It’s no coincidence that 96% of Best-In-Class businesses have an ERP solution – what could your business achieve with a single integrated solution like SAP Business One?
Here are 4 ways to simplify and grow your business using an intuitive and world class solution.
1) Put all your data in one place – do any of the situations below sound familiar?
• Inaccurate and redundant data
• Current systems cannot track business processes
• Systems do not interact with each other
• Inability to access data when away from the office
When you use one software application that integrates all your systems, you get instant company-wide insights into all areas of your business. So you don’t have to search through multiple entries, across a number of spreadsheets and databases, to find what you’re looking for. Instead, you have all the facts at your disposal instantly, so you can make smarter decisions. And you can make them quicker. As a flexible solution, designed specifically for medium sized businesses, SAP Business One lets you tailor your ERP solution to support any future changes in the business too.
2) Save time and money through automation
• Save money by automating your standard procedures and operational costs
• Forecast and plan for demand
Manual entry of data across your separate systems will be very time consuming, imagine what your staff could be doing instead – performing other critical functions or working towards helping you achieve greater ambitions? If you automate the key, every day functions of your business, each and every employee will have more time to focus on development projects that help your business drive growth.
3) Reduce simple mistakes and human error
Wherever there are humans, there are human errors – FACT. Any mistakes in your data can be costly. Experian’s Global Research Report 2014 found that 59% of data errors are caused by human error. And it can cost between £1 and £100 to rectify each mistake, depending on the time at which the error is noticed. Cut down on the potential for mistakes by streamlining your operations, reducing the number of physical entries that need to be made.
Studies also show that up to a third of data breaches are the result of human error. So not only will your systems run better when manual input is reduced, you’ll also benefit from improved security.
4) Make sure you’re working with clean data
• The average company could be losing 12% of its revenue due to wasted marketing spend, resources and staff time – all due to inaccurate data
• Research shows this ‘bad data’ affects the bottom line of 88% of companies worldwide
Clean up your data by removing any outdated information, incorrect figures or poorly input customer details. By cleansing your data, you can ensure against duplicate or inaccurate entries, spot errors more easily and make sure you have one single version of the truth. So you can be confident in your data, cut down on wasted resources, and focus on growth.
As a smaller or midsized business, in order to take these tips on board, you need to ensure that any new software solution you invest in isn’t going to break the bank. SAP Business One is a cost-effective and scalable single application that can help you manage every aspect of your company and encourage growth. Culex want to help make it even more affordable for you, by assisting financing the solution, or making you aware of any current offers.
With a single IT application helping your business run more simply, you’ll see increased efficiency and productivity. And with all your data stored in one place, you can be sure it’s accurate and up to date – so you can make more confident decisions more quickly. You’ll also save time and resources that would otherwise be spent simply managing your data. So, your smoother running business will give you more time to focus on the areas that really help you to grow.
Culex is an accredited SAP Partner, specialising in the implementation, support and development of SAP Business One since 2003. Our extensive business experience and software knowledge enables us to consistently deliver a service of the highest quality, which in turn enables our clients to maximise their return from their software investment. For further information about Culex Ltd, call 08000 199 420 or visit http://www.culex.co.uk/