CFOs Scale Their Business Using
SAP Business One

Streamline Finance Operations & Drive Growth

SAP Business One Overview For The CFO

With the increase of digitization and business technology constantly changing, the role of a CFO has evolved beyond just “managing the numbers.” Modern-day CFOs are essential to planning corporate strategy and increasing efficiency to optimize company growth. They are constantly identifying investment opportunities, areas of process improvement or increased efficiency, emerging markets, and more.

This is especially true for CFOs of small and midsize businesses, which are constantly evolving and preparing to scale. With all the moving pieces involved in an emerging business, new developments and strategies need to be implemented and acted on. This makes a system that provides visibility, collaboration, and flexibility imperative to success. With more data and more processes to keep track of, small or outdated systems (or lack of a system all together) can lead to costly errors, tedious manual processes, and lack of visibility.

An Enterprise Resource Planning (ERP) system provides CFOs with a complete view of all business operations, allowing them to quickly make data-based decisions to run as efficiently as possible. A robust ERP system integrates every aspect of the business under one umbrella, so finance executives have a single source of truth that is accurate and up-to-date. This gives them a complete picture of business operations at any given point in time and allows insight into opportunities to reduce costs, areas of improvement, and ways to increase the bottom line.

KEY FUNCTIONS

SAP Business One is specifically designed to grow with developing businesses, so you have all the tools you need to streamline finance operations and drive growth, at a rate that makes sense for you. Here are a few reasons why CFOs rely on SAP Business One to help them make key business decisions:

How Much Does an SAP Business One Implementation Cost?

REAL TIME INSIGHTS

Are you and your team chasing down data or struggling to catch up on deadlines due to manual processes at year end? A robust ERP system will integrate each of your business departments into your financials, allowing for a single, updated data stream that saves you time and money.

WINPLUS cut data consolidation processes by 66%, achieving global transparency across their organization.

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INCREASE EFFICIENCY & SAVE VALUABLE TIME

Automate accounting updates and financial reporting so you can stop spending countless hours on data reconciliation in Excel or QuickBooks. Data is instantly and accurately incorporated into A/R and A/P across the business from sales orders, invoices, purchase orders and more, freeing up valuable time to focus on revenue-generating activity.

La Tourangelle cut the amount of time it takes to close their books in half.

GREATER TRANSPARENCY FROM ONE SINGLE SOURCE OF TRUTH

Multiple, disparate systems lead to friction and lack of visibility, creating knowledge gaps and silos within your organization. With all information inputted into one system, you can increase collaboration between business functions with total transparency across all operations. Now you can grow your business efficiently, with an organization that works together as a cohesive team.

BedStu grew 20% without adding any additional staff.

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COMPREHENSIVE FINANCIAL TOOLS

SAP Business One provides a complete set of tools for your accounting and finance operations. You can conduct banking activities including processing bank statements and payments, reconciling accounts, designing custom reports, managing cash flows, tracking budgets, and comparing actual versus planned spend and revenue…in a fraction of the time it would take you in spreadsheets.

Choice Organic Teas’ VP of Operations, Ray Lacorte relies on SAP Business One to deliver reliable, accurate and timely information to “make the best possible management decisions.”

REDUCE MANUAL DATA ENTRY & ELIMINATE COSTLY ERRORS

Manual data reconciliation and disjointed business processes can lead to costly human error. Eliminate the guesswork with real-time, accurate updates across your entire business. In-memory computing within SAP Business One ensures your data is always precise and up-to-date.

Rapid Conn Group Of Companies saw 96% increase in inventory accuracy, leading to $30,000 in annual savings.

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DECREASE COGS WITH OPTIMAL INVENTORY LEVELS & PRODUCTION SCHEDULING

With up-to-date, precise data on your inventory and raw materials, you can reduce waste due to expired ingredients, inefficient production scheduling and delayed shipment or out-of-stock situations. Now you can always have the optimal amount of inventory available, meet customer expectations with on-time delivery, and have access to instant, accurate information on your costs and revenue.

Trudeau Food Distribution reduced inventory by 25%, resulting in millions of cost savings.

LOWER COSTS & INCREASE SCALABILITY WITH A CLOUD SOLUTION

A SaaS-based solution allows for greater flexibility and scalability than a traditional on-prem solution. Cloud services are more secure, agile, cost-effective, and sustainable than they ever have been. Furthermore, updates to the system can be done quickly and without having to hire a development team to upgrade your solution, resulting in significant savings.

Tivoli Audio implemented SAP Business One on budget and on time, without interfacing costs thanks to immediate integration with Softengine Retail/POS.

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Are You Ready for SAP Business One Implementation? Contact A Specialist Today!

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USE DATA TO DRIVE GROWTH

With a system that is sophisticated enough to provide instant access to critical business data, CFOs can steer the company in a profitable direction based on data-driven insights on cash flow across every department. Identify opportunities to increase efficiency and streamline operations, determine where you can reduce costs, and pinpoint how you can maximize profits and increase your bottom line!

ReNu Medical completed two consecutive record-breaking sales months thanks to increased visibility into their entire process from beginning to end.

CONCLUSION

You are an integral part of corporate strategy at a growing company in the digital age. Don’t just maintain the status quo, take your business to the next level with a solution that allows you to make data-driven, growth-accelerating decisions quickly and efficiently.

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