SAP Business One: Features & Functions

SAP Business One allows managers and employees to access and use information more effectively -- so they can make smart business decisions. The comprehensive solution covers all the core operations necessary to run your business successfully, including:

Business Administration

• Financial accounting -- Handles all financial transactions, including general ledger, account setup and maintenance, journal entries, foreign currency adjustments, and budgets
• Bank transactions -- Takes care of all financial processing such as cash receipts, check writing, deposits, advance payments, credit card payments, and bank reconciliation
• Sales and distribution -- Helps you create price quotes, enter customer orders, set up deliveries, update stock balances, and manage all invoices and accounts receivables
• Purchasing -- Manages and maintains vendor contracts and transactions, including issuing purchase orders, updating in-stock numbers, calculating the value of imported items, handling returns and credits, and processing payments
• Outlook integration -- Integrates with Microsoft Outlook so employees can synchronize calendars, contacts, and tasks

Customer Relationship Management

• Sales opportunity management -- Records every sales opportunity, from the first phone call to the successful close of a transaction
• Business partner management -- Controls all information about customers, resellers, and vendors, including profiles, contact summaries, account balances, and sales pipeline analysis
• Service management -- Enables service operations, contract management, service planning, tracking of customer interaction, and customer support

Manufacturing

• Material requirements planning (MRP) -- Manages MRP through a wizard-based process that enables users to define a planning scenario and predict demand based on forecasts
• Warehouse management -- Handles inventory levels, item management, price lists, special price agreements, transfers between warehouses, and stock transactions
• Reporting -- Creates reports for nearly every aspect of your enterprise, including customer and supplier debt, sales, cash flow, customer-contact summaries, bookkeeping, warehouse stock, financial statements, pricing, and customer activity

Want to learn more about SAP Business One? Contact Chris Morris at chris.morris@velocityglobal.co.nz