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6 Reasons why you should invest in SAP Business One

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The most common misconception about SAP is that it only provides solutions and software for large corporations. However, this could not be further from the truth as SAP’s product line features software for all business sizes. SAP Business One is the ideal ERP software for small to medium sized enterprises.

SAP Business One is an affordable single solution that allows you to manage your entire small businesses, from accounting and financials, purchasing, inventory, sales and customer relationships to reporting and analytics.

Here are 6 reasons that SAP Business One will leave a positive note on your company, especially if you are looking to grow your business.

  1. Affordable Price

All small business have operational requirements that more or less entail the same complexity that large companies face. However with SAP Business One you have the same Enterprise Resource Planning (ERP) that large organisations use, at a much more affordable price. SAP provides the same kind of tools: business intelligence and analytics, sales forecasting and management, customer relationship management, in one integrated solution.

  • Financial Visibility

SAP Business One makes it easier by allowing you to eliminate multiple different spreadsheets that are equipped with data, by connecting your financial operations with other key processes in your business such as purchasing and sales or inventory management in real time. This way you can save time and improve your cash flow.

Security and data integrity is a concern for all businesses no matter the size and SAP Business One allows you to provide permissions to different employees so that sensitive data is kept secure.

  • Anticipation of Customer Needs

With SAP Business One your customer relationship management (CRM) and sales are brought closer together, thus you’ll be able to manage all your CRM and your sales/marketing activities on one single platform. This enables the firm to build more effective communication programs.

  • Improved Decision Making

Having all your data on one platform helps you to save time which aids in improved decision making. Therefore, SAP Business One provides you with multiple reports on the data that is available and important to you, just by configuring a couple of settings.

  • Best Practice for every industry

SAP Business One regardless of what industry you are in, provides you with best practice systems. Furthermore the solution can be customised for your manufacturing, construction, catering, wholesale business and many more. Compared to other solutions on the market SAP Business One is fairly quick to implement.

  • Easy to Access Training

SAP provides users with a lot of online training that enables to you get your team and any new employees up to speed with the SAP Business One.

So to conclude, SAP Business One gives you access to a better visibility and improved decision making at a lower business cost. If you are interested in finding out more info about how you can acquire this system you can contact us on info@mapitmalta.com or give us a call on 21359119.

The benefits of a Documentation Management System (DMS)

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Just about any enterprise can admit that documentation is an essential factor for their business. However, many are faced with challenges that could impact various factors, such as the efficiency of the business.

So, one might ask, how can a company successfully maintain documentation within the company and eliminate these challenges?

The implementation of a Document Management system allows businesses to capture, save and retrieve documentation both physical and electronic within one system.

  • Reduction of storage space

A software based DMS will allow a business to save time, money and space. The reduction in the use of file cabinets, boxes, archiving rooms etc. will allow freeing up office space for a more useful utilisation. This apart from saving the company money also saves valuable time when searching for a specific document. Rather than going through multiple files/ boxes etc. one can search for it through the digital system.

  • Data Security

Such a platform will provide security to business data and eliminate any issues with sensitive data or other confidential information. By setting permissions for different users, using encryption keys and other security features that the system provides, the business’ data is much more secure.

  • Integration

Companies around the world mostly make use of the Microsoft Office suite and many DMS offer integration with the Office Suite as well as other systems. This allows the employees to continue working within their comfort zone while utilizing the DMS.

  • Search Functions

Most of the time, we spend a lot of time trying to look for a document that was attached to an email, or we forget where this was saved. With the DMS many sophisticated search functions are offered, enabling the user to filter and skim through the documentation easily.

  • Improved Collaboration

With a DMS the ability to access content and collaborate is greatly simplified as it provides greater visibility to business processes and can allow for better workflow monitoring. Also, the ability for users to communicate amongst each other within the document itself reduces communication time.

  • Increased productivity

Time is very valuable and with a DMS saving time is almost guaranteed which is greatly reflected into increased productivity. This also improves staff morale by efficient documentation retrieval which ultimately results in increased client satisfaction.