Are you a Growing business? It’s time to size up your Business Management Software

Businesses today, have grown beyond boundaries and deal with huge amounts of data that come from various channels. They have to handle a large operational force, manage complex supply chains, deal with multiple currencies, adhere to various regulatory bodies depending on the geographic location and manage customers from across the world. Is your business management software solution adding to your woes? The key to an efficient IT solution is to get a system that is easy to scale, caters to all your business requirements and most importantly stands the test of time. Unfortunately, solutions that got you to your current size may not be sufficient to power you through to the next level of growth. This is how SAP Business One can help you!

• The software presents you with a single accurate source for all the critical information in real-time that gives you a complete view of your business. You have all the critical information at your finger-tips.
• The CRM and eCommerce capabilities of the system keeps you informed across sales, financials and distribution.
• Generates workflow based alerts that trigger automatic responses for critical business events.
• The system can be easily scaled and adapted to suit every business niche and gives business owners the upper hand.
• Streamline your workflow by seamlessly integrating key business processes and recording accurate data eliminating any chance of discrepancy.

If supply chain management is a key factor to the success of your business the SAP Business One ERP solution is a sound investment. The system not only keeps you posted with all the necessary information, it makes it easier to make informed business decisions.

SAP Business One software helps you manage supply chain by:

• Optimizing production scheduling by taking into account the production data, warehousing necessities and the execution of quality assurance measures.
• Using the “Pull” strategy to balance material and capacity across extended supply networks.
• Employ supply chain visibility and sales forecast to guide and assign work for operators.
• Automates processes to remove errors and eliminate unwanted processes, thereby drastically reducing the cost of manufacture and logistics.
• Track and monitor inventory levels with contrast to customer purchase patterns.
• Facilitate better communication with vendors through electronic data sharing tools, thereby ensuring on time delivery.

In a recent article on supply chain sustainability, Patrick Burnson the executive editor for Logistics Management and Supply Chain Management Review magazines and mentioned that

“Supply chain management’s role in sustainability is becoming more key to strategic growth. The degree to which companies are in a position to respond to this call will to a great extent determine their future sustainability. Grappling with these issues will be the key challenge in the year ahead.”

He goes on to emphasize the importance of an efficient supply chain management system to boost the growth of your business. Take up the opportunity to give your business a complete management solution through the SAP Business One ERP solution.

Silver Touch globally has been a partner of SAP for over 5 years and has implemented over 90 solutions in 15+ industry verticals. Our services span across SAP Business One license procurement, implementation, installation, customization, training & support and integrating add-ons.

To leverage the most from SAP Business One and learn how your business can benefit from the technology, get in touch with our team. You can give us a ring at +44 – (0) 1277 364689 drop us an e-mail at info@silvertouchtech.co.uk

This article originally published at Silver Touch UK Blog here

Did you know that high-growth SMEs running ERPs have 11% lower operational costs?

Never before have the conditions been better for small and medium sized companies to grow. Not just the small, incremental growth — huge, unprecedented leaps forward. We are talking in terms of operational costs, better financial management, CRM and project management capabilities. Today, SMBs are found to generate vast amounts of business data and managing this data can be quite a challenge.

To take advantage of this opportunity, you’ll need access to technology that can simplify, manage, control and reduce risk. SAP Business One solutions help small and midsize businesses turn every data source into real business value — and more confident decisions. These affordable solutions are designed to work with your existing infrastructure and to scale with your business.

Here’s how we would implement the SAP based ERP to help you manage your business and focus on your goals.

Enhance visibility and collaboration across your business with data you can trust

Having the right kind of information at the right time can make all the difference between a well informed business decision and a hasty step. With the SAP Business One solution, we would be able to provide you with all the critical data across finance, customer operations and sales. All of this data would be made available company- wide in a single well integrated system eliminating any discrepancy. The system is designed to give you undivided visibility into the current status of your business and judge its performance.

Monitor, manage and improve financial performance in real time

The ERP provides you with a comprehensive set of tools that help manage and streamline your company’s financial operations. The system enables you to accurately manage cash flow, handle multicurrency transactions, track assets, monitor budgets and project costs. It also makes banking and reconciliation easy and quick. Effortlessly generate bank statements and manage payments through various channels – check, bank transfers and cash. The system automates every-day accounting tasks making it easy to maintain ledger, handle tax calculations, etc. Also, the tool helps create reports from real-time data to plan your business and audit reviews.

Drive sales and increase customer engagement at every channel

Customers are the core contributing factor to the success of any business. Today, companies identify Customer Relationship Management as one of their top priorities. A well integrated ERP system helps you handle the same in a systematic manner. Through SAP Business One solutions, we make managing the entire sales process and customer life cycle easy and efficient. The various tools enable you to track and manage sales opportunities right from the point of contact to closing. You can also create, analyze and manage marketing campaigns and asses its impact. The software stores all the customer data in one place and provides you with a dashboard to manage the same. You can also create detailed reports on the various aspects of sales such as pipeline tracking, sales forecasting and so on.

Innovate faster so you can get to the market faster

In order to make the most of your innovations, you should be able to get it to the markets before your competitors get there. For a business to come up with innovative solutions in their respective niche, they should be armed with all the necessary market research and data in a format that is easy to access and use. The SAP Business One Solution does exactly the same for you. It provides you with all the critical information across sales, finances, operations and customers integrated into one system enabling trouble-free access. The SAP Crystal reports software and SAP HANA empower the system to create robust Enterprise Resource Planning software that provides you with everything you need to catapult your business to greater heights.

Recent surveys show SAP to be ahead of the game with features like HANA that cater to niche functionality empowering businesses with a tool that fits like a glove. Hence, SAP Business One is the most comprehensive ERP tool to empower your business.

Silver Touch has been a partner with SAP for over 5 years and has to its credit over 90 solutions implemented across 15+ industry verticals. We know SAP Business one in and out and would be able to effortlessly integrate the system with your business model.

Call us at +44 – (0) 1277 364689 or drop us an e-mail at info@silvertouchtech.co.uk and our team would be happy to help you.

This article originally published at Silver Touch UK Blog here

10 Reasons why SAP Business One solutions is the best suited for SMEs

An efficient Enterprise Resource Planning (ERP) system is like the backbone to any business establishment. It helps regulate work flow, manage resources and handle your finances in the most optimum manner. As the name ERP suggests, the system was initially designed to manage large scale enterprises but with SAP Business one solutions it’s a different story. SAP has successfully recognized the potential of a well-oiled business management system and adapted it to suit the needs   of small and midsize enterprises. Here are ten reasons why SAP Business One is best suited for the job.

Leadership – SAP has a long standing name and recognition in the IT market as one of the leading software providers across multiple industry verticals. Gartner’s magic quadrant for single instance ERP for product-centric midmarket companies showed SAP to be a “Leader.” Statistics go on to show the huge amount of trust that SME customers have placed on SAP. There are more than 199,500 SAP SME customers and this number is still growing. Of the customers using SAP Business One solutions 80 percent clients employ less than 50 users. A glance at the global presence of SAP goes on to emphasize the extend of its success – 120 countries, 25 industries, 30+ languages, 75 country offices and over 13000 partners worldwide!

Choice – Not every business management system gives you choices to fit the way you conduct your business. With SAP you can get just that and much more. At Silvertouch technologies, we use SAP to deliver a complete and integrated system in the way you want it.  With SAP you can choose between a packaged and customized system for your establishment. You can also choose between perpetual licenses or go for a subscription. In terms of deployment you have the freedom to choose between hosted, on premises, on device or an on demand deployment. This extend of flexibility is not easy to come by.

Industry – This is one of the biggest concerns that SMEs have when it comes to choosing an ERP system to empower their business.SAP has a standing recognition for excellence across 25 major industry verticals. The system boasts of over 1300+ industry specific solutions delivered through co-innovation with partners and customers. It also has one of the most competent built-in best practice supports. In the words of Scott Baker, IT manager, OraSure Technologies “Without the out-of-the-box SAP Best Practices packages and templates for the medical device industry, we wouldn’t have been able to implement our solution so quickly with so little customization.”

Time to value – In today’s competent markets, time is money. SAP solutions focus on helping you start fast and reap the benefits in just weeks. SAP business one is affordable and gives you the best solutions that fulfill all your requirements.  “Our SAP software gave us an out-of-the-box solution that helped us accomplish our business goals at a cost that a start-up could afford.” – Coy Wright, VP of IT, Pacific Drilling Services Inc. Innovative packaging awards customers with best-practice templates, pre-integrated applications and preconfigured processes that enable clients to make the best use of their time and resources. In terms of fast to value SAP ERP can be implemented within 2-12 weeks depending on the complexity and help transfer Business Intelligence in 1 day to 8 weeks.

Insight – Being able to analyze and assess your business proceedings at every step is crucial to making informed decisions. The SAP analytics solutions sorts out all your spreadsheets, reports and databases making this information readily available and easy to understand. In short it provides you with the insight required to back sound business decisions. You would be able to monitor your business closely in a very cost-efficient manner giving you better controls and making it easier to manage your resources.

Innovation - Innovation is the key to sustenance in this highly competitive market. As a leader in Research and Development investment SAP has been in the helm of various software products that empower businesses today. SAP has been constantly inspiring and acquiring companies that deliver innovation thereby giving its clients the best solutions for their business requirements. Over the years it has been co-innovating various solutions and technologies with customers and partners making SAP solutions a comprehensive destination for all your IT needs. To be more specific, current drives focus on mobility, cloud computing, rapid-deployment, analytics, in-memory computing and big data.

Growth – There is a constant need for technology to grow with the changing times. SAP is extremely flexible and is designed to adapt to new challenges as your business grows. The ERP system is highly scalable and has been proven to support as little as 10 users and as large as 1000 users. The system has functionalities that can handle and process transactions ranging from a few hundreds to a million. SAP business one solutions provide plenty options for adding fresh functionalities facilitating businesses to grow internationally by supporting various operational models. It also provides you with flexible configuration options giving you the choice of buying what you want as you need them.

Local – SAP can be used even in remote locations facilitating business owners the freedom to work and operate beyond boundaries. SAP solutions can be designed to meet both local and global business requirements in over 80 countries. With versions in more than 30 languages and 50 country specific versions SAP solutions for small and midsize enterprises are equipped to provide localized solutions with a global presence.

Ecosystem – The SAP ecosystem is designed to give clients the benefit of various choices and maximum resources. With a SAP developer network community that boasts of 2,000,000 members, it can give you the benefit of a rich choice of innovative solutions across multiple market domains. Such an extensive network of partners and customers expands the range of services, products and problem solving capabilities.

Silver touch technologies has been a partner with SAP for over 5 years and have successfully implemented over 90 solutions. We have been able to creatively support our clients across 15 + industry verticals providing them with the latest in technology. We specialize in SAP Business One license procurement, implementation, installation, customization, training & support and integrating add-ons.

To learn more about SAP solutions and how it can transform your business give us a call at +44 – (0) 127-736-4689 or drop us an e-mail at info@silvertouchtech.co.uk

This article originally published at Silver Touch Blog here

Challenges Retailers are Facing into Days Omni-Channel World!

The approach to retail marketing is changing. Success now lies in reaching customers through various channels-whether through stores or through e-Commerce sites. As technology continues to touch every step of the customer journey, retailers are ensuring that their marketing strategies are geared towards enabling customers to convert on any channel. They have realised that a customer who buys from them in-store as well as online, is valuable! The 2015 study by IDC, shows these customers have a 30% higher lifetime value than those who purchase using only one channel.

With customers buying across multiple channels, a seamless, consistent shopping experience has become important; from the way each channel looks, to the technology used to power them. Customers expect every touch point across the shopping experience to be consistent and convenient. But there is a gap between customers’ expectations and retailers’ capabilities. Retailers face a number of challenges in creating a truly omni-channel environment, including technical challenges, organisational silos between channels, and poor operational execution. Below listed are some of the major challenges faced by retailers to becoming an integrated omni-channel company.

Read More : https://www.silvertouchtech.co.uk/blog/challenges-retailers-facing-days-omnichannel-world/

Business Management made Simpler with HANA for SAP Business One

SMEs face the problem of getting real-time access to their business information. They don’t have access to interactive reports that can help them and their employees operate in real-time to get updated data and accurate analysis. They are in need of a solution that can help them to make faster decisions and meet analytics needs of their business. SAP HANA caters to the requirements of SMEs, supporting real-time operations, smarter decision making, and better business results.

HANA for SAP Business One is an in-memory database and application platform that has been specifically designed to simplify the IT environment of SMEs. It combines database, application processing, and integration services on a single platform, providing libraries for predictive, planning, text processing, and business analytics. SAP HANA releases the intelligence in the business data and processes, allowing SMEs to accelerate critical decisions and innovate throughout their operations.

This article originally published at Silver Touch Tech Blog Here

Manage and Grow your Business with SAP Business One

Your small and midsized businesses have tremendous potential of growth. You have great ideas for your business and wish to respond promptly to the market demand. But there’s one point to ponder: Does your business solution support your growth or hampers it?

You may be using multiple applications to run your business, which will be failing to deliver its unified view. They make business executives spend more time on operations, rather than providing strategic insights for better decision-making. They also sometimes lead to duplication of work and managing multiple locations and currencies difficult.

This makes it essential for you to opt for a comprehensive and cost-efficient solution. SAP® Business One application has been designed to meet the growing needs of small and midsized businesses. It supports all the processes needed to run your operations, captures important information, stores critical business data and provides users, instant access, from anywhere and at anytime.

It is a complete business solution that can help you to manage all your functions like accounting, sales, CRM, operations, service, inventory, warehousing and more. You get better visibility and control and can run your end-to-end business processes smoothly. It also makes integration with your other systems easier and provides extensive flexibility for future growth and innovation. It is offered as “on-premise”, “on-demand” and also as a mobile app to help you get real-time insights and stay ahead of your competitors. It is highly scalable and helps you to expand, as your business grows.

This article originally published at Silver Touch Tech Blog Here

Bespoke Software Development: Offering Unique Solutions For Unique Requirements

Unlike prefabricated software, bespoke software is tailor-made software. Every organization comes with its different demands and various services. Providing the same software to every organization is not an ideal solution. Bespoke software development offers custom-made software right, according to requirements of the organization. It ensures that the organization will get a tool, which can actually meet its various demands. It helps organizations in registering quick growth by offering unique and better solutions. Many software development companies offer tailored software development services. The buyers discuss their demands and get solutions exact according to their needs.

Read more about Bespoke Software Development Solutions