BIS Solutions DMCC provides a customized cloud ERP solution called Econex for organizations of various sizes, with a focus on construction, trading, and hospitality. Econex integrates departments and provides real-time information to users on any device. It streamlines workflows to enable better decision making and more efficient data handling. The document then describes key features and modules of Econex such as inventory management, sales, procurement, project management, finance and accounting, HR and payroll, and more.

2. BIS Solutions DMCC is a fast growing customized
ERP Software provider for Large, Midscale and
Small organizations. Our specialty is in providing
the best cloud ERP solution to our clients
mainly in construction, trading and hospitality
segments. We focus on Innovation and Culture
to differentiate itself in the marketplace.
What is Econex – What we offer
Econex is a smart custom-built ERP solution (web
based & UAE VAT compliant ERP) that offers
a wide array of essential functionalities that seamlessly
integrate each departments of your business by presenting a
real-time information required at your fingertip. Through BIS
solution, we further ensure that all department workflows
are streamlined to enable better decision making and data
handling in more secured, controlled and efficient manner.
About Us
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3. Table of
Contents
System Highlights
Key Modules
Inventory
Sales
Procurement
Project
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5
6
7
8
9
10
11
12
13
14
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Finance & Accounting
HR & Payroll
Fixed Assets
VAT
Document Management
System Information
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4. Enterprise Mobility
Econex ERP allows user to access information anytime or
anywhere on their laptops, smartphones and tablets.
Flexible Deployment Options
Deployment platform can be selected that works best for your
organization, from on-premise, hosted, and cloud technologies.
Business Intelligence
Econex ERP allows to integrate BI tools to get clear picture of
how financial and operational performances affect business
growth and goals.
Real-time Information
Allows you to gain real-time access to your data on the go.
Perform real-time data analytics to make better decisions.
Accountability in the Workplace
Empowers employees to take ownership of their work Econex
ERP instills transparency, responsibility, and accountability in
the workplace.
Run a Green Business
Paperless office by eliminating all printing and filing
requirements.
Unlimited Companies
Unlimited Stores
Multi Currency
Unlimited Divisions &
Locations
Unlimited Users
System
Highlights
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5. Econex ERP has central database with
no duplication of data or process.
Has tight integration between all modules
and departments.
Econex ERP has best Document Man-
agement System in every module right up
to the transaction levels
Helps to eliminate redundant processes
and systems, dramatically lowering the
cost of doing business overall
Econex has Procure-to-Pay and Order-to-
Cash document flow and Project account-
ing to track Materials, Labour, Sub-Con-
tracts and Preliminaries
STOCK SALES
PROCESS
FINANCE &
ACCOUNTING
HUMAN
RESOURCE &
PAYROLL
ECONEX ERP
PROJECT COST
MANAGEMENT
PROCUREMENT
PROCESS
Key Modules
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6. Efficient inventory management should be able
to rapidly respond to customer requirements;
at the same time should be flexible enough
to undertake any corrections when required.
Inventory Management module offers effective
features to minimize warehousing costs and
to optimize storage needs in line with the
requirements at hand.
Inventory management module offers a host
of advanced warehousing features such
as modification, balancing, transfer, and
reverse operations. Many features including
management of multiple storage centres and
locations, specialised inventory management
features (serial numbers, batch tracking, and
special stock), which are part of a diverse
capability in inventory management, are
included as standard functionality within the
Inventory Management module.
The system provides a high degree of flexibility
for handling complex storage needs, and
assures continuous update of warehouse
inventory through multiple inventory methods
and different types of auditing. All materials
input and output transactions are fully
automated due to the seamless integration
with other associated modules within the
system. This also enables efficient, prompt
and trouble-free inventory transactions within
enterprises.
Inventory
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7. Stay on top of your customer accounts,
inventory levels and purchase histories in real-
time by automating your quote-to-cash cycle.
Improve productivity, deliver orders on time,
accelerate sales processes, reduce operational
costs, heighten customer satisfaction, and
drive margins with Econex ERP Sales Module.
Econex manages Trading sales orders and
projects sales contracts. This will be linked
with salesman and different departments and
locations
Sales
Automate Quote-To-Cash Sales Cycle
The Sales Module provides in-depth insight into the
main business processes of sales and distribution,
such as inquiry, quotation, pricing and taxation,
sales order processing, customer credit, backlog
management, returns handling, and delivery.
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8. Procurement
Purchase Management has a vital role to play,
in a manufacturing or trading organization. It
procures the items/material required by an
organization and thus fulfils the necessary
item requirements of various departments. In
case of shortage in stock or at reorder level, it
deals with multiple suppliers in an endeavour
to procure new stock and also makes sure that
the material is procured in the best possible
quality, cost & time.
Automate Procure-to-Pay Cycle
The basic purpose of Purchase Module is to streamline the functioning
of procurement/purchase of inventory (raw-material), assign orders to
suppliers and bill.
The Purchase Module helps you maintain masters for various suppliers and
their contacts, track purchases, get a complete purchase rate history etc.
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9. Project
Project Cost Management is a multi-faceted
discipline requiring rigorous management
of project data in order to maintain accurate
insight into project progress and status.
Effective project cost management requires
the use of standardized processes and tools to
ensure accuracy and reliability of information.
Econex is a web-based project cost
management solution which provides
visibility into project costs, efficiency in cost
management, and provides greater accuracy
and accountability. Econex is designed to
provide robust cost management solutions
from budgeting and forecasting, through all
stages of project execution.
Econex manages Contracts, Variations, Certificates, sub contracts and
certificates with clear visibility of advance payments and recovery, retention
withheld and release etc.,
While the benefits of the software are numerous, the following presents
some of the key features that make Econex the ultimate project cost
management solution.
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10. Accounting
All kind of organizations small scale, large scale organizations
benefit from the implementation of Econex finance module.
The financial module is the core of our software systems. It can
gather financial data from various functional departments, and
generates valuable financial reports such general ledger, trail
balance, a balance sheet and quarterly financial statements.
This module of the software will take care of all accounts related
entries and their impact on the whole system. How the finance
comes and how it is been utilised. Total flow of money (Cash/
Bank) and total expenditures will be reflected here. As an after
effect of this, the management will be able to take their important
financial decision, Budgeting etc. They can come to know about
company›s financial position at any point of time. All sorts of
important financial reports i.e. Trial Balance, Trading A/c, Profit
& Loss A/c, Balance Sheet, Debtors Balance, Creditors Balance,
Cash/Bank Fund position and many more are covered in this
module.
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11. HR & Payroll
In today›s demanding and changing economic
environment, competent Human Capital
Management is crucial for ensuring the overall
success of the organization. Econex HCM
module is designed to effectively manage the
HR objectives of an organization.
From hiring to the exit interview, the module
implants best practices in your Human
Resource processes keeping you and your
employees fully engaged and fully informed.
This flexible human resource management
solution keeps track of all your present and
former employee details.
The software is fully integrated with the other modules of the ERP software
system making it a powerful instrument that enables Human Resource and
payroll departments to access, process, operate and manage all aspects of
the organization›s Human Resource cycle including payroll function.
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12. Fixed Asset
The Fixed Assets module within Econex ERP
software enables easy set-up, maintenance,
and tracking of valuation of fixed assets such
as buildings, land, vehicles, and equipment.
The Fixed Assets module in the ERP solution
integrates with Accounts Payable, Inventory
Management, and General Ledger allowing for
multiple methods of input of assets.
Employ different depreciation methods and
conventions to track multiple valuations for
the same fixed asset. Workflow and budget
controls can be set to ensure accuracy and
monitoring of procedures. A thorough audit trail is
maintained between fixed asset transactions and
corresponding General Ledger entries.
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13. VAT
Econex ERP is equipped & compliant to VAT
process in UAE & Saudi
The software has an inbuilt document
management system that enables users to
keep a back up of all related document required
for VAT auditing
It also has features of defining VAT % per
item, exempted items, etc as well as reverse
mechanism accounting entry for imported
items.
Issue Tax
Invoice
Track VAT
Receivable /
Payable
Keep a
range of
business
records
Submit VAT
returns
Pay VAT
Claim VAT
refunds
General
audit file
Reports
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14. Document
Management
Document Management ERP system provides
an integrated, enterprise level solution
that enables you to store and manage all
transactional and related business documents
into one secure system with easy-to-use lookup,
reporting and filing capabilities. Going GREEN
is all about eliminating the waste of paper and
the need for filing cabinets, all while improving
productivity and increasing customer service.
Whether it is Accounts Payable, HR, Customer
or Vendor sign-offs on design, manufacturing
specs on products, or any other document, they
can all be stored in one secure database with
easy-to-use query and look-up capabilities.
VAT Documentation
As per Ministry of Finance guidelines “any
taxable person must retain VAT invoices issued
and received for a minimum of 5 years.”
Econex ERP system has this inbuilt feature to
assist its clients with this requirement.
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15. System Requirement
Windows Server 2008 and above
20gb Free disc Space
8 gb Memory
4 Core Processor
Database
Sql Server 2008 and above
Installation
Econex can be published on premises
or Cloud
Cloud – No on premise installation.
Users can access the system any time,
any where.
On premise – Installation required on
client place
System
informations
Econex Erp Lite Econex Erp Enterprise
Procurement Procurement
Sales Sales
Accounting
Bank
Receivable
Payables
Accounting
Bank
Receivable
Payables
Project Accounting Project Accounting
Document Management Document Management
VAT VAT
Payroll
Fixed Asset
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16. t: +971 4 4539115 | m: +971 50 8344 545
e: info@Econexerp.com
w: www.Econexerp.com
o: office# 402, Tiffany Tower, JLT, Dubai