3 Major Benefits of SAP B1 Support Service Partners for Life Sciences and Pharmaceutical Firms11/18/2021 A robust enterprise resource planning tool would make a huge difference to the life sciences and pharmaceutical firms. This is one industry where the regulatory compliance alone can be quite challenging to keep up with. Then come the multiple dependencies and other aspects contributing to an ever expanding and ever changing data environment. But all data is important and most future transactions depend on the accuracy with which current data is being documented and analysed. For all this and more, a reliable SAP B1 support service partner would be of great help.
Perks of SAP B1 for Life Sciences and Pharmaceutical Companies 1. Putting an End to Product Costing Problems Product costing is one area where most life sciences companies struggle with, especially in their early stages. Understanding COGS (cost of goods sold) is one good way to estimate product costs that actually add to the revenue. Inventory based costing and valuation methods are abundant in SAP B1. Based on the inventory planning strategies you already have in place as well as your standard inputs for pricing, you can choose a suitable valuation method. FIFO (first in first out), moving average, standard cost as well as batch or serial number-based costing strategies are all supported. This is particularly handy as several of the large medical equipment companies might be having issues with product lifecycle. Better costing ensures that the time and effort spent are fairly valued. 2. Help Meet Industry Standards Every industry has a different set of compliance issues. There could also be challenges that your competitors already faced in their journey. All this can be analyzed and the industry standards can be met with the help of SAP Business One. This is a place where most businesses feel the striking difference between choosing any local ERP tool and SAP Business One. This is also where life sciences companies will find a B1 partner’s assistance to be indispensable. Industry standards can be particularly complicated for pharmaceutical companies. Consider even the basic activities like coming up with a formula for a drug. The ingredients list to the recommendation of dosages, various types of data are to comply with a globally accepted standard. For the small businesses that are just starting out SAP Business One can make a big difference in this case. 3. Improved Data Collection Most industries today heavily rely on big data analysis capabilities. But pharmaceutical companies have data flowing in and being accessed real time in so many touch points. There is inventory data being tracked and purchase data being reported. All this combined with management of product data like compliance and quality checks can help in long term business plans. For products like prescription drugs and even OTC medicines, there are aspects like expiry date that rely heavily on the documentation of batch number and other inputs. Unifying all the data channels so as to improve traceability becomes straightforward with the help of a credible SAP B1 support service partner. Also Read: Medical Device Companies Integrating SAP Business One Leveraging the perks of ERP tools like this one makes it easy for any pharmaceutical company to survive in a competitive market. You are future-proofing your business processes by working with a good SAP B1 support service provider.
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An SAP B1 partner is one who can guide you through the SAP Business One software to integrate your entire department into one workflow. Using the software is a golden opportunity to make your business more efficient and optimize its processes. To know more about SAP Business One and how hiring a partner can benefit you, read on. What is SAP Business One? SAP B1 integrates all business functions and streamlines the process to make decision-making in real-time easy. It automates your ERP for accounts and finances, thereby reducing paperwork and generating reports and invoices. Customer communication and interaction become smoother and more convenient. SAP Business One deals with the inventory and distribution department with integrated management tools. Making the most of features like shipment, supply chains, and transfers in real-time becomes possible. SAP B1 can optimize and automate all business processes and handle departments like Sales, Operation, Supply Chain, Production, and Accounts. Why Choose an SAP B1 partner? Here are the many benefits you can look forward to:
Partners generate a suitable and customized solution for your business. Things like scheme and discount management, quality management, QR-code, and digital signature, RMA, and sub-contracting become very easy with the help of a partner. It is an integrated and affordable method to get the most out of the product. And success and growth will be achieved by developing a digital solution for all your business departments. This is a reliable service for today’s industry. Sale, purchase, and accounts become effective with SAP. The software connects every process, from inventory to accounting, to control cost and scale efficiently. SAP B1 partners have Gold, Silver, Platinum Variants SAP Gold Partner Gold partners are professionals who help you with buying the software, implementing it, as well as servicing and supporting. The software gives you the option to customize according to your business needs and purpose. An expert will help you with the technical aspect of the software. SAP Platinum Partner These partners depend on holistic partner management. They program and streamline your system. The SAP partner works super efficiently at this level. They deal with business intelligence and strategies that the board of executives approved. SAP Silver Partner They assist the different departments of companies across the world. The partners handle the role of transforming the business into a digital enterprise. They identify, implement, and manage SAP services that are perfect for the customer. Also Read: How SAP Business One Helps in Improving Sales and Marketing? Benefits of having an SAP B1 Partner SAP provides partners with the necessary skill set and training so that they can efficiently help customers. They assist businesses to run smoothly and profitably. The partners help in implementing the software and offer advice on every critical problem. With an SAP B1 partner, your company cannot help but grow. SAP Business One is a single, cutting-edge, affordable, and globally accepted business management solution for small and medium enterprises (SMEs). The solution can transform your business digitally but the key to successful SAP B1 implementation is collaborating with an established SAP Business One partner. Choosing the right one from thousands of partners can be tedious and tricky. So, we have included four significant tips in this blog to identify the most eligible SAP partner for your business.
How to Know if the SAP B1 Partner is Right for You? Data reveals there are around 21,000 SAP partners across the world. Some of them are localized and some serve on the global level. But, this number makes selecting the partner more difficult. Here are the 4 tips that will help you in the search: Your Partner’s Experience Counts The SAP partner having years of experience will talk in numbers and actionable outcomes. Try to find if the partner has a proven record of successful SAP implementation in the recent past, like 2-3 months. Such a partner will be able to design, deploy, and transform your business. Picking such a partner will allow you access to complete configuration audits, control mechanisms, and best practices. Your Needs and the Partner’s Expertise should Match Most SAP partners are limited to their area of expertise. It is vital to get a partner who can analyze your requirements precisely and propose a blueprint of a solution fitting those requirements. You should check if the partner carries enough experience in situations like yours and if they have plenty of resources to give ample service and maintenance. Also Read: How SAP Business One Can Help Project-Based Manufacturers The SAP Business One partner must understand this. As such, an expert partner will first conduct an audit for your procedures to acknowledge challenges and then propose a solution. SAP Certification is Mandatory SAP is complex and needs deep expertise. SAP Certification confirms that the partner you are joining hands with to implement SAP B1 solution has in-depth knowledge of software, compliances, the customer support and is a legitimate partner. But, why SAP certification is needed for a partner to provide their service. SAP B1 partners have to follow the guidelines set by SAP to keep their status. This indicates they are regularly audited. If your partner meets all the standards and has the competitiveness to provide you with the service, you have the right partner. Such a partner will have a team of trained staff who are highly skilled to give you the best quality support. Check Service Level Agreements (SLAs) Undoubtedly, you want a safe relationship with your SAP partner. As such, a genuine SAP partner will always provide you with a complete and well-informed service level agreement covering each detail of the service. It would include schedules/timelines and business goals. An SLA gives availability, quality and responsibility for results. Conclusion SAP Business One partner makes digital transformation for SMEs convenient and remarkable. But, finding the right one from the crowd won’t be easy. Following these tips will help you get a genuine and trusted SAP B1 partner. Zoho is undoubtedly one of the best all around software and tools suites out there for businesses. It offers a wide range of tools for business operations, including a CRM system and a complete workspace platform.
To implement these software and tools for businesses, Zoho offers authorized partnerships with experts. Zoho authorized partners enable businesses to find the right concoction of tools and software suited for their business. These are certified professionals who work with Zoho to provide you uniquely designed Zoho apps and software as per your requirements. Now, the question is, how do you find the best Zoho authorized partners for your business? Let’s find out! Zoho offers complete transparency for users when it comes to partners. Businesses can choose from an elaborate list of certified authorized partners across the globe. All these partners have their qualifications, services, background and even reviews listed on the Zoho website itself. Not all partners offer the same bunch of services, in fact even partners have their unique approaches to business and Zoho tool implementation. To make it easy for you, here are a few general must haves you should look for while choosing a partner: 1. Expertise in your Required Services Not all Zoho partners are the same. They all come with different services, and teams with different levels of expertise. Zoho categorizes partners in three types: (a)Consulting Partner Consulting partners provide customers the optimum solutions around the Zoho products itself. These partners will try to understand your customer needs and ongoing business operations. They will try to create a wholesome plan for your business to integrate Zoho’s many tools for you. These partners will also implement this plant, and then train you to offer support and service via the Zoho platform. (b)Platform Partner Platform partners are further categorized by Zoho on the basis of usage. The first category will build a vertical CRM solution for you by customizing the Zoho CRM platform. They will offer you a unique Zoho platform fit for your budget, needs and support. The second category is for custom apps solutions. These types of partners will create custom applications for your business needs using Zoho’s platform for development. And they will integrate these solutions to your existing or other required third party services. (c)Technology Partner A technology partner with Zoho will enable you to integrate your existing third party business solution with a Zoho product to add value to your system. These partners generally offer a wide variety of technological requirements ranging from various industries to help you build a broadly integrated suite of complementary products and services. It is likely that some Zoho partners will offer all of the above categories. And other dedicated teams of partners focus on one aspect of Zoho services. So start with a consulting partner to first analyse your requirement before you proceed to include other partners or services. 2. Exceptional Customer Service and Support When you are choosing a Zoho partner, you want someone that will be at your support and guidance whenever the need be. You should definitely skim through the reviews and go for an authorized partner that offers their best at customer support. A partner doesn’t just set up and implement a Zoho software for your business, in fact they also follow up with your general performance. This enables them to help you grow and evolve in the scope of your business. They do this by analysing your operations from time to time and generate reports of progress for the same. 3. Zoho Training and Integration Service A Zoho partner can build, customize or implement a set of tools or software for you. But after they are done, your team will be using it. And for that, your team or you require a simple training to navigate through whatever Zoho software they have implemented for you. Look for a partner that trains your team to function at their best and make the most of the software. Also Read: Why Should You Choose Zoho CRM? Further, look for a partner that has the ability to navigate through your existing software and integrate these with your Zoho suite of software and tools. Integration services are key, because they keep your business running smoothly. Apart from the above, remember to check the background and details for the Zoho authorized partners that fit your requirement. |
AuthorDattatreya Kulkarni is the Co-Founder and Director of Praxis Info Solutions Pvt. Ltd. He is the force behind making Praxis a reality and an award-winning success. Archives
February 2022
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