SAP Business One
Small and Medium Enterprises generally use more than one software application for follow-up of day-to-day administrative tasks. Accounting, inventory management, billing, generation of quotes, order entry, procurement or sales follow-up, all very specific areas for which companies seek solutions. Often this results in one main application with additional software or custom solutions being developed in Access or Excel. Ultimately, these companies come to the conclusion that lots of data is being duplicated at the cost of efficiency and productivity.
In those cases, an ERP solution is recommended. ERP is the abbreviation for “Enterprise Resource Planning”, and accommodates almost all possible business processes in one central application. The interaction between these processes yields to structure and integration of data that is kept in one and the same database. Business transactions become less error-prone while efficiency and productivity greatly enhance.
Being official Member of SAP Extended Business Program, URCA offers the services of purchasing the licenses, complete implementation using ASAP methodology and consultancy of SAP Business One solution for Small and Medium Enterprises.
Core Business Areas of SAP B1
1. Accounting & Finance:
All Accounting entries are linked (through appropriate approvals) with business decisions through other core areas, together with banking & reconciliation, petty cash management, etc. for preparing financial statements and customizable management reports.
2. Sales & Customer Management:
From lead generation to deal closing, marketing campaign execution & management, customer management, service management, to reporting and analysis. Invaluable periodic and real-time information that can be stored and retrieved through computers, laptops, and mobile devices.
3. Procurement & Inventory Management:
From purchase requests and PO’s to materials receipts and withdrawals, returns, updated inventory records, payments and payables management, down to the last details. The solution can produce customizable analytical reports for the management to address critical issues.
4. Warehousing & Distribution:
From purchasing and production receipts to customer dispatches, the entire warehouse (or multiple warehouses) record is updated in real time with different pricing and costing models. Real time analytical reports facilitate the reduction of warehousing costs without hurting the business model.
5. Production Planning & Management:
This core area maintains multilevel bills of materials, issue and release, production orders manually or by backflush, and maintains prices for materials. Detailed component costs of manufacturing are calculated and shared on Manufacturing Dashboards for the management to take timely actions.
6. Project Management:
It helps to monitor the progress of tasks, stages, and subprojects, as well as analyze budget costs and generate reports on various aspects of the project, such as stage analysis, estimated total and remaining time and cost to completion, time and cost variances, open issues, resources, etc.
7. Human Resource Management:
This area is accompanied by a customized solution developed by the URCA Optimization team, which assists the client’s HR department by keeping employee information organized and creating monthly Payroll and other, data-driven reports. It serves employees and managers for time and KPIs tracking, updating directories, etc.
Usman Rasheed & Co is a leading Chartered Accountants firm having offices in Islamabad, Lahore, Karachi & Peshawar. The firm is providing quality services to its clients in the field of Auditing, Taxation, Corporate, Accounting, Legal & Secretarial Consultancy and, other related assistance to local and foreign private, public and other organizations.
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