What is SAP Business ByDesign?
The global outlook for Mid-Sized companies has never been better, as promising opportunities are presenting themselves, especially in emerging markets. However, it is crucial for these Mid-Segment enterprises to invest in the right technology solutions, without which capitalizing on these opportunities would become a challenge.
If you are a mid-sized company with high growth ambitions, you need a fast, reliable and flexible solution that can unify all your business processes, offer real-time visibility of operations, and support your endeavors without a crippling capital investment. SAP Business ByDesign – a state of the art cloud based solution, backed by 40 years of innovation and leadership in enterprise applications is precisely what you need.
What is SAP Business ByDesign?
SAP Business ByDesign is an intelligent cloud-based ERP solution specially designed for mid-sized fast-growing businesses and subsidiaries of large enterprises. It is exclusively delivered as a software as a service (SaaS) subscription, offering the full benefits of an enterprise-level end to end SAP business solution, without the high complexity and cost.
Instead of building separate functional modules and then integrating them, it was conceived and developed much the same way a business grows – organically and from the ground up. It is based on a library of several business process scenarios like fixed asset management, order-to-cash, intra-company stock transfers, procure-to-pay, etc. many of which span across multiple functional silos. It has pre-built processes for every function, ranging from purchase, product management, finance to sales.
The scenarios/processes leverage best practices sourced from SAP’s decades’ long experience working with thousands of customers across hundred countries.
Salient Features
1. World-Class Cloud Infrastructure
It is a native cloud solution, managed, monitored and maintained by SAP professionals in world-class secure data centers. The advanced cloud platform ensures the best performance, along with safety, stability, security, reliability, and convenience. Customers get a world-class solution at an affordable cost,and fast deployment, without the expense and complexity of an in-house IT department.
As in all of its business applications, SAP continues to innovate, adding new features and functionalities to the product. It publishes development roadmaps and provides quarterly updates to the software, so you are assured of the latest technology at any point in time.
2. On-Demand Application
As businesses grow and evolve, new technology is needed to support and streamline operations – be it for the creation of new business units, new product lines, customer segments, new country locations, etc.
SAP Business ByDesign is extremely flexible and configurable. It can be instantly scaled to support varied expansion and growth requirements. At any point in their growth journey, customers can opt to enable any of the available scenarios to power their needs. They can add more users and new functionalities as they need them. Simply put, customers only pay for what they use.
3. Packaged ERP Modules
SAP offers packaged best practice business process modules for important business functions such as Financial Management, Customer Relationship Management, Project Management, Procurement, Human Resources, Supply Chain, etc. Customers have the freedom and flexibility to use the functionality that they need most at first – and then deploy more as they scale up business.
4. Real-Time Visibility and Business Intelligence
The integration of all business processes eliminates data silos and redundancy and ensures one single source of truth. This end to end visibility helps to identify issues with execution and fix them faster. Unlike in other systems, analytics is not an add-on but is embedded in every process and transaction.
This allows the tracking and monitoring of operational metrics, building accountability into the system.Users have access to accurate and timely insights at any time from anywhere on a desktop or smartphone which equips them to make informed decisions on the go.
5. Customizability
Users can view business-critical information across intuitively designed dashboards that are completely customizable. They can choose from a library of KPI’s to monitor performance in crucial aspects of the business, such as capacity utilization, cash flow, operating income, sales, etc.
6. Structured Implementation Approach
Based on decades of experience designing business processes and deploying enterprise applications, the SAP team has devised a time tested, phase-wise implementation approach that reduces deployment time and the total cost of ownership (TCO) for customers.
In the first phase, the project is minutely planned and all stakeholders sign off on the scope of implementation. Next, the system is configured and curated to the customer’s requirements, beta tested and a process validation walkthrough is presented to the customer. In the final phase, go-live data is prepared, cleaned and tested for migration, and the solution is re-built. Finally, the prepared solution is handed over to the customer to roll out for live production use.
7. Extensibility
Many times, customers have been already working with some third party solutions deployed as on-premise and/or cloud-based applications. SAP has processes in place to harmonize integration scenarios and evaluate how these third-party applications can be integrated.
It also has guidelines for merging and unifying custom data streams from legacy systems being used by customers. Lastly, SAP Business ByDesign is designed being amenable to integration via APIs for requirements with data integration, process integration, analytical and UI integration.
Conclusion
Thus, the SAP Business ByDesign software is a highly flexible and adaptable cloud-based ERP solution, which is exactly what growing mid-sized companies need to build operational efficiencies, innovate, and drive higher profitability and growth in an increasingly competitive globalized economy. In a recent study, International Data Corp (IDC) cited digital transformation as a key driver of growth and innovation for mid-sized businesses in the 2020s. The right technology solution will make adoption and innovation that much simpler