Did you know mid-sized businesses in the UK have grown faster and generated a larger profit growth in the last five years than the nation’s large and small companies combined? Read more of that report here.
How are they growing so fast?
In many cases these fast-growing powerhouses are leveraging business software in the cloud to give them the boost they need, using technologies that SMEs didn’t dare to dream of ten years ago. Where once it was all about expensive on-premise software – cloud ERP has now broken through taking midsize business along with it. Moving to cloud computing reduces the cost of managing and maintaining your IT systems. Rather than purchasing expensive systems and equipment for your business, you can reduce your costs by using SAP Cloud ERP.
Is SAP Cloud ERP right for me?
Is SAP BusinessByDesign too big and complex for us? The answer is NO! SAP Business ByDesign has been engineered with you in mind – it’s ideal for an SME business with growth plans. In addition, you can customise it – the Cofficient experts do this for clients all the time, but probably the best thing about SAP Business ByDesign, it is so easy to get up and running with it quickly.
If you are not aware, SAP Business ByDesign is a cloud-based ERP system designed for the middle and upper range of the SME market, as well as for subsidiaries of large enterprises in a two-tier ERP scenario. It includes integrated components for financials, marketing, sales, services, human resources, manufacturing, planning and control of the supply chain, strategic and operational purchasing, and compliance.
SAP Business ByDesign is a modular and scalable cloud ERP system that supports financials, human resources, sales, procurement, customer service, supply chain management, and more. Unlike disconnected systems, it links all of your company’s business processes in a single application and a common data repository provides complete, real-time visibility across your business.
To find out more read 8 reasons why you should choose SAP Cloud ERP.
SAP Cloud ERP Within Your Budget
That’s why SAP Business ByDesign is such a great choice because its cloud-based subscription model means you always know how much it is going to cost and it doesn’t involve fronting up huge amounts of capital. For those not in the know SAP Business ByDesign allows customers to run their entire business with a single, cloud-based application and is ideally suited for small or quickly growing companies and for subsidiaries of larger corporations.
It is a software-as-a-service solution delivered on demand and so does not require any additional IT investment. Also, you don’t need to worry about software system maintenance; all the core services from backup, recovery, and regular upgrades are covered by SAP and included in the monthly fee.
Easy to Implement
SAP Business ByDesign is a rapid deployment solution. Time to value is much shorter than other ERP solutions. You can have the basic ERP component (finance + CRM) up and running within 3 months. At a more leisurely pace, you can have most of the basic components any business might need within 6 months. The most aggressive implementation cycles can be between 4-6 weeks with full time dedicated resource. Remember the more complex your business, the more complex the software and therefore the implementation. Make sure your expectations are realistic and reasonable.
Fast growing business love Cloud ERP
Fast growing midsize businesses like the solution because it is flexible and grows with them – you can add new users and open up functionality as you need it. SAP Business ByDesign is software as a service which means you access it via the internet and that brings a number of benefits. Not only can you access your data from wherever in the world you happen to be on any device but you also get automatic upgrades with no need for an IT team – that way you are always on the latest version and not falling behind.
Cofficient Ltd are SAP Business ByDesign partners and implementation experts. Cofficient have been awarded SAP REX Certification for the Business ByDesign solution, Financial Expertise and Healthcare Expertise. We are also one of the UK’s longest standing SAP ByD partners.