Singapore Telecommunications Limited (SingTel) and SAP today announced the launch of the SAP Business One hosted on SingTel PowerON cloud-based business management solution for Small and Medium Enterprises (SMEs). The solution gives SMEs the freedom to streamline and manage their sales, customer relationships, inventory, business processes and operations on-the-move via internet-enabled smartphones, tablets and PCs.
Powered by SingTel’s cloud computing capabilities, the solution is offered on a monthly subscription basis. SMEs do not need to make upfront investments in equipment and can avoid the ongoing costs of managing and maintaining complex systems and hardware. This allows them to save up to 60% on their operating costs and reduces the set-up time from months to days. (See Annex 1 for detailed cost calculation). Companies can then make the most of their scarce resources and focus on their core business activities. In addition, they pay only for what they use and enjoy the flexibility to scale their requirements on-demand to meet immediate business needs.
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