By Suchada Iamchula
Head of SAP Business One and Cloud ERP, SEA
As small and midsize companies grow in the modern digital economy, they face new challenges and opportunities. If you are preparing your company to scale and expand into new markets with efficient processes and data insights, be sure not to lose any of the aspects of your business.
SAP Business One is a next-generation enterprise resource planning (ERP) solution designed for small and mid-sized businesses. It provides complete, real-time visibility into your business operations and helps simplify and accelerate the way you manage your finances, track sales growth, and customer relationships, and streamline operations from start to finish.
Some prominent reasons why SAP Business One stands above all the ERP solutions.
- Cloud: You can deploy SAP Business One Cloud for a monthly license fee, so when your business grows your SAP Business One solution grows with you.
- Mobile: Mobilize your sales team with SAP Business One mobile apps, available anytime, anywhere, and on any mobile device and manage your business on the move.
- On-premise: Deploy SAP Business One solution in the office – that’s just fine too as per your custom needs.
What is the next frontier for small and medium-sized businesses (SMEs) in their digital transformation efforts?
But what lies ahead? As enterprise resource planning systems and solutions are upgraded, businesses can reap numerous benefits. “Digital transformation” and the buzzword “Intelligent Enterprise” are changing business models and making them more intelligent by digitizing them.
These digital businesses are built on a new computing infrastructure where enablers like Analytics, Big Data, Cloud Technologies, and mobile technologies are accelerated by the Internet of Things (IoT) innovations, Machine Learning (ML), and innovations like Blockchain technology work together to deliver faster results.
The Future for Small and Medium Businesses – A Look at Intelligent Enterprise
An Intelligent Enterprise is a data-driven approach to business that relies on an intelligent, stable core at its center. This approach allows customers across all industries and verticals to reimagine their business processes and business models. Intelligent Enterprise has the potential for widespread usage because of its mature, affordable, and viable digital technologies.
The Intelligent Enterprise Framework
SAP Intelligent Enterprise Framework, powered by SAP Business One, consists of five key components. Let’s take a closer look at each.
- Business Technology Platform
The Business Technology platform supports application development and integration to automate your business. This enables organizations to achieve business agility and value that are crucial for market success. Additionally, it leverages cutting-edge technologies like AI, Machine Learning, and the Internet-of-Things (IoT) that ensure continuous innovation.
2. Experience Management Application
Customer experience management is a critical component of Intelligent Enterprise. With SAP Experience Management, companies can capture their customers’ and partners’ feedback to gain a deeper insight into how they feel about the brand.
3. Business Process Intelligence
Real-time insights enable intelligent enterprises to optimize their business processes, making them faster. Business Process Intelligence (BPI) is the ability to convert process insights into meaningful actions that drive digital transformations.
4. Sustainability Management
In today’s environment-conscious world, organizations need to be wary of their impact on the climate and people’s lives. SAP’s sustainability management solutions can help your business run the most sustainable business processes possible.
5. Cloud Infrastructure
SAP’s cloud platform provides the flexibility to scale your business operations while reducing costs. With SAP solutions, you can deploy to any cloud infrastructure without compromising security or performance.
In this GIF: The digital core for SMEs: Enhanced by Digital Enablers
Innovation on SAP Business One Platform:
- SAP Business One Analytical Portfolio: You get insightful data dashboards and KPIs to make your business measures better to understand. Also, enable your business to access, organize and schedule your reports from a Web Browser, anytime, anywhere.
- Cloud technology for SAP Business One: allows businesses to manage their most critical business functions with flexibility.
- Machine learning for SAP Business One: provides a suitable framework to forecast demand, analyze inventory levels and optimize your demand. It also provides product recommendations based on the buying history of your customers or similar customers in sales documents.
- SAP Business One’s Big Data: capabilities help you to predict future trends based on your historical data and enable you to create seasonal forecasts within dashboards.
- Mobile technologies for SAP Business One: sales and service apps help you perform your sales activities efficiently and manage and fulfill customer service anywhere, anytime.
The Intelligent Enterprise from APPTech and SAP
APPTech, a provider of SAP Business One ERP solutions, offers a holistic approach for businesses to transform themselves into Intelligent Enterprises. With their expertise in SAP technologies, APPTech is helping businesses rapidly transform into future-ready intelligent enterprises. By leveraging their experience as an SAP implementation partner, the company delivers simple and practical technology solutions that are customized for your business needs.
About APPTech
Over the last decade, the APPTech Experts team has been building industry-specific solutions for customers on the SAP platform. We love to innovate and help customers become Intelligent Enterprise through automation of their processes. It is only with APPTech Experts where expertise meets commitment.
In this photo: APPTech directors with James Deakin during the company’s Customer Day 2022
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The article was based on Ploy’s presentation, which took place during APPTech’s Customer Day in 2022.
Watch the video highlights of her talk here:
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