HORIZON ERP

No matter what industry you serve, work often need to be formally approved before it come into effect or action, and managing all the approval process from multiple department in an organization can be a nightmare if you don’t have an automated system to help you. Budgets, creative project, invoice and many other tasks pass through a series or parallel approvals before they start or complete, and approvals that exceed the time frame has a great impact on business operations. Here are some of the challenges that can impede on your business and its success In large or mid-size organization with multiple departments, there can be hierarchical approval workflows, and it is cumbersome for any person to seek physical approvals from all his line managers. If the approver of a particular transaction is unavailable or in leave, the approval process is delayed affecting all the inter-related activities amounting to huge loss for the organization. Any person or the executive who initiates t...

From initial communication to final product delivery, your sales department play a vital role in communicating with the customer. And when there is surge in the order volumes, the sales person struggles to be in track without a proper system in place. They are not notified on the stock’s availability and any other sales process, which leads to displeased customers. There are lot of other challenges faced by the sales team Juggling between multiple application Without the integrated system to record, track and process sales information, all the data are scattered between multiple different types of software, and it becomes difficult to get access to the right information. Not having the accurate data in time creates a great impact in sales progress. Retrieving data takes long time On managing the data in spreadsheet or different types of software, finding average sales margin or other metrics becomes a complicated task. There is a chance for the data to be inaccurate. Revenu...

Every business keeps track of its fixed assets from IT hardware, company vehicles to less-tangible assets like intellectual property or software licenses. Managing the asset efficiently can drive good ROI from the assets. The only question is how do you manage your asset to reach the desired target? If your answer is a spreadsheet, it’s time to rethink how you run your business. Using a spreadsheet to track your assets is like using a toothpick to apply jam to your bread. Yes, you can find few places of bread covered, but quickly you will realize you are using the wrong tool. Whether you are in Construction, MEP, Facility Management, General Contracting, Real Estate, Manufacturing or Trading & Distribution, spreadsheet is not the right choice for tracking your assets.   Limitations on using spreadsheets Lack of data integrity. Every time when someone makes changes and saves it, there is a possibility of data becoming inaccurate or flawed. Limited user access. When mult...

Throughout every construction, manufacturing or any other project-based industry, working with projects includes several levels of challenges, as Project Managers must keep balancing between achieving their goals and staying within the budget estimated. Tracking expenses, time and project parameters will give you clear view of the entire project progress, helping you take better decision for successful completion. In project accounting software, the project accounting attributes of financial transactions like cost, revenue and billing are related with each specific project, and the progress and success of a project can be easily evaluated and reported. Difference between Project Accounting and Financial Accounting Dates are different – The project has start and end date, and it is based on the start and closure of a complete project. Where as in financial accounting, it is different from business to business. It can be aligned to the calendar year or tax year. Reporting element is...

As your business grows, managing your finance manually becomes tedious. Maintaining the accounts in spreadsheets is confusing, time consuming and prone to human errors, which is why a good accounting software need to be implemented. HorizonEBS – Financial Accounting software helps you to track your money as it flows in & out, and offers many features to examine your financial condition. From basic invoicing to customers, recording the payments you receive, tax calculations, and following up on past-due receivables becomes much faster and easier. It enables to take better financial decision with real-time reporting. What is accounting software? Accounting software is a tool designed for accounting professionals to efficiently manage accounts and simplify financial operations of a business. The software’s sophistication varies from single-entry used for record keeping to more advanced automation systems to manage accounts payable, accounts receivable, invoice, ledgers and more...

A success of a business is in delivering the ordered goods to the right place on time with the good quality. Ms. Olive an Entrepreneur was keeping track of her orders and raw materials in excel. As her business gradually grows continuing with the same record keeping didn’t help her. As the business flourished, Ms. Olive started getting good number of orders from the client all over the MENA region, and things got out of control without proper coordination between manufactures, suppliers, salesperson and customers. The salesperson ended up selling the things that are actually out of stock, some of the sold item got misplaced. The inaccurate forecasting lead to a bullwhip effect and the entire business flow was in a mess. Are you in a similar situation? And that is where a robust Inventory Management software like Horizon EBS - Inventory Management System is introduced. The Inventory Management System holds all the inventory details like where it is, how much stock you have and how...

 It’s definitely a YES! Because Real Estate Industry is one of the major industries which deals with volatile marketing conditions and substantial expense for its high demand for residential and commercial projects. And the Real Estate business handles challenges like project budgeting, project costing, project planning, unorganized cash flow and frequently changing pricing system. If you are running a small-scale business or a start-up, there are few employees and few defined work processes. Then it is easy to handle and manage all the functionalities. But, when the business grows globally and gets wider reach, without an ERP Software to streamline the profitability, productivity and growth will be highly affected. No business wants to lose their profit or productivity and that’s where an Enterprise Resource Planning (ERP) software like Horizon EBS - ERP for Real Estate comes in to streamline your business process, boost revenue, reduce operational costs and lot more. Let...