How you can gain control of your subsidiaries with SAP Business ByDesign?
Subsidiaries, an important percentage of the fast-growing small and midsize enterprise (SME) population faces a distinctive challenge in this competitive business world. These businesses need a perfect solution that fits their SME needs and also integrates the subsidiaries with the corporate solutions that their headquarters uses. There comes, SAP Business ByDesign.
Headquarters business situation
You are a CFO. You,
- Keep your company’s finance healthy for your corporate environment
- Have a great system
- Have visibility of financial reporting
- Keep everyone complied
Everything under perfect control. But what about your subsidiary’s network. That gets complicated.
Subsidiaries business situation
- Different processes
- Acquisitions to integrate
- Varied accounting standards
- Lack of visibility
Anyone of these can cause a huge problem in managing your company’s money. So, it will take a turn of effort and time to keep everything in line with the standards, which will ruin the budget.
What if you had a solution that gives you the same financial control over the subsidiaries as you have over your corporate environment?
That’s SAP Business ByDesign, a cloud-based business suite with all the tools you need to manage subsidiaries and with a flawless effort. With full visibility of all your subsidiaries, you can be able to spy any red flags as soon it happens. Whether its
- Cash management
- Standardize the accounting practices
- Simplifying financial consolidations
- Integrating new acquisition quickly
SAP Business ByDesign is your ERP solution to keep your subsidiaries in line with your corporate standards. And since it does not require a big IT investment, you’ll be able to implement quickly to get the control you need to have. And so that budget is safe after all.
If you own any subsidiary and looking for an ERP to integrate them with headquarters, SAP Business ByDesign is the best fit in the market.