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The reason why IC design company uses SAP Business One software within the company!

2025-02-24 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > Database >

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Due to the high technical threshold, large scale of investment and scarcity of high-end talent, what is the first impression left by Chinese chip design companies? Is it a high-tech company or a rigid and serious science and engineering enterprise? When we stroll in Beijing, Shanghai, Shenzhen and other major high-tech industrial parks, we can always see some IC design companies.

Some of these IC design companies, large and small, all over the country, like Hayes, are committed to developing the world's leading chips; some, like ZTE, have products at home and abroad, trying to sell Chinese products to the world; and some are deep in a single field and become the first in the world in a certain market. Their success in the external market is also inseparable from the efficient internal management. The data also indicate that SAP Business One software is widely used by large and well-known chip design companies.

SAP software can play a positive and effective use internally, that is, standardizing financial management and cost accounting. The financial module can help enterprises to achieve comprehensive system integration and data standardization.

SAP system can provide a comprehensive cost accounting scheme for IC design enterprises, combined with joint products, processing and testing costs, yield for overall accounting, in line with the ICD industry to track the cost of each project, each order and each batch number to achieve fine cost management. The SAP system strictly follows the audit requirements of listed companies and can speed up the listing of companies.

SAP system is a management information system for growing enterprises, which has a high degree of integration of enterprise resources integration and business process management, improves accounting efficiency, provides a simple solution for cost accounting and profitability analysis, and the financial module meets the audit requirements of domestic and global accounting standards. From the perspective of the application of financial accounting, SAP system has great advantages.

With the help of SAP financial management, IC design company can real-time and quickly cost accounting, accurately obtain the actual cost of products, so as to facilitate the analysis of sales profits; facilitate the recording and statistics of the R & D cost of each project, and at the same time allocate the R & D and mask costs to each product; allow multi-dimensional management of the cost center, and provide financial information analysis functions that meet the needs of the enterprise. Users can easily and quickly generate any number of financial statement templates. Users can create templates for any purpose, such as additional income statements; support automatic conversion of multi-currency transaction exchange rates to support local and IFRS standard reports, and support multi-company financial group reporting business consolidation.

This is why IC Design uses SAP Business One software internally. Shanghai Yuanyuan summary!

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