SAP Business One ERP Helps Businesses by Automating the Financial Close – Which Saves Your Company Time
How much time does your company invest in closing the books for the quarter or year? Timing is always tight, it seems, and the work mounts quickly. Team members are diverted from other tasks to help with the close. As a result, risk can enter your organization. Manual efforts, especially when employees are rushed, leads to error, and error leads to future costs—not to mention the prospect of damaged relationships with financial stakeholders. Automate the close, and your company not only mitigates this risk, but it prevents the need to disrupt other operations and projects.
Automating the financial close saves time. Systems use repeatable processes and the data already resident in them to streamline this important accounting task. For small and mid-sized companies, however, automation hasn’t been accessible, because the traditional perception of ERP solutions is that the necessary investment is too high. With SAP Business One, this is no longer the case: you can implement the capabilities you need to manage your company effectively and facilitate the financial close.
SAP Business One is designed specifically to meet the needs of companies like yours, delivering on an appropriate scale the features that small and mid-sized businesses can use to compete more effectively. Automated finance and accounting features also reduce the risk of manual error, as hurried employees are no longer in a position to make costly mistakes.
The stakes are high at every close, and you don’t need unnecessary risk. Use SAP Business One to streamline this operation, and manual errors become much less likely. With this ERP solution, you can protect your budget and your key financial relationships.
For more information about SAP Business One (integrated financial accounting, customer relationship management (CRM), inventory control-tracking-management, material requirements planning (MRP) and Comgine e-Commerce software, please call us today or email firstname.lastname@example.org.