Benefits of Analytics, Reporting & Finance Feature of SAP Business One
IIn this modern business environment, making quick and efficient decisions is of more importance. For this to happen, the management of the company needs to have real-time and up-to-date data handy that can help them in making quick decisions. SAP Business One is one such Enterprise Resource Planning (ERP) software that provides real-time status and data to the management that is accurate. Traditional accounting software like QuickBooks lacks these features and therefore the management of companies having these systems is at a serious disadvantage when it comes to the making of strategies and decisions.
- Some of the analytics features include:
- Analytics Designer: Now, you can create ad-hoc analysis from any of the data sources using a platform of your choice and embedded templates for the reports.
- Semantic Layer: Companies can access information using commonly used business terms and avoid creating complicated and time-consuming queries.
- Cockpits and Advanced Dashboards: Get real-time information and common functions, key performance indicators, and analysis in role-based cockpits.
2. Benefits of SAP Business One Analytics:
- Key Metrics and data from different sources can be used in a combined manner on a single dashboard through SAP Crystal Dashboard design which can optimize and enhance the monitoring of businesses.
- SAP Crystal Dashboard Design can transform corporate data into a visualization that is easy to understand and analyze so that the companies do not have to waste their valuable time in understanding the complex system.
- Predictive Modeling of SAP Crystal Dashboard Design’s dashboard gives insight into the business trends and helps in the strategic planning of the business.
- The dashboard can be connected to any type of outside data source which helps SMEs to get better results and analysis.
- SAP Crystal Dashboard Design helps in the improvement of workflow, connectivity of data, features of integration, flexibility of design, and options for customization.
SAP Fiori is an initiative from SAP to enhance user experience and give a faster response. It works on all the devices like mobiles, laptops, desktops, etc. It is role-based, and consumer-grade across all lines of business. It is fast as it is integrated and works on the HANA, also provides real-time data, and can be installed on both IOS and Android devices. The cloud version of SAP Fiori makes it much more cost-efficient and productive for small and medium enterprises (SMEs).
3. The types of Apps on SAP Fiori include:
- Transactional Apps
- Analytical Apps
- Fact Sheets
SoftCore Solutions is an SAP Business One Partner in Jaipur and has been in the ERP software sector for the last 20 years. We have helped numerous small and medium enterprises with the implementation of SAP Business One which is a world-class ERP software that helps in streamlining and integrating various processes and thereby improving the performance and profitability of the company.