Mobile app: Extending the power of your ERP
As mobile devices become more prevalent in the workplace, businesses are seeking ways to streamline their operations and increase efficiency. Enterprise Resource Planning (ERP) software has traditionally been the go-to solution for managing business processes and data, but the rise of Progressive Web Apps (PWAs) …
ERP Implementation Challenges and Solutions for Pharmaceutical Industry
Pharmaceutical production companies are highly regulated and operate in a dynamic and competitive market. To remain competitive and compliant, these companies need to manage their production processes efficiently and effectively. One way to achieve this is by implementing a customized ERP solution. However, ERP implementation …
Improving Supply Chain Management with an ERP System for Foodstuff Trading
As the foodstuff trading industry grows and evolves, supply chain management has become more complex and demanding. In order to stay competitive, businesses need to have an efficient and effective supply chain management system in place. This is where an ERP (Enterprise Resource Planning) system …
Trends in ERP that will accelerate throughout 2023
Enterprise Resource Planning (ERP) systems have become a critical tool for businesses of all sizes to manage their operations efficiently. Over the past few years, we have seen several trends emerging in the ERP space, and many of these trends are likely to continue to …
Why the Future of Distribution is in the Cloud-based ERP Software?
In today’s fast-paced world, companies are always on the lookout for innovative ways to streamline their operations and cut down on costs. One of the most significant areas where businesses can benefit from technology is distribution. In recent years, cloud computing has emerged as a …
9% Corporate Tax Coming Soon: What UAE Companies Need to Know for 2023
From 1st June 2023, a new 9% corporate tax rate will be implemented in the UAE, which was announced by the government on January 31, 2022. In the past, only a few industries, such as resource extraction and foreign banks, were subject to corporate tax, …
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 …
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 …