According to an IDC Software study, SMEs are growing 4X faster than their larger counterparts. As per the recent government estimates, Rajasthan has nearly 27 lakh MSMEs which has registered the fastest growth in Micro Enterprises sector. Rajasthan has become India’s emerging investment powerhouse.No wonder the demand for SAP Business One ERP software in Rajasthan is on the rise.
In a major move to facilitate aspiring SME entrepreneurs, it became the first state to exempt clearances and approvals, required under State Laws, for establishment of new MSMEs in the State for an initial period of three years.
In order to attract investors and plan a strategic growth trajectory, SMEs in Rajasthan are relying on technology to build resilient businesses. Not only that, supply chain disruptions, lockdown, slowed customer demand and increased regulations after the pandemic have led to rise in several challenges that has greatly affected the ease of doing business for SME businesses in Rajasthan.
Entrepreneurs are trying to break away from these burning challenges and become investor-friendly by finding affordable and comprehensive ERP Solution in Rajasthan. In fact, SAP Business One ERP Solution has been specially developed keeping in mind the growing needs of SMEs.
At VC ERP Consulting, as the most trusted SAP Business One Partner in Rajasthan, we have 21+ years of experience carrying out industry specific ERP implementations for SMEs and Large Enterprises.
In this article, experts at VC ERP Consulting share the 7 ways SAP Business One ERP will lead you towards growth and profitability.
1. Total Visibility of Operations
Small and Medium Businesses need to know what goes on in their business on a daily basis. These regular updates and visibility helps them make critical decisions. When you are traveling for networking or closing potential sales leads, it is important you still have visibility of your end-to-end business operations.
Phone calls and excelsheets can only do so much. Using an ERP like SAP Business One gives you end-to-end visibility of all the operations happening across departments. In addition, before making a commitment even your sales teams needs visibility into inventory and other departments. Similarly, other departments too need this information sharing back and forth.
When there is an information disconnect across departments, transactions can be inaccurate, commitments can be wrong and overall sales and reputation can be affected. In addition, reporting too is difficult.
SAP Business One is packed with a default digital core that offers you the modules you need to run your SME business. These include:
- Management & Administration
- Accounting & Financials
- Purchasing & Operations
- Inventory & Distribution
- Production & MRP
- Project & Resource Management
- Sales & Service
2. Central Control of Data and Information
In SAP Business One, modules for all departments are located in a single solution. This means that the data generated by all departments is stored on a central database.
This data can be accessed with permission and role based access depending on the designation of the employees. Therefore, your employees get to see data that is relevant for their specific role.
You can get total visibility with complete control over your data and information. Your operations and data get centralized. The best part is your data is automatically harnessed by SAP Business One inbuilt analytics capability so you get to see realtime performance insights on custom KPI dashboards.
3. Inbuilt Analytics & Business Intelligence
Get the big picture of your business clearly with daily MIS reporting for operational visibility. Your daily departmental data gets harnessed by inbuilt analytics and gets shared as insights. You can share data with different departments using accurate timely-updated dashboards. At a later stage, you can explore this data using business intelligence software like Power BI that easily integrates with your SAP Business One ERP software.
4. Easier Internal Governance & Internal Audit
Internal Controls are usually found to be hard to implement and very expensive to setup and practice, especially for SMEs. But, after the pandemic every business has felt a strong need to have strong internal controls.
In fact, internal controls features within SAP Business One significantly reduce the chances of human errors & potential business loss. In addition, it protects sensitive data, and brings process driven discipline across the company. This results in high accuracy of data reporting for the ultimate decision making for the Management / Stakeholders.
We must be able to fare appropriate checks and balances in our company for a friction less organization. This gives a fair chance to our external auditors to add genuine value more from a strategy perspective than from just a general audit perspective to our company.At VC ERP, we have first-hand experience implementing these controls in diverse SMEs and that’s why we understand where the CFOs are coming from.
- Segregation of Duties
- Change Logs/Access Logs
- Document Relationship Flows
- Workflows & Approvals
5. Industry Specific SolutionSAP Business One ERP software can be customized as per your unique business needs while maintaining your Industry
Standard. In fact, it comes equipped with vast industry-specific features catering to the needs of a wide range of businesses. Regardless of your industry or domain, you will find industry-specific features and process tools designed for your use.Industry reach:
- Chemical Industry
- Pharmaceutical and Life Sciences
- EPC (Engineering, Procurement & Construction)
- Machine Manufacturing
- Retail & FMCG
- Wholesale & Distribution
- Professional Services
- Textile & Garments
- Transport & Logistics
- Renewable Energy
- Wires and Cables
In fact, in our industry-specific experience, at VC ERP, we have seen SAP Business One carry a demonstrated turnaround and transformation for SME manufacturing businesses in specialized industry micro-verticals or domains.
6. Quick and Easy Implementation giving High ROI
SAP Business One ERP software is quick and easy to implement as it gets you up-and-running in weeks, if you tap into the expertise and experience that VC ERP Consulting Pvt. Ltd. has acquired after two decades of successful SAP implementations. Streamline your Business operations and gain access to complete Information with SAP Business One Implementation.
7. Scalable and Flexible Solution
SAP Business One offers an end-to-end business management solution that grows with your business. It is scalable as it can accommodate a growing number of users even as your scale of operations grows from small to medium to large.
It is flexible because you can integrate a host of other software solutions such as Business Intelligence, Distribution Management, Ecommerce Solution and much more. In addition, you have the power to create custom fields, custom reports etc. In addition, you can easily:
- Optimize business costs and improve profit margins
- Foster inter-department collaboration with inter-connected data across all departments
- Manage large volumes of data
Take the 1st step towards Premium ERP Experience at Affordable Prices Now
SAP Business One ERP software helps you optimize the end-to-end operations cycle of your SME business right from procurement to customer delivery making your everyday tasks easy. It gives you everything you need to reach the next stage of growth speedily.
At VC ERP Consulting Pvt. Ltd., we are an award-winning SAP & Microsoft Gold Partner. We have successfully implemented 250+ SAP Projects since 2001. We are a 250+ Consultants strong team with demonstrated experience across 17+ Industry Verticals. Get in touch with expert SAP Business One consultants and advisors at VC ERP Consulting for free consultation to increase the profitability of your SME business.Call +91 7948998911 (India), Whatsapp +254 111229970 (Kenya), Call +1 469 915 6026 (North America) or drop an E-mail at email@example.com