by teamsoft | Oct 28, 2016 | SAP Business One
Most small businesses start using QuickBooks to manage their accounts as it’s a simple, basic and a reliable solution. When a business starts to grow and become more successful they require more than just an accounting system. They have new requirements to manage multiple aspects of their business which require more than just excel sheets, e.g. inventory, operations, sales & customer management. As a result many businesses choose to upgrade from their accounting software such as QuickBooks to an ERP system such as SAP Business One – a trusted business management system aimed at small and growing businesses. Faced with a decision to add to your current QuickBooks solution or find a solution that better meets the needs of your growing business, we have completed a side-by-side comparison between QuickBooks and SAP Business One. We addressed some essential features that typically impact sustained growth, efficiency, decision making and profitability. Comparison: QuickBooks vs SAP Business One QuickBooks SAP Business One Overview Highly respected and commonly used entry-level accounting package, but offers limited modules for expanding & growing businesses Industry-leading ERP (Enterprise Resource) software used to manage all aspects of your business, ideal for businesses who’ve outgrown QuickBooks Reputation World’s most popular entry-level accounting software 70% of the world economy’s transactions run on an SAP system Target Market Small business with relatively small budget and basic accounting needs 1-100 employees < €10 Million revenue Growing small & mid-size businesses with accounting and business management needs 5 – 1,000 employees €100k – €250 million revenue Number of Users 30 users maximum Unlimited users and role specific privileges Basic Features Accounting Accounting &...
by teamsoft | Oct 28, 2016 | SAP Business One
Most small businesses start using Sage 50 or similar products at a lower price point such as Sage One, Sage One Accounts Extra or Sage Instant. This allows them to manage their accounts as they are simple, easy to use, basic and reliable solutions. When a business starts to grow and become more successful they require more than just an accounting system. There is increasing complexity in business processes which require managing to gain control. More sophisticated analysis is needed to make decisions and run efficiently. If your business is using excel sheets to manage areas such as inventory, operations, sales & customer management, it’s a sure sign that your current systems cannot fulfill your need and an upgrade may be needed. As a result, many businesses choose to upgrade their accounting software such as Sage 50 to an ERP system such as SAP Business One – a trusted business management system aimed at small and growing businesses. Faced with a decision to add to your current Sage solution or find a solution that better meets the needs of your growing business, we have completed a side-by-side comparison between Sage 50 and SAP Business One. We addressed some essential features that typically impact sustained growth, efficiency, decision making and profitability. Comparison: Sage 50 vs SAP Business One Sage 50 SAP Business One Overview Sage 50 Accounts is a general purpose small business accounting package Industry-leading ERP (Enterprise Resource Planning) software used to manage all aspects of your business, ideal for businesses who have outgrown Sage 50 Reputation Ireland and the UK’s most popular entry-level accounting software 70% of...
by teamsoft | Oct 28, 2016 | Small & Medium Businesses
For many small businesses Excel sheets with accounting software or outsourced financing works exceptionally well to support business activities. They help control finances, operations, sales and manage customers. With sustained growth there are many new opportunities such as increased income and larger market share. However, there are also a set of new challenges to overcome. The business operations is becoming larger and more complex, which is increasingly difficult to manage and control effectively. It’s more difficult to manage your business and very time-consuming to administer all the excel sheets which were previously very effective. Alternatively getting different systems to cover these key business areas is costly, requires additional training for each system, difficult to integrate and establish communication between each system and requires multiple support contracts all which also increase complexity. Unfortunately, by not taking action, the problem is not going to go away, but instead will get even more complex and frustrating. What can you do to solve this problem? You can regain control by using a tried and tested system that is specifically designed for businesses in your situation, ERP for small business combines accounting, CRM, risk management, operations and project management into one system to help you regain that needed control, reduce administrative time, support you in managing your business and provide an easy to use user interface that is intuitive and quick to learn. SAP is the market leader for ERP Software. SAP Business One is trusted by 50,000+ small businesses like yours. Cloud and on-premise solutions can be adapted and tailored to your individual business needs. It supports you in managing your business and...
by teamsoft | Oct 5, 2016 | SAP Business One
You may have already researched the acronym ERP and chances are you were bombarded with information and possibly left confused by the various definitions available online. In order to recognise the vast capability of an ERP system and the countless benefits they bring to businesses around the world it’s important that we understand what the term ERP actually means. ERP stands for Enterprise Resource Planning, and ERP Systems can most easily be understood as software systems that provide an organisation with a system of integrated applications to manage all the functional areas of the business, including automation of as many routine functions as possible in order to improve accuracy, efficiency and profitability in the business. SAP Business One is specifically built to meet the needs of the Small and Medium Enterprise (SME) community and is among the world’s leading ERP systems. How can an ERP System like SAP Business One improve my business? SAP Business One has been adopted and implemented by over 50,000 business worldwide. The SAP Business One system provides a single solution for managing your entire business. It automates your critical business processes to improve operational efficiency and integrates all business information to drive sound decisions. With clear visibility throughout the entire company you can gain greater control over all business areas. ERP Systems like SAP Business One help support and integrate business processes such as procurement, sales and distribution, finance, accounting, human resource, manufacturing, production planning, inventory management, logistics & warehouse management. All of this is important as all businesses have immense financial and operational objectives. We know it’s easy to lose...
