admin 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 … Read more
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 … Read more
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 … Read more
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 … Read more
“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. … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
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 … Read more
