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Manage your Projects efficiently with SAP B1

SAP B1

Manage your Projects efficiently with SAP B1

05 July, 2023

Are you taking the required actions to ensure success for all of your projects? SAP Business One Project Management tool is here to help you succeed. Take complete control over your business with SAP B1 Enterprise Resource Planning software.

It has never been easier for companies in understanding, visualizing, and tracking projects. SAP B1 lends a helping hand to these companies. It offers many benefits for SMEs to cater to their businesses. It is comprehensive, affordable, easy to use, flexible software, and provides the best industry solutions according to the company’s needs, and much more. It helps you to manage key business areas with ease. The software covers financial management, sales, and customer management, controls inventory, business intelligence, analytics, reporting, etc.

SAP Business One: Project Management:

Project Management in SAP Business One has the capacity to help enterprises in planning, organizing, and managing resource tools and developing resource estimates. As the business grows, SAP business one provides the best add-ons to meet your growing business demands.

The SAP B1 software is a centralized ERP Solution that connects all the departments in an organization. The Project management team can tie up with the sales, finance, and HR departments to share important data which helps them in taking a collective decision. The entire project cycle can be managed with a single solution by using SAP B1 integrated technologies. Multiple projects, charts, and resources can all be handled effortlessly to uphold the company’s delivery promise. To accurately manage your projects, from proposals to invoicing, an organization has to go through the below 5 phases:

  • Project Planning: It allows you to overview the integrated processing of the project in graphics.              
  • Resource management: You can track all your project activities, tickets, timings, and expenses in a single project management solution.
  • Project Management: Here you can keep track of all the ongoing projects, and budget status quickly, which helps you to identify the issues before it takes a big place.
  • Project Accounting: Real-time reports and dashboard provides information on the project budgeting/expenses through which you can be easily tracked in the Project Accounting section.
  • Business Intelligence: Helps you keep an eye on your business operations and other individual projects to evade unhappy customers. 

What happens when you implement SAP B1 Project Management? 

SAP B1 Project Management tool gives complete visibility of your work and the account of the time taken to fulfil the task. It becomes stress-free for the companies to measure the exact hours of work against what they have already planned during the resource level. If the project is complex/large, the project manager has the freedom to chunk the project into mini-projects, which gives them a clear and transparent view. You can access the activity sheets and timesheets to check the employee’s work status. A lot of time can be saved as the timesheets are automatically connected to the completed tickets, hence increasing billing accuracy. Auto-billing can be enabled for all the ongoing projects to the customers. The organization can customize their project dashboards and you can enable and check the status of any project on your smartphone anytime, anywhere. This software

tool helps you to control costs and gain profits. With the help of business intelligence tools, you can make informed decisions in real time with better planning and project budgeting. Using Project Master Data, you can create, maintain, and deliver a project on time. The Gantt chart and the reports of your projects can easily be monitored.

Project management can be simple once you know how to handle SAP B1 software. Deliver more projects in less time and perfect budget with the SAP Business One Project Management tool. Stay ahead of your competitors with Softcore Solutions; an SAP B1 partner in Bangalore. We help you in developing business solutions to cater to different industry needs and stay ahead of the curve. Book a free demo with our technology experts