The COVID-19 coronavirus pandemic has completely altered our rhythm of
lifelike no other event.
While nations are suffering major losses of life and everyday
disruptions due to the crisis, it can easily be said that we are yet to find an
ideal measure to control the pandemic and with an effective cure for the virus
yet to be developed, the world has entered into a major damage minimization
phase.
How are businesses responding to COVID-19?
As we take a moment to think of the health and safety of our families,
friends and communities, we are already deriving indications of vast scale disruptions
to business processes all across the globe.
We are faced with a fundamentally challenging scenario and the resulting impact from the crisis will sure last even after the pandemic passes. Many are
even predicting that a coronavirus economic depression is inevitable.
The COVID-19 pandemic is shaping to be a global outbreak of exceptional standards.
It poses a situation much beyond the control and experience of businesses and the
extreme scope of uncertainty has confused business leaders with deriving
effective measures to mitigate its impact to the highest possibility.
What lies beyond the times of this
pandemic?
Estimating the impact of COVID-19 pandemic on the global economy and
business scenarios is impossible. Companies of all scales are experiencing
their share of disruption resulting from the crisis. Experts predict the
COVID-19 pandemic to impact the global economy three to four times more as compared
to the SARS outbreak of 2002-04.
Despite the highly fearful situation, we will recover like we always
have. As we face the Herculean task of fighting against the coronavirus outbreak,
we should be unhindered in our approach to win the battle against this crisis
and protect lives and livelihoods of billions.
How can SAP solutions be justified as relevant
during the COVID-19 crisis?
SAP Business One services support company management tasks and
centralize, automate and upscale the complete aspects that are associated with
any organization’s operations and functionalities.
SAP strategies of delivering Intelligent Enterprises through the adoption of
automated ERP solutions such as SAP for small businesses have become more
relevant than ever. A shift to adopt digital transformation helps deal with
disruptions in the supply chain, from travel restrictions as well as support
remote working environments.
SAP has a reinforced network and eco-system of service solutions that
can grant businesses the undeniable opportunities to mitigate COVID-19 impact
and deliver an efficient, productive and reliable platform to work towards sustaining
business functionalities for the period of crisis and beyond.
As we work our way through the treacherous
beginnings of the new decade, it is essential to respect the unparalleled scale
of the crisis and ensure absolute safety for the communities.
It becomes of utmost essential to stay committed
towards our long-term goals and dreams while altering our approach to emerge
safely from the crisis.
Respond to the COVID-19 crisis and be an
intelligent enterprise with Vestrics enabled SAP Business One in India.
