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Working hours in the UAE as per Labour Law

The number of hours you work has a big influence on your daily output, happiness, and well-being. Legislators in the UAE are prioritizing working hours as the nation aims to be among the world’s happiest. Previously, working hours in the UAE were very long. However, recent changes have led to a reduction in the working hours. It is crucial to be aware of the government’s regulations on working hours if you now work or intend to work in the UAE. These are some crucial things to remember. ![Working hours in the UAE as per Labour Law](https://www.penieltech.com/blog/wp-content/uploads/2024/02/Working-hours-in-the-UAE-as-per-Labour-Law-2-1024x1024.png) Regular Working Hours in UAE ---------------------------- The standard working hours for the private sector are eight hours per day or forty-eight hours per week, according to Article 17 of Federal Decree-Law No. 33 of 2021 on the Regulation of Labour Relations in the Private Sector, also known as the “UAE Labour Law.” According to the “Executive Regulations of the Labour Law,” some economic sectors or worker categories may see an increase or decrease in the number of hours worked each day. The “Executive Regulations of the Labour Law” exclude a worker’s commute time from their working hours, except for individuals who fall under specific categories. If an employee works for more than one company, the first employer cannot make them work longer hours than the employment contract specified. Subsequent employers cannot ask for longer hours unless the employee provides written consent. If an employee wants to work remotely, from within the UAE or from another country, the employer needs to set up certain working hours. After working five straight hours, the employee can take to one or more breaks. These pauses couldn’t be any shorter than an hour. While calculating working hours, organizations do not factor in breaks. UAE laws regarding overtime ---------------------------- The UAE Labour Law has provisions to safeguard the rights of private sector workers. The Federal Decree-Law No. 33 of 2021, also known as the “New Employment Law,” specifies in Article 17(1) that the maximum working hours are eight hours per day or forty-eight hours per week. Article 17(2) grants the Cabinet the authority to modify working hours, breaks, and prohibited working times for specific worker categories or economic sectors. Such changes require the consent of the Minister and relevant entities. Weekly Rest days and Annual Leave --------------------------------- In the UAE, the private sector considers Friday as a statutory day off, while they can schedule work on any of the other days. Yet, some businesses operate on a five-day workweek, while others could choose to use a six-day schedule. If an employer requires an employee to work on Friday, the employee should receive 150 percent of their regular pay or a substitute rest day. * Your tenure at the organization may affect the duration of your annual leave. The guidelines specify that: * Workers who have been employed by the company for more than a year are eligible for a 30-day yearly leave. * Workers who have been employed by the company for six months to a year are entitled to two days for each month that they have worked there. * The yearly leave policy is set by the organization. * Pay is given to employees while they are on annual leave. Employers should pay employees in full on public holidays. If employees need to work on a public holiday, the employers should compensate them with 150% of their daily income or provide a substitute day off. ### Extra days off It’s also important to remember that an employee is not eligible for an extra day off if a public holiday falls during the yearly vacation period. Additionally, if you fall ill during your annual leave, the company will not grant you any “extra” days off. You need not to work by your employer during your annual leave unless: * The organization then can carry forward your annual break to the next year. * The basic wage plus a leave allowance for the number of days worked determines your pay. Additionally, the company may require you to work during your annual leave once every two years. The UAE organizations do not mandate compassionate leave. However, a lot of firms in the private sector will decide how to handle a request at their discretion. Penalties and Enforcement ------------------------- What about sanctions and enforcement? To guarantee compliance, businesses should regularly update their payroll software with local laws. The United Arab Emirates Ministry of Human Resources and Emiratization (MOHRE) is the appropriate body to address disputes about employment and working hours in the country. The UAE Labour Law shields employees from workplace discrimination based on certain characteristics, including religion. There are no specific sanctions associated with prejudice. Nevertheless, if they break the legislation, employers risk paying fines of AED 5,000 to AED 1,000,000. Recent changes and improvements ------------------------------- Recently, there have been significant changes to UAE labor law. The working week’s duration and working hours have both changed. In 2022, authorities reduced the public working week to four and a half days, marking the most recent alteration Employers must inform workers of their rights and responsibilities. A new initiative to assist ensure that foreign workers aren’t mistreated is called “Know Your Rights.” The Bottom Line --------------- UAE working hours can initially appear complicated. However, their purpose is to advance the interests of the employer and the workers. By implementing a reliable payroll system, you can always ensure that employees are following the rules. Due to the UAE’s growing awareness of the value of a positive work-life balance, the country’s labor laws have recently changed. It’s exciting to see what will happen in the future, and there’s still an opportunity for development! Contact Penieltech’s consultants for your [Payroll management](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php). Software for tracking and controlling employee work hours and attendance is time and attendance software. It tracks leave and absences, computes overtime and holidays, and automates the process of documenting when workers begin and conclude their workdays. [Time and attendance management](https://www.penieltech.com/biometric-attendance-machine/time-attendance-system-dubai.html) includes all procedures related to employee time and attendance. This involves keeping track of and monitoring the hours worked by employees, including their start and end times as well as the length of their breaks, sick days, and vacation time. There are numerous methods for keeping track of employee hours. For instance, by employing Elate time and attendance software, punching timesheets, timecards, and employee scheduling.

Thu Dec 12 2024 HR and Payroll Software By Alex

HR and Payroll Software

UAE Labour Law 2023

Starting in 2024, businesses in the United Arab Emirates will need to address a long number of issues related to HR rules and employment laws. As a result, you need to become aware of all the modifications made to UAE labor legislation, if you aren’t already. You will therefore be able to put them into practice and follow them. UAE Labour Law 2023 ------------------- All companies and workers in the private sector within the UAE, except those in the Dubai International Financial Centre and the Abu Dhabi Global Market, fall under the UAE New Labour Law. This includes entities in the nation’s free zones. The Dubai International Financial Centre and the Abu Dhabi Global Market are governed by separate employment laws. The UAE New Labour Law has several unexpected modifications. Some changes in the UAE New Labour Laws lack clear rationales. It can be challenging to foresee how specific portions will work in practice. A significant portion of the details has been assigned to future executive regulations. Federal Law No. 8 On the Organisation of Labour Relations in the UAE established the legislation. The statute is accompanied by several decrees and resolutions. These executive regulations are supposed to clear up any existing misunderstandings. However, companies affected by several crucial factors need to be aware of them. They will need to modify employment contracts, policies, and procedures. > **_Free Demo_** > > Your name > > Your email > > Your Phone > > Product > —Please choose an option—Cheque PrintingElate CRMElate ERPReal Estate Property ManagementTally PrimeQuickBooksSage Accounting SoftwareHRMS SoftwareCustom ERPAccounting SoftwareVAT Accounting SoftwareWeb DesignCorporates TaxERPNextOdooInventory ManagementWarehouse ManagementQuickBooks Invoicing SoftwareOtherDigital MarketingSEO > > Your message (optional) > > Δdocument.getElementById( "ak\_js\_17" ).setAttribute( "value", ( new Date() ).getTime() ); Employment Contracts --------------------- Contracts about employment are agreements between an employer and an employee. To set the work’s legal boundaries, these are essential. Depending on whether you work for the government or the private sector, different job contracts have different terms. ### **Private-Sector Work Agreements** There are two types of work contracts: full-time and part-time. Employer-employee interactions in the private sector are governed by Federal Decree legislation No. 33 of 2021 Regarding the Regulation of Employment Relationship and its revisions, also referred to as the “UAE Labour law.” All private sector companies, workers, and employers are subject to the law’s rules. ### **Work Arrangements in the Private Sector** Various kinds of work arrangements are possible. The models are: * **Full-time:** This refers to working exclusively for one employer full-time. * Part-time employment entails working certain hours or days for one or more employers. * **Part-time work:** you are employed to complete a certain task, and your contract expires when it is finished. * **Flexible work** allows you to alter your working days and hours to suit the needs of your business. * **Working remotely** means carrying out all or some of the tasks away from the office. * **Job sharing** refers to the division and distribution of responsibilities among staff members as agreed upon. These contracts are subject to the regulations for part-time work. ### Fixed-term contracts An employee engaged on a fixed-term contract may be renewed or extended for an equivalent or shorter amount of time. Let’s say that notwithstanding the contract’s expiration, the parties still carry out their responsibilities. If so, the agreement is immediately extended for another term under the same conditions. It is necessary to convert existing unlimited employment contracts into fixed-term employment agreements. A limited contract is sometimes called a fixed-term contract because of its length. The limited contract’s duration usually corresponds with the duration of the UAE residency visa that an international applicant requests. Since that is the most common length, the contract may consequently be in existence for a period of two or three years. If the parties wish to keep their working relationship going, they must both agree on contract renewal. ### Public Sector Employment Contracts The following contracts are available for the public sector: * Full-time contracts require workers to put in their entire workday or night. * Employees under part-time contracts put in a set number of hours each working day or week. * Temporary contracts. the worker completes the agreed-upon number of working days or hours during the first three months of the contract, with renewal options. * Special contracts. A minister can designate an individual for a high position within the ministry or organization on a two-year contract that may be extended for an additional two years. Probation Period in the UAE --------------------------- In the UAE, the employer cannot grant probation for more than six months. The employee’s service includes the completed probationary period, and continuation of working for the company. During probation, the employer needs to issue a notice period of fourteen days before terminating the contract. Let’s say that the worker leaves the UAE during their probationary period by resigning. In that scenario, they have to give a written notice 14 days in advance. Let’s say the worker wishes to go to another UAE company and change careers. If so, they have to give a minimum of one month’s written notice. Unless otherwise agreed, the new employer must also cover the current employee’s recruitment expenses. UAE labor law Benefits: ----------------------- * **Minimum wage:** In the UAE, there is no mandatory worldwide minimum wage or compensation for foreign workers. Educational attainment will determine the UAE nationals’ minimum wage and income. * **Working hours:** A typical workweek in the private sector is 48 hours long, or 8 hours each day. Public sector employees work four-hour days during the school and university workweeks. If employees have shifts lasting more than five hours, the employer must grant them one or more breaks during working hours. Working time does not include these breaks. * **Overtime**: There is a 125% rate for additional hours. On the other hand, it will go at a 150% pace on off-days and between 10 pm and 4 am. * **Leaves:** Sick leave, maternity leave, paternity leave, compassionate leave, pilgrimage leave, and study leave are some examples of these. * **Severance benefit**: Workers with more than five years of service will receive a month’s worth of pay as a severance benefit. * **Insurance**: When working in the UAE, employees and their families must have health insurance. New form of benefits -------------------- Every employee receives at least thirty days of paid vacation time each year. This pertains to all employees, irrespective of their level of seniority. * **Sick leaves.** Employees can get up to 90 days of sick leave annually, if necessary. For the first fifteen days of work, there is no remuneration; after that, there is a salary distribution of half. * **Maternity leaves.** Future moms will get a 90-day or 3-month leave of absence for maternity reasons. However, paternity leave is also an option. This is a little less; the maximum duration for receiving a complete wage payment is 10 days. * **Compensation for unfair termination.** If an organization lays off an employee without cause, they must get compensation equal to three months’ worth of wages. However, the employee needs to have been with the organization for at least a year to access this. * **Health Insurance.** It is a legal requirement for all employers to offer health insurance to their employees. This has to pay for the workers and their dependents or family members’ medical costs over eighty percent. * **Vocational training programs.** Sometimes, employees must receive professional training programs that the government or their business can provide. One requirement for compliance is that these courses cannot have an impact on employees’ benefits or pay. * **Prohibition of Harassment at Work.** The UAE 2024 labor legislation stipulates that workers shall be shielded from harassment of any kind. regardless of the source of the harassment. That includes coworkers, employers, or superiors. Emiratization -------------- A recent initiative by the UAE government aims to increase the proportion of Emirati workers. The Emirati Talent Competitiveness Programme, or NAFIS, is a training initiative run by the government. By 2025, the project wants 10% of private sector positions in the UAE to be held by Emiratis. The initiative will invest funds in hiring and training young, skilled Emiratis to accomplish this. Termination of employment ------------------------- Both employers and employees can terminate an employment contract. They can accomplish this by adhering to additional legal ramifications and serving a notice period. Article 42 of the UAE Labour Law outlines the following circumstances under which an employer may terminate an employment contract: * The employer does not renew the work contract, and the period ends. * The employer and employee agree to end the contract in writing. * When one party decides to terminate the agreement, they both notify the other of the planned notice period. * The death of the employer may terminate the agreement. * If the worker passes away or is declared medically incapable of working, the employment agreement may terminate. * The employee must comply with a final court ruling that imposes a three-month minimum freedom-restriction punishment. * According to UAE law, the establishment of shutters is indefinite. * The employer experiences financial difficulties, bankruptcy, involvement, or other circumstances that make it impossible for labor to continue. * Without the employer’s consent, the worker does not meet the requirements to renew their work permit. ### Notice Period for Termination The following must be met within the notice period to end the contract for good reason: * An official notice * The terminating party gives a 30- to 90-day notice period. Work Permit or Visa in UAE -------------------------- The employer must obtain the work permit on behalf of the employees. The Ministry responsible for granting work permits in the United Arab Emirates is the Ministry of Human Resources and Emiratization, or MoHRE. * The employer prints the work permit application via the Ministry of Labor’s internet portal, Tas’Heel. * They turn in the necessary documents. * After reviewing their application, the Ministry requests the applicants to resend any missing documents or fix any anomalies. * The Ministry issues the approval, and the employer can download it from the Ministry website. Canceling A Work Permit ----------------------- If a worker’s contract expires, their employer may cancel their work permit. The employer needs to admit that it has paid the employee what they are legally entitled to. The employee’s signature must also be on the permit cancellation form. There is a prohibition to work without a valid work permit in the UAE, according to the Labour Law. Disciplinary guidelines ----------------------- In the private sector, employers are free to impose disciplinary measures. These could be anything from a formal notice of impending termination to a warning of temporary suspension. Considering the seriousness of the infraction, take the appropriate disciplinary action. Make the employees aware of the punishments as well. Sanctions are only applicable following an investigation and a hearing with the employer. The Bottom line --------------- The automated recording feature is one of the main components of [HR systems](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php). Compliance with labor laws depends on maintaining correct, up-to-date records. HR software enables businesses to efficiently manage, store, and retrieve vast amounts of employee data, including working hours, pay, benefits, and leave rights. HR staff can lower the possibility of errors that could result in noncompliance issues by automating these activities. [Payroll and HR software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) offers automated notifications when there is a detection of violations. This helps enforce laws regarding overtime pay and breaks. HR software assists employers in keeping employees compliant and avoiding potential legal problems. One of the best HR software is Elate HRMS. Elate [HRMS Software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) complies with all UAE labor laws and regulations. Contact [Penieltech](https://www.penieltech.com/) for a free demo and consulting. Take your business to the next level.

Admin Wed Oct 16 2024

HR and Payroll Software

Salary Certificate Basics in UAE

Businesses and organizations are not allowed to simply state that they have employees in the UAE. You must give them documentation proving their employment. An employer’s confirmation of employment within a specific organization is provided by a wage certificate. With the advancement of the UAE market, there is no need for hard copies of salary certificates. [HRMS software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) eases the process of payroll and gives the certificates online to the employees. Let’s examine all the information you require regarding salary certificates in UAE. ![Salary Certificate Basics in UAE](https://www.penieltech.com/blog/wp-content/uploads/2024/02/Salary-Certificate-Basics-3-1-1024x1024.png) What are Salary certificates in UAE? ------------------------------------ A salary certificate in UAE is proof of your job status and entitlement to pay from an employer. As a result, the aforementioned document, which includes information about your employment with the company, was provided by the employer you work for. Furthermore, this certificate needs to be printed on paper, signed by authorized staff, and on firm letterhead. Furthermore, various reasons might prompt a request for this document, and it is not intended for any specific institution. On the other hand, an individual or business addresses a wage certificate request letter. The letter should also include an explanation of the employee’s wish. However, if you want to apply for a credit card, loan, or immigration procedure, you must have the certificate. Similarly, the information is the same even though each bank may use a different format for its salary certificate in the UAE. In this instance, you have to let HR know if the bank uses a different format than your business. The format of salary certificate in UAE --------------------------------------- A salary certificate is required in the UAE to apply for a credit card or loan. The majority of banks and other financial organizations have their format for salary certificates, but the essential details are always the same. Typically, authorized people print it with the company’s letterhead, signature, and seal. The Ministry of Foreign Affairs and the Consulate General of the employee’s home country must certify it. * Date of issue * Name of the employee * Employee position * Job Description * Start date of your work * Gross and net salary * Benefits (housing, rent, transportation, utilities, and others) * Refunds * Signature and contact information of the official Furthermore, this information may change based on the demands of the staff or the goal of the request. In certain situations, you could also want other pay-related formats, including the UAE salary slip format. Additionally, this kind of document provides vital details about your pay at the issuing organization. If you need this kind of document, you might need a salary certificate in the form of a letter. Salary slips vs. Salary certificates vs. Salary certificate letter ------------------------------------------------------------------ Salary slips are now given to the employee by you, the company. They are essentially just documents that employees must maintain, outlining their net and gross income before any potential tax and other deductions. Financial authorities do not authorize these documents for employees to use as official documentation of their income when applying for a loan. It is no longer necessary to provide paystubs in hard copy. Employers now more often issue payslips through email or [HR software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php). The employer provides the employees with an official document called a salary certificate. They can ask the company for one. It certifies that individual as an employee of your company and details their work period and compensation. An additional section in a salary certificate letter explains why you issued the certificate and addresses a specific bank or financial institution. When requesting a letter, you may only use this document for the indicated purpose. Why Do Banks Ask For a Salary Certificate UAE? ---------------------------------------------- When you apply for a credit card, personal loan, auto loan, or any other type of loan, a bank or other financial institution must assess your ability to repay the debt. They accomplish this by analyzing your bank statement to determine your savings and your salary certificate to determine your monthly income. This makes it easier for the organization to make sure that the person to whom it is providing money can repay the loan and be a reliable source of income. Your salary certificate validates the position and your income within the company. The bank or organization will consider this information when deciding about your creditworthiness. Penieltech can help you with a Salary certificate and Payroll Management ------------------------------------------------------------------------ It can take time to handle the data requests made by your staff. HR managers can respond quickly to salary certificate requests by using Elate HRMS modules. You can save time by creating client letter templates using this function instead of corresponding with your staff one-on-one. You can quickly write a salary certificate using Bayzat’s template samples, and you can easily modify them to suit your employee’s needs. [Elate HRMS software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) offers an exceptional payroll experience, encompassing all of these features. You can now access and update payroll records from anywhere at any time. You can be sure that the system is working for you because it is safe, secure, and complies with UAE legislation.

Sophia Thu Dec 12 2024

Information Technology

Top 10 Event Management Companies in Dubai

Importance of Event Management Companies in UAE ----------------------------------------------- The first thing you should know about the role the event management companies in Dubai play in your organization is that not all companies will perform or supply the same services. Even with its creativity, event management is still a rather costly profession. Before investing in random organizations, it is preferable to have an agenda in place to achieve the desired objectives. Even though the majority of event management businesses have comparable duties to play in brand activation, they nevertheless add a specialization and unique element to their work. Therefore, the ideal course of action is to analyze the right company that fits your message, agenda, and style. Here is a list of some top event management companies in Dubai. Max Events ---------- A full-service provider of event management, Max Events Dubai is the epitome of elegance, originality, and excellence. Max Events offers a wide range of services and has a track record of producing outstanding productions and events in the United Arab Emirates. It provides innovative technical and creative services for events, including cutting-edge lighting and audio/video technology that elevates any occasion. * In addition, it provides a comprehensive database of entertainment alternatives in the UAE to suit a wide range of events, including conferences, gala dinners, corporate launches, MICE gatherings, award ceremonies, and exhibitions. * However, its list of offerings doesn’t end there. Motion graphics from Max Events will give your event a lively and captivating visual experience. * Additionally, it provides furniture rental services, guaranteeing a chic and cozy event venue. Purple Orynx ------------- Purple Orynx is the firm to contact if you want individualized attention and an innovative approach to event management. With more than ten years of experience in the field, it specializes in flawlessly designing, planning, and carrying out corporate events, saving you the hassle of doing it yourself. * Another “attention-to-detail” business that doesn’t skimp on anything is Purple Orynx. Before beginning work on your event, its event planners learn about your needs. * To provide its local and foreign clients with flexible and expert services, it also makes use of the newest technology in event equipment. * For example, they will handle all aspects of organizing an exhibition, from conceptualizing 3D designs to building the show physically and completing assembly and delivery. Urban Events Dubai ------------------ In this list of the top event management companies in Dubai, it would be unfair to leave out Urban Events Dubai. Renowned for its impeccable execution, meticulous attention to detail, and innovative approach, this multi-award-winning firm stands out. It provides excellent services. Urban Events distinguishes itself by proactively integrating into the teams of its clients during the event preparation phase, guaranteeing a customized and outstanding experience. In addition, the organization has made a significant impact on a variety of industries and takes pride in offering exceptional customer service and flexibility. They provide services: * Design and development of event concepts * RSVP management * Using an experiential brand approach * Management of production and logistics * Management of Brand Activation Venues Sky High -------- This Dubai-based business specializes in providing excellent party planning and event management services. The business, with professionalism and originality, has a history of organizing several well-known events. Sky High guarantees to provide you with the best possible services thanks to its well-assembled staff of imaginative event planners. To minimize risk and uncertainty, the team plans, executes, and demonstrates everything well in advance of the event. They will do everything in their power to plan a celebration just the way you want it. It has an astounding effect on the partygoers. * Business gatherings * Meetings and Brand Launches * Weddings and private celebrations * luxurious dinners * fostering teamwork Entourage --------- Entourage is a full-service live communications firm that specializes in social media solutions, events, and advertising. Since 2009, it has assisted businesses and brands in building a solid rapport with their target market. The organization boasts a staff of event managers with over 15 years of deep industry experience. They specialize in conferences and business events. They create captivating themes, agendas, speaker lineups, stage designs and scripts, and publicity campaigns for leading businesses and product launch events. * Their ability to provide exceptional event management has enabled them to collaborate with several public and corporate organizations. * Additionally, the organization can help you with brand marketing, event production, design, and execution. * Numerous campaigns and events, like the Nobel Museum campaign at the Burj Khalifa, The Knowledge Summit 2014–2015, and LinkedIn events, have been well managed by it. Jannat ------ The UAE’s top player in the event management industry is Jannat Jannat Events. It has successfully organized and carried out over 250 events. It generally consisted of large-scale corporate events, bridal and baby showers, and birthday celebrations. * It is one of the best event management firms in Dubai, with a wide range of expert personnel and party staff. * Whether you need singers or dancers, entertainers, makeup artists, photographers, caterers, or designers, just ask, and they will supply. Together, they elevate your events. * Their talented artists are dedicated to bringing your visions to life with vigor and enthusiasm. AND Events ---------- If you want to plan an event with a unique theme and superior amenities, you may schedule events consecutively. The business guarantees unparalleled excellence and will go above and beyond for its clients. * To provide more than the typical event management services, they pay close attention to detail and concentrate more on comprehending the needs and desires of their clients. * With the variety of events they offer, it may serve as a one-stop shop. * It all begins with a little family event, such as a themed birthday party or wedding, and progresses to larger business events, such as annual dinners, product launches, employee family days, etc., and finally to any kind of social gathering or a themed event. Mosaic Live Event ----------------- Established in 2007, Mosaic Live Events has grown to be a well-known brand in Dubai’s events sector. When it comes to planning lavish marketing activations or high-profile corporate events, Mosaic Live’s inventiveness and attention to detail are unparalleled. * A group of skilled curators and event professionals handle corporate event services. They strongly guide their event planning with a practical technique. * Together, you will choose the perfect location, set the mood for the occasion, oversee the catering, and make sure everything runs well. * In addition, the company has executed more than 600 events, and it has won 17 event management industry awards in recognition of its outstanding contributions to the field. Orbit ----- Orbit is a high-end event and marketing management firm with expertise in organizing weddings, testing products, creating fun events, activating sponsorships, and more. The company has over 20 years of industry-rich expertise. * They have successfully executed hundreds of events throughout the years, including award distribution ceremonies, live performances, private parties, and brand activation. * They have spread throughout the UAE, so they are not just in Dubai. The organization arranges live entertainment in the United Arab Emirates and handles Global Talents. * Orbit Events, one of the best event management firms in Dubai, works with elite vendors and renowned locations to make a statement that makes them stand out on every project. Emerald Events And Exhibitions ------------------------------ Based in Dubai, Emerald Events and Exhibitions is a multi-award-winning event management firm. In 2019, 2020, and 2022, it was named the “Best Event Management Company” three times in a row. * Furthermore, it was recognized for its expertise and high service quality in event management by winning the “Distinction Award for Exposition Organisation” in 2019, 2020, and 2022. * Emerald has experience in a wide range of industries, including golf days, huge conventions, gala dinners, festivals, exhibitions, and conferences. * In the big picture, Emerald uses tried-and-true skills and knowledge in event management to organize, create, and carry out a faultless event. * This includes planning the event’s budget, timeline, site selection, transportation and parking arrangements, emergency plan design and implementation, décor and culinary preparations, and security measures. The Bottom Line --------------- Since technology has revolutionized the way events are organized and carried out, it has substantially changed event management. Statista projected the global event business to be worth $890 billion. It is expected to surpass $2 trillion by 2028, suggesting enormous potential for expansion in the industry. Investing in event management technologies can be quite beneficial for event planners looking to improve their event management skills. The success of your events can be greatly impacted by the numerous advantages that this effective instrument offers. [Event management software](https://www.penieltech.com/) offers a complete solution, from improving guest experiences to expediting planning procedures. For those in the event industry, this software is revolutionary because of its scalability, adaptability, and strong data security. [Financial management software](https://www.penieltech.com/erp-software-uae-dubai.php) and [Human Resource management software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) will be combined in ERP Software. However, Penieltech provides this unique solution to all the businesses in UAE. Schedule a free demo consult with our experts and get customized software for your business.

Drew Thu Dec 12 2024

ERP Application

Top 10 Health Insurance Companies in Dubai

One of the most important things a person needs throughout their life is health insurance. Life is unpredictable and uncertain, so we never know when things might go wrong. That is the purpose of insurance companies in Dubai: to give you protection and financial support when you are most in need. You can get critical medical care without worrying about expensive bills if you have health insurance. Additionally, it offers you comfort in knowing that you are covered for unforeseen medical crises that can deplete your resources. Here are some of the best health insurance companies in Dubai. Let’s discuss the features of these health insurance companies in Dubai to secure your life and health. Dubai Insurance Company ----------------------- His Highness the Late Sheikh Rashid Al Maktoum created Dubai Insurance Company (DIC), one of the top health insurance companies in Dubai. Visa holders for Dubai and the Northern Emirates, as well as their dependents up to the age of 18, are eligible for its health insurance. Whether you cover your employees, family, or yourself, you can personalize your policy to fit your needs. In addition to health care, the reliable business provides house, auto, and vacation insurance. The greatest health insurance in the UAE has the following essential components: * 24-hour emergency assistance * coverage for services related to diagnosis, treatment, and investigation * diagnostic services in radiology * Cancer detection, diagnosis, and management * services for laboratories * Immunisations and vaccinations * Simple and hassle-free claim process Watania Takaful --------------- One of the top 10 insurers in the United Arab Emirates and the second-largest Takaful provider is Watania Takaful. The company provides an extensive array of Islamic insurance products, which include Home, Personal Accidents, Travel, Marine, Engineering, Casualty & Liability, Warranty, Property, Office, General Accident, SME, and Medical and Family (Life Insurance) coverage plans like flexible savings, investment, income protection, and pure protection, in addition to Motor, Technical, or General Takaful Plans. Watania Takaful uses a nationwide network of full-service offices to serve both individuals and businesses. It is a wholly owned subsidiary of Watania International Holding, an investment holding company that is listed on the DFM and is ideally positioned to take advantage of expansion prospects in the Takaful sector. Takaful Emarat --------------- Founded in 2008, Takaful Emarat Insurance PSC is a well-known supplier of life and health insurance policies adhering to Shariah. Notably, the business has received the prestigious endorsement of the UAE Central Bank in addition to authorization from the Dubai Health Authority. * received the 2018 Takaful Insurer of the Year Award and the UAE Insurer Award for their seamless services and prompt delivery. * Provide up to AED 15,000 in coverage for prescription medications. * Provide a maximum of 20 physiotherapy sessions annually. * Up to AED 3,000 in dental care, payable directly to network providers, and up to AED 1,500 in optional eye care. Sukoon Health Insurance ----------------------- For anyone anywhere in the world, one of the top private health insurance companies in Dubai provides an enormous selection of insurance policies. Sukoon has established itself as a reliable and trustworthy insurance brand since its founding in 1975. * The Premier Package assists with routine check-ups, immunizations, and daily health care and covers up to one million pounds in countries worldwide, excluding the United States. * Elite package, which offers coverage up to three million pounds in the United States and other nations. It helps with childbirth, therapy, and necessary medical care. * The Ultimate Package offers unrestricted access to physicians, emergency treatment, cancer tests, hospital rooms, and other special features with no annual maximum cost. Salama Insurance ---------------- Salama Insurance, with numerous accolades and decades of experience, is a globally recognized Takaful company. You can find some great healthcare packages among their other insurance products, such as travel and auto insurance. * Residents who make less than 4,000 AED per month are eligible for the Essential Benefits Plan. At a reasonable cost, this plan covers immunizations, chronic illnesses, emergency care, and a host of other medical services. * The Enhanced Benefit Plan offers Silver and Gold coverage among other options. This plan features a variable annual limit, regular health exams, and global coverage. AIG --- This reliable business has several years of experience operating out of Dubai. AIG’s health insurance guarantees your protection and coverage in case of an emergency. They cover hospitalization costs for both illnesses and accidents under their Hospital Cash Insurance program. Additional AIG bundles consist of: * Accidental death, permanent partial or whole disability, and even post-mortem costs such as caskets and burials are covered under personal accident insurance. * Coverage for severe illnesses such as cancer, strokes, and heart attacks is provided by critical illness insurance. * Also, this insurance is offered everywhere, around the clock, so you can be sure you’re always covered. Cigna ----- Cigna Insurance is one of the top insurance companies in Dubai, having been in business for decades. You can reach over 5,000 healthcare professionals in the Middle East around, 24/7, with their packages. * Plans for your family and yourself that help you be ready for any medical crisis. * Companies should offer scalable plans to all companies, regardless of size. * Government, ensure that the welfare of the people comes first. * All of these plans include coverage for chronic diseases, inpatient care, and access to the greatest medical care. GIG Gulf -------- GIG Gulf, formerly AXA, makes a name for itself with a broad network that includes 3,000 medical facilities in the United Arab Emirates and an astounding 800,000 providers worldwide. * 24-hour assistance and no-cost virtual consultations with licensed physicians to get professional guidance before medical procedures. * When local facilities are inadequate due to your health, they provide full travel coverage and immediate medical treatment while you’re overseas. * If someone passes away unintentionally, they offer a compensation of between AED 25,000 and AED 150,000. * Their Mygig app is made especially to satisfy policyholders’ needs in a matter of clicks. MetLife -------- MetLife provides customized health insurance policies in Dubai, ranging from basic coverage to high-end choices. In addition, they guarantee a comprehensive healthcare experience by offering extensive pre- and post-customer assistance. * they received multiple honors for their exceptional work, including the Middle East Insurance Industry Awards’ Life Insurance Company of the Year 2019, the MENA Insurance Awards’ Health Insurer of the Year 2020, and the MENA Insurance Awards’ Insurer of the Year 2021. * Named one of Fortune Magazine’s World’s Most Admired Companies * Include coverage for 32 serious medical diseases and provide up to USD 500,000 in cash payments to cover expenses like bill payments and missed income. Orient Insurance ---------------- Only the best medical procedures are covered by Orient Insurance, a division of the Al-Futtaim Group. It has been the nation’s most popular option for insurance for many years. Both solo and group options are available. * Their customized programs benefit UAE residents who are not employed as well as their dependents. * Their group plans are ideal for corporations and businesses. These two plans include benefits for inpatient and outpatient care, maternity needs, and treatments for chronic illnesses across the globe. The Bottom Line --------------- Employers now bear a greater burden as the majority of GCC nations have made private health insurance mandatory for all citizens and residents. By putting more pressure on insurance companies through healthcare organizations, nations like the UAE and KSA have elevated healthcare to a national priority. Enterprise resource planning, or ERP software for the healthcare industry, helps in the management of internal procedures and assets. In addition to managing billing and scheduling staff hours and appointments, it may be used to maintain inventory, order supplies, and more. [Healthcare ERP software](https://www.penieltech.com/erpnext/erp-software-for-healthcare-industry) systems are important to improving and streamlining many factors of healthcare administration. These technologies offer unmatched advantages. They boost operational efficiency and ensure compliance. Patient care takes top priority. They design the technologies to grow and adapt to your business. We at [Penieltech](https://www.penieltech.com/), are at the forefront of providing cutting-edge healthcare ERP systems that are beneficial and meet the demands of healthcare facilities. To strengthen your team, we provide a range of data-driven insights and healthcare software development services. Our experts are available at all times to assist you in selecting the appropriate software features and to offer healthcare IT consulting services. To create your ideal [ERP solution](https://www.penieltech.com/erp-software-uae-dubai.php), get in touch with our team.

Morgan Thu Dec 12 2024

HR and Payroll Software

Top 10 recruitment agencies in Saudi Arabia

Looking for a career in Saudi Arabia or finding the perfect candidate for a specific position? You need the assistance of reputable recruitment agencies in Saudi Arabia. With an expanding job market and a thriving economy, Saudi Arabia presents profitable prospects for workers in a range of industries. However, selecting the ideal position or individual can be difficult without the correct support. This is the role of recruitment agencies. Let’s discuss the top 10 recruitment agencies in Saudi Arabia in this post to facilitate communication and help both [employers and job seekers](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) make wise choices. **The First National Company - FNRCO** -------------------------------------- FNRCO is a top consulting and recruiting firm that offers a plethora of regional and global experience. Also, it provides comprehensive market research to its clients and candidates across the Kingdom of Saudi Arabia. * FNRCO has a committed staff of highly experienced and skilled placement specialists and is completely outfitted with database technologies. * Since 2013, they have been connecting the best applicants with prestigious businesses through a stringent screening process. Their knowledge base covers the entire Kingdom of Saudi Arabia. * More than 1,000 professionals are employed by the company, which has over 13 offices around the Kingdom and other countries. * Its goal is to support the Kingdom’s 2030 vision and provide its clients with top-notch services that are in line with their interests. **Ejadah Management Consultancy** --------------------------------- In Saudi Arabia and the Gulf, EJADAH Management Consultancy (EMC) is a top supplier of organizational development and comprehensive human resources solutions. * This company is the leading provider of comprehensive HR solutions in Saudi Arabia, fusing local market knowledge with global proficiency. * Their superior services center around three primary activities that set us apart in the local market. It includes executive search, middle management recruitment, and consultancy. * With an emphasis on human resources development, they can either start from scratch or connect your HR department with your strategy to improve employee and organizational performance. * All things considered, they possess the knowledge and resources needed to offer you full-service management consulting. **Adam Recruitment** -------------------- ADAM Recruitment is one of the best specialized recruitment agencies in Saudi Arabia providing the best executive staffing services available. * Their outstanding service delivery platform is built on a solid foundation of expert commitment, high standards of professional behavior, and open lines of communication. * Their strong reputation, exclusive and highly esteemed clientele, and candidate interest have been garnered by their prompt feedback to clients and exceptional customer care. * With the help of their customized service, businesses can discover the ideal answer to their executive and specialty hiring needs. As a result, they enable qualified applicants to reach their greatest potential. * Their primary services include hiring, human resource consulting, and training. **Tauzeef Company For Human Resourcing** ---------------------------------------- The Kingdom of Saudi Arabia’s first authorized recruitment company is Tauzeef. Hiring executives and professionals in their areas of expertise. * They take great pride in servicing their local and regional industries as a top human resources organization. * Their objectives are to be a major force in the local and regional business communities. They also aim to become the unchallenged leader in human resources for the region. * Their area of expertise is hiring senior executives. In the fields of manufacturing, oil and gas, mining, FMCG, retail, and information technology, they have hired a large number of executives. * Tauzeef keeps confidential the information it receives from both clients and candidates. * They accept client assignments only when they are confident in their ability to complete them satisfactorily. **NES Global Talent** --------------------- In the mining, oil and gas, power, and life science industries, NES Global Talent supplied engineering and technical staff. As the leading engineering employment provider in the world, they merged with the Fircroft group in 2020. * As an organization that values people, they have access to the top talent worldwide because of their more than 80 offices spread over 45 countries. * To ensure happy and long-lasting employment, they function as an extension of your company. They vet candidates based on both their technical and soft talents. * They are unmatched in their retained and executive search capabilities. **PROVEN** ---------- Founded in 2009 to facilitate smooth business operations for Saudi Arabian companies, Proven has grown to become a top provider of outsourcing services. * They provide services to clients throughout the GCC, which includes Saudi Arabia, Bahrain, Kuwait, and the United Arab Emirates. * They are also progressively expanding into other foreign markets. Their ten-year presence enables them to offer their partners the best possible blend of technology, experience, and modern service delivery methods. It allows them to maximize their value generation. * Their extensive service portfolio and established partner network enable them to serve as a one-stop shop for services related to all business sectors. * Proven functions well with a distributed team structure. Their main office in Riyadh is home to their consultants and core specialists. By growing nearly every team across multiple international offices, they can use the greatest talent pools out there. * They provide total accountability, zero disruptions, and continuous service delivery together with full client support. > **_Also Read_** > > [Best Recruitment Agencies in UAE](https://www.penieltech.com/blog/top-10-recruitment-agencies-in-dubai/) **Hays Saudi Recruitment Services** ----------------------------------- As experts in specialized hiring and workforce management, they provide advice services in areas including professional transitions, learning and skill development, and employer branding. * As their clients’ Leadership Partner, they make long-term investments in alliances that enable individuals and companies to prosper. They use their worldwide reach and insights together with relevant innovation to help you meet your business demands and reach your professional ambitions. * They assisted more than 280,000 people in locating their future careers last year. * They support their clients in developing and implementing plans to establish diverse and equal work environments. They assist in business decision-making by utilizing and evaluating data, and they also guide how to connect with talent networks. By fully comprehending a company’s identity, they also help in identifying appealing employer offers. * They also support customers with all facets of their Early Career proposition, from operational execution to strategic planning. **BAC Middle East** ------------------- The UAE’s oldest and most reputable professional recruitment agency is BAC Middle East. * Since their founding in 1979, they have led the recruiting industry in the area for more than 40 years. * They were also the first company to obtain ISO9001 certification globally. This is a testament to their unwavering focus on quality and client satisfaction. * Regardless of your business, they can help you with recruitment needs ranging from junior professionals to middle and senior management. It’s because of their well-developed infrastructure and staff strength. * With the resources and track record of BAC in the area, you can be guaranteed to hire the best applicants. Take advantage of a managed hiring process with one of the top recruitment agencies in Saudi Arabia. **Cooper Fitch** ---------------- Cooper Fitch rethinks what is expected of recruiters. They provide you with more than simply competitive market data and elite talent. * They give you access to the data and tools that will determine the future success of your company. * Executive search and recruitment * HR consulting * Recruitment process outsourcing * Using their more than 150 years of experience, they have established business units with primary competencies in strategic leadership, HR, finance, marketing, sales, strategy, law, and technological support for multiple industries. **_Disclaimer: This blog serves solely for informational purposes. We do not endorse or rank any entities as “top” or “best.” Our research primarily involves gathering information from sources such as Google and other search engines to provide comprehensive content. Before making any decisions, we strongly recommend consulting multiple sources. Results may vary significantly based on individual needs and requirements._**

Sophia Thu Dec 12 2024

Odoo ERP

Top 10 features of Odoo

For many firms, Odoo ERP is a necessary enterprise resource planning tool. Odoo is a widely used [ERP solution](https://www.penieltech.com/erp-software-uae-dubai.php) that is available as open-source software. Let’s discuss the key features of Odoo ERP in this article. Regarding enterprise resource planning (ERP) solutions, [Odoo ERP](https://www.penieltech.com/odoo-partner-dealer.php) is a dependable and adaptable platform well-known for having an extensive feature set that meets a wide range of corporate requirements. Odoo ERP has many features that make it stand out in the industry, from improving productivity to streamlining processes. This ERP software guarantees users the greatest service at the most reasonable cost, and the ERP may be tailored to the business’s operations through the integration of Odoo modules. Odoo offers a comprehensive solution for managing business operations. This ERP Platform guarantees the users’ smooth data migration support, effective training, and easy installation. **Top 10 features of Odoo ERP** ------------------------------- ### **Modular Organisation** Odoo, an ERP with a modular architecture, offers customers a vast array of software tools for managing and expanding their businesses. Several modules, including [CRM](https://www.penieltech.com/crm-software.php), Purchase, Sales, Inventory, Accounting, Manufacturing, and HRMS, make up this ERP package. The Odoo team constantly adds new features and modules to improve business operations. In addition, after reviewing the market and analyzing the requirements, the Odoo team builds new modules. Businesses gain from integrating Odoo modules. For managing the supply chain, customer relations, human resources management, and other activities, Odoo provides investors with excellent support. ### **Community and Enterprise Editions Are Available** Access to Odoo with Community and Enterprise Editions is both free of charge and requires a small payment. No license is needed to use Odoo’s Community edition. With Odoo Partners’ assistance, the Enterprise Edition can be implemented as a licensed version. Odoo Community can be put into use for free. For small enterprises, it is the most effective ERP solution available. The enterprise edition is what the investor should rely on if he wants to update the ERP program and receive the most recent changes. ### **Flexibility** The most adaptable ERP system is Odoo ERP. With the assistance of an Odoo Developer, we can guarantee the smooth completion of the customization for this application. Software developers can rapidly and easily modify Odoo’s source code to tailor the tools to their specific business needs. ### **The ability to scale** If you want to use Odoo, the size of your company won’t be a big deal. Regardless of the size of the organization, Odoo provides appropriate ERP solutions. Because Odoo is an affordable solution, companies may choose the features that are necessary for their operations to determine how much to invest. With Odoo’s support, businesses of all sizes can run efficiently. > **_Also Read_** > > **_[Odoo Implementation](https://www.penieltech.com/blog/odoo-implementation/)_** ### **Industry Specific** All sectors can trust Odoo ERP products thanks to industry-specific customization. Carefully integrating the components depends on the industry. This application is necessary for the smooth running of [wholesale and retail firms](https://www.penieltech.com/erpnext/pos-retail-erp-software), the hospital and hotel industry, the construction and education sectors, and all other industries worldwide. ### **Easy Integration Assistance** Do you want to combine various features from several software programs to enhance your application’s functionality? Odoo is therefore your best option. This is so that your tool can be more effective. Odoo offers the integration of Odoo applications with third-party apps in addition to allowing the integration of Odoo modules. This will enable you to use the same ERP application to manage several businesses, such as customer relationship management and eCommerce. For quick commercial transactions, we can also link shipping platforms and payment gateways with Odoo. ### **Easy-to-use Interface** With a plethora of customization choices, Odoo provides you with the greatest interface available. For increased usability, users can download themes and layouts. To give users a quick overview of the information, Odoo ERP supports pivot, list, and graphic views of reports and facts. We make the perspectives to facilitate the correct operation of the tool, even for the least experienced user. ### **Regular Versions and Updates** Odoo was first published as Tiny ERP and has since developed fourteen versions. Every year, Team Odoo publishes an updated version with new modules and features. Additionally, the current versions introduce new features based on new developments in technology. As a result, Odoo releases versions more frequently than proprietary versions. The team constantly updates the current functionalities while analyzing market conditions and industry requirements. Odoo also introduces new modules. The Odoo team regularly conducts debugging operations and reviews Odoo’s performance with the community teams. To better assist the consumers, we also examine and upgrade the security feature of this software product. ### **Analytics and Reporting** Real-time insights into business performance are provided by the analytical tools and comprehensive reporting offered by the ERP system. Users may more effectively make data-driven decisions, spot trends, and project future results with customized dashboards and comprehensive analytics. ### **Workflows and Automation** Process simplification is made easier by Odoo’s automation features. To automate repetitive processes and decrease manual intervention while increasing operational efficiency, users can establish workflows and triggers. **Bonus Feature** ----------------- ### **Odoo Partners** Penieltech can assist directly with Odoo implementation, and provide support as Odoo Partners. An Odoo partner is an organization that offers high-quality Odoo services. Working with an official Odoo partner who has received training from Odoo is always advantageous for the customer. All Odoo partners have access to the source code for Odoo Enterprise, just like Penieltech does. The partner’s direct communication with the Odoo team makes tasks related to Odoo implementation, customization, and data migration easier. You can also receive the greatest support in the shortest amount of time from an official [Odoo partner](https://www.penieltech.com/odoo-partner-dealer.php). Collaborating with an official Odoo partner reduces the likelihood of technical difficulties and unsuccessful implementation.

Morgan Thu Jan 02 2025

Odoo ERP

Odoo implementation

When preparing ERP software for your business, one of the most crucial topics to consider is the Odoo ERP Implementation checklist process and processes. We’ll talk about the things you should consider when creating and modifying [Odoo ERP software](https://www.penieltech.com/odoo-partner-dealer.php) for your company in this blog post. You can overcome several obstacles by using this blog. Before deciding on Odoo ERP software for your company, several steps must be taken. These include viewing an Odoo demonstration, comprehending the functionalities, gathering requirements, planning phases, customizing areas, finalizing the vendor, and creating project timelines. ![odoo implementation](https://www.penieltech.com/blog/wp-content/uploads/2024/01/odoo-implementation-1024x1024.jpeg) Businesses can face a variety of obstacles when implementing Odoo, including issues with data quality, management, technology, and even psychology. Therefore, we strongly advise maintaining tight control over the Odoo implementation process and refraining from moving forward with requests for extra-level customizations or adjustments. Before beginning the procedure, we also suggest that a firm obtains the Odoo guide and specific checklists. **Steps to implement Odoo ERP for your business** ------------------------------------------------- ### **Establish Your Business’s Needs** Establishing your company requirements is a necessary step before you begin an Odoo implementation project. Spend some time understanding your business’s procedures, problems, and the outcomes you hope to attain with Odoo. You can choose the appropriate Odoo modules to fulfill your needs once you have a firm grasp on what you need. ### **Select the Appropriate Odoo Modules and Version** Odoo comes in several variants, such as the Community and Enterprise editions, and a wide selection of modules. You must select the appropriate Odoo version and modules based on your business needs. When choosing a module, take into account its integration potential, customization possibilities, and scalability. ### **Choose a Partner for Implementation** A successful Odoo implementation depends on selecting the appropriate implementation partner. Seek out an Odoo installation partner with a strong track record, a wealth of experience, and an in-depth understanding of the platform. A knowledgeable partner like [Penieltech](https://www.penieltech.com/) can help you avoid typical errors, provide insightful advice, and navigate the implementation process with you. > _**Schedule Your Complimentary Demonstration Now!**_ > > Your name > > Your email > > Your Phone > > Product > —Please choose an option—Cheque PrintingElate CRMElate ERPReal Estate Property ManagementTally PrimeQuickBooksSage Accounting SoftwareHRMS SoftwareCustom ERPAccounting SoftwareVAT Accounting SoftwareWeb DesignCorporates TaxERPNextOdooInventory ManagementWarehouse ManagementQuickBooks Invoicing SoftwareOtherDigital MarketingSEO > > Your message (optional) > > Δdocument.getElementById( "ak\_js\_23" ).setAttribute( "value", ( new Date() ).getTime() ); ### **Create a plan for the project** It’s time to create a project plan when you’ve determined your business needs, identified the appropriate Odoo modules, and picked an Odoo implementation partner. The project plan should describe the project’s scope, schedule, objectives, roles, and duties. A clear project plan can guarantee that the work proceeds according to schedule and that all parties involved are aware of what to expect. > > **_Also Read_** > > > > **_[Migrating QuickBooks Data to Odoo](https://www.penieltech.com/blog/migrating-quickbooks-data-to-odoo/)_** ### **Data Migration and Clarifying** Data migration is essential to every [ERP setup](https://www.penieltech.com/erp-software-uae-dubai.php). You should verify that all your data is transferred accurately and that there are no disparities in the data. To guarantee the accuracy of your data, you should also clean and validate it before moving. ### **Modify and Set Up or Implement Odoo ERP** Because Odoo is so flexible, you can easily customize it to meet your business requirements. Customization and configuration, however, call for meticulous preparation and implementation. Configure and personalize Odoo in collaboration with your implementation partner to satisfy your company’s needs. ### **Testing and User Training** Testing and user training are essential to a successful Odoo deployment. Ensure that every employee receives proper training on Odoo usage. Perform extensive testing before going online to find and fix any problems. > **_Also Read_** > > **_[How to Migrate from Odoo to ERPNext?](https://www.penieltech.com/blog/how-to-migrate-from-odoo-to-erpnext/)_** ### **Launch and Offer Assistance** It’s time to go live when user training and testing are finished. Going live, though, may be an arduous process. Ensure you have a well-thought-out plan for system maintenance, user assistance, and data backups during the go-live period. ### **Ongoing Upgrades** The process of implementing ERP is continuous. To guarantee your system is operating at its best, you must constantly check on it and make improvements. Examine your business procedures regularly to find areas that could want improvement. Make data-driven decisions by monitoring the operation of your system with Odoo’s integrated analytics and reporting features. **The Bottom Line** -------------------- These ten stages can assist in ensuring a successful Odoo setup, even if implementing an ERP system can be a difficult and complex procedure. Don’t forget to specify your company needs, pick the appropriate Odoo version and modules, pick a seasoned partner for implementation, create a strong project strategy, and give data migration and cleansing top priority. Adapt and set up Odoo to your unique business requirements, provide efficient employee training, and keep an eye on and update your system constantly. > **_Also Read_** > > **_[Odoo vs ERPNext – Latest Updates 2024](https://www.penieltech.com/blog/odoo-vs-erpnext-selecting-the-right-erp/)_** The project plan is what determines whether an ERP system implementation is effective with a checklist or not. ERP system implementation is entirely dependent on the features you want. Selecting the correct company is critical to a successful Odoo rollout. You can choose a vendor more wisely and maintain control over your list of needs for the Odoo ERP software by using the checklists above. As official [Odoo partners](https://www.penieltech.com/odoo-partner-dealer.php), we at Penieltech provide you with one of the best ERP customization solutions. We have completed more than a thousand projects in the UAE and the Middle East Region. We provide end-to-end services that include strategy, training, support, and planning for ERP projects.

David Thu Dec 12 2024

Auditing & VAT Software Services

Top 10 Audit Firms Consultant in Oman

In Oman, a thriving central business hub, people congregate to trade goods and services. Oman is regarded by participants worldwide as a just, comfortable, and successful business environment due to its stringent enforcement of financial regulations, which guarantees an even playing field for all. Let’s look at the key audit firms in Oman today. The purpose of auditing is to confirm the accuracy of the company’s financial accounts, look into internal business procedures, and make sure all legal requirements are met. The auditing process can be used to find and eliminate bottlenecks and increase efficiency in a whole company or just one particular function, production phase, or procedure. In addition to lowering operating expenses, audit firms in Oman help organizations increase profitability and make sure everything is operating well. Selecting an appropriate audit and assurance firm can be challenging, particularly in light of the abundance of seasoned audit firms in Oman providing a wide range of auditing services. The list of the top ten audit firms in Oman is shown below: Penieltech Oman --------------- One of the leading auditing consultant in Oman is Penieltech. [Penieltech](https://www.penieltech.com/) provides top-notch services in audit, accounting, VAT, business consultancy, tax compliance, feasibility studies, and other fields. It has locations in eight different countries worldwide. The audit methods used by Penieltech are customized to meet the needs of each business and industry in terms of operations and reporting. Through our work in audit and assurance, we promote transparency and offer insights. To help you thrive in a world that is changing quickly, their globally coordinated tax professionals offer integrated services across all tax disciplines. Broad business requirements are covered by Penieltech, which also helps businesses align their activities more tax-efficiently. Not only do consulting services they have expertise on, but also they make simpler auditing with Elate Accounting Software. * Audit and Assurances * VAT Services * Bookkeeping and Accounting * Business Consulting * Tax Compliance * Robust Accounting software to handle your finances KPMG ---- Beyond the legal obligations for more disclosure, KPMG’s focus is on restoring trust in corporate reporting and promoting transparency. KPMG is unwavering in its dedication to delivering a trustworthy risk-based audit. Their all-encompassing approach aims to benefit companies of all kinds, from small and medium-sized enterprises to the largest global corporations, by utilizing a global talent pool. * Business Reporting * VAT Compliance * Financial Statement Audit * Internal audits * Risk Consulting Crowe ----- Because Crowe is committed to its client’s success, it will stop at nothing to deliver essential business counsel, superior solutions, and individualized, all-inclusive services. They try to stay up-to-date and completely equipped with the highest technical standards and knowledge needed for any situation in the business world because they are aware of the dynamic and ever-changing nature of the market. * Risk Management * Audit documentation tool * Tax filing obligation * Tax compliance * Business Valuations BDO Oman -------- BDO possesses the perfect blend of technical proficiency, business acumen, and experience to offer our clients superior audit services. This organization provides solutions to improve performance and processes, expert management advice, and impartial credibility for your financial statements. Along with a skilled and trained team, BDO’s extensive experience in assurance services will provide value and guarantee that the audit is finished on schedule, within budget, and to the required standard of quality. * Corporate Finance * Risk Advisory * Financial Statement Audit * Corporate Tax * Tax Consultancy PwC --- PricewaterhouseCoopers, or PwC, is an international services company with its main office in London, England. PwC is one of the “Big Four” accounting firms and the largest professional services company in the world in terms of revenue. Renowned for providing top-notch corporate finance accounting services, Price Waterhouse Coopers also offers cutting-edge risk management, audit, tax analysis, business compliance, corporate finance, and security services. Price Waterhouse Coopers maintains a code of conduct in each of its international offices to make sure that all of the company’s policies and guidelines are adhered to. * Risk management * Financial audit * Tax analysis * Business compliance * Corporate finance * Security services Deloitte -------- Globally, Deloitte is a leader in several services, including auditing, consulting, financial advice, risk advisory, tax, and other related services. One of the most well-known providers of professional services in Oman, Deloitte specializes in financial advising, taxation, consulting, risk advisory, and auditing. They provide numerous more services as well. They serve a wide range of industries, including government and public services, energy resources and industry, consumer goods, telecommunications, media, and technology. The global network of audit experts that comprises Deloitte provides a broad range of audits and advisory services to help customers achieve their business objectives, improve risk management, and boost performance anywhere in the world. * Auditing and Assurance * Consulting * Strategy, Analytics, and M&A * Customer and Marketing * Business Operations Ernst & Young, or EY -------------------- One of the Big Four accounting and auditing firms, Ernst & Young (EY), is a multinational provider of professional services. Through several mergers, the company gained notoriety and developed a contemporary reputation. Ernst & Young was formed in 1989 as a result of the merger of Arthur Young and Ernst & Whinney. In 2013, the business underwent a rebranding that included a new logo, and the brand name EY shortened. Assurance, tax, advisory, and transaction advisory are EY’s four primary service categories. Assurance has been the most profitable service year after year, followed by advisory and tax services, and transaction advisory services, which have generated the least revenue. * Cybersecurity consulting services * Data and decision intelligence * Risk consulting services * Supply chain and operations * Technology consulting services Thornton Grant -------------- Concerning total fee income, Grant Thornton LLP is a member of Grant Thornton International, the seventh-largest accounting network in the world. Globally, Grant Thornton LLP stands as the sixth-largest accounting and advisory business. The company employs over 8,500 people, has 550 partners, and operates 59 locations across the US. Its yearly sales exceed US$1.9 billion. The Chicago-based firm Grant Thornton LLP offers three service categories: audit, tax, and consultancy. Sarbanes-Oxley compliance, mergers and acquisitions guidance, tax, and business appraisals are some of the specialized consulting services and areas of expertise offered. The following industries are the targets: manufacturing, not-for-profit organizations, real estate, retail, technology, transportation, distribution, energy, financial services, food and beverage, healthcare, hospitality, and restaurants. * Statutory Audit * Financial Reporting Advisory Services (FRAS) * Business Risk Services * Technology Advisory & Cybersecurity * International Tax and Tax Due Diligence Charles & Darwish Associates ---------------------------- A clearinghouse for accounting and management services is provided by Charles & Darwish Associates CDA Accounting and Bookkeeping Services LLC. Mr. Mohammad Darwish is the mentor and founder of CDA Accounting and Bookkeeping Services LLC, a recognized professional service organization that offers all kinds of accounting and management consulting services in Dubai. To get the greatest outcomes, they focus on offering both regular and specially designed accounting services depending on the unique needs of their clients. A group of extremely competent people known as CDA gives their expertise in areas like VAT registration, cost-benefit analysis, and budgeting. * auditing and assurance * accounting and advisory * business and management consulting PKF --- Giving its clients more advantages, synergies, and updates is one of PKF UAE’s main objectives. These objectives are the main concerns of the corporate and small- and medium-sized business marketplaces. Because of PKF’s ability to provide its clients in the UAE with more technical resources and experience, those clients receive a higher value. A global network of legally autonomous companies, PKF International Limited is the parent company of PKF UAE. Members of PKF International Limited are committed to quality, integrity, and bringing clarity to a complicated regulatory landscape. PKF International Limited is a global network of companies with legal autonomy. * Statutory Audit * PKF Risk Advisory Services * Accounting Advisory Services _Disclaimer: This blog serves solely for informational purposes. We do not endorse or rank any entities as “top” or “best.” Our research primarily involves gathering information from sources such as Google and other search engines to provide comprehensive content. Before making any decisions, we strongly recommend consulting multiple sources. Results may vary significantly based on individual needs and requirements._

Morgan Thu Dec 12 2024

ERP Application

Why is an ERP System For the Automotive Industry Important?

What is Automotive ERP? ----------------------- The automobile service sector is resource- and management-intensive. Any tool that enhances efficiency and simplifies operations could significantly reduce internal expenses and streamline the core business. In other words, overseeing various aspects of a service organization, such as employee performance and business insights from multiple outlets, becomes more straightforward. If an ERP incorporates this feature, one can oversee, manage, and monitor an entire franchise conveniently from their smartphone. Why is ERP important for the automotive industry? ------------------------------------------------- The automobile service sector is resource- and management-intensive. Any tool that enhances efficiency and simplifies operations could significantly reduce internal expenses and streamline the core business. In other words, overseeing various aspects of a service organization, such as employee performance and business insights from multiple outlets, becomes more straightforward. If an ERP incorporates this feature, one can oversee, manage, and monitor an entire franchise conveniently from their smartphone. ERPs have a bad reputation for being expensive and taking a long time for software vendors to customize their products to fit the needs of each unique business. Thanks to cloud-based [ERP software](https://www.penieltech.com/erp-software-uae-dubai.php), this is no longer an issue. Cloud-based ERPs are not only affordable, but they can also be quickly and simply integrated into a company’s core operations. Over time, cloud-based ERPs have improved to the point where they no longer require expensive, proprietary software. [Cloud-based software](https://www.penieltech.com/erp-software-uae-dubai.php) that has been tried and tested can eliminate all possibility of a custom-installed software failing. Features of Automotive ERP -------------------------- We’ll examine the justifications for ERP system implementation in the automobile business in this part. Automotive ERP’s characteristics and advantages will help today’s producers, who frequently deal with components of various sizes and types across a variety of workstations: **Rules and Regulations Compliance.** Automotive ERP systems make compliance with the Federal Information Security Management Act simple for all businesses in the automotive sector. They achieve this by creating and managing secure reports for submission to regulatory agencies. In addition to providing traceability, ERP also enables you to detect defective products or subpar procedures, which is crucial for meeting regulatory requirements. **Inventory management.** ERP systems can enhance the reliable inventory and production operations that manufacturers rely on. Implementing ERP systems can avoid issues like holding fees, excess inventory, and late delivery. Companies should anticipate leaner processes, raw material deliveries that coincide with manufacturing start dates, and reliable inventory data. **Task Automation.** Employees don’t need to manually prepare delivery notes and invoices because the system generates all reports and sheets electronically. In addition to removing the possibility of human error, this saves time, money, and effort. **Optimization of Resources.** Manufacturers can create a lean supply chain by utilizing [ERP systems](https://www.penieltech.com/erp-software-uae-dubai.php) and the production data they gather. This guarantees better lead times, lower waste, and optimal resource utilization. Advantages of Automotive ERP ---------------------------- **Enhanced Real-Time Data Access.** ERP systems for the automotive industry simplify the flow of information inside a company. Collecting accurate data from all departments empowers management teams to make well-informed judgments regarding internal operations. This program gathers information on personnel management, manufacturing statuses, and resource availability. **Lower Costs and Better Return on Investment.** ERP systems will help firms cut down on the bits of software they currently utilize. Business processes will be optimized and cost-effectiveness will increase when product development, finance, supply chain management (SCM), customer relationship management (CRM), and inventory management systems are combined into a single interface. **Improved Communication and cooperation.** Real-time data sharing inside the organization, easily available databases, and increased security are all factors that lead to better communication and cooperation. Teams from throughout the company may collaborate more effectively by sharing and accessing information on a single system. **Better Customer Support.** Automotive ERP systems enhance quality assurance procedures and reporting. It oversees receiving, delivery inspections, bin management, quality assurance, and a Material Review Board. This empowers management to respond swiftly and decisively to problems or errors, ensuring customer needs are consistently met in the best possible way and on schedule. **Increased Worker Efficiency.** By automating processes and getting rid of redundant data, ERP systems Employee efficiency and satisfaction increase as a result, and contented workers produce more. Employees can operate remotely thanks to the ability to access all of the data gathered by ERP software on portable devices. This has the potential to boost staff retention and draw in new hires. The Bottom Line --------------- ERP systems, without question, have the potential to significantly increase internal processes and manufacturing process efficiency, but their implementation can be expensive and provide management teams with a crucial choice to make. You must decide whether ERP can assist you in achieving your specific goals. For automobile manufacturers, enterprise resource planning is a flexible and effective business tool that promotes expansion, efficiency, and astute decision-making. [Elate ERP Software](https://www.penieltech.com/erp-software-uae-dubai.php) offers a clear perspective of activities occurring on the shop floor or in the warehouse, as well as shipping, quality control, and procurement, whether it is hosted on-site or in the cloud. Manufacturers who are still having trouble with conventional business practices and have not yet implemented an ERP system ought to invest to take advantage of fresh growth prospects.

Drew Fri Dec 13 2024

Accounting Softwares

Top 10 accounting software Kuwait

There are several options for accounting and company management software. Accounting software in Kuwait has evolved to have many new features recently. Spreadsheets have subsequently been replaced by these systems, which are the greatest instruments for storing financial data. All of the financial statements have been simulated, but they still provide visual reports that display financial patterns. Additionally, they communicate with popular technologies, effortlessly moving data between platforms. One of the most useful platforms nowadays is accounting software, which has developed over time. They can also handle payroll, cash flow, and other duties in one place if they use an HR software suite that includes accounting features. What Is Accounting Software? ---------------------------- Accounting software is a finance tool used to manage accounts, track and record financial transactions, and provide reports that automate and streamline internal financial operations. A variety of functionalities, including general ledger management, invoicing, budgeting, payroll administration, and reporting tools, are frequently included in contemporary accounting software. The key advantages of accounting software are better bookkeeping accuracy, more efficient financial management, easier tax preparation, and better visibility into the company’s financial health. Tally Prime 5.0 ---------- Penieltech provides [Tally Prime](https://www.penieltech.com/tally-erp9-dealer-in-dubai.php) software, products, customizations, services, and support for any data-driven organization operating in Kuwait so that it can run smoothly. Over the years, Penieltech has evolved to provide high-quality, user-friendly products. Tally Prime is a software that manages all tasks, including accounting and meeting legal requirements. This accounting software’s primary benefit is its ability to save time. It takes a lot less time to use apps, finish manual paperwork, and carry out other mundane tasks. Using the TallyPrime software to set up your account saves a significant amount of time. Once completed, it will save you hours of labor. * Online payment acceptance * Secured transactions * Monitor and timely pay your debts. Elate Accounting Software ------------------------- Elate is a company that develops specialized mobile and web applications. This accounting software in Kuwait has developers who offer authentic experiences and real-time connections. They guarantee total availability during business hours because they operate in your time zone. Elate creates innovative solutions to give you a competitive edge over rivals. Additionally, cultivate an atmosphere conducive to the success of their clients’ business. [Elate Accounting software](https://www.elatesoft.com/accounting-software.php) offers a range of products and services that can facilitate your digital transition in a matter of short steps. You may simplify any accounting processes that could be prone to errors by using Elate accounting software. It can also generate analyses while reducing the likelihood of errors. It is possible to promptly identify and correct computation problems in your records before completing reports. * Account structures that are automated * Simple administration of papers * clear and comprehensive client dashboard Oracle ------- An ERP system that runs on the cloud, Oracle NetSuite, assists in automating key procedures for various corporate operations. Users of this platform can automate and manage supply chain management, accounting, finance, and more by selecting which modules to purchase. Because Oracle NetSuite provides software for the majority of company functions, it is the best choice for large organizations. You can purchase the modules that your business needs, be it supply chain management, accountancy, or human capital management. * Configurable dashboards, * drag-and-drop invoice capture, * OCR for worldwide company administration, * inventory management, supply chain management, warehouse management, and * a mobile app that enables you to perform numerous essential operations while on the road are just a few of the standout features. Zoho Books ---------- You get several products, suites, or platforms when you use Zoho. With over 50 seamlessly integrated web and mobile apps, Zoho offers a solution for almost every kind of business need. To handle accounts and perform accounting tasks, bookkeepers, accountants, and business owners use Zoho accounting software in Kuwait. With the aid of Zoho accounting software, you can swiftly search through digital data and obtain the information you need across several platforms. The synchronization of offline and online databases is another feature of Zoho accounting software that makes data movement easier. For your convenience, this software provides real-time status updates so you can see the changes you made. * task automation * Making the task simpler * Simple data access XERO ---- As a pioneer in cloud accounting, Xero now has 3.7 million users. They make sure that Xero focuses on innovation and success for its clients by having a knowledgeable board, management, and leadership teams. It will take many days to develop new products, draw in new clients, or improve already-available services. Because of Xero accounting software’s tax planning features, you can store all income statements, invoices, and receipts in one place. This software allows for integrations so you may adjust estimations based on current legislation and compare ITRs. Without accumulating on your desk, this software keeps your books up to date. Furthermore, you can streamline your processes by doing away with the requirement to perform computations across many programs. * precise accounting data reports * Monitor your stock levels. Sage ----- At Sage, they support individuals and groups in adopting new ways of thinking and doing things to achieve success. Every day, more than 11,000 coworkers and local networks of partners and accountants help and enable business builders’ success throughout the world. Sage has assisted many non-profit organizations. This accounting software in Kuwait offers accounting software to mid-sized companies and independent contractors alike. [Sage accounting software](https://www.penieltech.com/sage-dealer.php) provides user-friendly, secure, and configurable cloud-based software. One of the safest places to keep your financial records is with Sage online accounting. They prioritize security since they are aware of how sensitive your data is. The Sage online accounting system allows you to collaborate with your team from any location, save time, and obtain precise real-time financial insights for your business. * gives current information * Maintain simple payroll records. * Monitor projects Freshbooks ---------- The goal of Freshbooks is to execute extraordinary experiences every Day. At the moment, Freshbooks employs over 500 workers throughout its offices worldwide. FreshBooks software has been utilized by over 30 million users in more than 160 countries in the recent past. For business owners, employees, and clients—whether they are just starting or have managed an agency or firm for years—FreshBooks was primarily developed. To make sure that all of your hard work is recognized, business owners collaborated with FreshBooks to build cloud accounting. It is now feasible to send professional bills promptly, add monitored time, note prices, compute expenses, and manage your business’s finances in one place. With readily available, fully integrated double-entry accounting tools that are industry standard, you can effortlessly do your bookkeeping from any location at any time. * detailed and simple online accounting * Advanced accounting data * Make customized estimations QuickBooks ---------- [QuickBooks](https://www.penieltech.com/quickbooks.php) is one of the most popular names in accounting software in Kuwait. It provides an easy-to-use, plain-looking QuickBooks user interface. Almost all professional accounting firms use QuickBooks as part of their toolbox of accounting software, allowing clients to transfer QuickBooks data directly to their accounting services. Many pre-configured custom solutions are available to meet specific industry needs. For a more well-known organization, a product with a stronger professional focus can be beneficial. * Has components that are easy to use * comprise of robust security log * A subscription-based solution is provided by hosting for data access from any location. Focus ----- Focus Softnet is expanding to provide better services to more organizations globally. Their software solutions are designed to work with a variety of outside programs that make it easier for your employees to manage your company. Focus is now one of the best accounting and billing programs available. Focus is easy to set up and use thanks to its clear and user-friendly modules. The Focus software reduces the amount of time spent on paperwork by digitizing and automating processes. The system is designed on the cloud so that users may safely access data stored in it with a laptop, phone, or tablet. Numerous processes, including those about manufacturing, supply chains, quality control, human resources, customers, and suppliers, may be managed and monitored with this system. * This software makes paperwork digitized. * Features increase time savings * Several personalized choices SAP --- SAP is a well-known ERP solution that provides software for a wide range of corporate needs, including CRM, expenditure management, and accounting. Being among the original ERPs, it mostly benefits consumer packaged goods (CPG) industries, while it can also benefit businesses outside of this sector. SAP is an ERP with many modules beyond accounting. SAP’s portfolio of modules for financial planning and analysis, which helps with financial forecasts, performance management, and even scenario simulation is advantageous to any business in Kuwait. Continuous accounting, group reporting, intercompany management and processing, purchasing/inventory control, financial closing automation and templates, and real estate management are notable features. * reporting and business intelligence aspects * Thousands of prebuilt integrations, * APIs and connectors are available for integration with almost any software. Disclaimer: This blog serves solely for informational purposes. We do not endorse or rank any entities as “top” or “best.” Our research primarily involves gathering information from sources such as Google and other search engines to provide comprehensive content. Before making any decisions, we strongly recommend consulting multiple sources. Results may vary significantly based on individual needs and requirements.

Alex Fri Dec 13 2024

HR and Payroll Software

What is Talent management software?

Talent management software -------------------------- An integrated software platform, known as a talent management system (TMS), supports various key talent management operations. These operations include recruitment, employee onboarding, performance management, learning and professional development, pay management, and succession planning. TMS is also known as [HRMS Software solution](https://www.penieltech.com/blog/top-10-hrms-software-in-uae/). The technical tools needed to support these operations are usually provided in the form of software modules. Thus, companies can begin with the necessities and add more features as they expand. Most significantly, an organization can connect its business strategy and human resource planning with a TMS. This ensures that the company proactively takes steps to provide the talent needed to support its present and future objectives. The modules of talent management -------------------------------- Although there have historically been pillars, or modules, of talent management software, several vendors and experts now refer to talent management as having five pillars. Talent management systems comprise programs that fit into one of the following main functional areas, regardless of the quantity or titles assigned to them. Depending on the talent management systems vendor, the fundamentals are the same, but the names and number of modules vary: * hiring as well as onboarding * Learning and development * management of performance * Payroll administration * Planning for succession The market for talent management systems ---------------------------------------- The market for talent management software is enormous. Based on component, deployment, organizational size, and vertical, it has been divided into segments. On-premise and cloud-based systems make up the deployment category, with the latter likely to see quicker growth in demand. The talent management process comprises various vendors and solutions. Continuous innovation results in new and creative features. By 2023, analysts project that the market for talent management software will be worth approximately 16 billion USD. The market is expected to experience a growth rate of about two percent every four years, showcasing the dynamic nature of the market. How does talent management software operate? -------------------------------------------- Since most TMSs are cloud-based, they include a range of tools and modules for storing, protecting, and tracking employee data that supports their growth, effectiveness, and happiness. Tasks carried out by HRMS Software include the following: * Planning: It guarantees that talent management tactics correspond with long-term corporate objectives. * Recruiting: It sources worldwide prospects, nurtures them, and keeps them engaged throughout. * Onboarding: By automating the on-, off-, and cross-boarding operations, it increases employee productivity through a paperless approach. * Managing: It directs the creation of action plans for workers’ ongoing development and productivity. * Designing: It organizes and creates the ideal compensation plan to recognize and honor the company’s top achievers. * Retaining: It gives staff members a cutting-edge, interesting learning environment. The Talent Management System’s advantages ----------------------------------------- There are several benefits that a [talent management system](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php) (TMS) can offer to businesses of all sizes. Let’s examine a few of the main benefits: ### 1) Simplified Hiring Process By automating processes like job posting, candidate screening, interview scheduling, and application monitoring, HRMS software expedites the hiring process. This makes hiring easier, reduces administrative work, and improves an organization’s ability to draw in and choose top personnel. ### 2) Encourage Staff Development Employers may identify skill gaps and provide staff with specialized training and development opportunities thanks to the Talent Management Platform. Creating individualized development programs may encourage valuable employees to advance within the organization, cultivate prospects, and improve employee engagement. ### 3) Put leadership development and succession planning into practice A System of Talent Management for Effective Succession Planning The talent management tool assists in identifying high-potential personnel and preparing them for leadership positions in the future. By using succession planning techniques, organizations may reduce the risks associated with important workers departing, ensure a seamless leadership transfer, and create a strong talent pipeline. ### 4) Improved Management of Performance The system offers goal-setting features and performance evaluation tools. Thus, it facilitates the conduct of performance evaluations, timely feedback delivery, effective progress tracking, and alignment of employee goals with organizational objectives. Establishing clear guidelines and giving frequent feedback are two ways that businesses can increase worker productivity. ### 5) Enhanced Retention and Engagement of Staff Talent Management Software provides channels for regular contact, recognition, and rewards. This leads to high levels of job satisfaction and retention, enhances employee engagement, and creates a positive work environment. The Bottom Line --------------- Any company must take into account its unique needs and objectives. They must also look for a talent management system that supports their strategic goals and offers features like learning, development, employee engagement, performance tracking and management, and succession planning—all of which are necessary for efficient people management. Additionally, businesses need to consider factors like cost-effectiveness, data security and compliance, vendor support, reputation, customization, and compliance when choosing the best talent management software. Contact [Penieltech](https://www.penieltech.com/) for a strong HRMS Software solution and book a free demo!

Admin Fri Dec 13 2024

Accounting Softwares

Top 10 accounting software in Qatar

Accounting software in Qatar is a tool to assist you in tracking the money coming into and going out of your business. You can use it to maintain stock levels, write purchase orders, manage vendor and customer relationships, record transactions, generate reports, bill customers, and keep an eye on account balances. Like other cloud apps, cloud accounting software in Qatar has many advantages, but because financials are the foundation of any corporate activity, they are even more important. * Operating a business without precise and up-to-date financial data is akin to operating a vehicle without a fuel gauge or speedometer. * For this reason, investing in a cloud-based accounting system is essential for modern organizations. **SAP** ------- With SAP, you can verify proposals and address all pricing and quotation-related inquiries in one location, which simplifies work planning, reporting, and monitoring of all business activities. For midmarket users, SAP provides integrated business management software. Financial management, purchasing, sales, distribution, customer service management (CRM), inventory management, production, project management, and field service are all included in SAP Business One, another reliable ERP software provider in the United Arab Emirates. Both on-premises and cloud deployments are possible for Business One. * Automotive, consumer goods, engineering, manufacturing, wholesale distribution, retail, healthcare, and high-tech industries. * Think about SAP when you are probably currently utilizing SAP performance and have access to the SAP product ecosystem in a more midmarket-friendly bundle. **Elate Accounting Software** ----------------------------- A well-known software provider, [Elate Accounting Software](https://www.penieltech.com/erp-software-uae-dubai.php) focuses on offering useful and extremely significant corporate management solutions. Elate is feature-rich software that keeps your financial transactions organized and simplifies all of your accounting tasks. It offers a safe and convenient place for your company to handle bills and invoices, close any loose ends, monitor spending, manage project funds, and address any issues with VAT compliance. Elate is an accounting software that has been formally recognized by the Federal Tax Authority and guarantees complete adherence to Qatar VAT laws. * Management of VAT * Monitoring expenses * Processing payments and invoices * Reconciling banks * Accounting for finances * Inventory control **Sage** -------- [Sage](https://www.penieltech.com/sage-cloud-dubai.php) is promoted as a substitute for conventional bookkeeping programs. With a cloud-based subscription service that works with any browser, it streamlines the intricate structure of most finance-related software. For the more seasoned or professional user, the interface provides more sophisticated functions. Users have the option to install a version on their infrastructure and fully customize it to meet the specific needs of each organization. Sage is scalable and equipped to expand along with your company. It is advised for businesses of a moderate size. Sage is an online accounting program ideal for small and medium-sized enterprises. By utilizing artificial intelligence, it enables users to personalize and automate dashboards and algorithms to increase productivity. * Integrations for marketing Accurate and timely billing * Accounting that is automated * Bill reminders that are sent automatically * Management of resources **ERPNext** ----------- [ERPNext](https://www.penieltech.com/erpnext-dealer-in-dubai.php) is a low-cost, user-friendly, all-inclusive, and straightforward solution. It can be hosted on a mobile device using a mobile application, on the cloud, or self-hosted by the client. It can be hosted on-site or in the cloud. ERPNext is one of the best accounting systems in Qatar, which gives managers a centralized dashboard to manage the workforce, accounting, onboarding, production, sales, acquisition, and CRM activities. Additionally, it enables managers to plan projects, keep track of assignments, create consistent deadlines, archive papers, and communicate in real-time with team members. * It supports more than thirty languages, and it helps businesses handle a wide range of business processes quickly and effectively. * It provides a full range of services, such as payroll, accounting, projects, expenses, and labor management. * ERPNext gives small businesses a variety of tools to effectively manage their finances through partnerships with banks and financial institutions and a strong ecosystem of connected apps. **FreshBooks** -------------- For individuals who want to manage their accounts from their mobile devices, FreshBooks is a well-liked accounting tool. It has intriguing characteristics that help small and medium-sized enterprises, like: * tools for project management * time monitoring tools for controlling expenses and * generating comprehensive and effective reports. With all of these features, FreshBooks is a terrific option for Qatar startups and should be of great interest to aspiring freelancers and entrepreneurs. **TallyPrime** -------------- One of the most popular accounting software in Qatar and the rest of the world is [TallyPrime](https://www.penieltech.com/tally-erp9-dealer-in-dubai.php). This software, which offers an all-in-one solution to streamline financial management activities, enables firms to effectively manage both their finances and operations. TallyPrime’s robust features allow it to handle a wide range of tasks, including payroll, compliance, inventory management, and accounting. Because you can update the software regularly to meet evolving business needs, it is a dependable and trustworthy choice for enterprises of all sizes. Purchasing TallyPrime services can help companies increase productivity, save time, and streamline their financial operations. **Zoho** -------- Zoho Invoice is an online and cloud-based invoicing platform designed for small and medium-sized businesses (SMEs). Project billing, time tracking, reporting, scalable templates, and client portability are some of the important features. Teams can track estimates, turn them into invoices, and remind clients to finish their unpaid balances by using Zoho Invoice. Users can also establish tasks, gather project fees in advance, and view their billing history. * Invoicing and Billing * Monitoring Expenses * Software for Multi-Currency * Project Accounting **Oracle** ---------- Oracle gives small and medium enterprises the ability to grow faster by offering cloud-based business management software. Qatar’s leading supplier of ERP software is Oracle. Oracle offers a suite of fully integrated business management applications, including financials, project accounting, distribution, commerce, manufacturing, field service, construction, and CRM, on a reliable and adaptable platform. It is based on cloud and mobile technology and has a special growth-friendly licensing model. * centralized control system for monitoring and overseeing several company processes. * task automation to increase productivity and save time. * For fast and precise estimates, use the instant estimating tool. **Wave** -------- In Qatar, Wave is the top financial management and accounting software. It has sophisticated features that help you work more efficiently and make quick, informed judgments. With the help of these structured transactions and approvals, you may get accuracy and speed. This cloud-based system is very adaptable and can be tailored to meet your specific company requirements. It meets the needs of an enormous variety of businesses, such as healthcare, wholesale distribution, professional services, hotels, and more. * increases the speed of your cash cycle by automating the invoicing and collections process. * gives you the ability to monitor several accounts in real-time. * allows for the support of several currencies for international operations **QuickBooks** -------------- For small businesses in Qatar, [QuickBooks Online](https://www.penieltech.com/quickbooks-online.php) is a well-liked cloud-based accounting program. It facilitates easy report generation, expense tracking, and money management. For businesses in Qatar, the Intuit-owned QuickBooks Pro, Premier, and Enterprise Solutions editions provide an all-in-one solution. Additionally, it provides customization possibilities so that users can adapt the software to their company requirements. * Numerous functions are available with the software, such as processing, customer management, budgeting tools, inventory monitoring and invoicing, and more. * For increased functionality, it also interfaces with several third-party programs. * For companies in Qatar, inventory services like barcode scanning and tracking are also quite helpful.

Morgan Fri Dec 13 2024

Information Technology

Importance of time attendance system in Dubai

Now in this technological landscape, businesses can eliminate the traditional manual tracking of employee attendance. Not only there was time mismanagement but also business inefficiency peaked. HR was too skeptical to track the hours employees worked and always tried to keep an eye on their movements without effective solutions. But, over the years technology has given the modern solution to traditional issues. The _automated time attendance system in Dubai_ is on the rise to boost business efficiency. What is the time attendance system **in** Dubai? ------------------------------------------------ **_Time and attendance systems_** are the more advanced and sophisticated variants of the traditional time clock. These days, businesses and your staff are functioning in several time zones, employees are working a variety of shift patterns, and remote work has become too common. As a result, employers are finding it more and more challenging to track employee attendance. Organizations of different sizes in a variety of industries utilize _[time and attendance systems in Dubai](https://www.penieltech.com/biometric-attendance-machine/time-attendance-system-dubai.html)_ to guarantee that employee time and attendance, pay, and absence requests are accurate. Additionally, it gives companies more control over labor expenses, which liberates them to increase profitability and productivity. You might not know where to begin if you are just wandering for one of these systems. We are aware of your confusion. Here are some factors to consider before investing if your company is thinking about implementing a _[biometric attendance machine in the UAE](https://www.penieltech.com/biometric-attendance-machine/time-attendance-system-dubai.html)._ Importance of time attendance system in the workplace ----------------------------------------------------- Managing time and attendance well is essential to the operation of any successful business. It is crucial for workforce management in general as well as productivity, payroll accuracy, compliance, and employee attendance and punctuality. This post will discuss the value of time and attendance tracking in the workplace and the ways that companies of all kinds can profit from putting in place a reliable _biometric system in Dubai_. * Unexpectedly, 80% of employees acknowledged “time theft.” Nevertheless, small business owners often overlook a critical component of their business model—their employee time tracking system. * Traditional manual techniques, like punch cards or paper timesheets, are prone to time theft and inaccuracy, which can result in inaccurate computations and resource loss. * Businesses can automate the procedure with a contemporary system, removing the possibility of human error and unauthorized timekeeping methods. * _Biometric Attendance Machines in UAE_ offer the means to guarantee adherence to labor regulations by precisely recording overtime, breaks, and vacation time. Benefits of **Biometric Attendance Machine UAE** ------------------------------------------------ ### **Enhance employee productivity** * You can monitor the expected time of a certain project and spot any areas that might take longer than usual by keeping accurate time records. * By doing this, you can minimize possible problems and maximize worker productivity. ### **Enhance the way you manage projects** * Project managers can monitor their team’s productivity without always asking team members for updates by keeping track of their employees’ work hours. * You can break each project into several tasks by team leads, which they can then give to staff members so they can accurately record their time. * Teams can successfully finish projects without running the risk of mistakes that result in pressure at the last minute. ### **Acquire skills in managing employees** * You can address possible problems and gain insightful knowledge about your workers by examining time and attendance data. * For example, looking into employee leave records could assist you in comprehending the absenteeism rate in your company. * Higher absence rates are linked to higher rates of burnout, lower staff morale, and even higher employee turnover. * In a similar vein, supervisors can determine whether team members are working fairly and equally by reviewing the timesheet data. ### **Strengthen your compliance with labor laws** * Maintaining track of staff hours improves your company’s compliance with regional and local labor rules. * You can also protect your company against future legal action by keeping accurate records. * You can use this information to demonstrate that your company complies with employee protection laws. ### **Maintain timely payments** * The _[biometric fingerprint attendance system](https://www.penieltech.com/biometric-attendance-machine/time-attendance-system-dubai.html)_ accurately records employee data by preventing errors in payroll, an essential HR activity. * Ensuring timely and precise payments not only saves money on compliance concerns but also enhances your employer brand and fosters trust within your organization. ### **Remote access for anytime visibility of your workforce** * Workers are moving about more and more these days. It shouldn’t be the case that you can’t stay in touch with your staff while you’re not in the office. * A good option for remote workers to clock in remotely is through a web-based or _online attendance system_. How to choose the right **biometric** attendance **machine supplier** --------------------------------------------------------------------- **Things to Take Into Account While Selecting a Reliable Biometric Attendance Machine Supplier** Before integrating any system, the following considerations must be made: * **Cost-effectiveness.** For organizations, the cost of installing and maintaining a _time and attendance management system_ is crucial. It’s critical to assess the total cost of ownership, which considers expenses for software licensing, hardware needs, implementation, continuing maintenance, and support. * **User-friendliness.** Employers should choose _a time attendance system in Dubai_ that is easy to use and intuitive for managers and staff to use. The system should include an easy-to-use interface that makes scheduling, leave management, and clock-in and clock-out effortless. * **Scalability**. Organizations must choose a _biometric system in Dubai_ that can grow with their demands. The system should be able to support changes in the number of workers, shifts, and locations. * **Security.** When selecting a _time and attendance management system_, security is a main factor to consider. The system should have strong security features including data encryption, access limits, and authentication to safeguard employee data and stop illegal access. If you want to delegate the task of implementing an attendance management system, you might also think about _[HR and payroll software in the UAE](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php)_. How can Penieltech help you with an automated time and attendance system? ------------------------------------------------------------------------- Maintaining accurate timekeeping can help your employees in numerous ways. Although spreadsheets can still be used to manually log hours, many businesses find that using _online time and attendance machines_ is far more practical and efficient. Keeping track of employee absence and attendance data enables managers to adjust responsibilities to accommodate team members’ availability. Precise client billing is another benefit of keeping track of the time spent on each job. ### Time and attendance machine for businesses No matter where you are in the world, you can manage the entire organization with mobile notifications on your palm. This enables you to swiftly fix mistakes even when you’re not in the office. _Penieltech’s time attendance machine’s_ remote functionality isn’t limited to employers. The ability to use geofencing also provides businesses with the assurance that the clocking data they receive is correct. The use of manual clock-in cards is eliminated with an attendance system. No need to pore over figures for hours on end—the data is automatically compiled. Your company will be able to streamline with the removal of this everyday job, freeing up management and staff to concentrate on more creative and fulfilling work that best suits their skills. Our _[HR software](https://www.penieltech.com/hr-hrms-payroll-software-solutions-provider.php), Elate HRMS_, combines time and attendance systems so that managers and staff may log time and mark attendance from a distance. To guarantee adherence to your local and regional labor rules, our system can be customized. Find out more about the online time and attendance systems offered by Penieltech. **Disclaimer:** This blog serves solely for informational purposes. We do not endorse or rank any entities as “top” or “best.” Our research primarily involves gathering information from sources such as Google and other search engines to provide comprehensive content. Before making any decisions, we strongly recommend consulting multiple sources. Results may vary significantly based on individual needs and requirements.

David Fri Dec 13 2024

Accounting Softwares

Top 10 Best Accounting Software in Bahrain

Accounting software in Bahrain makes it easier for you to track and organize your spending so you can see where your money is going. Additionally, you can scan and automatically record information from expense receipts by uploading them to accounting software and having them scanned. Financial management software has to scale quickly and easily across markets, locations, and product lines as businesses expand. * Cloud accounting software suppliers design their data centers to offer unparalleled speed, performance, security, and scalability. * Cloud accounting is increasingly more than just a thing of the future; companies must use it immediately to stay competitive. **Oracle** ---------- Oracle Cloud-based ERP NetSuite is intended for companies of all sizes. Accounting software, inventory control, financial management, and order management are among the functions it provides. Because NetSuite is user-friendly and readily available, it is a popular choice for businesses in Bahrain, and it has over 36,000 clients globally. Additionally, it supports more than 190 currencies and over 27 languages, guaranteeing a flawless transaction experience for both domestic and international trading. * money administration. * inventory control. * online shopping. * analytics and reporting. **Zoho** -------- Zoho Books is an accounting software that complies with VAT regulations and enables users to issue invoices, monitor inventories, control spending, and produce accounting reports. This program facilitates the account creation process. It also assists us in maintaining the necessary financial flow. Using Zoho books, business managers may simply file their taxes. * monitoring of inventories. * landed expenses. * Credits to vendors * Personalized invoice template * Adjustment of inventory * Authorization of a transaction **Elate Accounting Software** ----------------------------- It is an advanced accounting system that simplifies business accounting and financial tracking. This web-based solution can be used by every type of business, from little startups to large, complex businesses. It is also simple, effective, and easy to configure, with a wealth of useful capabilities. It so ensures that handling company finances is easy, and precise, and has a high level of data security and information integrity. [Elate Accounting System](https://www.penieltech.com/erp-software-uae-dubai.php) integrates with Microsoft Word and Excel and has powerful budgeting tools. * Accounts chart * Pricing and billing together * both the journal and the payments * Accounting for multiple currencies * Billing **TallyPrime** -------------- Among its many features, TallyPrime is an accounting program that provides inventory management options. Every day, the software provides insights into inventory levels. Through classification and other capabilities, [Tally Prime](https://www.penieltech.com/tally-erp9-dealer-in-dubai.php) accounting software in Bahrain facilitates improved product line monitoring and organization. Users can quickly identify inventory bottlenecks with the software’s user-friendly interface. * Quick invoicing; * QR code payment; * remote accessibility **FreshBooks** -------------- Another top accounting software in Bahrain that is tailored specifically for small companies is FreshBooks. With just a few clicks, it automates chores like tracking time and following up with clients, organizing spending, invoicing, and more to streamline your business operations. It lets you make invoices for your business that seem professional. Additionally, it offers excellent insights into the financial data of your company, enabling you to make more informed choices. Additionally, you continue to follow all accepted accounting practices. * has an easy-to-use UI that is straightforward * is accessible from any device, including tablets, desktop computers, and mobile * lets you use its mobile app to access the system while you’re on the go. **Microsoft Dynamics** ---------------------- For good reason, Microsoft Dynamics GP is a highly favored accounting software in Bahrain. This potent solution offers a business management solution that integrates customer relationship management and supply chain processes. The program is ideal for medium-sized and big organizations due to its excellent scalability. To put it briefly, it is great for businesses with more than a few hundred employees. It also closely monitors worker performance and automates your global finance processes. * Capable of forecasting future results and making data-driven decisions to expand your company * Extremely adaptable, fast adjusting to shifting local and international financial constraints * strives to lower operating expenses through financial planning and budget control. **Wave** -------- Rather than using different apps, Wave lets you keep track of your personal and corporate finances in one location. To manage routine business operations and create financial reports like a balance sheet and profit and loss statement, it is a reliable and widely used accounting system. In addition, it provides direct payment, payroll, receipts, and billing. * Customized chart of accounts * Monitoring the progress of invoices * Bring in bank statements * Bill reminders that are sent automatically * File import and export for data **Xero** -------- For small enterprises, Xero excels. This allows users to get real-time currency exchange information, different currencies, personalized invoicing, and the ability to automatically import and classify new transactions from PayPal, credit cards, and banks. With Xero, the user can split payments over several invoices and split invoice payments across numerous payments. Furthermore, the user can modify the dashboard based on the Key Performance Indicators (KPIs). * Easy to set up * Pay several bills. * automated bank-to-bank coordination and reconciliation. * fewer entries in the data **ERPNext** ----------- The facilitation and empowerment provided by the [ERPNext](https://www.penieltech.com/erpnext-dealer-in-dubai.php) accounting software. ERPNext accounting software records transactions, assesses financial data, and serves as a reporting and financial accounting tool. After every month or quarter, it also provides operating data. This accounting software has completely transformed the computerization of the accounting system. It thus allows companies of all sizes and industries to improve their financial processing and data management skills. * Accounts receivable management, accounting, reporting, and other modules are included in the ERPNext accounting software. * Furthermore, managers can make better business decisions because of the data that is easier to get due to increased efficiency. **Sage** -------- [Sage](https://www.penieltech.com/sage-cloud-dubai.php), A Cloud Accounting is an accounting software that has won awards and helps customers manage their money quickly and simply. This desktop-based accounting program is popular among Bahrain’s small and medium-sized enterprises. The software includes several features for managing clients, making invoices, and keeping track of inventories. * To assist users in effectively managing their finances, it offers real-time financial data, analytics, and business insights. * Because the software has functions like bank reconciliation, cost monitoring, invoicing, multi-currency accounting, and more, it can be used by businesses of any size. * Furthermore, it offers features related to VAT compliance that are beneficial to Bahrain-based enterprises.[](https://www.facebook.com/sharer/sharer.php?u=https://hr-software.ae/blog/?p=2955)

David Fri Dec 13 2024

Accounting Softwares

Top 10 accounting software in Saudi Arabia

In Saudi Arabia, managing a successful business might be risky if you lack the resources to keep an eye on your earnings and outlays. Other than locating the top accounting software in the KSA for VAT, you are essentially stunting the expansion of your organization if the majority of your time is spent on spreadsheets and manual labor. The majority of accounting software is expensive, and understanding its workings may require a significant amount of labor. Meticulously keeping and routinely monitoring expenses can undoubtedly reduce your tax liability. Therefore, in addition to ensuring timely payment and issuance of invoices, VAT Accounting software in the KSA also aids in estimating cash flow, maintaining comprehensive financial records, and assessing financial status. Elate ----- The goal of [Elate accounting software](https://www.penieltech.com/) in KSA is to help companies make bookkeeping easier. Elate offers bank reconciliation solutions that let companies handle all master data in real-time, improving productivity and accuracy. Elate, a SaaS platform, now provides cloud-based accounting software in addition to CRM and ERP Cloud. The objective is to create a comprehensive platform that effectively replaces all laborious tasks to reduce costs, time, and resources. It provides real-time data access on any device and allows people to transition to automated work through the usage of integrated business intelligence. * Customized chart of accounts, Monitoring the progress of invoices * Bank statement import and automated bill reminders * File import and export for data * Using a single enterprise cloud platform, streamline all business operations. * Integrate many cloud services to conveniently utilize them in a single hub. * At any time and from any location, monitor data and get precise forecasts. Odoo Software ------------- Odoo SA actively develops, maintains, and organizes the open-source Odoo suite of integrated business apps. This software is comparable to many other open-source projects in that it is supported by a network of active partners and an active worldwide community that provides customized programming and other services. With over 1,500 active members, the community has contributed over 4,500 modules to Odoo’s continuous enhancement. The system is locally implemented by a network of certified partners, which has been developed in over 120 countries. The software is one of the most widely used business suites in the world, with over 1,500 downloads every day. * Odoo includes CRM, Sales, Accounting, WMS (Warehouse Management), HR, Project, Events, and Marketing. * It facilitates Integration with other applications * Any retailer with an integrated e-commerce app in their Point of Sale (POS) system or website builder can utilize it. ITSS ---- With more than 20 years of consulting and business experience, ITSS is a preferred Temenos partner, providing integrated global banking software services to more than 240 banks and financial institutions in Europe, Africa, the Middle East, Asia, and Latin America. Through their collaboration with the most reputable banking software provider globally, we create and supply a wide range of services, including application development, product upgrades, customized software, testing, and application services. ITSS is the leader in full-stack development, managed services, and cloud migration. * Use Temenos platform-specific system integration for transformative digital and core banking solutions * They emphasize the retail, corporate, and wealth verticals. * Leading the fintech and banking industries’ digital transformation, * They use Temenos Digital Front Office to drive customer-centric procedures * They give banks a competitive edge in implementing more humanized banking practices. QuickBooks ---------- Among the best accounting programs is Intuit QuickBooks.There are three distinct editions of this program available: pro, premium, and enterprise. Large industries that need all-in-one packages for accounting, reporting, sales, inventory, purchase, payroll, and accounts payable & receivable frequently utilize QuickBooks Online. Multiple consolidation entries allow access to multiple firms for a single organization at the same time. * Automatic payment reminders: notify the client when their invoices are about to be paid. * adds the PO number to the letter subject, saving the client time. * Quick and easy administration * of quick observations of the documents TallyPrime 5.0 -------------- With Tally Prime, you can create bilingual reports and invoices in both Arabic and English. TallyPrime allows the user to automatically reconcile bank statements with books of accounts. A comprehensive automated report on sales orders, outstanding payments, stock analysis, and payment administration is available to the user. * Create an invoice in many languages. * One-time login Switch users without modifying content Access from any location at any time * makes using a login and password easier * Taking on multiple tasks at once * GOTO function * Inventory control ERPNext ------- [ERPNext in KSA](https://www.penieltech.com/erpnext-saudi-arabia.php) is a user-friendly, cost-effective, all-inclusive, and powerful solution. It can be hosted on their servers, on the user’s server, or even on a mobile device by utilizing a mobile app. It might be hosted on-site or in the cloud. Also, satisfied customers in more than 150 countries trust it. It is a sizable ERP system with support for more than 30 languages that helps businesses efficiently handle all types of company activity. ERPNext in various domains * ERPNext Retail * ERPNext Healthcare * ERPNext Agriculture * ERP for the Manufacturing Industry Zoho ----- Zoho Books is accounting software in KSA that complies with VAT regulations and allows users to track inventory, send invoices, manage expenses, and create accounting reports. With the aid of this program, you may quickly establish an account and maintain the necessary financial flow. Using Zoho books, business managers may simply file their taxes. * Make wise financial decisions, automate tasks, keep track of spending, and be paid on time. * Make use of the advanced integrations, analytics, customization, and multi-currency features. * A network of knowledgeable accountants to simplify money and manage records. Arabian Software ---------------- At Arabian Software, their almost ten-year history serves as a reminder of the positive experiences we’ve had thus far. Their 99.9% success rate as an award-winning Zoho One partner stems from our catchphrase, “serve better,” which serves as a gentle reminder even during the midst of an incredibly enjoyable event. A group of committed, tech-savvy, and professional individuals with expertise in finance and software development are always ready. They are expanding quickly because they are dedicated to “doing it well if it is worth doing.” * Implementation of cloud ERP services for digital transformation * Whole-life ERP deployment * CRM deployment * HRM application * Implementation of financial applications * Industry-specific creation of business applications Oracle ------- [Oracle](https://www.oracle.com/sa/) is a cloud technology company that offers software and computer infrastructure to businesses worldwide so they may innovate, increase efficiencies, and function more effectively. To better organize and safeguard the data of their clients, they also built the first and only autonomous database in history. * Oracle Cloud Infrastructure provides cost savings, increased security, and improved performance. * Companies can easily shift workloads between on-premises systems and the cloud, as well as among the cloud, on-premises systems, and other clouds by designing it to be simple. * Oracle Cloud applications give corporate executives access to cutting-edge tools that support their ability to innovate, achieve sustainable growth, and build resilience. WAVE ---- The goal of wave accounting is to help companies make bookkeeping more efficient. Wave offers bank reconciliation tools to assist companies in managing all master data in real time, improving company accuracy and efficiency. * Personalized chart of accounts * Monitoring the progress of invoices * Bring in bank statements

Sophia Fri Dec 13 2024

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