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FACT ERP Review

FACT ERP
Our score: 8.0 User satisfaction: 95%

What is FACT ERP?

FACT ERP is an enterprise resource planning solution that assists managers to handle the processes, transactions, and activities of their business with ease. It removes your reliance on spreadsheets by providing automated capabilities. This way, you can concentrate more on growing your business than doing manual work.

You can use FACT ERP’s features to improve operational efficiency and employee productivity, make financial monitoring a breeze, and enhance customer and vendor management. The software lets you access all the important figures and data you need directly on your web browser via an intuitive and personalized dashboard. It also has an Android app that enables you to approve quotations and generate sales orders on-the-go.

The software automates important accounting functions as well, covering the calculation of various types of taxes, depreciation of fixed assets, calculation and posting of profits and losses for sales transactions, and execution of year-end accounting. Moreover, it lets you generate different audit reports and create your own ad-hoc reports automatically and accurately. FACT ERP can be integrated with all the systems you’re currently using, like Salesforce, warehouse management system, and point-of-sale solution. This allows you to synchronize data between the ERP software and these systems. 

Overview of FACT ERP Benefits

Convenient Data Access

FACT ERP gives you convenient access to all the essential business data you need even while on-the-go. The software provides a dashboard that you can access from your web or mobile browser. This dashboard contains graphs that show key numbers for various areas of your business, including sales, purchase, cash flow, and inventory. You can also filter the numbers you want to focus on and drill down to specific information and details. 

The ERP software, moreover, offers a mobile app that permits your consultants or technicians to create quotations directly on their Android device from anywhere. You can then approve these quotations and place sales orders within the same app. The mobile app can be used for entering and approving employees’ timesheets as well. 

Automated Accounting

FACT ERP lets you automate how accounting functions are being performed in your organization, eliminating the errors and inaccuracies often caused by manual accounting processes in which spreadsheets are heavily used. For example, the software allows your accountants to calculate the accumulated depreciation values of fixed assets and post them automatically. The profits and losses associated with the sales of fixed assets are also calculated and posted in the same manner 

Accountants can, likewise, perform year-end closing painlessly. FACT ERP enables them to enter transaction information for the new financial year while making adjustments in the transactions for the previous financial year. After they’re done entering all the necessary adjustments, the data from the previous financial year is backed up and all open transactions are forwarded to the new fiscal year.

Instant Reports

The ERP software gives you the ability to immediately generate reports, whether they are required for auditing, financial monitoring, or business performance management. You’ll be able to produce general ledger, accounts receivable aging, sale and purchase register, and inventory reports in a click of a button. These reports can be created without using spreadsheets and duplicating data between multiple documents. 

Additionally, FACT ERP lets you generate your own ad-hoc reports. You can create custom tables and data fields and apply data validation. Therefore, you can create custom reports within minutes without manually cleaning the data needed for your reports. 

Integrated CRM & Campaign Management

FACT ERP integrates a CRM module where you can store and organize all information about your customers. This module also gives you access to email templates that you can design using Zulu eDM, a DMARC-compliant software built for managing email marketing campaigns. As you view the emails you created from Zulu eDM and your customer data together in the CRM module, you can send emails to the right recipients at the right time and in the right place. 

Overview of FACT ERP Features

  • Web Cockpit
  • Mobile App
  • Integrations
  • Inventory Management
  • Multi-Currency Invoicing
  • P/L Calculation & Posting
  • Year-End Closing
  • Fixed Asset Management
  • Depreciation
  • Tax Calculation
  • Audit Reports
  • Ad-Hoc Reports
  • CRM & Email Campaign

What Problems Will FACT ERP Solve?

Use case #1: GST E-Invoice which is mandatory in India from 1st of April 2020 has already been implemented in FACT’s ERP module with the benefit of filing GST return on one go itself.

Use case #2: Have high security when it comes to financial transactions since it’s an on-premise module. It has an option for the cloud-based module as well.

Use case #3: Approximately 600 updates provided in a year which is maximum given any ERP software to date.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

FACT ERP Position In Our Categories

Bearing in mind companies have distinct business-related needs, it is reasonable that they avoid choosing a one-size-fits-all, “perfect” software product. Needless to say, it would be difficult to try to chance on such an app even among recognizable software systems. The right thing to undertake should be to make a list of the different main factors which merit analysis such as major features, price terms, technical skill levels of staff, organizational size, etc. The second step is, you must follow through your product research systematically. Read some FACT ERP review articles and check out the other applications in your shortlist in detail. Such well-rounded product research ensures you stay away from unfit applications and subscribe to the system which includes all the function your company requires.

Position of FACT ERP in our main categories:

FACT ERP is also listed in the following subcategories:

It's crucial to realize that almost no service in the ERP Software category is going to be a perfect solution able to fulfill all the needs of various business types, sizes and industries. It may be a good idea to read a few FACT ERP ERP Software reviews first as specific software can dominate only in a really small set of applications or be created with a really specific industry in mind. Others might work with a goal of being easy and intuitive and consequently lack advanced features needed by more experienced users. You can also find apps that focus on a broad group of users and give you a powerful feature base, but that in most cases comes at a higher price of such a service. Be certain that you're aware of your needs so that you buy a software that has specifically the elements you look for.

How Much Does FACT ERP Cost?

FACT ERP Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

FACT ERP’s SME and enterprise pricing information is available only upon request.

User Satisfaction

Positive Social Media Mentions 18
Negative Social Media Mentions 1

We realize that when you make a decision to buy ERP Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and FACT ERP reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with FACT ERP. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • Linux
  • Android
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted
  • On Premise
  • Open API

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

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What are FACT ERP pricing details?

FACT ERP Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

FACT ERP’s SME and enterprise pricing information is available only upon request.

What integrations are available for FACT ERP?

FACT ERP can be integrated with the following applications:

  • Salesforce
  • Warehouse management systems
  • POS solutions

And other external systems.

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Reviewed By Louie Andre
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