Unveil the potential of your digital initiatives with Intelligent ERP – SAP Business One
Technology continues to evolve at a surprising rate and this challenges companies to keep pace with the digital revolution, while customers are increasingly demanding better quality, speed of service and personalization.
The challenge is to streamline the overlying data and manage the business processes simultaneously. This means that businesses need to simplify and automate processes that require manual input and eliminate repetitive tasks that drive up costs, slow down the execution, and eliminate manual errors in tasks like entering data.
Reinventing the business model is one of the most significant opportunities created by the advent of digital technology. It enables an enterprise to enter new markets, reach out to customers, and generate new revenue, barring the entry of its competitors and thus creating a first-mover advantage.
This requires refurbishing the business around the needs of present and future customers and technologies. The definition of digital transformation is often modified with each company’s size, markets, competitive threats and its willingness to risk.
Irrespective of the size or the industry, SAP stands out as a worldwide market and technology leader in enterprise application software solutions helping businesses to achieve their business goals.
Over the years SAP Business One has emerged as one of the leading enterprise resource planning systems that is extensively used by businesses all over the world to help them to execute their business functions with ease and efficiency.
SAP Business One provides one simple, affordable solution that streamlines business processes, provides real-time information, and helps boost overall business performance using the most advanced technology trends. For this, SAP implemented some new trends in business technology to ensure future growth for enterprises:
IoT(Internet of Things)
The Internet of things (IoT) is a process that relates physical and virtual objects that are stored with unique identifiers (UIDs) and are connected to the internet, to support intelligent applications which make energy, logistics, industrial control, retail, agriculture, and other areas and industries “smarter”.
The Internet of Things (IoT) has initiated many new possibilities, a world where devices communicate with each other through a two-way connection. IoT is helping businesses rapidly by collecting, analyzing, and processing data from sensors. Companies are now able to offer their customers new services like
Improved data availability
Improved business intelligence
How SAP Business One uses IoT
Twitter App: The ability to address and analyze the unstructured data you receive from everyday tweets
Alexa Integration: Operate SAP Business One per voice via Alexa
Artificial Intelligence [AI] and Machine learning [ML]
AI allows humans to focus on creative and exciting work to build their skills instead of working on repetitive tasks. Soon, we will see machines doing things that humans typically do. Machine Learning is a sort of AI that gives an unbiased analysis of the data. It allows computer programs to modify when exposed to new data.
AI uses intelligent software applications to enhance the internal management structure and create a smarter technology infrastructure and thus, automate the business processes in each individual company. Combining artificial intelligence and ERP together creates a dynamic combination and the companies who realize how to use it will gain great value and competitive advantage from the new technology.
Improved decision-making process
Automation of data input
How SAP Business One uses AI
Sales Recommendation: SAP Business One allows you to obtain product recommendations based on the buying records of your customers and similar customers in sales documents using AI technology.
Intelligent Forecast: Interact with built-in statistical forecast algorithms to analyze inventory levels.
Chatbot for WhatsApp Integration: Use Chatbot and B1iF to integrate WhatsApp with SAP Business One to create Sales Quotations, Sales Orders, Service Tickets, etc.
Big data allows companies to manage, store, and manipulate a large amount of data with speed and to gain the best insights in time from your actual data. Both large and small companies are using big data, and related analysis approaches as a way to gain more information to better support their company and serve their customers.
Understand the market conditions
Identifying errors instantly
To improve service dramatically
Fraud can be detected instantly
Better sales insights
How SAP Business One uses Big Data
Enterprise Search: Locate your business information via freestyle search, and drill down to the documents and sources itself.
Predictive Analysis: Use Forecasting strategies within your Dashboards to predict future and seasonal trends based on your historical data.
SAP Business One is the future of digital transformation, and it acts as a digital hub in the global digital revolution helping businesses to adapt the latest technology to their benefit. It is a digital transformation platform that helps in integrating applications and devices, IoT sensors and equipment, mobile applications, e-commerce and social media, chatbots and digital assistants.