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Here are the key features of SAP Business One which are applicable to the operations of most SMEs like yours.
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The latest example of this was the Version 10 product update released in 2020, which introduced a native Web Client exclusive to the SAP Business One version for SAP HANA.Īpart from these, if you'd like to learn what else was introduced with the Version 10 update, click the image below to download a resource which'll give you the full list of new features.Īs an integrated business management solution, SAP Business One offers a full set of key features to help you maintain visibility and control over your business.īy streamlining key operational processes and using raw data generated from them to provide you with real-time insights into your business, these key features inform your business decisions so that it effectively drives the profit margins and growth of your SME.
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In recent years, SAP have gradually transitioned the originally on-premise Business One software towards the cloud. These include the integration of SAP Crystal Reports in 2010 with SAP Business One Version 8.8, and the introduction of support for the SAP HANA relational database management system in 2012 with Version 8.82. TopManage was subsequently rebranded as SAP Business One in 2004, and SAP invested significant resources in upgrading the capabilities of the ERP software over the years. It also gave SAP a foothold into the SME market, which had been a missed opportunity for the company for years. The acquisition of TopManage thus gave SAP a lean, easy-to-use integrated business solution designed for the specific needs of SMEs, which was what the subsidiaries of their SAP R/3 (now SAP ERP) customers needed to manage their smaller-scale business operations. SAP’s involvement with the ERP software began in 2002, when the German multinational software company acquired TopManage Financial Systems.Īlthough SAP was already well-known at the time as a developer of robust ERP solutions for global enterprises, the company did not have a suitable product for SMEs at the time. The company initially sold its ERP software only in Israel, but began expanding into markets in Europe and Latin America in 2000. To market and sell the new ERP software, QuickSoft spun off TopManage Financial Systems in the same year the product was launched.
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TopManage was an innovative software product based on the then-new Windows OS, and was created with the goal of penetrating a market that was dominated by MS DOS-based accounting software at the time. In fact, the original version of the ERP software was developed by the Israeli software company QuickSoft, and it was first launched in 1996 under the name “Menahel” (or “TopManage”). While we're at it, if you'd like to download the solution brief for SAP Business One for later reading as well, you can do so by clicking on the image below.Īlthough SAP has long been known in the industry for developing robust ERP solutions in-house, you might be surprised to find out that SAP Business One is an exception to this rule. In this guide to SAP Business One, we’ll be giving you an in-depth look into SAP’s flagship ERP for the SME market, and provide answers for the most common questions you might have about the ERP software. What are the features and functionalities that SAP Business One brings to the table? What are its strengths compared to its closest competitors? And can it cater to the unique business needs of your SME? You’re here to find out whether it’s a good ERP software. This has led to SAP Business One being one of the best-selling ERP software for SMEs of all time, with many businesses relying on it to drive their business growth over the years.īut you’re not here to learn whether SAP Business One is a popular product. However, SAP has also had a longstanding presence in the small- and medium-sized enterprise (SME) segment of the ERP market with SAP Business One.ĭesigned for SMEs which have grown beyond entry-level accounting software such as QuickBooks and Xero, SAP Business One gives you complete visibility and control over the entirety of your business operations.īusiness One has also been a household brand name in the SME-level ERP software market for almost 20 years.īecause SAP Business ONe easily integrates and shares data with other SAP products, it's favoured by subsidiaries of larger enterprises that are already using enterprise-level SAP products such as S/4 HANA.
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While SAP has established itself as the household name in the market for about five decades, it's mainly known for its enterprise-level ERP software products such as SAP ERP and SAP S/4HANA.