Ever-changing requirements and increasing competition have put the startups and SMEs in a vulnerable position. Thankfully, SAP Business One lends a helping hand for startup owners and entrepreneurs for dealing with the competitive scenario. As the software is specifically developed by keeping the requirements of SMEs in mind, its price also remains within their reach. Here we will discuss the cost of SAP Business One ERP software and cost affecting factors.
SAP Business One- Cost Affecting Factors
SAP Business One (B1) is one of the most scalable and powerful ERP solutions that can grow as your business develops. It means that you can readily add new licenses and users at any time. Top factors that decide the SAP Business One cost are-
You can either opt for a Professional License or Limited License. It depends on your business model and size.
The SAP Partner can implement the solution in your business system. It is advisable to consult an experienced and reputed SAP B1 implementation partner to ensure a seamless performance. A certified SAP services provider can also offer training along with a perfect implementation.
Here, the number of users is important for both licensing and implementation. The cost is decided on the basis of this number.
- Add-on products
SAP Business One meets almost all requirements in accounting, sales, purchasing, inventory, CRM, fixed assets, services, etc. Some companies have developed add-on products to expand the functionality of SAP B1. You can readily integrate add-ons for managing payroll, bar coding, shipping, and transaction-related processes. SAP Business One has over 400 add-ons that you can use as per the need.
Support services have an additional cost. It is necessary to keep the software away from hackers and vulnerabilities. Also, the support services can keep your software version updated and free from bugs.
How much does SAP Business One cost?
Considering all these factors, the starting price for the fully-integrated SAP Business One solution is £30,000 in the first year. Talking about the licenses, a Professional license costs you around $3213, whereas a Limited license has a price of $1666 each. A Professional user has to spend $94 a month/user and a Limited user needs to spend $54 a month/user. You can also opt for a prepaid option for a one-year subscription. If you want to purchase a license along with cloud hosting, then you need to pay a little more.
SAP Business One has introduced a Starter Package for SMEs and startups. Its license has a one-time cost of $1357. Monthly charge is $39 per user for this package. Companies can also get a one- year commitment by paying an annual subscription. The Starter Package is made for only one to five users, and therefore, it has limited scope and functionality.
Important Note: This is based on the latest SAP price list and is a very rough guideline to the costs. Pricing may vary depending upon the user and customization of the software.