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Top 10 Business Goals for Midsize Companies and How to Achieve Them
Learn what 1,850 midsize business leaders cited as their top business goals,
according to IDC research sponsored by SAP. And then get how-to tips and
examples of how other growth-focused companies achieved them.
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Business Goals of Midsize Companies
and How to Achieve Them
North America
TOP 10



Growth-focused businesses like yours are the leaders creating new ideas and
reshaping industries.
Your company can take advantage of the benefits of its size – such as being able
to innovate quickly with greater agility and less bureaucracy – while adapting
to
shifting customer expectations, disrupted supply chains, and uncertainty in the
market. The goal is to do all this without losing any of the aspects of your
business
that have made it great.
Discover the top 10 business priorities shared by midsize companies
and tips on how to achieve them.
2 / 15



Top 10
Business Priorities
Attract and Retain Top Talent
8
3
Increase Employee Productivity
Improve Sustainability
5
Improve Customer Experience and
Retain Existing Customers
10
9
Cost Savings and Spend
Management
Expand Into New Markets
4
Grow Revenue
2
7
Improve Margins and Profitability
Attract New Customers
1
6
Innovate with New Products,
Services, or Business Models
3 / 15
*
Source of the top 10 priorities list: “
A Guide to Growth: A global analysis of the defining characteristics of leading
midsize
companies
,” an IDC InfoDoc sponsored by SAP, January 2023, Doc. #US49859322.
*


















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SMALL AND MIDSIZE BUSINESS MANAGEMENT SOFTWARE


Small and midsize companies count on SAP solutions to seize today’s
opportunities and drive a business growth strategy.
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BUSINESS MANAGEMENT SOLUTIONS TO EMPOWER YOUR GROWING BUSINESS

SAP solutions deliver scalable reliability and the speed to achieve goals
and accelerate ROI.  Here are a few examples of how our customers benefit.


30

%

HIGHER OPERATIONAL EFFICIENCY.



 * Read the Chemanol story

80

%

TIME REDUCTION IN MONTH-END
PROJECT COSTING CLOSE.



 * Read the RPC Technologies story

33

%

REDUCTION IN DEAD AND SLOW-MOVING STOCK.



 * Read the Drylock story

 * Why choose SAP?
 * See which solution is right for you




SEE THE LATEST INNOVATIONS FOR SMALL AND MIDSIZE BUSINESSES

GROW WITH SAP FOR SMALL AND MIDSIZE COMPANIES



Adopt cloud ERP with speed, predictability, and continuous innovation. This
complete offering of cloud solutions, adoption services, and learning helps meet
your business needs along every stage of growth.




 * Learn more about GROW with SAP

BE READY: SEE IF YOUR ORGANIZATION IS ALL SET TO GROW AND ADAPT



A world of constant change and fierce competition requires solutions that help
businesses take advantage of opportunities before somebody else does. Take a
quick five-question assessment to see if your business is “seize the moment”
ready.




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EXPLORE SAP SOLUTIONS FOR SMALL BUSINESSES AND MIDSIZE ENTERPRISES

Cloud solutions from SAP provide ready-to-run business processes and
industry best practices for finance, HR, operations, procurement, sales, and
more.


GROW WITH SAP



Grow without limits and build your own breakthroughs with a ready-to-run cloud
ERP. With SAP S/4HANA Cloud, public edition, accelerate your business with the
latest industry best practices and continuous innovation. 




 * Learn more about Grow with SAP

ENTERPRISE RESOURCE PLANNING (ERP)



Accelerate your growth with proven business processes and continuous innovation.



 * SAP S/4HANA Cloud, public edition
 * SAP Business One
 * SAP Business ByDesign

HUMAN CAPITAL MANAGEMENT (HCM)



Manage an engaged, modern workforce and connect HR strategies to top- and
bottom-line results with intelligent capabilities.




 * Discover why midsize companies choose HCM
 * Explore our HCM solutions

CRM AND CUSTOMER EXPERIENCE (CX)



Connect real-time data and signals across commerce, marketing, sales, and
service to offer exceptional experiences at scale.




 * Hear how midsize companies evolve CX
 * Explore our CRM and CX solutions

SUPPLY CHAIN MANAGEMENT (SCM)



Solve your most-pressing operational challenges and respond to changes in supply
and demand at the speed of business.




 * Discover how growing companies run SCM smoothly
 * Explore our SCM solutions

NETWORK AND SPEND MANAGEMENT



Optimize processes, strengthen control over spending, and respond effectively to
supply chain disruptions.




 * Explore SAP Business Network
 * Explore spend management solutions

BUSINESS TECHNOLOGY PLATFORM



Glean actionable insight from data, unlock new business opportunities, and
innovate
faster for a more resilient organization.




 * Find out how high-growth companies adapt
 * Explore SAP Business Technology Platform

PARTNER-PACKAGED SOLUTIONS



Choose SAP-qualified partner-packaged solutions for low-risk and predictable
outcomes at attractive price points.




 * Explore packaged solutions




GET DIGITAL TRANSFORMATION TIPS FOR YOUR GROWING BUSINESS

By subscribing to our five-part newsletter, you’ll get weekly updates with a
curated collection of exclusive research reports, analyst insights, and
real-word industry success stories to provide inspiration for your business.

NEWSLETTER FOR FINANCIAL MANAGEMENT



Subscribe to our five-part financial management newsletter and discover:

 * Technologies that innovate modern finance
   
 * The benefits of integrating Cloud ERP
   
 * Real life finance strategies in action
   



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NEWSLETTER FOR MANUFACTURING



Accelerate the growth of your manufacturing business. Subscribe to our five-part
newsletter and get:  


 * Insights on digital transformation for industrial manufacturing
   
 * Customer stories showing Industry 4.0 strategies in action
   
 * A guide on how to achieve success in the new era of manufacturing
   



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TOP 10 BUSINESS GOALS
OF MIDSIZE COMPANIES




Learn what 1,850 midsize business leaders cited as their top business goals and
get how-to tips and examples of how growth-focused companies achieved them.




Read the report


  

 

NEW LEVERS FOR
GROWTH AND EFFICIENCY




Explore the latest research from SAP Insights into how growing companies plan to
manage risks and stay competitive.



Read the report


SEE HOW SMES ARE SUCCEEDING WITH SAP

Learn how SAP solutions have helped companies move faster,
adapt quickly, and outpace the competition.


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WORK WITH AN SAP PARTNER

SAP partners can collaborate with you to solve your challenges
and help you become a best-run business.


WHY WORK WITH AN SAP PARTNER?



Regardless of your company size or industry, our partners can help you buy,
build, implement, service, support, and run the SAP solution that best fits your
unique needs.

Designed for the needs and budgets of small and midsize companies, our partner
program offers:


 * Innovative, credible partners that understand your business requirements
 * Years of industry expertise and experience 
 * Locally available partners committed to customer satisfaction and quality



 * Learn more about SAP partners



Need help finding a solution?



Answer a few brief questions to help us find the right solution for you




Visit the solution finder


RESOURCES TO GET CONNECTED AND STAY INFORMED

 * WHY CHOOSE SAP?

 * SAP Thought Leadership

 * Analyst Reports

 * Webcast Replays

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THE TRANSFORMATION MINDSET

To help growing companies get in the transformation mindset, SAP Insights
conducted a study of more than 10,500 midsize company leaders
across 28 industries and 41 countries to find out how they’re transforming to
drive revenue, efficiency, and innovation.
Explore the Transformation Mindset reports, based on findings for specific
industries and job functions.

Industries

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Job functions

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SUCCESS IN THE NEW ERA

Explore these guides to becoming an interconnected business, whether you are a
retailer, a manufacturer, a high tech company, or more.

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BUSINESS REIMAGINED

Discover the latest research, trends, and insights to help midmarket companies
succeed in these IDC Info Snapshot reports, sponsored by SAP.
Plus, get a deeper dive into the topics by watching the follow up discussions
with IDC Analyst, Shari Lava.

PreviousNext



#CONNECTGROWWIN WEBINAR SERIES

Discover strategies to overcome the top business challenges faced by midsize
companies in the new market reality. This series features
discussions by industry leaders of strategies to take your business from
surviving to thriving. Sponsored by SAP, Intel, and Google Cloud.

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SAPPHIRE NOW REPLAYS

Whether you’re looking for perspective from someone who’s tackled a similar
problem or looking for inspiration and innovation from a different point of
view,
SAP has you covered. Explore the tracks below to find the best content from our
team of experts, customers, and partners to help your business run at its best.

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FREQUENTLY ASKED QUESTIONS

What are the benefits of a cloud ERP system?

As your company outgrows spreadsheets or the small business accounting software
you've relied on so far, managing all your data and activities across each
department can be challenging. A cloud-based enterprise resource planning (ERP)
system can help you streamline processes, maximize efficiency, and gain insights
across your business to improve decision-making.

Learn about the top 10 benefits of cloud ERP

How can digital technology help my business manage inflation?

Depending on your industry and specific situation, inflation can impact your
business in a variety of ways – from pressures on procurement and handling
outstanding payables to managing inventory levels. Digital technologies can
interconnect your busines and departments, leading to greater agility and more
confident decision-making.

Get tips on how to manage inflation

What are the best practices in supply chain planning?

Turbulence and volatility over the last few years have brought supply chain
management to the forefront for many business leaders'
strategies. Forward-looking businesses are using artificial intelligence (AI)
and other intelligent technologies that are widely available to dramatically
improve their supply chain planning systems.

Read how a variety of midsize companies have improved their supply chain
planning

What is business process automation?

Business process automation (BPA) has become a central cornerstone of any
digital transformation journey. Modern BPA solutions can be integrated into both
back-end and front-end applications, streamlining processes from supply chains
to HR, finance, customer service, and beyond.

Learn more about BPA

How can I streamline my financial close?

As your business grows, you face increasingly complex global accounting
challenges that can make it difficult for your small business accounting
software to keep up. By standardizing procedures, developing good communciation
strategies, and using powerful software solutions, your financial close becomes
smoother.

Read five best practices for a smoother accounting close

How can technology simplify HR compliance?

While growing and expanding  into new markets, HR compliance becomes more
complex. HR departments must be prepared to manage statutory, regulatory, and
contractual compliance in a rapidly changing landscape.

 

Modern midsize HCM and midsize ERP software can help integrate and manage data
across the company and automate real-time compliance updates.

Learn how to reduce your compliance risk



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