Fixed Asset Management in FactsERP
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What is Fixed Asset Management and Why is it Important? A company generally owns many assets like equipment, machinery, and vehicles etc,. The assets which are used for over 1 year period are usually classified as Fixed Assets. When the assets are in use, the …
Job Costing in ERP Software
Why is Job Costing Important? If you are engaged in the business of construction/contracting or project management, then tracking the costing at job or project level is crucial. The management would be interested in knowing the profitability of projects, reducing costs at project level, allocation …
Impact of AI on ERP software
What is AI and how its related to ERP There has been an increased focus on Artificial Intelligence in recent years. With the use of AI across many technologies, businesses are looking forward to implementing it. Although ERPs have been traditionally streamlining business processes, AI …
Benefits of Employee Self Service Portal
Why is ESS Portal Important? In recent times more and more employees are moving towards hybrid working. Covid has changed the way employees work and employers are allowing flexibility in working models. Although the work can be managed and monitored, the HR department should be …
Mobile Ready ERP Solution for Trading Company
Are your Sales Staff Mobile Ready? If your sales staff are on the field to book customer orders, then having a mobile ready ERP solution will be very advantageous. Especially, if you are a trading company, your sales staff should have the real time information …
Do Small Businesses Need ERP?
ERP for Small Businesses: I came across many managers and owners of small businesses asking if they need an ERP. Many of them are using accounting software and use various other tools for managing inventory or projects or HR information. However, they have issues to …
HRMS – Human Resource Management Solution
Our HRMS software from Facts comes with an end-to-end process starting from recruitment to retirement of employees. Read more about the benefits of FactsHRMS …
Stock Enquiry Management in FactsERP
Managing a Stock Enquiry If you are in trading business then your staff should always have real-time information about the stock. Especially the person responsible for facing the customer should be aware of the product availability, pricing and location etc,. This becomes more challenging when …
Warehouse Management Solution – WMS
Managing a Warehouse Managing a warehouse is challenging especially if your company deals in multiple product lines or large inventory. If you are a trading company dealing with different products and inventory then it’s challenging to manage a warehouse. As a warehouse manager you are …
ERP for Trading Companies in UAE
Why is ERP required for Trading Companies? A typical trading company buys products at the best price, stores them and sells them to customers to make a profit. It may look very simple if you read it but there are many things behind the scenes …