What is SAP ERP?

SAP is a German multinational software company known for making enterprise resource planning (ERP) software. ERP software allows organizations to manage business operations, and usually refers to suite of modular applications that collect and integrate data from different aspects of the business. While it is the sole focus of this article, SAP is just one provider of ERP software.

SAP Business One, developed by SAP, has been built from the ground up for small to medium sized businesses that have outgrown their accounting-only or legacy systems and are looking for a single, integrated solution to manage their entire business. This specific ERP solution provides executives and managers with instant access to critical business information so they can confidently make informed business decisions, and offers more than just accounting. SAP Business One is a comprehensive solution that covers virtually all aspects of your business including finance, logistics/operations and customer relationship management.

The SAP ® Business One application offers an affordable way to manage your entire business from sales and customer relationships to financials and operations. Designed specifically for small businesses and sold exclusively through SAP partners, SAP Business One helps you to streamline processes, act on timely information, and drive profitable growth. SAP Business One is designed with flexibility in mind. Whether it's deployed in your office or in the cloud, you can access it on the move using our SAP Business One mobile app and as your business grows, you can customize and extend it to meet your evolving needs. A single, integrated solution, it provides clear visibility into your entire business and enables complete control over every aspect of your operations. It captures all critical business information for immediate access and use companywide. Unlike traditional accounting packages and spreadsheets, it delivers what you need to manage your key business areas. 

SAP Business One Core Modules

Drawing upon 35 years of experience in developing business management software, SAP built SAP Business One from the ground up exclusively to meet the changing and industry-specific needs of small businesses like yours. From financials to comprehensive reporting, SAP Business One has everything a small to medium sized business need.

The information below outlines the core functionality provided

Accounting and Financials

Financial accounting Handle all your financial transactions including general ledger, journal entries, budgeting, and account setup and maintenance in one system, with comprehensive tools and reports.

Budgeting Manage budget creation, allocation, and distribution. Provide budget tracking, reporting, and alerts that notify the responsible users whenever a transaction exceeds a monthly or annual budget limit.

Banking Track all banking processes such as cash receipts, check writing, deposits, advance payments, credit card payments, and account reconciliation.

Financial reporting Provide easy-to-use financial reports, including balance sheets, profit and loss statements, cash flow analysis, transaction reports, multi-period comparisons, and budget reports.

Operations and Distribution

Sales and delivery Generate price quotes, enter customer orders, set up deliveries, update stock levels, report on customers' current balances, and manage all billing and accounts receivables.

E-commerce Set up your own "online store" that is fully integrated with inventory and financials, including online catalog, shopping cart, order processing and notification, customer configuration tools, and online customer services.

Purchasing Manage and maintain your vendor contracts and transactions, including the issue of purchase orders, updates to stock quantities, calculations for the value of imported items, returns and credits, and payment processing.

Inventory management Handle inventory levels, item management, price lists, special price agreements, transfers between warehouses, and stock transactions all through integration with other processes like sales and purchasing.

Production planning Manage your production material requirements through a wizard-based process that enables users to define a planning scenario in five easy steps and predict demand based on forecasts.

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