ByDesign
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Hey – What Happened to the SME Campus at SAPPHIRE NOW?Visitors to SAPPHIRE NOW from Orlando will notice something’s changed about the show floor, compared with last year. There are more sessions, more exhibitors, more overall excitement. And it looks different. (more…)
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SAP Business One Moves to the Cloud
On March 6, 2012 SAP announced that its ERP solution aimed at small businesses, SAP Business One, will now also be offered as a Software as a Service (SaaS) or cloud solution as SAP Business One OnDemand. (more…)
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SAP Partner Steeb: What Midsize Companies Need MostWith nearly 80,000 small-to-midsize customers worldwide, SAP relies on our partners around the globe to service this fast-growing and important segment of our market. With cloud-based solutions like SAP Business ByDesign, that reliance is even greater. So I reached out to Hans-Peter Holz from SAP partner Steeb to get their view of what SMEs most need in today’s dynamic business climate.
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What SMEs Can Do to Streamline Customer BillingThis blog is part of my series on streamlining finance processes. I previously wrote about the procure-to-pay process (see link), specifically the supplier invoicing component, how it consumes a great deal of the accounting staff’s time and what companies can do about it. On the other side of the cash conversion cycle, the order-to-cash process, namely its more accounting ? focused component customer billing, is equally fraught with paper-based processes, time-consuming information checking and manual re-keying of data. However, the accounts receivable cycle is arguably more critical because of its impact on days sales outstanding (DSO), cash flow and liquidity. The reason is one of control. In the AP cycle, we have more control in that we can always delay vendor payments to stretch our cash. But since one company’s payable is another’s receivable, if a customer were to do that to us, we could experience a cash crunch. (more…)
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