ERP Helps You Close the Books Faster

December 6, 2010

How much time does your company invest in closing the books for the quarter or year? Timing is always tight, it seems, and the work mounts quickly. Team members are diverted from other tasks to help with the close. As a result, risk can enter your organization. Manual efforts, especially when employees are rushed, leads to error, and error leads to future costs—not to mention the prospect of damaged relationships with financial stakeholders. Automate the close, and your company not only mitigates this risk, but it prevents the need to disrupt other operations and projects.

Automating the financial close saves time. Systems use repeatable processes and the data already resident in them to streamline this important accounting task. For small and mid-sized companies, however, automation hasn’t been accessible, because the traditional perception of ERP solutions is that the necessary investment is too high. With SAP ERP solutions, this is no longer the case: you can implement the capabilities you need to manage your company effectively and facilitate the financial close.

SAP ERP solutions are designed specifically to meet the needs of companies like yours, delivering on an appropriate scale the features that small and mid-sized businesses can use to compete more effectively. Automated finance and accounting features also reduce the risk of manual error, as hurried employees are no longer in a position to make costly mistakes.

The stakes are high at every close, and you don’t need unnecessary risk. Use SAP ERP solutions to streamline this operation, and manual errors become much less likely. With this ERP solution, you can protect your budget and your key financial relationships.


Solve the Problem of Unenforced Policies with ERP

October 28, 2010

People say that “rules are made to be broken” for a reason. When there’s an easier way to get things done, or policies don’t seem to make sense, there’s certainly a temptation to bypass them and do what seems “right.” Yet, rules exist for a reason—as is the case with your company’s policies. Policies have to be enforced, but without automated support, this can be an uneven effort. Violations will be missed, and they can have significant consequences. Use SAP Business One to implement business processes that come with a built-in governance framework. By limiting employee access and options to what is available in the ERP solution, you can protect your business from impropriety and risk.

Policies don’t accomplish much without an enforcement mechanism. You need to monitor system use and employee activity to ensure that they comply with the guidelines your organization has put in place. The process is time-consuming, riddled with gaps, and delivers little return on your effort. Without an automated approach, policies inherently come with the “honor system” as an enforcement mechanism, which puts your company at the mercy of your staff.

Automated monitoring helps, but only to a certain extent. At best, you’ll identify attempted or actual violations, and sometimes the information will come too late. You can take action against an employee who disregards company policy, but you may also have to engage in remediation outside your business—with partners, customers, and the public as a whole. In the worst cases, this can be an expensive proposition, and the damage to your brand can be enduring.

The solution is to fuse policy and control, preventing violations rather than simply remedying what has already occurred. A robust ERP solution will contain the features you need to implement a reliable governance framework that aligns with your business processes, protects your data, and prevents damage to your reputation and brand.

SAP Business One allows you to define automated business processes that align with how your company operates. As a result, you can determine how a task is to be completed and make it difficult for employees to deviate. You’ll gain operational consistency and data integrity through the course of mitigating operational risk. Rather than simply write and publish a policy, you can create a process that includes a mechanism for preventing the activity that could cause lasting damage to your business.

The best way to make sure your employees follow the rules is to make it the only option. Make your policies part of standard operating procedure through the business processes in SAP Business One, and you’ll gain ROI not just from a better solution, but also through risk management.

Click HERE for more information on the SAP Business One ERP system.


Four Ways to Take Control of Your Inventory

October 13, 2010

To succeed in today’s competitive marketplace, you need to be ready for anything. Your customers’ needs are shifting, and other companies are always looking for new ways to take some of your market share. Meanwhile, you need to balance the pursuit of new market opportunities with managing your costs, invariably resulting in the need to “do more with less.”

Track and manage your inventory effectively, and you’ll be able to eliminate waste from your operation and become more agile in the marketplace. Streamline the financial and logistical aspects of your inventory management processes, and you’ll free up capital while gaining new flexibility to compete more effectively.

Here are four ways you can use SAP Business One to take control of your inventory to drive profitable growth:

  1. Forecast supply and demand effectively: this often involves a precarious balancing act, as too many materials on hand can tie up cash, while too few cause delays and interruptions. Use SAP Business One to find the right levels, ensuring that your capital remains available without disruption to your operations.
  2. Stay connected with every aspect of your business: your business is not a collection of unrelated departments—it’s an integrated whole. So, it makes sense to treat it (and view it) that way. SAP Business One collects data from across your company, delivering an accurate picture of your production and supply chain. You’ll get a complete understanding of how your business runs.
  3. Use software that aligns with your processes: there’s no substitute for software that works the way you do. Instead of changing your processes to fit your ERP solution, implement a solution that is flexible enough to fit your company. Your ERP solution should not force you to your operations.
  4. Streamline and optimize your inventory: use the insights in SAP Business One to understand future demand, improve inventory control, and maximize warehouse space. You’ll also be able to reduce procurement costs to make smarter purchasing decisions based on pricing and available discounts. With SAP Business One, you’ll extend the impact of your capital.

Think SAP is out of reach? Think again.

September 28, 2010

Think SAP is out of reach? Think again.

When you’re choosing solutions to help you sustain and grow your business, you want to make your decisions on facts, not fiction.

Think that SAP is only for big business? The facts prove otherwise.

Think that SAP is much more than you need? Thousands of small and mid-sized businesses around the world would disagree.

If you aren’t aware of SAP’s track record helping smaller businesses flourish, it’s time to learn the facts – and see why SAP solutions are flexible enough to be a perfect fit for any size of business.

Think SAP is too big? Think again.

While SAP has built a strong reputation for its large business solutions and customer base, the majority of customers are actually small and midsize enterprises (SMEs). In fact, 77% of SAP’s 95,000 customers are SMEs -nearly half of which have fewer than one hundred employees.

So why are SME companies turning to SAP in ever-growing numbers?

Because SAP solutions are proven, powerful and affordable for businesses of all shapes and sizes. With a portfolio of solutions specifically designed for SMEs, there is a solution designed to fit every size of company – including (most importantly) yours. Choose from business management and business intelligence solutions sized for small business – or SAP® Business ByDesign™ if you’re looking for an on demand solution – or SAP® Business All-in-One if you need industry-specific functionality. Whatever your needs, SAP has you covered.

The fact is, smaller companies need software as much as their larger counterparts – because they face exactly the same pressures. Clients don’t vary their standards according to a supplier’s size. Regulators demand compliance from small and large firms alike. To compete, SMEs need the powerful software accessed by their large competitors – but they need it at a fraction of the cost and complexity.

That’s why SAP distilled the learning gained from serving larger customers – and developed practical, easy-to-use solutions sized specifically for SMEs. And because every SME customer is unique – from start-ups to established midsize businesses – SAP developed a portfolio-based approach to the market, allowing companies to choose from a full range of solutions and select the option that fits their individual business needs.

Think SAP is too expensive? Think again.

Because small and midsize businesses need all the software advantages previously only available to large enterprises, SAP made sure that its solutions are priced well within SME customers’ reach. Pricing models vary by solution – giving customers a range of payment options.

For example, on premise business intelligence (BI) solutions start at just a few thousand dollars, and you can get an on-demand personal license for free. And to make the SAP Business All-in-One fast start program more accessible, subscription-based pricing has recently been introduced — with a flat monthly fee that allows companies to circumvent up-front payments and maintain a financial edge.

SAP Business ByDesign is offered on an on-demand basis, with no significant IT investment. Priced at just US$149 per user per month, the cost for a company with twenty-five users is less than US$50,000 per year — well under the salary of an IT manager. SAP experts upgrade, manage and maintain business solutions from hosted data centers worldwide – and with built-in service and support, training costs are kept to a minimum.

Whichever software solution you choose, SAP offers budget-friendly options – with a focus on fast return on investment.

Think SAP is too complicated? Think again.

Lengthy and laborious software deployments can be daunting, but thanks to recent technological advancements, SAP solutions are easier than ever to deploy and maintain. The software is more compatible with other applications, and due to increased interface standardization, less customization is required. As a result, the deployment of SAP’s SME solutions is streamlined – often up and running in a matter of weeks or even days.

The award-winning SAP Business All-in-One fast-start program is one way to simplify and accelerate deployment. For this program we’ve developed innovations with select hardware partners so you can get a joint hardware and software solution implemented in as few as 8 to 12 weeks. Manufacturing companies, for example, have used this program to get their SAP ERP software up and running in just four weeks. To make it even more simple and affordable, select partners offer a subscription-based hosting option.

SAP Business One, which is designed specifically for small businesses, can be deployed affordably in as little as two weeks. Its intuitive interface and vast configurability minimize IT complexities for implementation and ongoing maintenance. To further simplify its deployment, SAP has also created an accelerated implementation methodology in conjunction with our partners, which provides a structured framework for a seamless integration into customers’ existing setup.

SAP has also made it easy for users to get the most out of their solutions. Here are a few examples:

  • Templates and best practices are built directly into the software, giving SME’s a major head start.
  • SAP software has also been pre-configured for customers in different industries, so customers have access to industry-specific processes from day one.
  • For companies using SAP Business All-in-One, along with Oracle E-Business Suite, PeopleSoft Enterprise and Seibel, we provide prebuilt data integration, database schemas, semantic layers, reports and dashboards that reduce deployment times from months to weeks – for more advanced ad-hoc query and data exploration functionality.

And that’s not all. SAP software has an intuitive user interface that makes usage simple – and in the case of SAP Business ByDesign, includes built-in user tutorials that make the software even easier to learn to use.

SAP Has You Covered

Helping businesses like yours for over 38 years across 25 industries, SAP has solutions that fit every business need – so you really can get what you need. And as an extra bonus, SAP has 10,000 partners around the world that are also there to help.

Small and midsize companies are turning to SAP solutions to the tune of about thirty-five new customers a day, effectively tripling SAP’s SME customer base over the past three years.

Click to find out more about SAP Business One and SAP All-in-One.


Develop Executable Strategic Plans with Real Information

September 14, 2010

How does your strategic planning process work? Do you have employees from all over your company dig for information, and leave the task to a few to pull it all into integrated reports … after having “massaged” the data thoroughly? This isn’t unusual. Without a single source for the basic information about your business, strategic planning becomes a costly, time-consuming affair that is riddled with inaccuracy and preventable error.

Every gap in your data presents risk that could take months to realize, long after you’ve committed your entire company to a specific direction. Without an integrated view of your company’s data that is reliable and easy to mine, your strategic planning process is destined to fall short of its full potential. Data makes the difference, and an ERP system for smaller and mid-sized businesses can provide what you need to develop strategic plans that can e executed and measured.

The value of an ERP solution in the strategic planning process is profound. Up front, a system like SAP Business One provides the fodder necessary to understand company performance, identify areas and procedures that can be improved, and provide a baseline for future ROI measurements. During and after execution, you can use SAP Business One (or other robust ERP solution) to gauge the effectiveness of your strategy, from existing account penetration to the performance of newly introduced products.

The metrics available will explain where your strategy has succeeded – and where changes may be necessary. In the end, you will be able to turn strategy execution into a dynamic undertaking, in which you can make adjustments on the fly based on the data you collect about its performance.

The ability to execute your strategic plan depends in part on the objectives and action items you set and in part on the quality of the information you use to determine the direction you want to pursue. Your ERP solution can mean the difference between having a strategy that is a loose guide and having one that is optimized for measurable results. Put your data to work, and you will gain an edge in an increasingly competitive marketplace.


Top 10 Reasons To Choose SAP Business One

April 19, 2010

1. COMPLETE SMALL-BUSINESS ESSENTIALS IN A SINGLE SYSTEM
The SAP Business One application seamlessly integrates the entire business across financials, sales, customer relationships, and operations in one system, eliminating duplicate entries and errors.

2. FUNCTIONALITY THAT HELPS YOU KEEP YOUR CUSTOMERS CLOSE
Small businesses like yours can rely on SAP Business One to quickly track and access all customer contacts, records, and history to respond to customer needs faster and better than the competition.

3. ACCESS TO INSTANT INFORMATION FOR IMMEDIATE ACTION
SAP Business One keeps all business information in one place for instant access and drill down, enabling you to respond quickly to changing business needs.

4. APPLICATION DESIGNED SPECIFICALLY FOR SMALL BUSINESSES
Designed from the ground up, SAP Business One is an affordable, awarding-winning product that is quick to install, easy to use, and simple to maintain.

5. DECADES OF PROVEN EXPERIENCE
With SAP Business One, SAP brings decades of proven experience in serving leading companies worldwide to small businesses like yours to help you achieve better results.

6. ABILITY TO GROW WITH YOUR BUSINESS
As your business grows, SAP Business One can be flexibly configured to match your evolving business needs today and tomorrow.

7. WIDE RANGE OF INDUSTRY-SPECIFIC PACKAGES
SAP Business One is tailored to your type of business by combining core small-business fundamentals and additional functionality specific to your industry.

8. LOCAL SUPPORT
SAP Business One is delivered and supported by certified local resellers that are knowledgeable about your business and responsive to your needs.

9. BACKING FROM THE PEOPLE AT SAP
SAP Business One is backed by SAP, the world’s leading business software provider.

10. SOFTWARE TRUSTED BY THOUSANDS OF SMALL BUSINESSES AROUND THE WORLD
SAP Business One is widely used and trusted by over 15,000 small businesses like yours around the world

Head over to our main site for more information regarding our SAP Business One software


SAP Business One Web Demo on March 24th – Sign up below!

February 25, 2010

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On March 24th, 2010 at 11:00AM EST VEITS Group will be hosting a free SAP Business One web demo.  Simply sign up below and you will be registered for the web demonstration.  The demo will be an excellent opportunity for you to view the ins and outs of SAP Business One.  We’ll take you through Accounting & Financials, Customer Relationship Management, Operations & Distribution, and Administration & Reporting.  A major reason we decided to partner with SAP was the affordability and predictability that SAP Business One lends to small- and medium-sized businesses.


Click HERE to Sign Up for the SAP Business One Web Demo!


Business Insights – “Plan Your Future with SAP Business One and Crystal Reports”

February 8, 2010

Plan Your Future with SAP Business One and Crystal Reports

You’ve worked hard to get your business where it is today. Now for the big question: where do you want to go next?

Blazing a trail to tomorrow means knowing exactly where your business is today – down to the last detail – and making adjustments to your processes based on changing conditions. The SAP® Business One application can help by improving visibility across the board. Together with fully integrated Crystal Reports® software, it can give you a 360-degree view of your business, from the big picture to the smallest data point.

SAP Business One and Crystal Reports
It all begins with SAP Business One. This comprehensive, easy-to-use business application can help you integrate data from across all aspects of your business, including sales, financials, human resources, and production. You’ll be able to streamline your processes and workflow, implement standards and controls, and – perhaps most importantly – align your resources with your goals.

Crystal Reports takes all the data coming from SAP Business One and helps you interpret it. You can create reports and dashboards with minimal involvement from IT, quickly getting a clear picture of the data you need to meet your business challenges. You can export reports into a variety of familiar formats and distribute them via e-mail and fax, or post them securely to crystalreports.com so that you and your employees can access them from practically anywhere.

The power of visualization
By using SAP Business One and Crystal Reports together, you get a fuller, richer understanding of your business operations. With them, you can:

  • Easily monitor trends and variances – such as revenue, costs, and profitability – in real time
  • Better understand the factors causing market trends, from a product, regional, or customer level
  • Improve efficiency by identifying workflow and collaboration bottlenecks early on, helping your teams stay on track and work together
  • Increase productivity by determining best practices, which can then be incorporated into standard procedures
  • Quickly adapt to changing business conditions


You can also create scenarios to better capitalize on opportunities or resolve problems. For example, if sales are going up by 10%, what adjustments should you make to your inventory levels and manufacturing schedules? If fuel costs are going up by 10%, is it viable to invest in new vehicles? If days sales outstanding goes up by 10 days, will you need to access credit lines? And how will this affect your profitability?

SAP Business One and Crystal Reports can help you address these issues and many like them, giving you a wide range of benefits that come with improved visibility.

A clearer vision of tomorrow
To know exactly where your business is heading – and when to change course – you need current, accurate data. But you also need to analyze that data and share it with your entire team, clearly and efficiently.

SAP Business One, together with Crystal Reports, can give you all this and more. As you face the challenges of today, you’ll be armed with the information necessary to overcome them. And, as you plan for tomorrow, you’ll have visibility into the myriad of factors that can impact your operations, your products and services, and your customer base.

The above article was taken from our monthly SAP Business One Business Insights Newsletter. Simply CLICK HERE if you would like to begin receiving this complimentary industry newsletter.


SAP Business One Edition Pricing – VEITS Exclusive

May 22, 2009

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We understand that deciding on a new business system is major turning point for your company.  At VEITS Group we have tried to ease the process of selecting new business system software by prepackaging SAP Business One in to three unique “Editions” based on popular customer needs. 

The pricing options above is exclusive to VEITS Group and our prepackaged SAP Business One Editions – created specifically for companies like yours! The prepackaged editions available right now are the Standard Edition, Manufacturing Edition, and the Professional Services Edition.  We offer other available options for SAP Business One that may fit your special business needs as well.  All editions include price of system, implementation costs, and first year support & maintenance costs!

Click HERE for more information regarding our SAP Business One Editions.


SAP Small Business Resource Kit

May 7, 2009

We’ve finally had the opportunity to put together a nice resource kit designed exclusively for small businesses. If you’re thinking about implementing a new software system and want to make sure everything goes smoothly, first get our small business software resource kit.  You can also head over to the For Small Businesses Section on our website for more information on integrating SAP Business One with your Small Businesses.

The SAP Small Business Software Resource Kit includes;

  • VEITS Group SAP Brochure
  • Video Testimonial
  • Case Studies
  • ROI: What Does Return on a Business Management Software Investment Really Mean?
  • Common Timelines for Business Management Software Implementation
  • What to Expect to Spend on a Software Implementation
  • Top Five Reasons Software Implementation Projects Succeed
  • And more…

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