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5 Reasons Why Startups In Chennai Need Sap Business One
Chennai is one of the fastest-growing startup hubs in India. These startups need a solid structure in place to manage and automate internal business processes. Their competitors - big and established businesses use expensive ERPs to connect each of their activities with one another. However, startups in Chennai can’t afford such expensive ERPs. This is where SAP Business One comes in. This ERP solution is specifically designed to sustain and scale the processes of small businesses and startups. There are several SAP Business One partners in Chennai. If you own or manage a startup, talk to these partners and give your business a breath of fresh air.
Here’s why your startup or small business deserves SAP Business One:
Compensate For the Lack of Manpower - With SAP Business One
Startups are often at a nascent stage in terms of adopting a structure - a process in their business. Many startups don’t have separate departments for sales, marketing, inventory, etc. The responsibility of managing sales, marketing, or inventory management tasks ...
... often overlap because of a lack of workforce. SAP Business One comes to the rescue in these cases. This ERP solution gives a structure to the processes. When you have a structure in place, your sales, marketing, and other tasks are demarcated. So, for example, you called customer A yesterday, but you don’t have time today to follow up. You can delegate this task to someone else - SAP Business One keeps logs of all the data. That person can carry on from where you left off.
Say Goodbye to Cash Flow Issues With SAP Business One
Where is my cash going? Why don’t I have enough liquidity? This is one of the major pain points of many startup owners. Cash flow issues can damage the financial health of a startup or small business. SAP Business One - among other SAP Solutions - offers a single window to help businesses keep track of their liquidity posture. The solution keeps track of all pending A/R and A/P invoices and due that by which you need to clear those pending payables. The system uses this data and gives startups a real-time overview of their cash flow.
Comply With Regulations Without Getting Frustrated
Startups often find it overwhelming to keep up with all the regulatory compliances. It becomes too hectic for a small team to follow strict standards. SAP Business One partners in Chennai can help here as well. This ERP solution brings structure to the processes. For example, a pharmaceutical company can use the SAP Business One MRP module and other SAP services to make sure that the quantity of raw materials and the production process remain the same during every production process. SAP Business One can also be used to map products with batch numbers and expiry dates.
Everything in the Cloud - No Expensive Hardware Needed
Traditional ERPs often needed expensive hardware for them to work properly. Most of the SAP Solutions, however, have cloud versions. B1 can also be hosted on servers managed by SAP Business Partners in Chennai. Startups can't afford expensive hardware during their growth phase. On top of that, companies need skilled IT personnel to manage on-prem ERPs. This management cost can quickly snowball. SAP Business One cloud effectively mitigates this issue. What’s more? With the pay-as-you-model, startups don’t even need to pay a considerable amount of money upfront to acquire this ERP.
To End With…
Chennai has become a formidable player when it comes to startups. SAP Business One is the perfect companion for these startups in their growth journey. By giving them a solid structure and the power of automation, SAP services are playing the role of a catalyst in their growth story. It’s a promising future ahead.
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