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Notes from the field on InvoiceNow, Family Wealth Guru, implementation, and the FACT ERP.NG configuration model. Search the library, filter by topic, and open the full post.

E-INVOICE

FACT is E-Invoice Compliant

The Government of Malaysia has made e-invoicing mandatory for firms with a turnover over MYR 100 million starting 01 August 2024. FACT will help you get compliant with Malaysian business and tax requirements.

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GST InvoiceNow timeline for FACT ERP.NG
InvoiceNow

User Guide: GST InvoiceNow with FACT ERP.NG

Learn how FACT ERP.NG simplifies e-invoicing under Singapore’s GST InvoiceNow soft launch, helping businesses stay compliant and efficient.

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InvoiceNow user guide for FACT ERP.NG
InvoiceNow

User Guide: InvoiceNow with FACT ERP.NG

Get a hands-on demonstration of how to send, receive, and process e-invoices using InvoiceNow through FACT ERP.NG.

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FACT ERP.NG InvoiceNow and Peppol
InvoiceNow

Go Green, Go Digital: InvoiceNow with FACT ERP.NG

Discover how FACT ERP.NG seamlessly integrates with Singapore’s nationwide InvoiceNow network to transform e-invoicing.

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Data Over Decades : FACT’s Multi-Year Setup!

In today’s fast-paced world, it’s crucial for growing businesses to stay ahead of the competition. One of the most powerful tools a business can harness is a Multi-Year Setup! When utilized efficiently, it can significantly boost a business’ productivity and provide deeper insights for long-term growth of the company. Information is Power – In the ... <a title="Data Over Decades : FACT’s Multi-Year Setup!" class="read-more" href="https://factsoftware.com/data-over-decades-facts-multi-year-setup/" aria-label="Read more about Data Over Decades : FACT’s Multi-Year Setup!">Read more</a>

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Unlocking FinTech Success : How ERP Solutions Revolutionize Operations

The landscape of the FinTech industry is dynamic and evolving, companies face a myriad of challenges as they strive to deliver innovative solutions. To overcome these obstacles and streamline operations, many FinTech firms are turning to the power of Enterprise Resource Planning (ERP) software. Let’s explore how ERP helps in optimizing business operations in the ... <a title="Unlocking FinTech Success : How ERP Solutions Revolutionize Operations" class="read-more" href="https://factsoftware.com/unlocking-fintech-success-how-erp-solutions-revolutionize-operations/" aria-label="Read more about Unlocking FinTech Success : How ERP Solutions Revolutionize Operations">Read more</a>

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Crafting Efficiency : ERP in Modern Manufacturing

In the fast-paced world of manufacturing, efficiency is key to success. The manufacturing industry is fundamental for development, playing a pivotal role in transforming raw materials into finished products. This multifaceted sector encompasses a diverse range of activities. However, there are issues that each sector may face in today’s world without technology. With the evolving ... <a title="Crafting Efficiency : ERP in Modern Manufacturing" class="read-more" href="https://factsoftware.com/crafting-efficiency-erp-in-modern-manufacturing/" aria-label="Read more about Crafting Efficiency : ERP in Modern Manufacturing">Read more</a>

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Quality Assurance Statement

In the world of ERP, the implementers try to keep the user engaged by selling more and more Man-hours as a straightforward way to earn more business. However, at FACT we have a simple Policy – User First. To prove our commitment to our valued users we provide them with a “Quality Assurance Statement”. What ... <a title="Quality Assurance Statement" class="read-more" href="https://factsoftware.com/quality-assurance-statement/" aria-label="Read more about Quality Assurance Statement">Read more</a>

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Unlocking the Retail Potential : How FACT ERP.NG Empowers Businesses to Thrive

Are ERP softwares only for MNCs who have a lot of inventory and human resource to control? Not at all! Even if you are a retail business, there is a lot an ERP can do to maximize your resources and generate great results! In today’s fast-paced business environment, managing operations efficiently and optimizing profitability are ... <a title="Unlocking the Retail Potential : How FACT ERP.NG Empowers Businesses to Thrive" class="read-more" href="https://factsoftware.com/unlocking-the-retail-potential-how-fact-erp-ng-empowers-businesses-to-thrive/" aria-label="Read more about Unlocking the Retail Potential : How FACT ERP.NG Empowers Businesses to Thrive">Read more</a>

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Now Run Email Campaigns Directly From FACT!

In today’s digital age, email campaigns play a crucial role in company strategy for businesses of all sizes. However, successfully planning and executing an email communication may be a difficult undertaking, especially as the frequency of emails and reference data keeps on rising. In this blog, we will look at how FACT improves your email ... <a title="Now Run Email Campaigns Directly From FACT!" class="read-more" href="https://factsoftware.com/now-run-email-campaigns-directly-from-fact/" aria-label="Read more about Now Run Email Campaigns Directly From FACT!">Read more</a>

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FACT ERP.NG is fully compliant with the new GST rules

Have you heard about the new GST rule? GST E-invoicing is now Mandatory for any taxpayers with INR 5 Crores or above turnover in any financial year from 2017-18 with effect from 01 August 2023. You might have a lot of questions in your mind on how to proceed with it, or if you even ... <a title="FACT ERP.NG is fully compliant with the new GST rules" class="read-more" href="https://factsoftware.com/fact-erp-ng-is-fully-compliant-with-the-new-gst-rules/" aria-label="Read more about FACT ERP.NG is fully compliant with the new GST rules">Read more</a>

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How an End-to-end Integrated ERP System removes the need for third party software

Enterprise Resource Planning (ERP) systems are designed to integrate various business functions and processes into a single, centralized platform. However, many organizations also use other software applications to manage specific functions such as Customer Relationship Management (CRM), Human Resources (HR), Supply Chain Management (SCM), and more. Integrating these applications with the ERP system can provide ... <a title="How an End-to-end Integrated ERP System removes the need for third party software" class="read-more" href="https://factsoftware.com/how-an-end-to-end-integrated-erp-system-removes-the-need-for-third-party-software/" aria-label="Read more about How an End-to-end Integrated ERP System removes the need for third party software">Read more</a>

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Optimise your Logistics Business with FACT ERP.NG

Is your business still using Spreadsheets and Excel templates to manage all its logistics and supply chain operations? In our experience that is the root cause of errors, miscalculations and eventual breakdown of the work flow. Why take that risk when an ERP can simply eliminate all this issues. With an end-to-end ERP Solution like ... <a title="Optimise your Logistics Business with FACT ERP.NG" class="read-more" href="https://factsoftware.com/optimise-your-logistics-business-with-fact-erp-ng/" aria-label="Read more about Optimise your Logistics Business with FACT ERP.NG">Read more</a>

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Reasons to invest in a Human Resource Management Software

Human Resources, or HR, is certainly one of the most important departments in any firm, regardless of its size and, payroll processing is a fundamental part of the department. Unfortunately, many firms are still trapped in the archaic practice of manually calculating and processing payroll, which takes a major toll on the time and resources ... <a title="Reasons to invest in a Human Resource Management Software" class="read-more" href="https://factsoftware.com/reasons-to-invest-in-a-human-resource-management-software/" aria-label="Read more about Reasons to invest in a Human Resource Management Software">Read more</a>

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Automate your E-Invoicing process with FACT ERP.NG!

What is E-Invoicing? It’s all in the name. E-invoicing is defined by the GST Law as electronic invoicing. Similar to how a business that has registered for GST utilizes an e-way bill when moving products from one location to another. Similarly, certain notified GST-registered businesses are required to produce an electronic invoice for B2B transactions. ... <a title="Automate your E-Invoicing process with FACT ERP.NG!" class="read-more" href="https://factsoftware.com/automate-your-e-invoicing-process-with-fact-erp-ng/" aria-label="Read more about Automate your E-Invoicing process with FACT ERP.NG!">Read more</a>

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Does your business truly require a Data Visualization Tool?

Are you unable to handle the enormous amount of data your company generates? Does one report need you to comb through a lot of data? Well, FACT eliminates all the suffering with its Data Canvas Guru! Let’s dive into the question that why do you need a Data Visualization Tool? Without accurate data representation, a ... <a title="Does your business truly require a Data Visualization Tool?" class="read-more" href="https://factsoftware.com/does-your-business-truly-require-a-data-visualization-tool/" aria-label="Read more about Does your business truly require a Data Visualization Tool?">Read more</a>

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How to Keep your Shelves always Stocked and Customers always Happy!

Did you under-stock your shelves last month? Or did you throw away perished goods? Why would you let these factors affect the profitability of your business when technology is in your favour! Let us take you through how FACT helps you optimise your resources…   Manage your inventory like never before Why under-stock and leave ... <a title="How to Keep your Shelves always Stocked and Customers always Happy!" class="read-more" href="https://factsoftware.com/how-to-keep-your-shelves-always-stocked-and-customers-always-happy/" aria-label="Read more about How to Keep your Shelves always Stocked and Customers always Happy!">Read more</a>

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Problems in running your factory with Excel

Human errors or mistakes are inevitable! But is that feasible when your actions directly affect the growth of your business? No, right? Storing minor data in Excel is fine but when it comes to complex reports and calculation, that’s where Excel fails. If you are still comfortable managing all your operations in a spreadsheet it’s ... <a title="Problems in running your factory with Excel" class="read-more" href="https://factsoftware.com/problems-in-running-your-factory-with-excel/" aria-label="Read more about Problems in running your factory with Excel">Read more</a>

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Reasons to invest in a Project Management Software

What is Project Management? Project Management is the act of planning, accumulating resources, putting the plan in action to create the deliverables on time, every time. Why do you need a Project Management Software? The reasons to get a Project Management Software are endless. However, to name a few – Automated reminders, easy tracking, auto ... <a title="Reasons to invest in a Project Management Software" class="read-more" href="https://factsoftware.com/reasons-to-invest-in-a-project-management-software/" aria-label="Read more about Reasons to invest in a Project Management Software">Read more</a>

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Document Vault : The new way to store your data

With a lot of documents comes the responsibility to store it properly and efficiently. That is where the need for a Document Vault comes in. When it comes to storing crucial documents, the safety and security aspect of storing it physically becomes a huge liability. To avoid the risk factor, you can store the documents ... <a title="Document Vault : The new way to store your data" class="read-more" href="https://factsoftware.com/document-vault-the-new-way-to-store-your-data/" aria-label="Read more about Document Vault : The new way to store your data">Read more</a>

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Myths Vs Reality on an ERP

It is not uncommon for business owners to feel unprepared for an Enterprise Resource Planning (ERP) and they are not afraid of admitting they won’t use it simply because they are too scared to. These aversions are rooted in certain myths about ERP .  Despite the ERP industry being a multi billion dollar one, there ... <a title="Myths Vs Reality on an ERP" class="read-more" href="https://factsoftware.com/myths-vs-reality-on-an-erp/" aria-label="Read more about Myths Vs Reality on an ERP">Read more</a>

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Why your Company needs to start using a CRM today!

CRM or Customer Relationship Management Software is a must have for any modern business. When dealing with thousands of clients it is impossible to keep track of all of them. But without proper records and follow up it becomes considerably difficult to close deals.  FACT ERP.NG  comes inbuilt with a fully configurable CRM to help ... <a title="Why your Company needs to start using a CRM today!" class="read-more" href="https://factsoftware.com/why-your-company-needs-to-start-using-a-crm-today/" aria-label="Read more about Why your Company needs to start using a CRM today!">Read more</a>

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No more AMC : An ERP Subscription Plan to empower your business

AMC price is based on outdated ERP implementation models and disadvantage users. Read on to learn about what the limitations are, and why an alternative solution can ensure that your business stays ahead of the curve.  What is AMC? AMC or Annual Maintenance Charges are commonly offered by ERP implementers to cover any bug fixes ... <a title="No more AMC : An ERP Subscription Plan to empower your business" class="read-more" href="https://factsoftware.com/no-more-amc-an-erp-subscription-plan-to-empower-your-business/" aria-label="Read more about No more AMC : An ERP Subscription Plan to empower your business">Read more</a>

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How to derive maximum Return On Investment from your existing ERP System

Running a business effectively essentially means streamlining chief business processes and being productive without wading through endless paperwork. While an initial ERP implementation may be a big victory in a long battle, it is by no means a final step towards increased profitability, efficiency or any of the other business benefits an organization anticipates receiving ... <a title="How to derive maximum Return On Investment from your existing ERP System" class="read-more" href="https://factsoftware.com/how-to-derive-maximum-return-on-investment-from-your-existing-erp-system/" aria-label="Read more about How to derive maximum Return On Investment from your existing ERP System">Read more</a>

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Here’s why you need to invest in a Payroll Software today!

If you’re doing Payroll calculations in Excel, here are 6 reasons why you should switch to Payroll Software.   Payroll is an essential function of any business, from storing employee information, calculating pay, leave and deductions and reporting relevant information and paying taxes to stay compliant. Wages are usually the biggest expense of a company, ... <a title="Here’s why you need to invest in a Payroll Software today!" class="read-more" href="https://factsoftware.com/heres-why-you-need-to-invest-in-a-payroll-software-today/" aria-label="Read more about Here’s why you need to invest in a Payroll Software today!">Read more</a>

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To Excel or not: How Exporters Can Manage Their Export Documentation

Exporters often face several operational difficulties in their business. Implementing Integrated Export Documentation Software can minimise these issues.  Exporting industries like manufacturing, retail, agriculture, and trading extensively rely on on-time export shipments. Small mistakes in export documentation can create problems like shipment delays, and incorrect invoices can even cause legal issues.Managing export documentation in spreadsheets ... <a title="To Excel or not: How Exporters Can Manage Their Export Documentation" class="read-more" href="https://factsoftware.com/to-excel-or-not-how-exporters-can-manage-their-export-documentation/" aria-label="Read more about To Excel or not: How Exporters Can Manage Their Export Documentation">Read more</a>

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Reasons why you should use a Payroll Software

Payroll calculations require key attention to detail and even the smallest mistake can result in miscalculation and delay, which would cost more time and money to the company. Since employee payments are often the biggest expense for a company, processing payroll needs to be done with pinpoint accuracy. And when there is human calculation there ... <a title="Reasons why you should use a Payroll Software" class="read-more" href="https://factsoftware.com/reasons-why-you-should-use-a-payroll-software/" aria-label="Read more about Reasons why you should use a Payroll Software">Read more</a>

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Signs your Business is ready for a full-fledged ERP system

When should you decide to implement ERP in your company   For any company taking the decision to implement an ERP cannot be taken lightly due to the investment required. ERP systems don’t come cheap; however, the benefits are there for all to see if the implementation is carried out timely and correctly. However, most ... <a title="Signs your Business is ready for a full-fledged ERP system" class="read-more" href="https://factsoftware.com/signs-your-business-is-ready-for-a-full-fledged-erp-system/" aria-label="Read more about Signs your Business is ready for a full-fledged ERP system">Read more</a>

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The solution to your International Trading problems- Export Documentation Software

The COVID-19 pandemic has impacted international trade and exporters significantly. Export Documentation Software solutions like Export Doc Guru replace in-person communication, physical papers and more by using a single-entry, one system management solution.  Export Documentation Software – a seamless solution for challenges for International Trading    COVID-19 has transformed ERP operations, with many businesses having ... <a title="The solution to your International Trading problems- Export Documentation Software" class="read-more" href="https://factsoftware.com/how-export-management-software-will-solve-your-export-import-problems/" aria-label="Read more about The solution to your International Trading problems- Export Documentation Software">Read more</a>

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Governance, Risk and Compliance: Not just for the Multinationals

Many countries are making wide-sweeping changes in how they tax products and services to generate more sales tax revenue, amongst other taxes for the entire economy, not just the large corporations. The vast majority of SMEs have been slow to change their compliance management processes, preferring to stick to what they already know. By doing ... <a title="Governance, Risk and Compliance: Not just for the Multinationals" class="read-more" href="https://factsoftware.com/governance-risk-and-compliance-not-just-for-the-multinationals-2/" aria-label="Read more about Governance, Risk and Compliance: Not just for the Multinationals">Read more</a>

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How small businesses can start managing their business finances better

Small businesses are known to suffer from an astoundingly high failure rate. Within the first year of operations, 20% of small businesses shut down. This percentage increases as each year passes and within the tenth year of operations, 70% of small businesses fail. This figure isn’t meant to discourage you – if anything, it allows ... <a title="How small businesses can start managing their business finances better" class="read-more" href="https://factsoftware.com/how-small-businesses-can-start-managing-their-business-finances-better/" aria-label="Read more about How small businesses can start managing their business finances better">Read more</a>

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How Big a Risk do Spreadsheets Pose to Your Business?

Despite advancements in Accounting Software globally, 81% of businesses are still stuck in spreadsheet hell, according to Forrester Research. Spreadsheets have their advantages – they are widely available, easy to use, and do not require any specialised training – but they can kill productivity. Spreadsheet usage can be disastrous A 2008 analysis suggests that close ... <a title="How Big a Risk do Spreadsheets Pose to Your Business?" class="read-more" href="https://factsoftware.com/how-big-a-risk-do-spreadsheets-pose-to-your-business/" aria-label="Read more about How Big a Risk do Spreadsheets Pose to Your Business?">Read more</a>

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Quality Assurance: An industry first

Software errors and bugs cost the economy US$1.7 trillion in financial losses and affected 3.6 billion people, a 2017 report found. Errors and bugs are commonplace in large-scale software, in particular those used for business management such as Enterprise Resource Planning (ERP) software. ERP software enables businesses to manage all their operations from a single ... <a title="Quality Assurance: An industry first" class="read-more" href="https://factsoftware.com/quality-assurance-an-industry-first/" aria-label="Read more about Quality Assurance: An industry first">Read more</a>

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Redefining ERP: Putting Users First

“Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves,” quoted Steve Jobs. Prominent organisations including Apple, Coca-Cola, Ford and IBM have seen massive success by building their entire organisations by putting users first. User experience is the business buzzword of the decade. ... <a title="Redefining ERP: Putting Users First" class="read-more" href="https://factsoftware.com/redefining-erp-putting-users-first/" aria-label="Read more about Redefining ERP: Putting Users First">Read more</a>

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A configuration-only model for ERP
Implementation

A Configuration-Only Model for ERP

Nearly half of all businesses end up customising 26-50% of their ERP software – a significant amount of work. In order to customise an ERP software, developers must alter the source code of the product. The unique source code is the most essential element of an ERP. Altering it extensively can break the software and ... <a title="A Configuration-Only Model for ERP" class="read-more" href="https://factsoftware.com/a-configuration-only-model-for-erp/" aria-label="Read more about A Configuration-Only Model for ERP">Read more</a>

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A 29 day ERP go-live
Implementation

A 29 Day ERP Go-Live

ERP implementation timelines largely focus on your desired modules, data migration, deployment locations and number of staff. Requiring ERP customisation as your business evolves in scale and complexity is also a major factor. During the implementation process these can continue to vary as your business requirements and processes progress and change. This causes implementation delays ... <a title="A 29 Day ERP Go-Live" class="read-more" href="https://factsoftware.com/a-29-day-erp-go-live/" aria-label="Read more about A 29 Day ERP Go-Live">Read more</a>

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Redefine productivity with FACT
ERP

Redefine Productivity- With FACT

You are running a business. You seem to be spending a lot of time at the office and yet, you don’t see progress. What does your daily routine look like? Do you spend your days going back and forth on minor, repetitive tasks and putting out fires or do you spend them on strategy, decision-making ... <a title="Redefine Productivity- With FACT" class="read-more" href="https://factsoftware.com/redefine-productivity-with-fact/" aria-label="Read more about Redefine Productivity- With FACT">Read more</a>

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Family Wealth Guru will change the way you invest
Family Wealth

Family Wealth Guru Will Change the Way You Invest

FACT Software provides data-driven solutions for your wealth management needs. Family Wealth Guru is a dynamic software that enables investors to make accurate decisions to grow and maintain your wealth. What is Family Wealth Guru (FWG)? Family Wealth Guru is a wealth management software that contains detailed features to make managing your business simpler. Family ... <a title="Family Wealth Guru Will Change the Way You Invest" class="read-more" href="https://factsoftware.com/family-wealth-guru-will-change-the-way-you-invest/" aria-label="Read more about Family Wealth Guru Will Change the Way You Invest">Read more</a>

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The Power of FACT
ERP

The Power of FACT

When we say we provide you with complete solutions, we mean it. Seeing is Believing We make bold claims: zero manual work; a spreadsheet-free life; a rapid 29 day go-live and a distinct Configuration Model. Nevertheless, we don’t expect you to believe in our product without seeing it yourself. After all, trust is earned. During ... <a title="The Power of FACT" class="read-more" href="https://factsoftware.com/the-power-of-fact/" aria-label="Read more about The Power of FACT">Read more</a>

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How private wealth managers benefit from wealth management software
Family Wealth

How Private Wealth Managers benefit from Wealth Management Software

Wealth Management Software offers Family Wealth Managers with a simple solution to achieve better visibility and control of their enterprise operations. What is Wealth Management Software? Wealth Management Software combines financial services and asset management tools to make managing your wealth simpler. Financial advisors can gather insights and tailor a customisable strategy for clients using ... <a title="How Private Wealth Managers benefit from Wealth Management Software" class="read-more" href="https://factsoftware.com/how-private-wealth-managers-benefit-from-wealth-management-software/" aria-label="Read more about How Private Wealth Managers benefit from Wealth Management Software">Read more</a>

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