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Posts Tagged ‘SAP Business One’

SAP Business One Roadmap 2010-2014

March 13th, 2010 abdulmuneem No comments

Mission Statement for SAP Business One

Our goal is delivering an on-premise or hosted business management solution for small businesses that is easy to use, flexible, and affordable.

We will expand the solution into a highly flexible business platform so that SAP Business One will become the ideal platform for co-innovations with our Ecosystem, joining networked applications and cloud computing together.

SAP Business One Executive Management Team.

Key Objectives

  • Focus on Market Needs, Legal Compliance and Robustness
  • Advance product innovations across Functionality, User Experience and System Performance
  • Embed real-time Reporting and Analytics
  • Expand Integration Scenarios and Collaboration
  • Enable accelerated Partner innovations, add-ons and vertical industry solutions

 

Clear Roadmap and Accelerated Product Innovation: –

2006 – SAP Business One 2005

2008 – SAP Business One 2007 and 2007 SP01

2010 – SAP Business One 8.8 (May/2010 GA), 8.81, 8.82

2012 – SAP Business One 9.0 (Q3/2010 GA), 9.1, 9.2

2014 – SAP Business One 10.0, 10.1, 10.2

…. Continues business inovation without business disruption.

Release Family Definition: –

  • Enhancements are delivered in major or minor releases. Major releases (e.g. 8.8) contain major new functionality or architectural changes; minor releases (e.g. 8.81, 8.82) include new and improved business functions or corrections
  • Interfaces remain stable between major and minor releases
  • A major release and minor releases that follow it, present a release family

Release Family Maintenance: -

  • Each release family is supported for 3 years (begins with unrestricted shipment of the major release and covers any subsequent minor releases in the release family)
  •  
  • When a new minor release enters unrestricted shipment, maintenance of the preceding version is discontinued
  • Patch frequency varies from 4 to 12 weeks; gradually decreasing during maintenance period

Click Here to Download SAP Business One Roadmap 2010 – 2014

Categories: ERP - Enterprise Resource Planning, SAP Business One Tags: , ,

Advantages and Disadvantages of ERP – Enterpriese Resource Planning

January 19th, 2010 abdulmuneem No comments

Advantages of ERP Systems
There are many advantages of implementing an EPR system. Few of them are listed below:

  • A perfectly integrated system chaining all the functional areas together
  • The capability to streamline different organizational processes and workflows
  • The ability to effortlessly communicate information across various departments.
  • Improved efficiency, performance and productivity levels
  • Enhanced tracking and forecasting
  • Improved customer service and satisfaction

 

Disadvantages of ERP Systems
While advantages usually outweigh disadvantages for most organizations implementing an ERP system, here are some of the most common obstacles experienced:

  • The scope of customization is limited in several circumstances
  • The present business processes have to be rethought to make them synchronize with the ERP
  • ERP systems can be extremely expensive to implement
  • There could be lack of continuous technical support
  • ERP systems may be too rigid for specific organizations that are either new or want to move in a new direction in the near future

Simple Fact: -

STD Code of Hyderabad, India is 040

Categories: ERP - Enterprise Resource Planning Tags: , , , ,

Implementation of Enterprise Resource Planning

January 18th, 2010 abdulmuneem No comments

Implementing an ERP system in an organization is an extremely complex process. It takes lot of systematic planning, expert consultation and well structured approach. Due to its extensive scope it may even take years to implement in a large organization. Implementing an ERP system will eventually necessitate significant changes on staff and work processes. While it may seem practical for an in-house IT administration to head the project, it is commonly advised that special ERP implementation experts be consulted, since they are specially trained in deploying these kinds of systems.
Organizations generally use ERP vendors or consulting companies to implement their customized ERP system. There are three types of professional services that are provided when implementing an ERP system, they are Consulting, Customization and Support.

  • Consulting Services – are responsible for the initial stages of ERP implementation where they help an organization go live with their new system, with product training, workflow, improve ERP’s use in the specific organization, etc.
  • Customization Services – work by extending the use of the new ERP system or changing its use by creating customized interfaces and/or underlying application code. While ERP systems are made for many core routines, there are still some needs that need to be built or customized for a particular organization.
  • Support Services – include both support and maintenance of ERP systems. For instance, trouble shooting and assistance with ERP issues.

ERP implementation process goes through five major stages which are Structured Planning, Process Assessment, Data Compilation & Cleanup, Education & Testing and Usage & Evaluation.

  • Structured Planning: is the foremost and the most crucial stage where an capable project team is selected, present business processes are studied, information flow within and outside the organization is scrutinized, vital objectives are set and a comprehensive implementation plan is formulated.
  • Process Assessment: is the next important stage where the prospective software capabilities are examined, manual business processes are recognized and standard working procedures are constructed.
  • Data Compilation & Cleanup: helps in identifying data which is to be converted and the new information that would be needed. The compiled data is then analyzed for accuracy and completeness, throwing away the worthless/unwanted information.
  • Education & Testing: aids in proofing the system and educating the users with ERP mechanisms. The complete database is tested and verified by the project team using multiple testing methods and processes. A broad in-house training is held where all the concerned users are oriented with the functioning of the new ERP system.
  • Usage & Evaluation: is the final and an ongoing stage for the ERP. The lately implemented ERP is deployed live within the organization and is regularly checked by the project team for any flaw or error detection.

Simple Fact: -

Climate is Tropical and Dry in Hyderabad, India.

Categories: ERP - Enterprise Resource Planning Tags: , , , ,

What is ERP – Enterprise Resource Planning

January 14th, 2010 abdulmuneem No comments

ERP, which is an abbreviation for Enterprise Resource Planning, is principally an integration of business management practices and modern technology. Information Technology (IT) integrates with the core business processes of a corporate house to streamline and accomplish specific business objectives. Consequently, ERP is an amalgamation of three most important components; Business Management Practices, Information Technology and Specific Business Objectives.

In simpler words, an ERP is a massive software architecture that supports the streaming and distribution of geographically scattered enterprise wide information across all the functional units of a business house. It provides the business management executives with a comprehensive overview of the complete business execution which in turn influences their decisions in a productive way. At the core of ERP is a well managed centralized data repository which acquires information from and supply information into the fragmented applications operating on a universal computing platform.
Information in business organizations is accumulated on various servers across many functional units and sometimes separated by geographical boundaries. Such information islands can possibly service individual organizational units but fail to enhance enterprise wide performance, speed and competence.
The term ERP originally referred to the way a large organization planned to use its organizational wide resources. Formerly, ERP systems were used in larger and more industrial types of companies. However, the use of ERP has changed radically over a period of few years. Today the term can be applied to any type of company, operating in any kind of field and of any magnitude.
Today’s ERP software architecture can possibly envelop a broad range of enterprise wide functions and integrate them into a single unified database repository. For instance, functions such as Human Resources, Supply Chain Management, Customer Relationship Management, Finance, Manufacturing Warehouse Management and Logistics were all previously stand alone software applications, generally housed with their own applications, database and network, but today, they can all work under a single umbrella – the ERP architecture.
In order for a software system to be considered ERP, it must provide a business with wide collection of functionalities supported by features like flexibility, modularity & openness, widespread, finest business processes and global focus.

 
Simple Facts: -
Hyderabad, Capital of Andhra Pradesh, India.
Categories: ERP - Enterprise Resource Planning Tags: , , , ,

Compete by Creating a Well-Run Company

January 4th, 2010 abdulmuneem No comments

Building a work team that runs like a well-oiled machine is one of the most surefire ways to protect your company from competition today and in the future. Efficiency and productivity emerge in organizations that focus on making sure that teamwork is possible and that information sharing is routine across an organization. The tight-knit work teams in these companies share information freely and broadly across the organization and, therefore, tend to have happier customers, better employee retention and higher productivity.

Use the following tips to oil the gears of your machine and compete more effectively.

Evaluate information flow
Informed teams are competitive teams. With this in mind, create a system to ease the sharing and flow of information across your teams. Do you have an information “blockage” with one employee? Do you lack technology to make it easy for your team members to coordinate efforts? Weaknesses like these can prevent even the most satisfied and well-intentioned teams from collaborating in a way that is essential to retain and increase competitiveness.

Research and implement best practices
Give your team the opportunity to do their best work by educating them about how things are done best. Each industry and discipline has best practices. Management best practices are also readily available. Regularly gather and share information on best practices in order to give your team the information they need to build their skills.

Two implementation details can help with the success of this information sharing. One, determine if your team needs support in building the skills needed to attain the level of expertise required to do these best practices. Two, ensure that best practices are presented to your team as something to strive for as a means of improving their work experience. This is a better approach than holding up best practices as an example of team shortcomings.

Provide a flexible working environment
Well-run companies tend to have programs in place that provide training, career advancement and flexibility. Whether these programs are formal or not, employee satisfaction, improved morale and the associated productivity increases can be tied to how a workplace accommodates an employee’s needs and preferences. Staff members who have the opportunity for advancement or skill building are more likely to feel satisfied with their jobs and more likely to do their best work. Likewise, those who are allowed some flexibility — whether it is time off for personal responsibilities or occasional telecommuting to manage a long commute — are also likely to be happier.

A line can be drawn for many teams between satisfaction and the ability to focus, work hard and share information required for the company to do great work.

Create an environment that encourages mutual respect
Another way to describe this is to “limit the number of annoying people on your team.” One or two people who horde information, speak negatively or ignore deadlines or otherwise challenge team work can derail your productivity and diminish your competitiveness.

It’s quite easy to justify keeping these staffers in place if they contribute intellectually, creatively or otherwise. Their contribution equation though, needs to include the cost they extract from the team. One way to arrive at this cost is to determine how many incidents (missed deadlines, comments, etc.) occur over a given period of time. Arrive at a time or financial cost for each incident and do the math. Also keep in mind that each time this person “strikes,” other team members are affected and lose productivity because of frustration.

Focus on retention
Team strength builds over time and the stronger your team, the more competitive your company. Learn what is required to keep your teams intact and employed with you and then create a retention system. You can conduct research within your company to learn what changes can positively affect retention. Speaking with key team influencers in your organization to get an on-the-ground perspective may also help.

 
Tool you need to become Best Run Business: -
Categories: Business Basics Tags: , , , , , , , ,