Question 1

What is SAP?

Accepted Answer

"SAP" stands for Systems, Applications, and Products in Data Processing. SAP is a world-wide market and technology leader in client and server enterprise application software, providing solutions for companies of all sizes and industry sectors.

Question 2

What is ERP?

Accepted Answer

Enterprise Resource Planning is an integrated suite of business applications that combines all business operations, ranging from  accounting, sales management, human resources and inventory management. Among the many things we provide, Business One specializes in creating dynamic reports to help your specific business needs.

ERP helps reduce cost by helping your business avoid mistakes in your financial reports through detailed error catchers. ERP will help you eliminate time consuming tasks, and streamline workflow.

Question 3

What is SAP Business One?

Accepted Answer

SAP Business One is an affordable, integrated enterprise resource planning (ERP) solution designed to enable growing small to midsized enterprises (SMEs) and large enterprises with subsidiary operations to better manage their entire company.

Question 4

What is SAP Business One?

Accepted Answer

SAP Business One is an Enterprise Resource Planning software designed for small and midsize businesses. It is a single, affordable solution for managing your entire business – including business functions such as finance, sales, customer relationships and operations.
 
No matter which industry or level of growth your business is at, SAP Business One is able to tailor to your business’ needs and complexity. And the best part – SAP Business One grows with you.
 
To find out more about how SAP Business One can help your business, simply scroll up to read more about its key features or email us for a solution brief.

Question 5

What is the Key Difference Between ERP and Accounting Software?

Accepted Answer

Accounting software packages only handle the individual business function of accounting, whereas an ERP application handles the entire range of business functions of an organization including: Finance, Human Resources, Sales, Marketing, Logistics, and more.

Question 6

What features/modules does SAP Business One offer?

Accepted Answer

SAP Business One lets you take care of the following:
 
- Financial Management
- Sales & Customer Management
- Purchasing & Inventory Control
- Production Planning
- Business Intelligence
- Analytics & Reporting
 
It offers 7 core modules including:
- Management & Administration
- Accounting & Financials
- Inventory & Distribution
- Production & MRP
- Project & Resource Management
- Sales & Service
- Purchasing & Operations
 
Scroll up to read more about SAP Business One key features or email us for a solution brief/consultation.

Question 7

What is the Key Difference Between ERP and Accounting Software?

Accepted Answer

Accounting software packages only handle the individual business function of accounting, whereas an ERP application handles the entire range of business functions of an organization including: Finance, Human Resources, Sales, Marketing, Logistics, and more.

Question 8

What Type of Company is SAP Business One Designed to Support?

Accepted Answer

SAP Business One is designed specifically for small to midsized businesses that have outgrown their current packaged accounting software or spreadsheets and/or may need to replace multiple, non-integrated applications. SAP Business One is also designed for subsidiaries of larger enterprises.

Question 9

What's the difference between on-premise and cloud hosting?

Accepted Answer

SAP Business One on-premise is hosted on your own servers, while SAP Business One on cloud is hosted on BusinessOne’s very own servers.
 
To be able to use on-premise hosting, you will be required to have your own servers, as well as your own IT manpower to maintain your hardware.
 
Essentially, for companies who do not own their own servers and with limited manpower, we recommend cloud-hosting, which would be a less costly option.
 
Read this blog to find out more.

Question 10

What Core Functional Areas are Supported by SAP Business One?

Accepted Answer

The core functional areas supported by SAP Business One include: Accounting and Finance, Reporting, Purchasing and Operations, Inventory and Distribution, Sales and Customer Management.

Question 11

What are some of the Benefits of Using SAP Business One?

Accepted Answer

Businesses that adopt SAP Business One very quickly see measurable benefits of using an integrated ERP application including:
​
- Targeted business growth through streamlined operations
- Improved customer retention and satisfaction through quicker response times and instant access to customer information
- Operational efficiency achieved by eliminating redundant and manual data entry errors with integrated core functionality
- Closer relationships with key stakeholders including customers, vendors, and employees through better supply chain management
- Lower technology costs and quicker return on investment

Question 12

What type of companies use SAP Business One?

Accepted Answer

SAP Business One is a solution specially designed for small and midsized businesses (SMEs), and is localised to your country-specific legal requirements. It is perfect for companies who have outgrown legacy systems or simple accounting-only software, such as Xero, MYOB or Quickbooks. No matter which industry or level of growth your business is at, SAP Business One is able to tailor to your business’ needs and complexity. And the best part – SAP Business One grows with your business.

Question 13

For on-premise hosting, do you help maintain our hardware?"

Accepted Answer

Unfortunately, BusinessOne does not provide services to maintain your hardware if you are running SAP Business One on premise. We recommend you to choose SAP Business One on cloud instead if you lack the resources to maintain your hardware.

Question 14

What Types of User Licenses are Available in SAP Business One?

Accepted Answer

There are 4 license types available: Professional User, Limited CRM User, Limited Logistics User, Limited Financial User.

Question 15

What's the difference between SQL and HANA versions of B1?

Accepted Answer

SQL is a database run by Microsoft, while HANA is a database run by SAP. This means that new innovations by SAP will be developed for and deployed in HANA (and will not be available on SQL).
 
While HANA is slightly pricier than SQL, it offers more functionalities such as additional dashboards for finance, sales and marketing, purchasing and customer service, an enterprise “Google-like” search function and more. HANA also does not require a separate database for analytics, unlike SQL, hence it is significantly less complex than the SQL database.
 
In fact, with HANA’s in-memory database, you will gain faster access to the information you need as HANA’s data is stored directly on RAM memory chips close to the processor as compared to SQL’s data which is store on a hard-disk. Access times for data on RAM is 100 times faster compared to access times for hard-disk. The difference becomes specifically visible as the number of users and transactions grows.
 
Read our blog to find out more.

Question 16

How does B1 compare to Xero/QuickBooks/MYOB?

Accepted Answer

Xero, QuickBooks and MYOB are pure accounting software which are mainly focused on the small business market, while SAP Business One is an Enterprise Resource Planning (ERP) software that is able to cater to the needs of small and mid-sized businesses alike.
 
While pure accounting software may be great for early stage and single entity businesses, many growing small businesses find that they need something more sophisticated, such as SAP Business One, to support their business and provide company-wide visibility as they grow and increase in complexity.
 
With SAP Business One, you will also have the option of choosing your preferred hosting environment – on-premise or cloud.
 
Chat with us or email us to find out how SAP Business One fits your business today.

Question 17

Does SAP Business One Adapt to my Business' Specific Industry Requirements?

Accepted Answer

With over 550 prepackaged, fully integrated industry-specific solutions, SAP Business One provides your business with the tools your business needs to succeed.

Question 18

What Kind of Reporting and Analytics Capabilities are Included with SAP Business One?

Accepted Answer

SAP Business One provides powerful integrated analytic and reporting tools, such as Crystal Reports and HANA that enable you to access critical business information drawing on all functional areas including; accounting, sales, purchasing, production, inventory, service, and operations.

Question 19

How quickly can SAP Business One be up and running?

Accepted Answer

The amount of time it takes to set up your SAP Business One system depends on your industry, your company’s requirements and the complexity of your system (customisation needs, additional features and modules). To find out how long your setup might take, simply email your requirements or request for a consultation @ info@businessone.cw.(mailto:info@businessone.cw?subject=How quickly can SAP Business One be up and running?)

Question 20

Do you implement B1 outside of Curacao?

Accepted Answer

Yes, we implement SAP Business solutions throughout the Caribbean Region.

Question 21

What Deployment Options are Available?

Accepted Answer

SAP Business One is available as an on premise or hosted solution in the cloud.

Question 22

How Long Does it Take to Implement SAP Business One for my Business?

Accepted Answer

There are several factors that determine how quickly SAP Business One can be implemented and customized to your Business including: size of your business, complexity of your business structure, type of ERP deployment, and any specific add-ons or customizations.

Question 23

Do you offer SAP Business One training for all users?

Accepted Answer

Yes, we do! To ensure your smooth transition into SAP Business One, training is included for all users who choose us as their implementation partner.

Question 24

What does the Implementation Process Include?

Accepted Answer

The implementation process includes a project planning phase, business blueprint, project realization, and Go Live. See our 5-step work methodology.

Question 25

Can SAP Business One and Add-ons Scale to Support my Business' Future Growth?

Accepted Answer

Yes, SAP Business One provides a scalable solution that not only meets your fundamental business management needs today, but can also be scaled to handled and increased number of transactions generated by a growing customer base.

Question 26

Can I Transfer my Existing Business Data into the SAP Business One Application?

Accepted Answer

Yes, data migration from your old system to SAP Business One can be imported from a text file, excel spreadsheet or manually. SAP Business One also uses the Data Transfer Workbench add-on to ensure data migration is performed quickly and easily.

Question 27

How Much Does SAP Business One Cost?

Accepted Answer

When you request a quote, you will receive the standard cost for the SAP Business One application along with the additional costs based on number of users, type of access required, professional services for implementation, maintenance fees and extra hardware.

Question 28

What are the Basic Software Requirements to Run the SAP Business One Application?

Accepted Answer

Recommended System Requirements for 30 Users: Processor: 2 Intel Xeon E7 (or equivalent), Memory (RAM): 16 GB, Hard Drive: Raid 10 320 GB, Drives: DVD-Rom, Display: 1600x900 or higher.

Question 29

What Support Options are Available After the System Goes Live?

Accepted Answer

Business One B.V. supports your business well beyond the initial implementation carried out through a team of dedicated SAP Business One consultants that have extensive experience with SAP Business One.

Question 30

How Often Does SAP Release New Versions of SAP Business One and What is the Long-term Strategic Vision for the Solution?

Accepted Answer

SAP continues to focus on extending core functionality as the market serviced grows from SME to also include the higher end market.

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