It is granted that the disruptions of the past several months while hitting all businesses like has been especially brutal for the mid market player.
The present is a curious and opportune moment to be an SME. It is granted that the disruptions of the past several months while hitting all businesses alike has been particularly brutal for the mid-market players. But it has also mainstreamed the Digital like never before, leveling the playing field and nudging the SMEs to reclaim their rightful position as the cornerstone of the economies worldwide.
Nevertheless, the New Economy is characterized by an imperative to drive non-linear growth, stringent compliance, demand for optimized time-to-market with quality, and a customer base that is increasingly aspirational and visibly impatient. Arguably, these are factors that small and medium businesses operating on conservative enterprise management practices or legacy ERP stacks may find quite overwhelming to deal with.
A future-ready ERP
Throwback to 2007, the product planners at SAP predicted a growing appetite for cloud-borne services across industries. They also perceived a wide capability gap between low-end systems like SAP BusinessOne, targeted at small firms, and high-end systems like SAP ECC, designed for large enterprises. In response, SAP Business ByDesign ERP was launched to address the unique requirements of the mid-market segment in a cloud-first world and help them operate profitably in closely contested landscapes.
SAP Business ByDesign ERP is a cloud suite-in-a-Box engineered around SAP's HANA in-memory database technology, facilitating fast, transparent, efficient, and organized governance. For SMEs, SAP Business ByDesign ERP integrates all core enterprise processes including Finance, HR, CRM, project management, and supply chain functions around an intelligent, cloud-native platform using pre-built processes, enabling them to compete without the cost and complexities of managing on-premise infrastructure.
Why should you embrace SAP Business ByDesign ERP?
Whether your organization have actually outgrown its current ERP installation or considering a proactive vertical migration, here are five compelling reasons why your enterprise transformation investments should not look beyond SAP Business ByDesign ERP:
The cloud advantage: Perhaps the most prominent feature of SAP Business ByDesign ERP is that while SAP BusinessOne and it's enterprise peers like SAP S/4HANA are available in both on-premise and cloud versions, it is an exclusively cloud-native product. It offers you the option to run your enterprise services on SAP's world-class shared cloud infrastructure or avail the advantages of the public cloud in a dedicated and highly secured environment, eliminating the need for on-premise installations and optimizing TCO in the process by scraping out significant capital outlays. Further, in contrast to recurring expenses often associated with other ERP products, SAP Business ByDesign ERP comes at a fixed installation price. It collapses Annual Maintenance and Version Upgrade costs into a per-user subscription, simplifying the operating cost predictions for running your ERP stack.
High scalability: SAP Business ByDesign ERP is a cloud ERP built for growth, supporting you from inception and throughout your journey along the maturity curve. It aims to bring postmodern enterprise management features for entities with a market cap of $500k to $1 billion through a SaaS model and cater to a user base of 7 – 9,000 employees per system. SAP Business ByDesign ERP is a modular product that supports a broad spectrum of enterprise functions, including Financials, CRM, Human Resources, Supply Chain Management, Project Management, Supplier Relationship Management, Compliance Management, and Executive Management. It can be scaled up or down as per your business requirements. Further, there are a series of solution extensions and industry-specific packages available to enhance your ERP stack's capability. In fact, currently, the product is backed by an ecosystem of 125+ software ISV partners with 2,600 add-on solutions. SAP Business ByDesign ERP is localized for 20 SAP delivered countries and is available in more than 12 languages.
In-built analytics: SAP Business ByDesign ERP has been conceived to facilitate insights-driven governance through embedded analytics and performance metrics, delivering real-time intelligence for your decision-makers. SAP Business ByDesign ERP serves a panoramic view of your operations, helping you understand the root cause of issues, key business trends, success drivers, and critical situation estimates by assimilating data streams from various enterprise processes. Your managers and process owners can consume such insights on demand through a series of role-based dashboards, ad-hoc reporting tools, and analytics embedded into the transactional environments.
Improved customer relations: The account and activity management functionalities in SAP Business ByDesign ERP ensure optimum visibility into your Order To Cash cycles. It allows your sales teams to closely manage the opportunity pipelines, orchestrate leads along the funnel, pinpoint revenue augmentation potentials, provide quotes, and process fulfillment without lag. As a single source of truth, the out-of-the-box CRM functionalities in SAP Business ByDesign ERP allow your customer-facing staff to access critical information and better navigate customer transitions. With unrestricted access to data from multiple sources like sales, logistics, finance, and marketing, SAP Business ByDesign ERP allows your customer success teams to inspire buyer delight and improve the CSAT score.
Mobility: SAP Business ByDesign ERP features complete mobile compatibility and can be accessed on a hand-held device of your choice. It helps achieve better shop floor to top floor cohesion and allows your on-field employees with active internet connectivity to be productive by remotely accessing the ERP stack for various roles.
Final notes
That SAP Business ByDesign is currently trusted and used by mid-market organizations in over 144 countries worldwide speaks at length about its capabilities and relevance in the New Economy. However, rather than joining the bandwagon, the decision to make SAP Business ByDesign your ERP solution should be an informed and deliberate one with clear visibility of the advantages that can be derived. For this, SAP Business ByDesign Partners like Percipere are available with a rich trove of skills and deep solution implementation experience. Instead of leaving success to chances, it is prudent to approach such experts and let an SAP Business ByDesign Consultant guide you through the transition.
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