SAP B1 is an enterprise resource planning (ERP) software specifically for small to medium-sized companies with their unique and ever-changing requirements. “Before this, our financial statements, cash advances and liquidation processes really did not have a system. If there were, it was painfully slow,” said Frederick Montaner, EVP of Lamonte. “Through SAP B1 and our partnership with Fasttrack, now we are able to generate reports fast. It’s a really big help.”
Lamonte, founded 22 years ago, specializes in providing marketing services to consumer-oriented companies. It counts among its clients top players in the food, beverage, drug, personal care and telecommunication industries.
Despite its relative success in its core business, its nationwide coverage and trained and experienced manpower, Lamonte always knew it could use some help in managing its financial information especially as it related to other business units in the organization.
Its acquisition of the SAP B1 software has enabled Lamonte to generate financial reports in real time, monitor, trace and reconcile transactions and print external forms. “We have done away with working extended hours. Our people are more efficient, more productive and more focused. SAP B1 has done wonders for us and because of this, we are in a better place to do wonders for our customers as well,” added Montaner.
Fasttrack provides implementation and consulting services to the Philippines and international market, sharing best practices and improving businesses worldwide. It holds the record for successfully implementing the largest SAP Business One installation in the Asia-Pacific.