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Showing posts from August, 2023

Cloud-Based Horizon EBS for Remote and Distributed Contracting Teams

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  The contracting industry has undergone a paradigm shift with the rise of remote work and distributed teams. . As projects extend beyond geographical boundaries and team members work from diverse locations, the need for seamless communication, collaboration, and access to real-time data becomes paramount. Cloud-based Horizon EBS solutions have emerged as a game-changer for remote and distributed contracting teams. In this blog, we will explore how cloud-based Horizon EBS is transforming the way contracting teams operate and collaborate. 1.       Anywhere, Anytime Access: Top Cloud-based ERP in UAE, Horizon EBS solution break down the barriers of physical location. Team members can access the ERP system from any device with an internet connection, whether they are working from home, the field, or a different office location. This accessibility ensures that everyone has real-time access to project data, resource information, and updates, fostering collabo...

UAE Corporate tax Penalties: A Detailed Guide

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The UAE Corporate Law (Federal Law No. 2 of 2015) sets out a comprehensive framework for the regulation of companies in the UAE. The law also prescribes a number of penalties for violations of its provisions. The penalties under the UAE Corporate Law are divided into two categories: administrative penalties and criminal penalties. Administrative penalties are imposed by the Ministry of Economy (MoE) or the relevant authority. They are typically financial in nature, but they may also include other measures, such as the suspension or cancellation of a company's license. The following are some of the administrative penalties that may be imposed under the UAE Corporate Law: No. Description of Violation Administrative Fine Penalty Amount in AED 1. Penalties apply if records and information required by the Tax Procedures Law or the Corporate Tax Law are not kept up to date: 10,000 AED for each infraction. 20,000 AED for repeated offenses committed within 24 months of the last violation...

Security Considerations for ERP System

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  In the digital age, Enterprise Resource Planning (ERP) systems have become the backbone of efficient business operations. As companies increasingly opt for customized ERP solutions to meet their specific needs, security concerns have taken center stage. The sensitive nature of the data managed by ERP systems, coupled with the potential vulnerabilities introduced during customization, underscores the critical importance of robust security measures. In this blog, we'll delve into key security considerations that businesses must address when implementing a customized ERP system. 1. Data Encryption: Data security starts with encryption. Customized ERP systems often deal with sensitive business and customer information. Implementing strong encryption protocols ensures that data remains unreadable to unauthorized individuals even if breached. This should include data at rest and data in transit, safeguarding information across all stages of its lifecycle. 2. Access Control: Customiza...

Top 10 Advantages of Having an ERP Vendor with Local Developers and Support Team In UAE

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Introduction Enterprise Resource Planning (ERP) systems play a crucial role in streamlining business processes, enhancing efficiency, and facilitating growth.  Choosing an ERP vendor with a locally available team of developers and support staff can significantly impact the implementation process and ongoing support. In this blog, we will explore the top 10 advantages of having a local ERP vendor's developers and support team and how it contributes to successful implementation and customer retention. Seamless Implementation Process Having local developers and support staff ensures a smoother implementation process. They are familiar with the local business practices, regulations, and industry requirements. This localized knowledge enables them to tailor the ERP system to the specific needs of the business, minimizing the potential for disruptions and delays. On-site Assistance A locally available team provides on-site assistance during the implementation phase. They can work closely...