SAP Business One is highly beneficial for SMEs. Here is a handy guide to highlight the SAP Business One Pricing as per different packages and models.
SAP Business One has become a must-have solution for SMEs in the short time of its release. As a robust and feature-rich business management software and referred to as ERP, SAP Business One (SAP B1) has tens of modules for running a variety of business applications across different departments of your enterprise. Purchasing, inventory, project management, human resources management, sales management, and financials are some areas where you can leverage the benefits of SAP B1. This article is about SAP Business One price in 2021.
Let’s start with helpful information related to the key features of SAP Business One and the types of businesses that can be big beneficiaries of this solution.
SAP Business One- Why Should You Go for It?
It all starts with selecting the right ERP software for your business. These days, thanks to advancing technology, you will find many options and vendors for ERP solutions in the market. This situation makes it difficult for business owners or entrepreneurs to choose the right solution. Though there is no shortcut or an easy way for this, you can count upon a vendor with a solid reputation and domain expertise for your industry.
If you run a small or midsize business with core focus on consumer products, professional services, retail or wholesale distribution, and industrial machinery & components selling, then SAP Business One should be your choice. We, at Silver Touch Technologies UK, offer specialized solutions based on the type of your business to meet all the complex needs.
Some standard ‘out of the box’ features that come with SAP Business One are-
1.Financial Management
2.Sales and Customer Management
3.Purchasing and Inventory Control
4.Analytics & Reporting
5.Business Intelligence
Also Read-SAP S/4HANA CLOUD PRICING
Talking about the SAP Business One cost, it varies based on differing licenses, editions, and payment frequencies. We will quickly go through the pricing structure of SAP B1.
Price for SAP Business One
SMBs can purchase SAP B1 with a one-time cost based on the license. However, these individual licenses does not include annual maintenance, which is necessary for bug fixing, patch releases, and upgrading the software. Each package has one license, therefore, if you wish to purchase the package for more people, you can multiply the package price by the number of users.
For one-time purchase, there are two different tiers. They are-
Starter Pack:
Starter User- £1021 Each
It is cost-effective package, but you can purchase it for maximum five users. This package is specially designed for startups and small businesses. It includes sales orders, purchasing, accounting, and item management.
Professional Pack:
Professional User- £2419 Each
It gives unlimited access to all the features of SAP Business One including sales and customer management, purchasing and inventory control, financial management, and many other features. The professional user license is ideal for mid-sized businesses.
Limited Pack:
Limited User- £1254 Each
It has limited access to a particular area. For example, finance executives would get access to SAP Business One’s financial accounting services with the help of a limited license.
You can upgrade the license any time as your business grows. You can also opt for the SAP Cloud Hosted subscription model instead of one-time license. Just like the one-time package, the cloud hosted subscription model has three tiers- Starter, Limited, and Professional. You need to pay monthly for SAP Cloud Hosted subscription model.
Another option for leveraging the benefits of SAP B1 solution is purchasing a SAP Partner Hosted Version. It includes a multi-tenant environment. Your business can gain access to a more secure network shared with many other businesses through the SAP Partner Hosted version. SAP Cloud Hosted model require three users for a one-year commitment with monthly billing. Here, you need to pay additional cost for implementation and training.
SAP Business One Cloud Model
The SAP Business One Cloud doesn’t includes implementation and training. In this model, software licenses and cloud hosting are included. Additionally, various service providers offer different packages to businesses in line with their requirements for their services. Minimum contract terms will be of one year.
SAP Business One Cloud Model Starter Pack
Starter User- £99/Month Each
It is cost-effective package, but you can purchase it for maximum five users. This package is specially designed for startups and small businesses. It includes sales orders, purchasing, accounting, and item management.
SAP Business One Cloud Model Professional Pack
Professional User- £147/Month Each
It gives unlimited access to all the features of SAP Business One including sales and customer management, purchasing and inventory control, financial management, and many other features. The professional user license is ideal for mid-sized businesses.
SAP Business One Cloud Model Limited Pack
Limited User- £107/Month Each
It has limited access to a particular area. For example, finance executives would get access to SAP Business One’s financial accounting services with the help of a limited license.
It is always better to consult a reliable and experienced SAP services provider to choose the most suitable package of SAP Business One. SMBs need to maintain a subtle balance between the requirements and budgetary limitations. A reputed SAP partner can assist them to achieve this goal.
Concluding Lines
Silver Touch Technologies UK is a renowned SAP partner. We offer end-to-end solutions based on SAP Business One to our corporate clientele worldwide. Our experienced developers can assist business persons and entrepreneurs to grow their businesses by streamlining processes and bringing automation in the system. Do you want to discuss the scope and cost of SAP Business One solution? Just drop us a line at info@silvertouchtech.co.uk, and we will gladly assist you to make the most of SAP solutions for your business.
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