Multilingual support
Perform accounting tasks in the language of your preference using SowaanERP to ensure an easy time for your team.
Ideal Accounting ERP software for small businesses and Enterprises in the UAE
SowaanERP offers efficient and user-friendly accounting software for small to big enterprises. The ERP provides different affordable features in accounting from tracking of financial to reporting features. The accounting software in UAE has extensive features that can make the process of finance much easier to carry forward.
Financial management
General ledger
The General Ledger is the central core of your accounting solution as it captures all the company’s financial transactions, giving a broad picture of the financial status and is ideal for documenting income, expenditure, assets and liabilities.
Payable and receivable accounting
Improve your accounts payable and accounts receivable with SowaanERP. Control vendor’s bills, pay the bills, control customer’s bills and chase for payments. Remind clients on due payments and make sure that you have a good cash flow. Accounting professionals can have an ease in work with the software if used properly.
Bank reconciliation
Make your reconciliation of the bank statements to your records easier through automated reconciliation of the transactions. Therefore, it is easier to notice disparities in order to have a correct and contemporary record. The best accounting software in dubai can manage banking operations with minimal to no errors.
Invoicing and billing
Customizable invoices
Build professional and branded invoices, and make the invoices templates more versatile. SowaanERP enables you to introduce your logo, change the templates, and provide all the necessary information about your products or services. The best accounting firm in dubai use the software to ensure timely invoices are completed before deadlines.
Recurring invoices
Establish automatic billing for frequent buyers, so that invoices are sent at proper time and without having to be manually triggered. Time frequency and duration should be adjusted according to the business needs of the organization.
Expense management
Expense tracking
Take charge of your expenses using the expense tracking tool available on SowaanERP. Organize your expenses, add the receipts and get comprehensive detailed reports to understand how you have been spending your money.
Expense approval workflow
Simplify your expenses approval with the help of a workflow template. Make certain that all expenses are authorized by the relevant employees before being entered in the accounts.
Financial reporting
Real-time reports
Prepare online income statements to get the information on your business outcomes. SowaanERP has a number of standard reports such as Profit and Loss, Balance Sheet, Cash Flow, and among others.roduce your logo, change the templates, and provide all the necessary information about your products or services. The best accounting firm in dubai use the software to ensure timely invoices are completed before deadlines.
Custom reports
Specify what you need and get reports that are unique to your needs. Customize and produce reports that will help you make the right decisions using SowaanERP’s multiple accounting functions. The accounting software interface helps to create custom reports for specific clients.
Tax management
Automated tax calculations
Streamline your business taxes with automatic tax computation by location and tax regulations that apply to your enterprise. SowaanERP helps adhere to the local laws on tax and thus decreases the likelihood of mistakes.
Tax filing
File your taxes and avoid any stressing situations that may arise from this. SowaanERP contains all the features required to gather information for tax and prepare tax returns.yees before being entered in the accounts.
Payroll integration
Seamless payroll processing
Synchronize your payroll with SowaanERP for better management of the payrolls. Reconcile payroll transactions with the accounts in your book of accounts as the transactions are recorded and updated automatically.
Mobile app and work flow app
Mobile access
Perform your accounting activities wherever you are with the help of SowaanERP mobile application. Check the accounts, modify the records of the finances, and perform tasks through the mobile or tablet.
Workflow management
Sustain the momentum of the accounting systems by incorporating a workflow management system. This means to be able to automate the approval, notifications and some other activities in order to be accurate.
Budgeting and forecasting
Budget management
SowaanERP also has a feature of budgeting where you can prepare your budget, edit and monitor it when needed. Establish a budget for various departments in the organization and compare the actual expenses with the set budgets. Have constant tracking of the budget implementation so that corrective action can be taken if necessary. The usage of accounting software solutions make it easy to manage budgets ensuring no capital expenditure is wasted.
Financial forecasting
Incorporate SowaanERP’s forecasting features to predict future financial capacities. Make predictions based on past values, which will assist in the decisions you make about your company’s monetary plan. Get insights and be prepared for the future of your business with more certainty.
Multi-currency support
Foreign currency transactions
Carry out transactions in different currencies with ease. For the management of currency conversion, SowaanERP provides real-time exchange rates management making the financial reporting for the international business easier.
Currency revaluation
It is recommended to reevaluate the holding of foreign currency to the current exchange rates. SowaanERP has features that assist you in revaluation while keeping your financial records updated.
Audit trail and compliance
Detailed audit trail
Every change that is made on your financial data is recorded by SowaanERP and can be easily audited. This assists in making those held responsible to be accountable and being in compliance with the set regulatory standards.
Compliance management
Meet the legal requirements in relation to the accounting standards in the country as well as the international standards. SowaanERP is also useful in the achievement of regulatory compliance as this means that you will not fall foul of regulations and face penalties.
Advanced security features
Role-based access control
In general, financial information should be protected by role-based access control method. Assign the rights of the user accounts to limit the access to some financial data to particular employees and groups only.
Data encryption
Ensure you protect your financial data with such encryption techniques as the AES 256 bit encryption. SowaanERP also ensures that data is secured from other people who have no right to access the data in transit or even in database.
Customizations and multilingual support
On-the-fly customizations
Enhance your forms by adding new fields, altering the form functionality, and designing print layouts without programming.
FAQs
Accounting ERP is built to support the proper handling of intercompany operations. It enables you to record and present transactions between various departments in your company, factually and in compliance with the generally accepted accounting principles.
Yes it does, the accounting erp software is capable of handling multi-currency transactions and performing real time conversion of currencies. It also has features of currency revaluation.
Absolutely. The Accounting ERP that is in the development process is intended to meet the requirements of the country’s accounting standards as well as international accounting standards.
Tax computation is made easier since the software is able to compute taxes depending on the location of the business and the current tax laws. It also has features to enable one to complete the tax forms effectively and correctly.
The software provides live financial reports of Profit & Loss accounts, Balance sheets, Cash flows and other special reports depending on the user’s needs.
Security is a critical factor in the Accounting ERP software. It encompasses features like role-based access control, data encryption, and Security compliance checks. These measures prevent the leakage of financial data and breaches of information confidentiality.
To get a free consultation of your requirements and to book a demo, please get in touch with us now!
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