Philippine Business News

In the Philippines, an SME is defined as any business activity or enterprise engaged in industry, agriculture, and/or services with total assets of a value between P15,000,000 and P100,000,000.

The SME sector is the backbone of the Philippine economy. It comprises about about 99.6% of all registered firms nationwide employs 69.9% of the labor force, and contributes 32% to the economy. (source: DTI.gov.ph, Sulong Pinoy! SME Agenda).

Given these statistics, SAP has developed solutions for SMEs. Formerly providing solutions just for large companies (Honda Philippines, San Miguel Corp, to name a few), SAP now has more than 1,000 SME customers in Asia Pacific.

For the first time, SMEs has been provided a leverage to be able to stay profitable and remain competitive day after day, quarter after quarter. Small and midsize enterprises have unique needs. They must manage their operations efficiently and cost-effectively -- while overcoming the unique challenges that SMEs face. They require a cost-effective solution that can be up and running quickly -- and that will continue to meet their needs as the business grows.

SAP understands these challenges. That's why SAP has developed SAP Business One.

SAP Business One is an easy-to-use business and operational management solution for emerging and dynamic businesses ranging in size from 10 to several hundred employees. The solution is simple yet powerful, allowing an immediate and complete view of both business operations and customer activities.

SAP Business One is an affordable solution that can be implemented quickly and easily. They're scaled to grow with you as your business grows. And they're delivered through a network of qualified, professional partners. The solution incorporates CRM functionality as an intrinsic and fundamental part of core business automation for growing businesses and offers SMBs a scalable solution to support the growth of their business.

SAP Business One is a simple yet powerful business solution that helps emerging enterprises streamline their operations and provides them with access to critical real-time information. enables companies to maximize efficiency and strategic advantage across their entire business for growth and profitability today and in the future.

SAP Solutions for Growing Enterprises
Encompassing CRM capabilities as an intrinsic part of core business automation, SAP Business One supports standard business processes covering financial management, warehouse management, purchasing, inventory, and banking. Further, the solution enables corporate subsidiaries, partners and suppliers to easily integrate into the existing SAP environment of their customers, partners, suppliers or global parent corporations. Through streamlining operations and providing access to critical data, SAP Business One allows businesses to be managed in real-time to enhance growth and ensure quick return on investment.

If you want to know more about how SAP Business One could help your business become more profitable than ever, please send an email to sap@philippinetraveler.com and leave your contact information, the name and nature of your business, as well as the best time for us to call.