Modern companies collect a significant amount of customer data every day. This data contains insight into what the customers prefer, their past habits, and more. Analyzing this data and extracting actionable insight from it can be very beneficial for a business. However, this process isn’t as straightforward as it seems. Collecting and analyzing data manually takes requires a lot of time and effort and is prone to human errors as well.
SAP Business One provides a host of custom reporting and analytical tools that can be leveraged by the business owner and managers of SMEs and startups to gain insight into their customers and make better-informed business decisions. SAP Business One allows managers to create custom business reports as per their organization’s informational requirements and the critical insight they want to
capture. In addition to these custom reports, there are several ready-made and standard reports that can extract critical information from a range of different functional areas such as sales, inventory service, accounting, production, purchasing, and operations. There is an Accounts Receivable Aging Report in SAP B1 that provide information about customers.