Small and medium sized businesses are moving away from accounting solutions like QuickBooks toward ERP solutions – particularly SAP Business One. While QuickBooks works well for startups, growing businesses need the broader and deeper capabilities that ERP delivers. This page highlights the advantages and benefits that SMEs realise when they replace QuickBooks with SAP Business One.
SAP Business One vs. QuickBooks
With over 60,000 customers and one million users, SAP Business One is the top choice among growing businesses that need more than QuickBooks’s limited functionality. With SAP Business One, SMBs can serve their customers and run their businesses in ways that aren’t possible with QuickBooks – like with complete, integrated functionality in:
- Accounting and finance
- Sales and customer management
- Inventory and distribution
- Purchasing and operations
With SAP Business One, you can operate faster and more efficiently at scale because your business information is immediately accessible and secured for company-wide use.
QuickBooks to ERP
Information in QuickBooks is scattered across several applications and has no central location to perform data analysis. The result is that data must be manually re-entered into each application, leading to errors and reducing employee productivity.
Integrations beyond the core QuickBooks applications are weak or nonexistent. Organizations must manually import and export data when integrating with customer relationship management (CRM) solutions and other must-have applications. Industry-specific add-ons such as retail inventory management frequently fail due to a QuickBooks ecosystem that lacks necessary modules, widgets, and APIs.
Unlike QuickBooks, ERP systems easily account for product batches, multi-warehouse approaches, FIFO support, and various product costing measures (e.g., average and standard cost). QuickBooks is limited to basic tracking, and even that depends on desktop and web-based add-ons.
Small businesses need to continually update innovative add-ons to keep pace with larger competitors, but QuickBooks cannot support many industries, including manufacturing, distribution, life sciences, and food and beverage.
Even when QuickBooks can provide the required functionality, growth is stunted by poor system performance. When a business reaches ten users or must input a lot of data into QuickBooks, performance slows to a crawl, leaving users unable to complete core processes and reporting on time.
Infographic: Why Companies Migrate from QuickBooks to SAP Business One
Business owners open themselves up for endless possibilities when they leave QuickBooks for SAP Business One. View this infographic for the top 3 reasons they take this transformative step and improve their future.
David Leadbetter Scales More Profitably by Migrating from QuickBooks to SAP Business One
The David Leadbetter Golf Academy migrated from QuickBooks to SAP Business One when QuickBooks couldn’t manage their growth from one location to 26 global locations.
As your business grows, you’ll inevitably discover the shortcomings of QuickBooks. While it’s a great solution for starting a business, growth means you must move beyond accounting software to business management software.
Over 80 percent of our SAP Business One customers migrated from QuickBooks. Four signs told them it was time for ERP:
- Manual data entry was increasing error rates
- Lack of integration between QuickBooks and other applications had created inefficient workflows
- It was difficult to maintain visibility into growing inventory
- Poor system performance was hurting employee productivity
Former QuickBooks users stated that the negative impact on customers was the ultimate reason for switching to ERP. When customers deal with incorrect orders, late shipments, and overall dissatisfaction, revenue falls and your brand is damaged. So, when the complexity and scale of your operations outpace QuickBooks’s ability to handle them, it’s time to consider business management software over basic accounting software.
“SAP Business One has streamlined our processes and helped us become one of the fastest shippers in the industry. Whereas the competition can take several weeks to deliver an order, VIETRI can do it within 2 to 3 business days, on average.”
- Jody Davis, Customer Service and IT Manager, VIETRI
QuickBooks to ERP
For most SMBs, ERP is the most transformative step they’ll make in their evolution because it manages the entire business. Extracting the most value from ERP and transforming your business for maximum scale and efficiency requires six critical steps.
As the largest SAP Business One partner in the world, we’ve based these six steps on hundreds of successful first-time ERP implementations:
- Assess your need for business management software
- Understand the difference between ERP and accounting software
- Assess your business’s ERP readiness
- Evaluate ERP software on the market
- Select an ERP partner
- Choose the right ERP deployment option
Each step involves careful consideration, planning, and participation by multiple stakeholders from different departments and levels of your organisation. That way, you ensure proper selection, implementation, and use of your ERP software. We strongly recommend starting your journey from QuickBooks to ERP by reading this comprehensive ERP software selection guide.
Review the ERP Software Selection Guide
Are you considering moving from your current accounting application to an ERP solution? Transformative technologies like ERP software can unify a growing business’ operations and extend its capabilities beyond accounting.
Read the Graduating from QuickBooks eBook
Graduating QuickBooks? Enter a New Program with SAP Business One is written with a fast-growing business like yours in mind. This eBook describes common challenges facing companies that have outgrown QuickBooks.
On-premises vs. Cloud ERP Guide
This guide details the advantages of each deployment model and helps you decide which is best for your business.
Cloud Information Kit
Our cloud information kit is the perfect starting point to help you decide if the cloud is right for your business.
SAP Business One is ideal for a wide range of industries and provides functionality for each of them. In addition, SAP’s software development kit (SDK) has been giving software developers expanded integration points with every new product release since 2004. Combine this with Saltbox Platform by Vision33, a cloud iPaas (integration platform as a service) solution for enterprise integration, workflow, and collaboration between business applications.This enables you to customise your SAP Business One deployment with numerous industry-specific innovations from a long list of software solution providers. The result is in-depth solutions for:
- Aerospace and Defence
- Food and beverage
- Life sciences
- Oil and gas
- Wholesale distribution
The global food and beverage market is constantly changing and relies on a complex supply chain. Add new customer demands and regulations regarding traceability, quality management, and inventory control, and your business needs to access and report on an array of data in real-time.
SAP Business One customers are winning in the food and beverage industry because they use SAP Business One to:
- Comply with strict industry standards and GMP guidelines, including FDA, EMA, BRC, IFRA, and GHS
- Manage shelf life and expiry dates by tracking byproducts, co-products, yield, wastage, shelf life, expiry date, FIFO, and FEFO
- Track materials backward and forward from vendor to customer
- Calculate costs with flexible, multilevel margin calculations per article, production order, and batch
- Eliminate waste and minimize delays with advanced quality controls on raw materials and components
- Improve planning, communication, and responsiveness with advanced scheduling and production controls
- Make faster, more informed decisions with real-time reporting, dashboards, and alerts
- Easily integrate with subsystems such as SCADA and LIMS
Effective inventory controls, warehouse management, and recall features are built into SAP Business One, not bolted on as an afterthought. SAP continuously incorporates these features and functions into the product because SAP Business One was developed as a comprehensive business management software solution that handles all forms of operational data.
Huy Fong Foods Automates Distribution Operations with SAP Business One
California-based Huy Fong Foods simplified end-to-end supply chain operations by consolidating five systems into just one: SAP Business One. The intuitive nature of the software enabled the company to implement its ERP using only non-technical staff.
The supply chain network is becoming more complex. Customers want more choices, faster fulfillment, and lower prices. To meet expectations, SAP Business One gives you a single, transparent view of all your warehouse and distribution operations, which helps you deliver goods on time, boosts customer satisfaction, and optimizes inventory.
Greater Inventory and Supply Chain Management
SAP Business One provides real-time information about inbound and outbound shipments and inventory data. Whether you stock and ship hard or soft goods, food, or other items with complex serialization and lot tracking, or your services are a mix of drop ship, 3PL, and stock and ship, SAP Business One will smooth your operations and improve your operating margin. With integrated solutions for EDI, shipping logistics, and supply and inventory management, Vision33 can automate your warehouse so everything happens automatically based on a single transaction.
EDI enables wholesale distributors to electronically exchange order information with a supply chain partner without manual data entry and re-entry, which results in fewer errors and faster order completion. SAP Business One integrates your backend data (e.g., sales, invoicing, production, scheduling, and shipping data) via EDI, eliminating manual processes associated with sharing data with business partners in a format they accept.
Innovative Cloud EDI
Cloud EDI is designed and built exclusively to connect SAP Business One to a network of over 55,000 retailers, manufacturers, suppliers, 3PLs, and more. The integrated EDI solution is available on both Microsoft SQL Server and SAP HANA and enables customer- and supplier-facing EDI in a single environment.
With cloud EDI for SAP Business One, you can:
- Use standardized document formats to seamlessly interact with any partner
- Increase cash flow by reducing invoicing and payment cycles
- Send and receive real-time catalog, inventory, order, and shipping information
- Save time by no longer building individual point-to-point connections with each trading partner
Superior Auto Extras
Superior Auto Extras, a full-service distributor, manages a range of products and product variants in SAP Business One and implemented advanced inventory management so their 60 employees, 75 outside sales reps, and two distribution centers are always synchronized.
SAP Business One is an all-in-one solution that provides accurate, real-time information for managing your end-to-end operations. The platform integrates features unique to discrete, process, and project manufacturing, including:
- Profitability measures
- Supply chain management
- Shipping logistics
- Advanced manufacturing capabilities
Because SAP Business One maintains a full, 360-degree view of your operations, it delivers the broadest set of features and functions on the market:
- Opportunity management
- Advanced inventory management
- Project-based purchasing
- Comprehensive project management
- Partner updates and news
- Real-time, cross-functional reporting
- Time and materials management with a built-in MRP system
- Process-oriented bill of materials (BOM)
- Centralized sales order entry
- Change order management
- Customized quality controls
- Production management, including planning and scheduling
SAP Business One simplifies BOM management. The platform’s advanced real-time reporting lets you control user rights and offer BOM reporting views that display only the information employees need to do their jobs. Because SAP Business One stores all its information in a single database, all product data is captured in a single record. This centralizes the information from your engineering, manufacturing, and purchasing BOMs along with data for packaging, quality inspection, and identification labels. This ensures you produce and ship products exactly as specified.
Advance Adapters Exceeds Revenue Doubling
The highly complex products of Advance Adapters require detailed information-sharing with customers and prospects. The manufacturer switched to SAP Business One and more than doubled its revenue by streamlining customer views and feedback on project-specific data.
SAP Business One can manage your entire life sciences business, from inventory control to production and customer relationship management. The system can automate processes and bring sales transactions, supply chain logistics, warehouse management, and accounting capabilities under one platform. You also gain reporting capabilities specific to medical device companies, as you can access real-time information and view all operations in one place.
Meeting FDA Requirements
Regulators want to know your business has the proper controls, particularly for CAPA collection, analysis, resolution, reporting, and trending. With SAP Business One, your medical device company can produce documents and evidence to prove you’re following standard operating procedures (SOPs).
Your medical device company must provide quality management for class I, II, III, and IV medical devices, including quality standards compliance (i.e., TS14485 and ISO 9001). SAP Business One configures workflows and provides quality check procedures; after measurements are defined, the system sets up the acceptable quality level at each production checkpoint to ensure components don’t proceed until they meet that checkpoint’s criteria.
Traceability and Product Recalls
SAP Business One includes serial number traceability to help companies ensure products are tracked accurately through all stages. The system can manage UDIs, guarantee traceability, and enable your company to properly and efficiently manage recalls.
Avinger Transforms an Entire Business
Medical device company Avinger implemented SAP Business One to transform their business and prepare for growth. Today, they manage everything better with their finance, supply chain, logistics, and warehouse management under one platform.
Growing small and midsize businesses perform better when using an ERP system that delivers features, functions, and workflows that match their company- and industry-specific needs. Vision33 has extensive expertise in planning and implementing SAP Business One to enable industry-specific processes that work the way your business works.
Whichever industry you compete in, powerful SAP Business One customisations and add-ons optimise the platform’s value. Our SAP-certified consultants will deploy SAP Business One to maximize your company’s unique differentiators, and SAP Business One’s broad range of capabilities will speed your operations and expand your market reach.
“Vision33 helped us transition to the cloud with SAP Business One. Not only can our sales professionals perform better from wherever they are, we have one place where all information can be found."
Craig Bean, CB Medical
The Saltbox Platform by Vision33 is a cloud iPaas (integration platform as a service) solution for enterprise integration, workflow, and collaboration between business applications. It provides a long list of pre-built connections for common business applications, including Shopify, HubSpot, and Salesforce; it also offers technology connectors for SQL Server, JSON Converter, SAP HANA, REST API, and SMTP.
These integrations supercharge your SAP Business One environment and increase the value from existing business applications that integrate with SAP Business One. To learn more about the Saltbox integration platform.
Vision33 offers two value-add web portals for SAP Business One:
- Customer Portal
- Employee Portal
Each portal makes SAP Business One a powerful enabler for speeding daily work while relieving your staff from the burden of mundane support tasks.
The Customer Portal gives customers a secure, flexible, and personalised self-service gateway to retrieve and interact with information in a standard web browser, making it convenient for your customers to make online payments and manage orders without your help.
B2B Marketplace is an exciting extension to the Customer Portal. Companies using B2B Marketplace with SAP Business One can offer their customers a complete B2B shopping experience by giving them online access to order and account information in a familiar shopping cart format – anytime, anywhere, on any device.
B2B Marketplace offers:
- Easy access to account information
- Advanced reporting and analytics
- Support for multiple currencies and languages
- Access to order history
- Catalogue views
- Multiple payment options
Juice Beauty Expands as Business Complexity Grows
Vision33 implemented an SAP Business One add-on for inventory management of ingredients and integrated ERP with Juice Beauty’s product warehouse distribution center. As a result, the manufacturer of organic beauty products has grown revenue 50% by better managing complex product development cycles and batch control of USDA-certified ingredients.
Emerald Home Furnishings Manages Growth to Exceed $100M
The furniture manufacturer required an ERP system to better manage large amounts of inventory subject to intense scheduling requirements across multiple locations. Vision33 implemented SAP Business One and integrated it to Emerald’s existing beas system, and the company now competes for larger contracts against bigger competitors.
The Fruit Company Optimizes Product Traceability
Vision33 implemented SAP Business One and trained The Fruit Company to improve the accuracy and efficiency of their purchasing, warehousing and shipping. Today, the company maintains complete and real-time product traceability in less time, with maximum accuracy.
SAP Business One incorporates a wealth of core capabilities that will drive your business efficiency and position your company for profitable growth. The platform’s five key features deliver unsurpassed operational benefits, including:
- End-to-end business automation
- Accurate real-time reporting and analytics
- Complete operational visibility and control
- Access to critical data anytime, anywhere
- Rapid time to value
Improve margins, reduce errors, and drive more profitable decision-making with a complete set of tools for streamlined financial operations.
Sales and Customer Management
Oversee the sales process and customer lifecycle more efficiently, from initial contact to final sale, after-sales service, and support.
Inventory and Production Functionality
Gain complete control in warehousing, inventory, stock movement, production, and MRP and make faster decisions based on detailed reporting for all areas.
Reporting & Real-time Analysis
Empower your employees to make smart, confident decisions faster by capturing all critical information and making it instantly available company-wide.
Business Intelligence (BI)
Create timely and accurate reports based on company-wide data with analytics and reporting tools.
Vision33 is the only SAP Business One partner that holds the AWS SAP Competency, and our Global Services group routinely helps SMBs expand into new geographies, making us the ideal implementation partner for growing businesses. Post-implementation, Vision33 continues to deliver value through our industry-leading support program, TOTAL Care, and ongoing ideation and implementation services from our world-class consulting team. They help customers continuously innovate using the best industry-specific add-ons and integrations to support new business initiatives and evolving market demands.
How to identify the right ERP partner
This insightful blog explains how to develop an ERP vendor shortlist. Our Global Services team can help you expand into new locations and implement SAP Business One wherever needed.
Tolteca Foods Gains Inventory Insight, Then Expands
The largest U.S. distributor to Mexican restaurants initially engaged Vision33 to implement SAP Business One to gain visibility into inventory. Based on that success, Vision33 helped Tolteca transform their entire operations and provides ongoing TOTAL Care services to support Tolteca’s goal of continuous service level optimisation.
Get Started with SAP Business One
Vision33 makes it easy for you to learn more about SAP Business One and how it compares to NetSuite and other ERP Solutions. Leverage the 9-Point Comparison Guide. It’s the best place to start.
Get in Touch
Vision33 Inc. is a global IT professional services consultancy that solves customer business challenges through the promise of technology and the value it delivers. Get in touch and see how an ERP can help your business.