1. The biggest problem for Wolf Peak was the software package they selected as an upgrade was expensive and much more sophisticated for the people using it. The company paid a lot of money to have a new system, but they had no one that had the knowledge to use the software for business decisions.
Other problems included developing reusable reports and converting prior account history into the new software package. These problems were time consuming and expensive. Extra work required IT consultants to assist the company adjust to the problems. In result to hiring new help, more money was involved. The new system became a financial disaster requiring the search for another software solution to bail the Wolf Peak out of a bad situation.
If the company would have done more research before choosing a system, they may have had more success. Though it would have cost money to hire a financial advisor and an IT specialists to explain software options prior to their investment, Wolf Peak would have been better off.
2. SAP Business One was an integrated business management software package designed specifically for companies like Wolf Peak. The package was much more affordable and had a rapid return investment compared to QuickBooks. The software was relatively easy to learn for new users. It was a simple system that provided consistency and effectiveness for associates. The application greatly improved sales, finance, purchasing, inventory, manufacturing, and provided a up-to-the-minute view of business transactions.
3. Yes, I believe SMEs could benefit from implementing integrated business software like SAP Business One. The software gives companies the ability to easily manage inventory, receiving, warehouse delivery, shipping, and all the other aspects of warehousing. Business transactions such as sales, finance and purchasing become more simplified and gives companies a bigger profit. The simple layout of SAP Business One and software that is similar has given...