If you're in the market for an enterprise resource planning (ERP) platform, you already know how an ERP can help a business. You may also come across SAP Business ByDesign, which is a popular ERP tool for small to midsize companies with annual revenue between $25 million and $500 million.
What Is Enterprise Resource Planning?
Enormously helpful, ERP is a type of business software that helps organizations unify and automate their processes. The platform usually contains several modules that each address a specific business function, such as accounting, human resources, or customer relationship management.
The goal of an ERP system is to help businesses manage their data and workflows in a centralized location. This, in turn, can improve efficiency, transparency, and coordination across departments.
What Is SAP Business ByDesign?
SAP Business ByDesign is a cloud-based ERP system designed specifically for small to midsize companies. It offers a complete set of ERP features and modules, all of which can be accessed through a single software platform.
Some of the key modules of SAP Business ByDesign include accounting, compliance, supply chain management, project management, human resources, and customer relationship management. SAP Business ByDesign is a scalable ERP system, which means that it can grow with your business. As your company expands, you can add new users and modules to your system without having to replace your existing software.
It's important to emphasize the cloud-based nature of SAP Business ByDesign because ERP solutions come in both on-premise and cloud-based versions. On-premise ERP systems are installed on a company's local servers; cloud-based ERP systems, on the other hand, are hosted by the ERP vendor and accessed via the internet.
The main advantage of a cloud-based system is that it's more affordable and easier to set up and maintain than an on-premise system because you don't have to invest in local servers or hire an IT team to manage your software.
Can SAP Business ByDesign ERP Solution Help Your Business?
SAP Business ByDesign can help your business in many ways. First, it can improve visibility into your company's data and processes. This, in turn, can help you make more informed decisions about your business.
Second, SAP Business ByDesign can automate many of your company's processes. This can help you improve efficiency and coordination across departments. For example, if you're using the accounting module, invoices can be automatically generated and sent to customers once an order is completed.
Third, SAP Business ByDesign can help you comply with financial regulations. This is because the software includes built-in compliance features, such as audit trails and financial reporting.
Fourth, SAP Business ByDesign can help you better manage your supply chain. The software includes features that can help you track inventory levels, plan production, and manage vendor relationships.
Why Choose SAP Business ByDesign ERP?
There are many different ERP solutions out there to choose from. So, why choose SAP Business ByDesign? Here are some reasons to consider:
- SAP Business ByDesign is a complete ERP package, so all your departmental requirements are addressed in a single platform.
- SAP Business ByDesign is a cloud-based ERP solution, which makes it easy to set up. You can have it up and running in a matter of days or weeks, depending on the complexity of your business.
- ERP platforms can get complex, and you might not need all modules of an ERP solution. SAP Business ByDesign eliminates this complexity by letting you tailor your system to your specific needs.
- SAP Business ByDesign offers multi-currency support and forty-three localized versions. Even if you operate in different countries, you won't have to work with multiple ERP platforms.
SAP Business ByDesign is a cloud-based ERP system designed specifically for small to midsize companies. It offers a complete set of ERP features and modules, all of which can be accessed through a single software platform. The cloud-based and modular nature of this ERP solution reduces the challenges of implementing ERP in a midsize business, so be sure to contact NBS to find out how you can incorporate this into your company today!