FACTS system is an integrated solution sharing a centralized database, with all 'users' in different departments like, HR/Payroll, e-procurement, finance/accounts, etc. Therefore, the same database is accessed through one point of entry. Data entry need to be done only once which reduces errors. Ultimately, the time and resources are shifted to innovating the process flow for efficient management, problem solving and direct service to customers, rather than inputting, processing, organizing, verifying and other related duplication of work. Thereby, making an operational efficiency which shows a direct decrease in wastage of time and money.
- Improved inventory management and reduction in the inventory and management cost.
- Improved customer service levels, material shortages and reduce the delay in items being delivered late.
- Standardized and normalized data and formats.
- Enhanced communication across functional boundaries.
- Emphasis on process orientation.
- Enhanced integration across the supply chain and business units.
- Expanded information access with appropriate user rights.
- The management gets the complete eagle’s view of the Key Process Indicators (KPI’s) of the different processes.
- Manufacturing and sales functions.
- Inventory management with real time data across the company/department.
- Product distribution and logistics.
- IT function by consolidating and standardizing diverse legacy database platforms.
- Get the right information right at your fingertips.
- Enjoy faster, precise strategic decision making with FactsERP
- Know your organization at any point of time.
- Can host the data on the cloud.
- Work from different locations in the company with unique user ID.
For Accounts Department
With the financial accounting functionality in FactsERP, the enterprise can have a secure, transparent interlinked accounting system. Improve analytical capabilities of your system; and proactively manage global business performance, reporting functionality, business intelligence functionality, reminders and milestone representing specific activities, trial balance, profit and loss, balance sheet. By improving and innovating financial processes, FACTS enables the following:
- Increase the effectiveness of compliance to the standard operating procedures.
- Comprehensive auditing and deeper reporting capabilities.
- Improve business analysis and decision support by deploying performance management tools.
- Analyze the entire enterprise performance and its resources – directly to the employees’ desktops.
- Innovate financial management strategies around business process outsourcing, supplier collaboration and customer account accuracy.
- Optimize cash flow through improved billings, receivables, collections, payments modules.
- Get rid of year ending chaos and quickly close your books of accounts. Period / year end closing was never so easy
- Get the real-time statement of accounts at any point of time.
- Powerful accounting as the backbone of the solution.
- Set and get reminders for all important events.
- Multiple budgets or department wise budgetary controls processes.
- Templates for financial statements.
- PDC handling features.
- Cheque and other air way bill printing possible.
- Flexible chart of accounts based on convenience. In a short while, user can create the chart of accounts based on their preference.
- Audit Trail of all the action taken by each user.
For IT Professionals
Having a Middle East market presence for more than 12 years, we have created Software Applications for various industries. No matter which ever kind of market or industry processes the companies are from, FactsERP can create and customize the difficult, time consuming processes for business with a total solution.
- Advanced document creation wizards.
- Powerful customizable reports in simple steps.
- Customize any field value on different screens for convenience and processes followed.
- Easy to deploy on the server machines.
- Reliable system architecture.
- Easy user access privilege settings based on the current organization chart and level wise access possible.
- User activity logs and audit trail.
- Add/Edit/Delete/Print Logs