„A leading ERP software for small and medium-sized businesses worldwide“. This is how market research firm IDC describes SAP Business One in a market analysis. The MarketScape 2020 study offers an evaluation of well-known SaaS- and cloud-enabled ERP software solutions for SMEs. It describes which criteria are most important for companies when selecting a system.
Major Players SAP Business One
IDC describes what makes a "major player" among ERP systems in its report. Leading ERP software such as SAP Business One is characterised by mobile and intelligent processes. These focus on the customer experience. Especially in times of turbulence, they provide timely information for the secure management of the company
Leading ERP software with wide distribution
About 80 per cent of the SAP customers come from the SME sector. SAP Business One has made a significant contribution to this. With over 70,000 installations worldwide, SAP Business One has achieved impressive market penetration over the last 17 years. The ERP system is now used in over 170 countries. SAP Business One has 50 country localisations and is translated into 28 languages.
Extensions and sector packages
The numerous extensions and industry packages have certainly also contributed to this success story. There are special solutions for
- Automotive industry
- plant construction
- Consumer goods
- Engineering
- Food and beverage industry
- Healthcare
- High-tech industry
- Industrial machinery/components
- Retail
- Wholesale
However, there are also some functional enhancements that extend the standard of SAP Business One:
- finance
- Advanced CRM
- Payment processing
- Productivity
- Mobility
- Reporting
Integration for the leading ERP software
Of course, a leading ERP system also needs to be able to connect to and exchange data with other data processing systems. An entire toolset is available for this type of integration. For example, the Integration Framework as a development environment and as a runtime for predefined integration options. The SAP Business One Integration Hub can be used to connect cloud-based applications and services via preconfigured templates.
SAP Business One for corporate subsidiaries
A special area in which SAP Business One can shine as a leading ERP system is its use as an ERP for branches, subsidiaries and company subsidiaries. The following areas can be addressed with the integration tools:
- Data harmonisation
- Financial consolidation
- Standardisation of business processes
- Supply chain optimisation
- Master data distribution
- Financial and Group Reporting
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