Stay updated on SAP Business One Facts & Myths
Over 40,000 customers leverage the power of SAP Business One. SAP Business One is a management software designed specifically for small & medium-sized Businesses. What makes it a preferred choice? It is an affordable, easy-to-use software. It helps organizations automate key business functions like financials, operations, & human resources. They can also instantly access critical data, streamline your processes, & make decisions based on real-time information & drive profitable growth. To make the most of this tool, it is important to know the difference between SAP Business One misconceptions and SAP Business One facts & Myths.
As a result, the sector is set to reach new heights thanks to the tool. However, the more a technology flourishes, the more information flows through the industry with regards to its workings, and this information isn’t always accurate.
With so much information swarming around, it can get tricky to determine which sources to rely on. To help you with the task, here is a comprehensive SAP business one Facts & Myths list that is sure to serve as your guide.
Busting Common SAP Business One Facts & Myths
1. Myth: It’s not an Affordable Solution
Given that SAP Business One is the go-to solution for the big names of the industry. It is generally assumed that the software falls on the higher end of the price range, to an extent where small and medium businesses cannot afford to leverage it.
Fact: Designed Only for SMEs
Contrary to the popular belief that SAP is an expensive affair, the tool is specifically designed to help small and medium businesses thrive in the industry. In addition, the software is customizable so it can serve business expansion plans. Firms can easily upgrade the module with a simple license purchase as and when required.
2. Myth: Difficult to Migrate the Existing Data
Most organizations are under the impression that once they adopt the SAP solutions, all their systems will have to be altered or upgraded. Consequently, the old data will be lost in the transition from the old system to the new one.
Facts: Easy Migration of Old Data
The best part about SAP is that it offers integration with several third-party applications. This means that one has the liberty to only opt for the module that is truly required for the businesses. Moreover, the data from old systems can be moved to the new HANA in-memory database with ease.
3. Myth: Implementation Takes a Long Time
One of the most common false assumptions is that transforming all the business processes via SAP Business One is a rather long process, meaning that it demands additional resources and time; ultimately meaning that it costs more money at the risk of fewer profits.
Truth: Quick Implementation Process
The fact here is that SAP implementation is a matter of merely two weeks or so. Yes, the implementation process varies based on the size of the business and the module chosen. However, to optimize the downtime, you can always turn to experts. In these case, choosing the right SAP implementation partner is of key importance here.
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