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Businesses are always looking for the next best thing to help their bottom line. Consolidating their ERP and HCM (Human Capital Management) solutions is one of the top ways that companies are able to do this. With the combination of ERP and HCM solutions, businesses can gain more control over their sales, marketing, and other processes. These solutions also help companies to be more efficient and to grow more quickly. In this blog, will mention the top reasons why more companies are looking to consolidate their ERP and HCM solutions.

Why is consolidating ERP and HCM solutions becoming more popular?

Companies often want to consolidate ERP and HCM solutions because it can cost a lot of money to keep two different systems running. There are also many benefits to doing so, such as being able to share data and have a more streamlined process. In order to make the switch, companies should first create a plan that will work for them and then make the switch. Some companies will want to keep things the same while others will want to completely change the way things are done.

How these solutions work

ERP and HCM are software platforms that are used by companies to manage business processes and employee workflows. They are used by companies to improve the efficiency of their workforce and to streamline processes. However, these platforms are not always the most effective solutions for companies. In fact, more and more companies are looking to move away from these solutions and consolidate their software platforms. The reasons for this are varied, but some of the main reasons are that ERP and HCM solutions are expensive, difficult to implement for many companies, and difficult to maintain.

How these solutions help companies

More and more companies are turning to a single ERP and HCM solution to help streamline their business operations. Here are some of the reasons why more companies are looking to consolidate their ERP and HCM processes with FactsERP.

• Help companies to cut down costs.
• Help companies to have a single source of truth.
• Help companies to have a single point of accountability.
• Help companies to have a single point of reference.
• Help companies to achieve alignment.
• Help companies to have a single employee view.
• Help companies to have a single platform for communication.
• Help companies to achieve a unified view of their business.
• Help companies to achieve a single view of the customer.
• Help companies to achieve a single view of the supply chain.

What is e-Mirsal?

Dubai customs has made it mandatory to use eMirsal platform for companies dealing in import and export. It is used to manage all your stock related transactions which are imported to and exported from Dubai. All the documents such as invoices, packing list, and certificates of origin are to be prepared and uploaded through the custom’s eMirsal platform.

How to use and manage eMirsal with your business software?

In fact, many companies are using ERP or Business software to manage the inventory which are not supported by eMirsal. Hence, it becomes challenging to manage the transactions on both the current system and eMirsal simultaneously. 

Hence, we are introducing FactsMirsal for your business to manage both the inventory and e-Mirsal transactions in one platform. Moreover, it is integrable to your existing ERP software. It will help in easy tracking of all the transactions and comply with the requirements of Dubai customs.

I have listed below the key benefits and features of FactsMirsal solution for your business.

Benefits and Features of FactsMirsal:

• HSN code wise inventory masters and control: Manage and control all your products using the HSN codes for easy identification.
• Upcoming shipment alerts: Get alerts on your dashboard or email for the upcoming shipments.
• Barcode scanning features: Enable the barcodes system for easy tracking and management of your stock.
• Bill of entry and exit: Track all the bill of entry/exit documents with details such as statistical quantity and gross weight.
• Multi-currency: Manage multiple currencies depending on the location of the customers and suppliers you are dealing with.
• Bill of entry wise stock balance: Get complete details of your stock balance, based on the bill of entry with just a click.
• Inventory balance and stock aging: Get all types of reports including stock aging and inventory balance.
• PWA based data collection: Enable mobility by providing PWA access for the staff who are collecting stock data.
• Important Documents & Details: Print and manage important documents such as delivery note, packing list, and certificate origin.
• Print in multiple formats: The output files are supported in Excel, Word, Pdf and csv for easy uploading and communication. Also the FactsMirsal comes with easy excel import option.
• In-built BI tool: Our solution comes with an in-built business intelligence (BI) tool for enhanced reporting and analytics.

To summarize, Dynamics Axis is offering FactsMirsal Software to manage the complete inventory along with the e-Mirsal compliance for import and export companies in Dubai.