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Fast Track SBOI: The Ideal ERP Consultation Partner
The idea to scale up, though enticing, isn’t quite a smooth course. Most enterprises emphasize only on their core competency—the product— while expanding, but, they fail to comprehend that there is a “tipping point” lurking around somewhere else. “Enterprises, especially SMEs, are unable to optimize their resources properly and thus experience numerous difficulties in effectively monitoring their back-end operations as they expand. What they need is an integrated ERP system that imparts global visibility of all the operations,” remarks Hong Gek Yeow, Executive Director of Fast Track SBOI. The Malaysia-based company acts as the perfect ERP consultancy partner with end-to-end implementation assistance of the SAP Business One ERP platform in combination with tailor-made add-on modules for clients.
Awarded as one of the gold SAP partners, Fast Track operates based on a model it calls the ‘4P Principle’ which signifies People, Product, Project, and Productivity. Comprising of world-class, industry-certified professionals, the company provides the SAP Business One platform with customized add-on modules to ensure that clients receive an ERP product that suits their necessities, is scalable and affordable. This combination of the right people and the right product paves the way to successful project implementations in client environments through Fast Track’s efficient ‘FTIS’ implementation methodology. The procedure lowers deployment failure rates considerably through an organized, step-by-step process. In the primary ‘Business Process Mapping’ step, Fast Track configures the ERP solution according to a customer’s requirements, followed by comprehensive SAP training services for the client’s team.
Awarded as one of the gold SAP partners, Fast Track operates based on the ‘4P Principle’ which signifies People, Product, Project, and Productivity
The final ‘User Acceptance Test’ step ensures that the installed ERP system successfully delivers according to the client’s necessities. This whole process allows organizations to utilize their resources better and enhance overall business productivity in the long run.
“Being an integrated ERP system that streamlines all business operations in supply, finance, production, CRM, and more, the SAP Business One platform eliminates unnecessary manual activities and allows employees to focus on more productive organizational activities,” mentions Hong. The system assists clients to match production with sales orders, make data-driven decisions with faster analytical reporting, identify additional revenue streams, reduce inventory turnover times with real-time inventory management, and improve customer relationships. However, it’s the add-on modules developed by Fast Track’s highly experienced team that provides the firm a competitive edge over its peers. The company has developed over 50 add-on modules that cater to different verticals such as logistics, sales, and inventory management for multiple industries. In addition, Fast Track also focuses extensively on developing more innovative, mobile solutions based on latest technologies.
The case of a publicly listed Malaysian firm involved in the trade of traditional Chinese medicine highlights the unprecedented value Fast Track has been delivering since its inception. The organization faced immense challenges in monitoring its inventory, especially the expiry dates, which escalated inventory costs, significantly curtailing the company’s profit margins. Managing debtors turnover is also another challenge faced by the organisation. To combat the situation, the firm partnered with Fast Track and implemented SAP Business One as its core ERP System. Leveraging Fast Track’s comprehensive customer advisory services, the firm gained global visibility over its inventory management processes and reduced its inventory turnover by 70 percent.
Putting the SAP Business One platform at the forefront, Fast Track aims to become the perfect ERP Consultation partner for SMEs in this digital transformation era. Hong believes the key to success for modern businesses lies in the integration of all online and offline manufacturing, logistics, and data management processes and Fast Track would advocate this together for customers with SAP.