Is It Time To Replace Your Legacy ERP System With A Modern Cloud Solution?
As the years go by, most companies and organizations are forced to replace their legacy ERP system with a modern cloud-based solution. This process can be a difficult one and many organizations struggle with the thought of moving from their decades-old legacy system. It’s not …
Reasons Why You Should Consider ERP for Digitizing Your Inventory Management
E-commerce businesses are always looking for ways to improve their inventory management systems. One option is to implement an ERP system, which will help you gather and manage data to improve your business performance. Here are the reasons why you should consider ERP for digitizing …
ERP Solutions: How ERP System Can Improve Your Business Efficiency.
ERP is a software solution that has been around for decades, but only recently has it become a popular tool for every size of business. It’s not just big businesses like Amazon and Google that use ERP software, but it’s also a critical part of …
Business Intelligence and Reporting in FactsERP
The most important asset for companies now is the data. With a business system like FactsERP, the data can be captured at multiple levels. Data is only useful if it can be analyzed and better informed decisions can be taken using the analysis. Hence, FactsERP …
Fixed Asset Management in FactsERP
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 …
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 …
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 …