SAP Business One - Making Timely, Data-Driven Decisions: Product Demo

Find out how to use SAP Business One software to make timely, data-driven decisions. Gain up-to-date visibility of accurate data across financials, operations, product lines, and customers orders.

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http://www.sap.com/demos/mmov/demos/sap-business-one-making-timely-data-driven-decisions-demo-us.mp4
- The world is ripe with business opportunities,
- but how do you know which ones are right for your business.
- With access to accurate timely data,
- you are in a good position to make informed decisions that can affect the success of your business.
- That’s where the SAP Business One Application comes in.
- Let’s say, you are the owner of a small electronics firm and you are thinking of expanding.
- See what happens when you can base your decisions on timely up-to-date information.
- With visibility into your company’s financial performance,
- insight into how much business is driven by your product lines and customers
- and accurate date across operations.
- Choose a topic to learn more.
- One way to check on the health of you business is to make sure your financials are in order.
- Let’s say, you want to expand your business.
- Checking the state of your company’s financials is the place to start.
- First, you review your cash flow including projected transactions in SAP Business One.
- Click OK.
- Here you can see an overview of cash flow for the last two months,
- including incoming and outgoing business.
- The balance shows that your company owes a considerable amount of money
- and you want to investigate that further.
- In particular, you want to find out more about the expenses listed for March 30th.
- Click the caret next to March 30th.
- You see that more than two hundred and sixty six thousand
- dollars is due to a company called Chicago Express.
- You can also see a detailed view of the postings
- and drill down to the transactional level.
- With SAP Business One, you can easily drill down to see additional detail.
- To learn more about this expense, click the yellow arrow at the left.
- Here in the invoice you can see that your company still needs to pay for the six items listed.
- With SAP Business One,
- you get a quick, accurate look at your financial standing whenever you need it.
- In this example, you want to see what’s driving your revenue.
- SAP Business One gives you a Sales Analysis dashboard,
- where you can get an overview of your sales performance
- and what’s driving it in a concise, easy to view snapshot
- so you can make better decisions.
- Here, you see that just one customer, CP, accounts for most of your business
- and this customer buys only two of your products.
- That means you may carry a lot of products that are not moving,
- resulting in excess inventory.
- But which products are they?
- And why aren’t they selling?
- To see more, click on ‘Inactive items’.
- You can search by date,
- item number and item group number to get a more detailed analysis.
- To search from the beginning of the year, click OK.
- On the inactive items list, you see several products with high inventory quantities,
- so you decide to look more closely at the sales of the motherboard, P4 turbo.
- Pulling a report will help to determine if sales of the product justify these inventory levels?
- To see the sales for the past 5 years, enter the date, and then click OK.
- At a glance,
- you see that there has been only one sale of this product in the past two years,
- and the last few orders were returned.
- Now you are wondering, whether or not you should continue selling this product.
- You make a note to have a discussion with Brad Thompson and Bill Levine,
- your key sales people to see if they have any objections before you make your final decision.
- With SAP Business One,
- you can go from checking an inventory to looking at sales data in just a few clicks.
- In this example,
- you want to take a closer look at sales to see if they can support business expansion.
- You want to analyze annual sales by invoice and get
- more information by drilling down by item number.
- Click OK.
- This detailed report tells you,
- which products are committed, in stock, on order or available for future sales.
- The reports you have seen indicate that the
- current revenue stream does not support expansion,
- and you decide that this is not the time to expand.
- To keep a record of the factors that influence your decision
- you can drag and drop the relevant screens into one single view.
- With SAP Business One,
- you can also create customized dashboards with this information, to help you make quick,
- data-driven decisions in the future.
- Based on your roll,
- you can see all the information you need
- to make the right informed decisions for your business,
- customized and in real-time.
- Before deciding to expand your business,
- you want to check on your company’s financials in SAP Business One.
- Here you can see an overview of cash flow for the past two months.
- The balance shows that your company owes a considerable amount of money.
- You want to find out more about the expense shown for March 30th.
- You see that your company owes more than
- two hundred and sixty six thousand dollars to a vendor called Chicago Express.
- Now you want to check the strength of your customer base.
- You see that one customer, CP, drives most of your business
- and that this customer buys only two of your products.
- You want to take a look at inventory that has not been moving since the beginning of the year.
- Wondering if there is a larger problem,
- you decide to drill into historic sales of one of the inactive products.
- Now you can see a detailed accounting of sales of this item,
- who sold it, when it was sold, any returned items and quantities.
- With this information you can determine whether or not to continue selling this item.
- Finally you want to analyze annual sales by invoice.
- The report tells you, which products are committed,
- in stock, on order or available for future sales.
- The reports you have seen indicate that the current
- revenue stream does not support expansion,
- so you decide that this is not the time to expand.
- You want to save your research,
- so you drag and drop the relevant screens into one single view.
- With SAP Business One,
- you can perform quick accurate analysis to help you make critical business decisions.
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