SAP Business One - Evans & Partners

SAP Business One provides investment firm with richer information for better business control

The full service investment advisory firm has been running SAP’s integrated business management software since April 2015. Finance Manager, Jim Biemond, says the system is saving processing time and providing a richer level of detail for management reporting.

“Prior to implementing SAP we were using MYOB for transactional recording and a number of large spreadsheets for management reporting. That was fine for two dimensional enquiries, but for more granular reporting, it was too cumbersome and time-consuming to produce effectively in a spreadsheet environment.”

Biemond says the business wanted a greater level of detail around its product and service offerings and wanted to see performance split by division and by state. “We also needed more detail about the revenues and related costs each of our advisors were generating.”

To solve this problem Evans & Partners engaged an independent consultant to run an RFP process to choose a new business management system. After a rigorous assessment of a number of products the firm selected SAP Business One and Oxygen, a DXC Technologies Company as its system integration partner.

“One of the advantages of the SAP Business One software – and one of the key reasons we selected it – was its ability to be configured out of the box, without a lot of time-consuming development. We were careful to define the scope of what we wanted to achieve and that paid off down the track.”

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