Month: August 2022

Analytics and Reporting in SAP Business By Design

Analytics and Reporting in SAP Business ByDesign

SAP Business ByDesign is an ERP software tool that is cloud-based. This business-driven tool drives insight-driven and integrated business processes and is ideal for mid-sized organizations. Built-in analytics is the crucial aspect of the SAP Business ByDesign solution, thus enabling the customers to get analytics content as an integrated offering of their standard processes. This allows the users to see transparency in all functional areas of their business processes. Here are some exciting features of built-in analytics which makes a difference to the way business processes are strategized and implemented in mid-sized organizations:  UIs Connects Insighs to Actions UIs are analytics driven and help the users make informed decisions about routine work and strategic business processes, which in turn increases efficiencies and better productivity across the organization. Model-driven Adaptability SAP Business ByDesign ERP tool considers an integrated approach that enables the users to create custom reporting processes from an end-to-end perspective. The software is highly adaptable and scalable to accommodate reporting requests. Business Processes integrate Analytics Scoping and constant fine-tuning create related content which is contextual to business processes. Operation and analytics data access is managed in real-time through work centers. Each analytics data set is easily explained by navigating the underlying business document. Thus, SAP Business ByDesign has inclusive analytics and customizable reporting that is accessed and made available per job function and role, thus leading to increased efficiency due to information timeliness and accuracy. This also helps to increase productivity and plug any operational gaps. Graphical representation of the analytics reports through SAP Crystal Reports* and Microsoft Excel* is made available to the users, which are embedded in transaction screens. All information needed to ensure better and timely decision-making increases productivity and effectiveness. In addition to In-Memory analytics, the SAP Business ByDesign ERP tool allows a massive amount of data to be stored in the main memory rather than creating a separate database. This allows the software to deliver sophisticated and customized reports at lightning speed and unmatched performance. We will now see the inherent benefits that users can derive out of these strong features that SAP Business ByDesign ERP tool bring to the table: Improved Data Accuracy Manual data entry created in siloes leads to many inaccuracies and difficulties collating reports across job functions. This is now eliminated, and the software can collect, collate and connect the data seamlessly across departments and eliminate data inaccuracies to a considerable extent. Increased Business Visibility With the power of Artificial Intelligence and Machine Learning, deeper and more meaningful business insights are delivered, providing greater clarity and visibility to the business performance. This enables the management to make more informed decisions and implement the same to align with the visibility. Speed up Your Reporting Process Templates are pre-packaged and customizable, enabling users to reduce the time spent and effort spent creating forecasts and custom reports required by the management. It also helps to consolidate the accounts. SAP Business ByDesign comes with power-packed features that are just suited to any mid-sized organization enabling them to streamline their business processes. Let’s have a look at some of the salient features: Financial Dashboards SAP Business ByDesign can create dynamic dashboards and generate a series of reports, all updated via ERP. This enables the users to see an instant snapshot of the data and run reports as often as needed. Process Support SAP Business ByDesign eliminates any need for manual efforts in data entry, and information is updated via automated processes, thus supporting budgets and forecasts. Automation allows the issues to be readily identified and gaps to be plugged in by the management on time. Revenue Plan Based on the latest forecasts and order intake data, robust revenue plans can be created, easily overlaid on top of the business visibility. At all stages, the management can easily visualize the impact of the changes in the data, thus enabling them to take a quick and effective call on each customer contributing to the revenue. Balance Sheet and Cashflow The software enables the aggregation of data and feeds through to the balance sheet and cash flows, putting an end to inaccuracies and providing an accurate picture of the organization’s financial status. Overheads and Business Costs Overheads and other business costs, including salary and compensations, are effectively taken care of, which feed into the data in an automated manner. With SAP Business ByDesign, completely built-in real-time analytics across all business functions can be easily accessed, thus providing all the stakeholders with the vital information required to run the business smoothly. Role-based dashboards, location-based information, etc., are embedded in the transaction screens and are quickly reported via SAP Crystal Reports* and Microsoft Excel*. All the analytics data have the drill-down capabilities so that real-time insights can be mined by the users and make timely informed decisions which help in effectively managing the business processes. Management can further customize the reports per specific business requirements and individual users’ needs enabling them to visualize the roadmap and plan effectively. Vestrics is your go-to partner for transforming your core business processes and legacy platforms. Now, you can gain precious insights across job functions like IT, Finance, Operations, HR, and other essential business functions through the powerful analytics capabilities of the SAP Business ByDesign ERP tool. We are a complete digital transformation partner and work with you to simplify business automation, enhance workflows, create a rich customer experience, and enhance efficiencies across all spheres of your business. To know more about SAP ByDesign Cloud Solution, write to us at sales@vestrics.in or call us at +91 99510 53333.
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7 Key Benefits of Choosing SAP S/4HANA Cloud for the Pharma Industry

7 Key Benefits of Choosing SAP S/4HANA Cloud for the Pharma Industry

In recent years, the pharmaceutical industry has seen tremendous growth in research and development. However, the pharmaceutical industry faces numerous challenges regarding non-coherent distribution, lack of a proper set-up and network, increasing operational cost, increased statutory governance, and strict regulatory framework affecting the supply and distribution. With the advent of the Covid-19 situation, the scenario has drastically changed. SAP S/4 HANA, specifically designed for the pharmaceutical industry, fills these gaps. A connected and well-oiled ecosystem that integrates end-to-end operations is now possible with the help of SAP solutions. This allows the stakeholders to understand and analyze individual processes and their effect on each other, thus ensuring product quality and increase in productivity. This is the digital transformation of the pharmaceutical industry. Digitization also allows establishing predictive maintenance SOPs rather than reactive processes, thus reducing downtime. Many modules support end-to-end operations, the core being SAP S/4 HANA—maintaining GMP compliances, forecasting demand, predicting uncertainty, and improving efficiencies, which are crucial for every drug product. The pharmaceutical industry is the backbone of producing medicines for saving patients’ lives. So, a lot of processes, regulatory frameworks, and efficiencies have to be taken care of to maintain standards. SAP software provides a bespoke solution for the pharmaceutical industry to automate related processes. The economic management of pharmaceutical processes can effectively be done through this integrated software. Functions like finance, accounting, sales, and inventory management are taken care of through a single software structure. Medicines are procured in line with government regulations. SAP gives a window to effective production planning, considering government regulations. In modern-day management of any organization, business processes, analytics, and effective management policies are critical for growth. To manage their day-to-day business effectively, many enterprises are shifting to ERP software. Due to highly competitive and tight government protocols, the pharmaceutical industry is unique and poses challenges in terms of management. Maintaining the highest quality standards and dealing with a highly informed customer are some of the other challenges that this industry faces. The entry of a lot of multi-national pharma brands has fuelled the need for businesses to be more organized and enable quicker turn-arounds with regulatory compliances. As the market dynamics are changing, it calls for many processes and workflows to be automated. This can be achieved via the adoption of a robust ERP tool. SAP S4/HANA works seamlessly with the pharmaceutical industry and integrates manufacturing processes across multiple locations and oversees compliance, expiry, formulations, costs, and quality, which are sensitive to the unit’s performance. It becomes tough to take care of supervision and quality control of the finished products since the medicines are often produced on a large scale. Thus, in the current times, there is a growing demand for ERP software that takes care of the operational efficiencies by overseeing the following: Quality Analysis Quality control becomes an essential aspect of the pharmaceutical industry as the finished products are ready for direct consumption. ERP tool ensures quality control measures, including labelling, storage adherence, and other related standards. As pharmaceutical industry is highly regulated, SAP S/4 HANA Cloud takes care of regulatory compliance requirements and processes for project validation following GMP. SAP S/4 HANA Cloud helps with batch processing from raw materials to the end product. It also takes care of quality control during supply chain. Storage Facility All medicinal formulations require extra care concerning packaging and storage. An ERP software tool like SAP S/4HANA Cloud considers these requirements and helps fine-tune the storage requirement in specific cells critical for each formulation. Billing info Receipt records of materials and goods are smoothly managed by an ERP software tool. SAP S/4HANA Cloud also helps record keeping, thus maintaining a check on cash/credit flows in the organization. Sterilization and Tracing An ERP software tool manages the plants’ and containers’ sterilization, which is critical in the pharmaceutical industry. As discussed earlier, SAP S/4HANA Cloud helps keep records of produced and traded goods, thus enabling ready information to be available anytime a need arises. Smoothening in Operations The software takes over all the laborious manual tasks, thus enabling organizations to focus on other critical strategic tasks. Therefore, a positive work environment allows smooth functioning across all job functions. SAP S4/ HANA Cloud helps in streamlining the processes into new workflows and makes the organisation see value. Cost control Since an ERP software can look into many aspects of the functioning of the manufacturing and management aspects of the organization, it ultimately helps reduce costs by bringing efficiencies in operation & reducing wastage. By deploying SAP S/4 HANA Cloud solution, complex customizations become standard and the overall implementation time is brought down. Real-time Monitoring An ERP software helps in real-time data visualization of various production and management functions; the managers can make timely decisions on vital organizational processes, including succession planning, on-site operations, risk mitigation, etc. SAP S/4HANA  Cloudreduces the need for a full-fledged data warehouse and provides real-time operational reporting. Conclusion: By adopting SAP best practices, better quality control measures can be implemented by applying real-time monitoring. This ensures that the medicinal formulation remains standard throughout. Risk assessment is also simplified and documentation is seamless. Production volume and judicious reallocation of resources are possible by tracking supply chain and demand forecast on a real-time basis. To know more about SAP S/4HANA Cloud benefits, write to us at sales@vestrics.in or call us at +91 99510 53333.
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Accelerate Your Business by Upgrading to RISE with SAP with SAP S/4HANA Public Cloud

Accelerate Your Business by Upgrading to RISE with SAP with SAP S/4HANA Public Cloud

All organizations need to innovate new business models to avoid disruption, increase the efficiency of funding innovation, and transform mission-critical systems without business risk. RISE with SAP is the solution. RISE with SAP solution is designed to support your business in your industry with SAP responsible for the holistic Service Level Agreement (SLA), technical support and cloud operations. RISE with SAP allows customers to receive a pack of software and services related to SAP S / 4HANA as a SaaS model (Software-as-a-Service). One can choose between a public cloud variant with a more standardized process or a private cloud variant with the same personality and individuality, and process flexibility as on-premises. Both are hosted by either Amazon (AWS), Microsoft (Azure), or Google (GPC) cloud providers. RISE with SAP also includes using SAP BTP (Business Technology Platform / formerly SAP CloudPlatform), which is used specifically for development outsourcing (parallel scalability). In addition, innovations (Robotic Process Automation (RPA), Machine Learning (ML), Artificial Intelligence (AI), etc.) are provided by SAP and SAP partners available as services. Lastly, BTP is an essential integration platform tool for other SAP or non-SAP systems. In addition, your company can also use the SAP Business Network to collaborate with other companies in the areas of purchasing and supply chain. The Report (Business Process Intelligence) can support the ascending model to analyze the business processes used. Customers can choose one of the hyper scalers for their infrastructure using the technical management provided by SAP. RISE with SAP offers various services that help many organizations facilitate the path to the Digital Enterprise. RISE with SAP is proposed for customers who are: already using S/4HANA about to start a transformation project towards S/4HANA searching for a new ERP system The SAP customers have the following operating models to choose from: S/4HANA on-premise S/4HANA on Cloud Rise with SAP (Private Cloud Edition) Rise with SAP (Public Cloud Edition) What is SAP S/4HANA Public Cloud Edition? SAP S/4HANA Public Cloud is a complete ERP system with a public cloud infrastructure managed by SAP. It is designed for businesses/customers who are looking out for a greenfield approach and want to start their S/4HANA project in the cloud. It is also the best choice for any business that wants to expand quickly with an all-in-one subscription-based solution. With the public cloud edition, your business can count on simplicity and standardization and follow SAP best practices. Most companies opt for the cloud edition due to its easy adaptation and lower price point. Benefits of RISE with SAP with SAP S/4HANA Public Cloud Edition Check out the benefits of RISE with SAP with SAP S/4HANA Public Cloud Edition The flexibility of subscription-based pricing: Subscription-based pricing enables companies to pay per month per user. Companies can increase or decrease the number of users based on the requirement, thus making the model successful and adaptable. To top it off, no additional maintenance costs are charged. Shorter implementation timeline: In almost all cases, the implementation of SAP S/4 HANA Public Cloud takes a few weeks. One can start using the solution with minimal training as it is user-friendly and offers a browser-driven interface. Guidance from SAP best practices: SAP S/4 HANA Public Cloud comes with SAP best practices, thus enabling companies to implement the product by deploying standard business processes (plan-to-produce, order-to-cash, and hire-to-retire) successfully and effortlessly. Post-production support: The company’s business analysts are equipped to handle almost all analytics-driven issues like embedded analytics, running standard reports, material updating, and vendor records by using standard business processes and SAP best practices. Thus, post-production support maintenance requires minimal effort for deployment. Quarterly innovations: New emerging innovations like machine learning and AI tools ensure that companies are equipped to leverage them upon requirement. Simplified businesses processes: SAP S/4 HANA Public Cloud supports standard business processes for most industry verticals such as chemicals, pharma, PSUs, and consumer products. SAP S/4 HANA Public Cloud’s roadmap has industry-specific targeted software. Compatibility with 2-tiered cloud architectures: Since the launch of SAP S/4HANA Public Cloud, there has been a rise in the use of the software as a 2-tiered product by large enterprises. The main business unit deploys SAP S/4 HANA on-premise & SAP Public Cloud by the subsidiaries. With this approach, the organization is able to benefit from the same recording system via an integrated ERP. Since both the software using the same programming language, the integration between both the systems is seamless. Scalability: SAP S/4 HANA Public Cloud limits itself to configuration options and standard business processes. But, offers totally seamless integration with other SAP HANA-powered, on-premises ERP software, and cloud-based SaaS. Conclusion: The decision for choosing the right operating model should be made with utmost care. Become an intelligent, sustainable enterprise in the cloud with RISE with SAP. We provide you the support, help in classifying the pros and cons for your organization and derive the consequences. Reach out to us at sales@vestrics.in or call us at +91 99510 53333 for a complete solution tailored to your needs.
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How Does SAP By Design Help Midsize Companies?

How Does SAP ByDesign Help Midsize Companies?

SAP ByDesign is a cloud-based ERP solution designed for fast-growing mid-sized companies run, managed, and monitored by SAP experts. It helps scale your business quickly without complexity, security threat, or added cost. SAP Business ByDesign connects each function across your organization from finance, sales, marketing, admin, purchasing, procurement, and operations, amongst other core activities, with best practices and in-depth analytics. Enjoy a comprehensive view of your business seamlessly with this dynamic and configurable software solution. Now manage everything at your fingertips with just one single software. So, get rid of the multiple software investments and say goodbye to excel sheets. Who Should Opt for SAP Business ByDesign? If you are a mid-sized organization facing one or more of these challenges, then SAP Business ByDesign is the right choice. Are you sick of managing simple tasks with multiple systems? How easy is it to obtain a unified view of your financial information? How effortlessly do your employees maintain timesheets and other personal information? Can you gain real-time data on liquidity? Is your legacy software not letting you grow? Are you in need of a platform that helps you gain quick information on all business activities? Is accessing the real-time information on the spur becoming difficult with current software? Do you require an in-built localization solution for expansion? Are you looking for ERP software that can help you make decisions on the fly? Reasons to Switch to SAP Business ByDesign In today’s competitive world, the rapid-growing midsized companies need to adapt to a cloud-based platform that will help them become accustomed to the flexible working style of their employees to get the best out of them. Forgo the tedious manual work done that slow down your employees. Speed up decisions and implement actions while integrating and simplifying processes. SAP Business ByDesign is an innovative solution specifically developed keeping in mind SMEs. SAP Business ByDesign is the best fit for midsize companies and has answers for everything a fast-growing business might need. So, if you are a midsize company, you have all the reasons to go for SAP Business ByDesign as your next comprehensive ERP system. Here’s why:  Affordable Price, Outstanding Value SAP ByDesign helps midsized companies get going without exceeding the budget. With a cloud-based SaaS model, you need not manage the IT data centre as the platform comes with inclusive support and maintenance. This solution benefits SMEs as they can now do away with their IT Capex and overheads. SAP offers fixed-price deployment with a monthly subscription model that includes maintenance. Eliminate the need to manage ownership costs. Insight-Driven Platform With its embedded analytics and KPI dashboards delivering real-time information, SAP ByDesign gives a 360-degree view of your business areas, allowing you to make critical business decisions on time. Now expand into new markets by complying with legal regulations and industry standards more efficiently as you can configure solutions for use in any country. Automate workflows With SAP Business ByDesign, your business can optimize and automate various administrative tasks, both at your company and in your network of suppliers and other partners. By providing the option to prioritize urgent activities, the solution helps you ensure rapid processing and keep track of significant developments. Flexible and Scalable SAP Business ByDesign supports processes in various geographical locations, languages, and currencies, keeping in mind the respective local legal regulations. Easily incorporate new production facilities in other countries. Now feel confident about your IT infrastructure keeping in tune with your growing company. Grow your business profitably while optimizing operations. Step ahead of your competition and adapt to new industry demands. Enhanced Sales, Better Customer Service The platform’s account and activity management module ensures visibility of all the critical aspects in a sales cycle giving the sales managers a leeway to identify opportunities for up-selling, cross-selling, and processing sales orders. The sales team can efficiently handle their interactions with prospects via centralized information access. Company stakeholders can now effectively resolve issues through easy availability of data through multiple sources like sales, shipping, finance, etc., creating a positive customer experience and promoting customer centricity. Employee Productivity With SAP ByDesign, employees can now access their accounts, view opportunities, process With SAP ByDesign, employees can access their accounts, view opportunities, process sales orders, etc., on the move. Be it smartphones, tablets, or the desktop, SAP ByDesign works on all devices without any additional cost. Now go ease with SAP ByDesign’s built-in mobility and collaboration capabilities and better employee productivity. Let’s find more convincing benefits of switching to this intelligent and specifically designed ERP solution function wise: Financial Management and Accounting A single ERP lets you efficiently manage your assets, cash, and all accounting processes. Now you can get real-time insights into the finances and manage accounts easily for multiple operating units. Manage all accounting transactions, automate journal entries, perform tax calculations and handle multi-currency transactions in a centralized place. Customer Relationship Management  This enterprise-ready ERP lets you develop a healthy customer relationship and drive engagement effortlessly. You can now easily switch data from master records. A wide variety of tasks like storing and updating balances, creating a sales order, calculating prices, entering payments, etc., can easily be performed. ByDesign’s analysis helps create precisely targeted campaigns, generate leads, and empower employees with insights for building strong customer relationships. Procurement  SAP ByDesign provides complete transparency, and you can locate purchase orders and multiple supplier contracts quickly. So, why maintain manual paper-based purchase orders when you can automate them? SAP ByDesign gives complete transparency into the business, so you can promptly locate purchase orders and manage multiple supplier contracts. So, save your time, minimize the risk of errors and confusion, negotiate better deals, and speed up the PO processing smoothly. Supply Chain Management Streamline your supply chain and ease its challenges with enterprise-ready software. This software will improve supply chain demand planning and gain better control over supply planning, inventory, and warehouse management. Now acquire a better supplier collaboration, accelerate time to market, and boost customer satisfaction. Conclusion: We at Vestrics
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How to Boost Your Company’s Sales with SAP Business One?

How to Boost Your Company’s Sales with SAP Business One?

Sales is not about just selling a product. It also involves building customer relationships and increasing customer loyalty for a lifetime. Meeting customer expectations is an integral part of sales. How does a business understand customers’ requirements? How does a business track the consumer’s buying behaviour to recommend relevant products or services? SAP Business One has the answer to all the questions. From contacting potential customers to after-sales service, SAP Business One provides the right tool to manage the sales process efficiently and seamlessly. SAP Business One is an ERP solution specially designed for Small and Medium-sized Enterprises (SMEs). SAP Business One can automate essential business functions like sales and opportunity, financials and purchasing, supply chain management, analytics, business intelligence, project management, and many more. It changes the way you carry on with your business by capitalizing on the information in a way that betters efficiency, reaches potential customers, and contributes to sustained growth. SAP Business One helps increase conversions, sales, and revenue, thereby profitability. It helps in meeting the buyer’s needs in a better way. SAP Business One’s tools help expand the customer base, ensuring customer retention through customer relationship management and satisfaction. It acquires all data at a single centralized platform, helping businesses access critical information in real-time to make crucial decisions for your business. The main objective for SAP Business One 10.0 is to ease the use of the platform, its cost-effectiveness, and its ability to operate on the cloud. SAP Business One’s ability to comprehensively analyze various business growth opportunities and accurate sales forecasts made using it makes it so popular among SMEs. Boost your sales with SAP Business One Check out the ways in which SAP Business One can help your business boost sales: Managing customers: The customer is the king. SAP Business One helps make your customer the epicenter of your sales process. Analyze the consumer’s needs, preferences, and buying behaviour, prepare better sales strategies, and create a centralized report to understand the sales representative better. With SAP Business One, store all the critical consumer data in one place, synchronize and manage all contacts. SAP Business One helps in giving critical insights essential for developing sales pitches, thereby creating newer opportunities. Developing potential opportunities: With SAP Business One, your team can now update information with regards to potential opportunities, sales volumes, conversions, and closing dates. The software utilizes the provided information and helps the sales team understand critical aspects of the highest potential and analysis to create that perfect pitch. Synchronization Between Sales and Inventory: Automate and streamline sales order process by ensuring smooth service delivery and real-time access to inventory information. SAP Business One helps in tracking the inventory levels accurately. Inventory control and management are now made easy with SAP Business One. Balance your order and inventory management process for greater consistency, efficiency, and power. Linking sales to inventory provide better customer service, makes staff life more accessible, and avoids situations where there isn’t enough inventory to fulfil an order. Effective Marketing Campaigns: Marketing campaigns are the best way to generate more leads and conversions for any business. SAP Business One helps enterprises to create a campaign list and generate leads. Marketing campaigns in the form of emails, newsletters, etc., are sent by businesses to the target audience. Now, create, track and manage marketing campaigns at your fingertips. Nurture prospects into leads with built-in campaign tools, streamline marketing efforts and achieve marketing goals. Managing Sales Pipeline: Managing the sales pipeline is essential for business growth. With the help of a pre-defined sales and training process for the sales representatives on sales pipeline management, small businesses can forecast potential sales and achieve targets. Research has shown that a well-managed pipeline brings in 15% faster growth. Manage the entire process smoothly and efficiently with the help of SAP Business ONE. Convert your leads into customers, and increase your customer base with SAP Business One’s advanced tool. Excellent After Sales Services: After-sales services are crucial for any organization to maintain a long-term customer relationship. SAP Business One comes up with an in-built Customer Relationship Management function as a part of its application enabling the representatives to address customer queries quickly and effectively. SAP Business One helps efficiently handle and administer critical aspects of all the customer warranties and service contracts. With SAP Business One, guarantee ongoing customer satisfaction and proactively manage your customer interactions for maximum business gain. Conclusion: SAP Business One helps your business to streamline processes and gain a greater insight into your business so that you can make decisions based on real-time information to help you drive profitable growth. At Vestrics, we help your business carry out hassle-free management of all your sales activities. Find the right package for your business needs with us. So, if you are looking for a one-stop solution, Reach out to us at sales@vestrics.in or call us at +91 99510 53333.
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