Use of ERP-system «SAP Business One» in sme business management

Abstract

Management of a modern enterprise is unthinkable without the use of the latest information systems that facilitate the routine and multi-stage process of obtaining operational information, presenting it in a form convenient for a particular user, accelerating and simplifying operations with its storage and processing. The use of ERP systems in the field of small and medium-sized businesses is especially relevant. Among the software products of this class, «SAP Business One» stands out. «SAP Business One» is a business management software for small and medium-sized enterprises developed and sold by the German company SAP SE. As an ERP solution, an affordable way of complex business management and customer relationship is offered. According to the manufacturer itself, «SAP Business One» is the only available solution for managing all small businesses – from accounting and financial reporting, procurement, inventory, sales and customer relationship reporting and analytics. «SAP Business One» is one of the main parts in an organization’s system when it combines different types of business. An example here can be the execution of full or partial cycles in certain processes, such as: purchasing a product, selling, manufacturing, providing services of any type and kind, etc. So, «SAP Business One» is a comprehensive solution that provides managers of small and medium-sized businesses with full control and transparency of every aspect of the enterprise, allows you to quickly and efficiently manage your business, increasing its profitability and competitiveness.