SAP Business One – GST enabled Conference 25th May 2017
With speakers of SAP Business One and GST on 25th May 2017 marked a day of new prospects. With the new tax reform in place GST will act as a unified taxation system. This is a huge leap from the current taxation system. Business will be affected and it’s necessary to streamline the flow of work and run it at ease. SAP Business One will act a pivot for companies to make a frog leap into the future of business. With its ability to adopt to changes, SAP Business One has proven yet again a pioneer to adopting this new tax reform and function effectively across business processes.
The conference primarily focused on the implications of GST and how SAP Business One is the tool to be taken up to ease the process. Speakers for the event were Mr. Naagraj, Mr. Nikhil and Mr. Yash Tandoon. At BKC, SAP HQ the conference highlighted the whole conundrum that has risen up in terms of the effect of GST on all businesses.
Speaker: Anil Marali
SAP Business One Features & Benefits:
Managing ledger, journals, budgets, and accounts receivables and payables.
Manage the entire sales process from first contact to closing the sale and from customer data management to after sales support.
Control the entire procurement process.
Manage inventory across multiple warehouses and locations, and track and record stock movements.
Create, manage, and distribute reports that help foster clarity in your business
using newly streamlined operations instead of reacting to details of day-to-day tasks
by instantly accessing the information necessary to make confident business decisions
with a single, integrated system that improves process efficiency, minimizes costs and delays, and strengthens your bottom line
via centralized information that makes it easier to manage customer communication and sales contracts
by using a system that can be implemented quickly, is uncomplicated to maintain, and minimizes end-user training
Designed specifically for small businesses, SAP Business One is a single, affordable solution for managing your entire business with greater clarity, including accounting & financials, sales, CRM, inventory, production, reporting, purchasing, and operations. SAP Business One helps streamline your end-to-end operations, gain instant access to complete information, and accelerate profitable growth. By centralizing your information, you can easily share information between business departments instead of duplicating it, which lowers your administrative costs and gives you more time to make confident and educated business decisions. (source:bluekey)
Speaker: Mr. Naagraj
An affordable and scalable ERP solution powered by HANA to enable better decisions for business growth GST (Goods and Services Tax),now a tax law awaiting implementation is a comprehensive indirect tax levy on manufacture, sale and consumption of goods and services at the national level.It will replace and subsume all indirect goods and services taxes levied by the Indian Central and State governments.GST will bring an array of opportunities forbusinesses to transform and grow in the new digital economy. However, businesses need to be prepared in advance to leverage these opportunities. SAP Business One 9.2 is a fully integrated Enterprise Resource Planning (ERP) solution.You can improve processes across your business–from manufacturing to sales and service– and take advantage of every opportunity.
For more information on GST enabled SAP Business One