This client deals with import of vegetables and fruits in the UAE. In order to process and monitor their import trade activities, it was necessary for them to deploy a reliable trading software solution and FactsBMS was customized to match the requirements.
FactsBMS provides a comprehensive solution to manage all kinds of purchase transactions. Inventory module mainly includes purchase order to local Vendor, Goods Receipt Note (GRN) and Production Entry process. Goods Receipt Note (GRN) is prepared based on the supplier entries. Otherwise it is prepared by weighing done during the generation of inward receipts. FactsBMS provides foolproof accounting integration mechanisms to handle all the account receivables as well as the payments. Account receivable module is used to generate Export Invoice (EI), Packing List (PL), Certificate of Origin (COO) and Shipping Bills (SB). Purchase invoices and Sales invoices affects the stock as well as accounting entries in the system.
Apart from the core modules, FactsBMS also helps in tracking Shipment Schedules, Container Tracking, Palleting and Air Shipment. For unified information of everyone in the company, Shipment schedule of various vessels to different destinations, which is declared time-to-time needs to be entered in the system. Application is submitted for shipping bill. During submission, the opted export incentive scheme has to be mentioned.