SAP Business One, an ERP solution is best known for automating essential business functions like sales and opportunity, financials and purchasing, supply chain management, analytics, and business intelligence, project management and many more. This business management software has been specially designed for small and medium-sized organizations. It transforms the way you conduct your business by leveraging information in a way that maximizes efficiency, reaches potential customers and in-turn ensures profit and growth.
SAP Business One’s ability to acquire data at a single and centralized platform helps one in accessing critical information in real-time to make informed, quick, and best decisions for your enterprise. It also integrates all the key areas of your business to ensure a definite and clear insight into the various areas of your business.
When we talk about sales, we all know that it is an essential business aspect which also helps one in building relationships with clients that could last a lifetime. For that one needs to understand what are the demands of the customer and identify products that could be relevant to one’s needs. So, what is the role of SAP Business One in this? Right from making contact with a potential customer, to making a sale and after-sale support, SAP Business One provides tools that help to manage the entire sale process in a seamless and efficient manner.
SAP Business One, with its features, can help one convert a potential customer, increase sales and profitability, and ensure the satisfaction of the customer needs. This helps one in comprehending and meeting the needs of a buyer in a better manner. It’s tools also help one in expanding their customer base and ensure retention through customer satisfaction, by helping one manage their sales pipeline and reports accurately.
SAP Business One’s ability to give a comprehensive analysis of various sales opportunities and the accuracy of sales forecast made using it is what makes it so popular among SMEs.
The objective for SAP Business One 10.0 will be around the ease of using the platform, its cost-effectiveness, and the ability to operate on the cloud. It will help in the growth of it’s customers and partners via its improved extension management systems and the process of importing/exporting SAP HANA schemas.
How SAP Business One can help you in Increasing your Sales:
SAP Business One helps you in making your customer the center of the entire sales process. It starts with analysing the needs and preferences of a customer, their purchasing pattern, and creates a centralized report for providing a better understanding for the sales representative. It essentially creates a full view of the customer by storing all essential data in one place and managing the various contacts stored in one’s Microsoft Outlook account. This in turn helps in converting a potential opportunity into sales.
Developing potential opportunities:
Using SAP Business One, your sales team is able to devise and enter potential opportunities and constantly add information around the volume of the sales, the stage of conversion and the estimated closing dates. This ERP software takes this information and helps the sales team in understanding which lead has the highest potential and thus information and critical details regarding that particular need are generated to help the sales team in creating a better pitch.
Inventory linked directly to sales:
In order to ensure smooth delivery of services, SAP Business One automates and streamlines one’s sales order process by linking sales to inventory. This helps the business in conducting quick availability checks and have real-time access to the inventory to ensure that the customer needs can be met with before committing to one.
Management of the marketing campaign:
SAP Business One helps a business in creating a campaign list with the customer base available and the leads that have been created. Thus, it does not only create a marketing campaign, but it also tracks and makes regular updates to it. This campaign is essentially used for sending emails and newsletters to the target audience.
Management of the sales pipeline:
SAP Business One allows a business to seamlessly manage its entire pipeline activity and in turn achieve the expected growth. They do so by precisely defining the various sales processes as well as proving training to the various sales representatives on how a sales pipeline can be used to one’s advantage. It also helps small businesses in reaching their target accurately forecasting potential sales opportunities.
Management of after-sale services:
SAP Business One comes with elemental Customer Relationship Management functions and features as a part of its application. This allows your team to effectively handle after-sales support as well as warranty and service contracts. It also ensures a quick response to all support related calls and queries.
SAP Business One, if leveraged correctly can ensure hassle-free management of all your sales activities which varies from making sales forecast to the conversion of a lead as well as proving after-sale services by providing a detailed analysis of every opportunity. We hope this blog was helpful. Let us know your feedback in the comment section below. Stay Safe!
About APPSeCONNECT (Integration Platform as a Service):
Now, you can easily integrate your SAP Business One ERP with Ecommerce store / Marketplace / CRM / POS System to automate the business process!