How to Select the Best SAP Business One Implementation Partner
There is no doubt that small businesses are key to the world economy. In fact, some people have described small businesses as the heroes of modern capitalism. According to the World Bank, over 50% of all formal jobs in the world are created by small and medium sized businesses.
Small businesses are very innovative in the challenges they tackle. These businesses mostly tackle challenging problems that lead to better living in the world. However, the truth is that surviving as a small business is not easy. Many of these businesses are blown out of the water every day because they cannot keep up with the development and trends in their industry.
The advent of the digital age means that for small businesses to stay alive and add value to the economy they must have solid digital footprints. The good thing is that many businesses are beginning to realize this. A survey conducted by Accenture revealed that over 82% of business executives believe that the digital age is critical in ensuring a limitless capability and a shift of paradigms. Knowing you need to go digital is not the problem, the crux of this matter is in the adoption of the right digital tool and strategy for your business.
One innovative tool that has made many small businesses stand out overtime is the SAP Business One. This technological platform offers cutting edge and advanced solutions to small businesses, helping them grow and stay on top of their industry. A critical part of using this solution is in the selection of an SAP Business One implementation partner. Selecting the wrong partner could prove costly to your business.
How to Select the Best SAP Business One Implementation Partner
Small businesses are aware of this and we are here to ease their worries by providing a guide to help in the selection of the best SAP Business One implementation partner for a business.
SAP Business One
SAP Business One Cloud is cloud-based ERP at its best – making it easier and more affordable to manage all your critical business processes. SAP Business One, version for SAP HANA delivers the integrated financial, CRM, and supply chain features you’d expect in an ERP application – supercharged with in-memory technology.SAP Business One analytics powered by SAP HANA helps you drive informed decision making across your company with affordable analytics fueled by our market-leading in-memory platform, SAP HANA.
You may like to read: Top SAP Business One Consulting Partners
What are SAP Business One Solutions?
What are SAP Business One Solutions
- Financial Management: The first thing you want to do as a small business is to take total control of your finances. SAP Business One helps you achieve this by offering advanced financial management solutions. Everything from accounting to financial report and analysis, all the way to banking and reconciliation can be well catered for by SAP Business One.
- Sales and Customer Management: The customer is the most important part of any business, particularly small ones. You also need to sell your product to your customers as well as manage them. SAP Business One provides a solution that does both these simultaneous and effectively. If you are looking to generate and manage leads, or run marketing campaigns, SAP Business One will help with this. Other capabilities include service management, sales team mobilization, and so on.
- Purchasing and Inventory Control: As a small business, you do not want to keep excess inventory and you also do not want to keep too little that you incur shortage costs. SAP Business One understands this all too well and helps you with procurement, supplier management, warehouse and account integration, total inventory control and so on. With SAP Business One, you can be sure to manage your purchases and inventory optimally.
- Business Intelligence: It is never too early to incorporate business intelligence in a company. SAP Business One helps you understand your business and customers completely. New areas of opportunities will be unlocked with the use of this innovative platform. For everything business intelligence, SAP Business One is the best for small businesses.
- Analytics and Reporting: As a small business, you often need to perform analytics and present findings. This is especially true if you have investors who need regular updates about your business. SAP Business One helps you achieve this by providing accurate and advanced analytics tools. Also, the findings from these tools can be well reported with powerful visualizations that will drive your point home.
You may like to read: Top SAP Business One Consulting Partners
How to Select the Right SAP Business One Implementation Partner?
As stated earlier, this is the most critical part of using the SAP Business One solution for your small business. Selecting the wrong partner for your business can cost you dearly both in the short and long term. Your whole aim of implementing the SAP Business One solution can backfire if you do not select the right partner for your business. We will reveal some factors that have been expertly curated. These factors will help guide your selection of an SAP Business One partner for your business. If you follow this guide carefully, then you will be well positioned to reap the full benefits that SAP Business One has to offer your small business.
How to Select the Right SAP Business One Implementation Partner
- Industry expertise: The last thing you want for your small business is an SAP Business One implementation partner that does not understand your industry. The right partner for you would typically be the one that knows the ins and outs of your industry. This means they would be well positioned to help you succeed and move up your industry. Every small business wants to grow to be an industry giant. The best way to harness SAP Business One in doing this is by selecting an implementation partner that understands your industry well enough to help you achieve this.
- Solution Expertise: This is a very important solution for small businesses to consider when they want to select an SAP Business One implementation partner. Whatever solution you are looking to implement, it is essential that the partner you are looking to select understands it completely. If you are looking to implement a financial management solution, for instance, it pays to look for an SAP Business One implementation partner that is specialized and has expertise in implementing financial management solution. Solution expertise will ensure that your SAP Business One implementation partner provides the latest, secure and robust technology solution for your small business.
- Assessment and migration toolset: The perfect SAP Business One implementation partner for a small business will be one that can properly assess and understand where you are as a business before implementing a solution. You have to discern where you are as a business and what you need to grow before implementing the SAP Business One. A good partner can help you with this and provide relevant advice where necessary. Also, as a small business, you do not want downtimes as your customers are just starting to trust you. Hence, you need to select a partner that has a solid migration toolset. This will ensure a seamless and hitch free migration to the SAP Business one platform.
- Proprietary methodologies: This is one selection criteria that focuses especially on small sized businesses. You definitely do not want generic methodologies that are used by any size of business and every type of business. This is why it is important you select an SAP Business One implementation partner that has proprietary methodologies. The best part about this is that these methodologies can be tweaked and customized to suit your business, helping you harness its full potential. This way, you are sure of a solution that serves your specific business size and purpose.
- Breadth of global experience, presence and resources: Ultimately, every small business aims to grow into and industry giant and spread across the globe. This is why it is important to select an SAP Business One implementation partner that can be with you all through this journey. Hence the selection of a partner that has global experience, presence, as well as resources should be considered in the quest for one. Such a partner will have strategic partnerships that can help your business succeed across different geographical locations. They would also be able to better maintain and manage your solution given their widespread presence.
- Program Management: The right SAP Business One implementation partner should be able to manage the implementation program for small businesses.
- Cultural fit: As a small business, you are looking to build a company culture as soon as possible. This is essential in attracting talent to work for your business. Hence, you should be looking to select an SAP Business One implementation partner that has staff that would fit well into your culture. This is because your staff will be working with the partner for a long time, so you might as well consider them one of yours.
- Total Cost of Implementation: Cost is important to every business, particularly small ones. The last thing you want is burning cash when you are still growing as a business. This is why you should consider the total cost of implementation proposed by various SAP Business One implementation partners. A common mistake is to look at the hourly cost only. This should be avoided at all cost as it is best to look at the overall cost of implementation.
- References from Similar Clients: It makes sense to look at SAP Business One implementation partners that have performed similar implementations or projects for similar small businesses. This guarantees some sort of successful track record on the part of the SAP Business One implementation partner. You should ask for references from similar small businesses that have implemented the SAP Business One solution.
You may like to read: Top SAP Business One Consulting Partners
You may like to read: Top SAP Business One Consulting Partners
What is SAP Business One?
SAP Business One Cloud is cloud-based ERP at its best – making it easier and more affordable to manage all your critical business processes. SAP Business One, version for SAP HANA delivers the integrated financial, CRM, and supply chain features you’d expect in an ERP application – supercharged with in-memory technology.
What are SAP Business One Software?
SAP Business One provides Financial Management, Sales and Customer Management, Purchasing and Inventory Control, Business Intelligence, and Analytics and Reporting.
How to Select the Right SAP Business One Implementation Partner?
The following factors will help guide your selection of an SAP Business One partner for your business. These factors are Industry expertise, Solution Expertise, Assessment and migration toolset, Proprietary methodologies, Breadth of global experience, presence and resources, Program Management, Cultural fit, Total Cost of Implementation and References from Similar Clients.
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