"A leading ERP software for SMEs worldwide". This is how the market research institute IDC SAP Business One in a market analysis. The study MarketScape 2020 offers an evaluation of known SaaS- and cloud-enabled ERP software solutions for medium-sized companies. It describes which criteria are most important for companies when selecting a system.
Major Players SAP Business One
What makes a 'major player' among ERP systems is described by IDC 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 turmoil, they provide timely information for the secure management of the business
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 a convincing 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 must also be able to connect to and exchange data with other data processing systems. A whole toolset is available for this kind 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 subsidiaries
One specific area where SAP Business One can shine as a leading ERP system is as an ERP for branches, subsidiaries and affiliates. The following areas can be addressed with the tools for integration:
- Data harmonisation
- Financial consolidation
- Standardisation of business processes
- Supply chain optimisation
- Master data distribution
- Financial and Group Reporting
Account reconciliation in SAP Business One
SAP Business One: User Authentication
Units of measure in SAP Business One
WEBINAR: Upgrade for SAP Business One Financial Management
Continuous stock management in SAP Business One
