Trading industries are focused on the selling of products in return for goods and money. The core of trading is inventory management and the movement of inventory to retail establishments and customers. The era of constantly increasing industry necessitates the use of a software pattern to automate the procedure.
The integration of an SAP solution simplifies inventory tracking and management and to provide you with the best value FairFax Solutions offers technologies that integrate effortlessly with your existing infrastructure. We ensure that SAP Business One provides your company with all of the benefits, from offering the proper solutions to delivering the system.
Stock management, account management, Bill of Materials (BOM) management, report production on the sales process, and so on are all associated processes. SAP ERP gives the flexibility needed to effectively manage a variety of difficulties. It enables you to communicate directly with consumers in order to improve business transactions.
MODULES INCLUDED IN TRADING BUSINESS –
- Administration Management: Create Company Profile, General Company Profile Setup, Password Reset, Financial Account Setup, Sales and Purchase Setup, Business Partners Setup if have, Payment Term Assignment, Bank Setup, Add-on Manager, Add-on Administration, Mobile Add-on, Alerts Management, Workflow Manager, Workflow Instance, Work list and Tracking and many more.
- Inventory management – This is accomplished by automated system control and organisation of the flow of materials requested by customers.
- Accounts Management – Master panel for Accounts, Pocket Friendly, Edit of Accounts, Code Generator, Journal Entry, Budgets Setup, Reverse Transactions, Conversions tracking, Reports Generation, Printing and many more.
- Product ordering delivery Management – Many procedures are handled by an online commerce solution, from product ordering through delivery. Tracking and documentation are simplified.
- Organizational assets are managed and monitored 24 hours a day, seven days a week. The integrated technique protects and secures precious resources.
- Cash flow management – The enhanced solution maintains cash flow management, allowing finance and accounting to be handled more effectively.
- Clients and Partners Management -Trading businesses can have a big number of clients and partners. Efficient processing of their information is accomplished via the use of a leading database management system that provides rapid access to essential information.
- Vendors Management – It will be able to keep their supplies on hand. It directs you to order items from the relevant sectors at the appropriate moment.
- Reports – The auditing procedure on profit and loss may be done using financial statement reports maintained in the activity log.
- End-users in the marketing department are constantly updated on the progress of customers’ requested items and reply to their queries.
BENEFITS OF TRADING ERP
- Commerce firms are able to effectively track and audit a variety of sales processes, both online and offline, without causing any misunderstanding.
- The transaction process is updated on a regular basis, from order confirmation through delivery. It gives total insight throughout product management, allowing consumers to receive high-quality service.
- SAP systems, which are implemented and managed by industrial users, are provided reliable information on changing demand so that output can be adjusted accordingly.
- Business-based mobile applications enable us to have good interactions with both employees and clients.
- We can track demand using the inventory management system.
- We can track demand using the inventory management system. Demand-based generating is enabled by persuasive price quotations that clearly generate profit for your company.
Thus, to get the most suitable SAP ERP solution contact FairFax Solution India Pvt. Ltd. We tailor SAP Business One solutions to your specific business needs based on our extensive insight and 10+ years of industry experience.
We are aware of the complexities involved in implementing a successful ERP. Our consultative approach ensures that our customers’ SAP Business One implementations are effective.
