SAP HANA is an alternative for Microsoft SQL. It has an in-memory database that helps you to analyse insights and features more efficiently. It can bring your business to a higher competitive edge than others. It uses the in-memory database for high-speed transactions, manages large database volumes. It gives you access to the data from any sources. It ensures data quality to increase decision-making quality.