An integrated ERP solution for small enterprises and subsidiaries, SAP Business One is a complete product offered by SAP over thousands customers worldwide. As an affordable and integrated business management solution, which requires low maintenance, SAP B1 allows instant access to critical information across CRM, finance, sales, production, customer service and human resource. Its wide range of innovative functionality includes features such as:
Real time enterprise information
Reduced time and cost of implementation
Easy customization to meet client-specific requirements and changing business conditions
Easy reporting and alert management features
A description of the business and the target markets for the B1 product and its related services.
ERP market is in boom since last decade. In those days small organizations was unconscious for the using of ERP software. Price was playing important role behind it. It gave the opportunity to local or unbranded player to full fill the demand of ERP software for SME. But these organizations couldn’t win the trust of those user because poor qualities, low flexibility, more complication in use and many more. To face these challenges some big player of ERP just like SAP, Microsoft etc produced their ERP with affordable price for SME.
SAP Business One contains 14 "core modules" :-
1. Administration Module = where configuration is performed
2. Financials Module = where various accounting and financial activities are conducted
3. Sales Opportunities Module = where existing customers and potential accounts are structured tracking
4. Sales Module = where orders are entered, shipped and invoiced
5. Purchasing Module = where purchase orders are issued and goods received into inventory
6. Business Partners Module = where Business Partners (customers, vendors, and leads) are contacted and maintained
7. Banking Module = where cash is received and paid out
8. Inventory Module = where Inventory is valued and managed
9. Production Module = where bill of materials is defined and manufacturing is tracked
10. MRP Module = where purchase and production planning takes place
11. Service Module = where after-service products are managed
12. Human Resources Module = where employee information is kept
13. Reports Module = where system-default and user-defined reports are generated (as on-screen tables, printouts or Excel files: Print Layout Designer, Advanced Layout Designer and XL Reporter)
14. E-commerce = allowing customers to buy and sell online to consumers or other businesses.