Analytics capabilities in SAP Business One
SAP Business One is one of the best ERP (Enterprise Resource Planning) systems in the world targeted at SMEs. Leverage the power of the in-memory database and platform of SAP HANA to transform your business to run smarter, faster and simpler in a digital world.
SAP HANA is an in-memory computing platform for SAP Business One that increases the speed of application performance and allows you to analyze large amounts of data in real-time. SAP Business One powered by SAP HANA removes layers of complexity and unnecessary business costs found in legacy IT architectures so your business can run smarter, faster and simpler.
With SAP Business One, the SAP HANA version, we can access reporting and analytics features which function to analyze data and help determine business decisions quickly and precisely. which consists of several features such as:
- Cashflow Forecast
- Pervasive Analytics
- Dashboard KPI
- Excel Reports
Cashflow Forecast
There are lots of movements that occur in cash flow starting from Cash in bank, debtors, creditors, open AP invoices, open AR invoices, open purchase orders, sales forecasts and others. This feature contains a complete, accurate and real-time overview of your cash flow. It also functions to predict the future both in terms of our current business position and future prospects with predictive analytics. This feature can also allow us to take into account recurring POs and Sales Orders as well as sophisticated calculations for all financial receipts and expenses in the form of sales or purchases.
Pervasive Analytics
With this Private Analytics feature, you can design KPIs and dashboards according to your wishes. Pervasive Analytics is also real-time analytics that reflects ongoing transactional activities, and helps front-line employees see data relevant to their work when needed. You can also access and visualize data in a customized way. This feature also provides several standard KPIs and dashboards. SAP has made KPI and dashboard reporting easy by defining datasets for users. To create your KPI or dashboard, simply drag and drop the reporting you want to know about on the Dashboard later.
Dashboard KPI
With proper authorization, users can create their own dashboard views. Or users can choose from one of the standard SAP cockpit views - Sales, Purchasing, Finance and Inventory are the standard cockpit views available. A flash of information will show your revenue per customer and the number of orders.
Excel Reports
SAP Business One also provides retouching and analysis features in the form of MS Excel, which is like carrying out calculations on Excel data after the report is generated.
The following is an explanation of the Analytics Capabilities in SAP Business One. Check out this interesting article about other features in SAP Business One. Stay Tuned
