FAQ

“SAP” stands for Systems, Applications, and Products in Data Processing. SAP is a world-wide market and technology leader in client and server enterprise application software, providing solutions for companies of all sizes and industry sectors.
SAP Business One is an affordable, integrated enterprise resource planning (ERP) solution designed to enable growing small to midsized enterprises (SMEs) and large enterprises with subsidiary operations to better manage their entire company.
The core functional areas supported by SAP Business One include: Accounting and Finance, Reporting, Purchasing and Operations, Inventory and Distribution, Sales and Customer Management.
As market leader in enterprise application software and Cloud Company with the greatest number of users, SAP pursues a commitment to helping companies of all sizes and industries run better. With its software and services offering – whether deployed in the cloud or on-premise – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition.
SAP HANA is our in-memory computing platform that lets companies accelerate business processes, deliver more business intelligence, and simplify their IT environment. SAP HANA removes the burden of maintaining separate legacy systems and siloed data, so companies can run live and business people can make better business decisions in the new digital economy. Emphasizing our cloud-first strategy, SAP HANA can be deployed on several public cloud infrastructures.
Almost 200,000 businesses use some or a full set of SAP modules, in more than 150 countries. While it is often a common belief that only large enterprises make use of SAP software, about 80% are small-to-medium sized businesses are on board as well. Success of SAP solutions, of course, is measured by a company’s bottom line. And that bottom line is the result of greater efficiency, better business decisions, and more streamlined operations.

Businesses that adopt SAP Business One very quickly see measurable benefits of using an integrated ERP application including:

  • Targeted business growth through streamlined operations
  • Improved customer retention and satisfaction through quicker response times and instant access to customer information
  • Operational efficiency achieved by eliminating redundant and manual data entry errors with integrated core functionality
  • Closer relationships with key stakeholders including customers, vendors, and employees through better supply chain management
  • Lower technology costs and quicker return on investment
SAP Business One is designed specifically for small to midsized businesses that have outgrown their current packaged accounting software or spreadsheets and/or may need to replace multiple, non-integrated applications. SAP Business One is also designed for subsidiaries of larger enterprises.

In the post implementation phase, continuous support is provided to ensure smooth running of operations. Training is also provided to client’s employees to ensure smooth transition and optimal use for maximum benefit. For further details, please take a look at our Support page.

In case, you are looking for an answer a bit more detailed, or couldn’t quite find your query above, you can contact us directly.

Fairfax supports your business well beyond the initial implementation phase through the Fairfax TOTAL Care support program carried out through team of dedicated SAP Business One consultants that have extensive experience with SAP Business One.

SAP continues to focus on extending core functionality as the market serviced grows from SME to also include the higher end market.
Yes, SAP Business One provides a scalable solution that not only meets your fundamental business management needs today, but can also be scaled to handled and increased number of transactions generated by a growing customer base.
Several factors including the size of your business, complexity of the project, type of ERP development, specific integrations, customization with add-ons, determine the implementation time of the solution.
There are 4 license types available: Professional User, Limited CRM User, Limited Logistics User, Limited Financial User.
SAP Business One provides powerful integrated analytic and reporting tools, such as Crystal Reports and HANA that enable you to access critical business information drawing on all functional areas including; accounting, sales, purchasing, production, inventory, service, and operations.
SAP Business One is available as an on premise or hosted solution through Amazon Web Services (AWS).
There are several factors that determine how quickly SAP Business One can be implemented and customized to your Business including: size of your business, complexity of your business structure, type of ERP deployment, and any specific add-ons or customizations.
The implementation process includes a project planning phase, business blueprint, project realization, and Go Live.
Yes, data migration from your old system to SAP Business One can be imported from a text file, Excel spreadsheet or manually. SAP Business One also uses the Data Transfer Workbench add-on to ensure data migration is performed quickly and easily. Note: there may be some limitations on the transfer of certain historical data.
When you request a quote, you will receive the standard cost for the SAP Business One application along with the additional costs based on number of users, type of access required, professional services for implementation, maintenance fees and extra hardware.

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