SAP Business One Features
Some of the standard "out of the box" features that come with SAP Business One include:
Sales and Customer Management
Purchasing and Inventory Control
Analytics and Reporting
SAP Business One Financial Management
Fixed Asset Management
Banking and Reconciliation
Financial Reporting and Analysis
SAP Business One includes financial management tools to streamline the accounting operations of your business. Through SAP Business One, you will strengthen your team's decision-making abilities by improving your margins and reducing accounting errors.
SAP Business One’s financial management tools automate accounting procedures, including journal entries and accounts receivable/payable.
Additionally, SAP Business One financial management helps manage cash flow, track fixed assets, and monitor projects cost-effectively.
SAP Business One's fixed asset management removes the need for repeated data entry by utilizing virtual functions.
The banking and reconciliation component processes reconciliations and payments quickly and efficiently through bank transfers, checks, and cash.
Finally, SAP Business One’s financial management tools include financial reporting and analysis, which collects and reports data in real-time.
SAP Business One Sales and Customer Management
Sales and Opportunity Management
Marketing Campaign Management
Reporting and Analysis
SAP Business One offers robust sales and customer management tools so that you can manage and monitor every step of your sales process efficiently.
They also offer marketing campaign management tools to create, manage, and analyze your business's activities and marketing spending to acquire more customers.
The sales and customer management tools also offer reporting and analysis at every stage of the sales process.
SAP Business One Purchasing and Inventory Control
Master Data Management
Warehouse and Accounting Integration
SAP Business One provides businesses with helpful purchasing and inventory control tools to manage their receipts, payments, returns, and invoices.
The purchasing and inventory control from SAP Business One provides procurement processes like requisition requests. It returns management, improving the auditing process by matching documents and dealing with different currencies.
The master data management feature includes centralized balance and purchase analyses and keeps track of individual item purchase information.
Warehouse and accounting integration automatically creates accounts payable invoices based on orders and receipts. Through SAP Business One, you can sync your tickets with your inventory levels to have complete control over your purchase planning.
With accounts payable, you can optimize your supply chain and reduce costs by keeping track of invoices, cancellations, and credit memos. While keeping up to date with purchases, your business can plan and schedule purchases to suit your supply needs.
Purchasing and inventory control generates reports based on real-time data and gives convenient access to business owners. You can view your reports via desktop or even mobile phone.
SAP Business One Business Intelligence
Report Creation and Customization
Analytics with Predefined Metrics
Powerful Data Visualizations
Through SAP Business One, businesses gain the ability to access data, create reports, and view them in various customizable layouts. Your business’s ability to access data and create reports requires very little IT overhead, so your business can access everything you need quickly and conveniently.
SAP Business One also offers interactive analysis and intuitive tools that will assist businesses in receiving financial insights while also examining their business through Microsoft Excel. They provide intuitive tools like search assistance, and you can also create alerts based on your business’s workflow. You’ll be able to access your data and gain insights into improving your business faster.
SAP Business One analytics enhances cash balance visibility and sales through performance indicators. It also makes evaluating and analyzing your data easy by including powerful visualization tools perfect for any small or midsize business.
SAP Business One Analytics and Reporting
Dashboards and Reports
SAP Business One includes real-time analytics so that you can access and evaluate your data through data searches and by creating reports. Their dashboard makes tracking cash flow and assessing performance instantaneous so that you can manage your business effectively. You’ll have instant access to everything you need to know, all in one convenient place to fix workflow errors and improve your business quickly.
SAP Business One Pricing Models
1. SAP Business One Perpetual License Model
(excludes Implementation cost)
Businesses can purchase SAP Business One at a one-time cost depending on the license. Purchasing individual licenses does not cover annual maintenance that may be necessary, including software bug fixes, upgrades, and patch releases.
Each package includes one license, so if you wish to purchase the package for multiple people, multiply the package price by the number of users.
The different tiers for one-time purchases include:
Professional: $3,240 each
(Including first year annual maintenance[AMC])
The professional user license provides businesses with unlimited access to SAP Business One’s features, including financial management, sales, customer management, purchasing and inventory control, etc.
Limited: $1,680 each
(Including first year annual maintenance[AMC])
Limited user licenses have limited access to a particular professional area. For example, financial employees would access the limited use license for SAP Business One’s financial accounting services.
2. SAP Business One Cloud SaaS Model
(includes Implementation cost)
CRYSTOL offers a pre-configured software-as-a-service (SaaS) of SAP Business One, including software licenses and cloud hosting. SaaS also includes implementation and training. CRYSTOL offers various packages that will fit a variety of businesses, including:
$295 Professional per user/per month
$245 Limited per user/per month
The SaaS model offered by CRYSTOL includes training, implementation, license, and cloud hosting, all of which are included in convenient, low-cost packages. Rather than pay monthly, your business can also pay quarterly or annually at your convenience.
SAP Business One Implementation Cost
In addition to purchasing a Perpetual license, client will also incur the cost of Implementation. It incorporates System Configuration, Master Data and Opening balances Migration, User training, and support services.
SAP Business One covers most businesses' needs as an ERP package. Still, some companies have requirements above and beyond the norm and have the option of adding-on additional solutions specifically designed for SAP Business One, including payroll, credit card integration, barcoding, manufacturing, and much more there are over 400+ add-ons available for SAP Business One for businesses to choose from (these are priced separately).