Raffles Lease Pte Ltd anchors competitive advantage
with SAP Business One
Nature of Business
v Large container leasing for the marine industry
Challenge
v Previous system unable to handle large volume fixed assets
v High total costs of ownership (TCO) for previous system
v Need for several multi-currencies
v Instability in web-based system results in frequent down-time
Solution
v After consultation, other challenges were uncovered. These include the lack of a
Customer Relationship Management (CRM), and proper reporting tools
v AFON recommended SAP Business One for its powerful reporting features,
Financials and CRM components
v Complete training to ensure that end-users are able to adapt to new system
Results
v 50% reduction on overall software costs, TCO significantly decreased
v Real-time financial consolidation without the instability associated with previous
system
v Improved clientele management; essential for networking-based industry
v Ability to manage large volume fixed assets with assets listing, and report in
various multi-currencies