SAP Business One is an affordable, easy-to-use business management solution designed specifically for growing small to midsized businesses and subsidiaries. SAP Business One is not a scaled-down version of the larger SAP products.
From financials and accounting to inventory and customer relationship management (CRM), all of your key business areas are integrated to provide clear visibility into your entire business. By capturing data into a single centralized location, you can access critical real-time information to make fast, informed decisions.
SAP was founded in 1972 by five German engineers that worked for IBM in Mannheim, Germany. The company originally took the name SAP from the abbreviation for Systemanalyse und Programmenentwicklung (‘systems analysis and program development’ (German)).
In the 1970’s, SAP initially struggled to sell the concept of a completely integrated software product that could be adapted for an exact fit in running all of a company’s processes. However, by the 1990’s, SAP had grown from start-up obscurity to the business software applications vendor of choice for nine of the ten largest U.S. corporations, one-third of the Fortune 500, seven of the ten largest Business Week Global 1000, and 80% of the Fortune 100 companies in software, computers, peripherals, and semiconductors.
In 2001, SAP made the acquisition that would result in the company’s entry into the small business space. It purchased TopTier Software, an Israeli company specializing in portals, along with its sister company TopManage, which was a developer of small business software. TopManage’s product became SAP Business One.
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