Access Management
Helps strengthen security and reduces risk by tightly controlling access to on-premises and cloud-based applications. We ensure the right users have access to the right resources.
Robust Login Module
Role Based Access Control
Multi Factor Authentication & Google Login.
Single Sign On (SSO) Based Professional Login Module
Enterprise Login Module with Advanced Controls
Passwords & Usage Policy Enforcements
Restricted Access to Critical Reports Only for Senior Management
Benefits
Provides an extra layer of security over your business’s network and limits the information users can view or change to minimize the chances of improper activity.
Applying the rule of least privileges, which means offering all users the lowest level of access possible while still allowing them to perform their roles.
We ensure the security and safety of your sensitive data and also protect it from any third party who can potentially view, steal, or manipulate sensitive business information.
Core Financial Accounting Module
A good Financial Accounting system is vital for Travel Agencies, to help them track their cash flow, assets and liabilities, revenue recognition and profitability.
All accounting reports including Dynamic P&L, Balance Sheet, Trial Balance, Debtors Analysis etc
Chart of Accounts, Invoices and Proforma Invoices
Accounting masters/ledgers control
Receipts, Payments, JVs and Contra Advances
Debit & Credit Notes
Cash Book, Bank Book & Day Book
Cost Center Accounting
Benefits
Keeps a track of basic accounting functions, including the general ledger and balance sheet, as well as managing financial issues such as asset management, accounts payable, accounts receivable, cash management, etc.
It provides transparency in accounting and finance management – The accounting module is integrated with different modules which ensures that there are fewer chances of error.
Presenting a true and fair valuation of the business after the calculations. It also helps in attaining the correct picture depicted in the balance sheet and this is used to determine the purchase price.
Multi Channel Ticket Flow
Specialized in the integration of Global Distribution Systems (GDS) and we have worked successfully on GDS systems such as Galileo, Amadeus, and Sabre.
Auto tickets flow from GDS: Amadeus/Galileo/Sabre
Both File based and API Integrations
Auto tickets flow from LCCs or any Other Source via API INs
Manual Ticket Upload & Import
Bulk Tickets Upload
Rule Engine to apply Policies and Logic on Captured Data
Benefits
FACTS allows tickets to flow into the platform through various channels such as Galileo, Amadeus, and Sabre along with various other major integrations.
Our experts are deeply familiar with all the details necessary to integrate both file and API based seamlessly into any portal.
The LCC API service is aimed to provide a single platform for Travel Agents to extract ticket details from multiple LCC airlines and use for the purpose of Back office and accounting.
Credit Management
Credit Management lets you set a limit to the amount of your sales on credit, and the period for which the credit can remain outstanding.
Credit Limit Management
Unapplied Credit Report
Collection Analysis
Receipt Payment Report
Alerts & Restrictions on exceeding allocated Credit Limits
Benefits
You can get real-time information about every account’s credit limit, and you can decide if you want to continue business with that customer or not.
Allows you to limit the amount of your sales on credit, and the period for which the credit can remain outstanding along with managing the limit of receivable amount and outstanding period by each customer.
Getting credit limit alerts will show you the exceeded amount by showing up the existing outstanding amount and the amount in the data you’re newly creating.
Travel Accounting Module
The objective of the Travel Accounting Module is to ascertain the profitability and finance position of the travel agency’s operations. It is designed to record the agency’s assets, liabilities, capital, revenues/income/gains, and expenses or losses etc.
Invoice Spool
Refunds Spool
Agents and Sub Agents Accounting
Travel AP & AR Modules
Multiple Forms Of Payments
Year End Functions
Benefits
Travel AP and AR Modules become an integrated and complementary pair. This facilitates the management in obtaining complete information, integrated and up-to-date.
Multiple FOPs – Integrating these different payment methods has now become crucial for businesses operating as it increases their market share by giving consumers a choice between payment methods.
Banish the risk of processing inaccurate transactions by validating and approving them before invoicing your customers.
Suppliers Management
Cloud-based solutions for collaborative spending, finance, and sales management. FACTS provides effective communication channels, and task management tools, and organizes vendor/supplier payments and expenses.
Supplier Ledger/Report
Supplier Bulk Payment
BSP Reconciliation
Refund Spool
Invoice Refund Report
Benefits
Supplier Management helps in building and sustaining relationships with strategic suppliers. These relationships can provide an organization with a competitive privilege.
Supplier Management can help to improve transparency and visibility into the supply chain and mitigate risks. This also ensures that we are deriving the maximum value from the suppliers for the relevant requirement.
When you have a supplier management system in place, it will allow you to streamline critical information and data regarding the lifecycle of the suppliers.
Customers Management
Customer Management is critical as maintaining customer accounts for the continuity of business is of topmost priority.
Client Profiling & Document Management
Debtors Reconciliation
Global Clients Handling
Enterprise Customer Portal for Direct access by Clients
Cheque Holding Report
Benefits
Dispatch professional invoices – Generate refined invoices with the click of a button. From attaching your company logo to converting fonts, tailor-make invoice templates to reflect your brand.
It helps you classify all your customers by defining groups and assigning every customer to a particular group which can be determined using various parameters like business model, location, and parent company.
The debtor reconciliation procedure is crucial as it shows that the general ledger figure for receivables is justified. Rather than keeping records manually and adding up numbers every month- or year-end, let automated reconciliation and technology take over and do a faster, better job.
Travel Billing Module
Handling for Travel Services like Flights, Hotels, Visa,Insurance, Cars, Railways etc.
Handling for Travel Services like Flights, Hotels, Visa, Insurance, Cars, Railways etc
Travel Industry Masters like Sectors, Airlines, Visa, Hotels etc
Manual & Automated Invoicing
Single, Group & Proforma Invoices
Single or Bulk Approvals
Job Card to Support Packages
Country & Client Specific Tax Masters
Client Specific Invoice Formats
Benefits
Single, Group & Proforma Invoices streamline the sales process between the buyer and seller prior to confirming the purchase and creates transparency by outlining all the agreed-upon terms.
FACTS has been designed to adapt to any country. The software also supports local tax codes, local date formats, local currency formats, country-specific tax reports, and more.
It is the pioneering web-based accounting software for tour operators and travel agencies which provides all the functionalities that you need to manage the billing, invoicing, accounting and finance in a hassle-free manner.
Automated Reconciliations
Automated reconciliation allows you to automate this process. It enables you to cut down on the time, cost, and possible errors associated with manual bank reconciliation and can help to reduce your business’s overall financial threat.
BSP Reconciliation
Non-BSP Suppliers Reconciliation
Bank Reconciliation
Inter Branch Reconciliation
Customers Reconciliation
Benefits
Bank reconciliation helps verify the account balances to ensure all sets of data are accurate and up-to-date. It also keep track of business expenses/income to ensure that the internal financial records match all the external statements you receive from banks or vendor.
Reconciling supplier statements is a crucial control for Accounts Payable to make sure that their ledgers are correct. This property enables a much higher volume of statements to be reconciled, irregularities would be resolved proactively, and more suppliers would be paid on time.
The account reconciliation process gives finance teams confidence that their information is reliable and allows for the chance to see any mistakes or discrepancies that occur.
Advance Audit Features
Achieve substantial audits with the help of explanatory analytics. Stay adaptable to government regulations through dedicated editions.
Temporary Audit Locks for Monthly Audits
Permanent Freezes at Year End
Audit Logs for Transactions Tracking
Branch EOD and BOD Operations
Reports for Fraud Detection
Benefits
State-of-the-art audit analytics competence brings greater value to external audit procedures supporting the analysis of large data sets and divulging more granular insights.
Issues like workflow issue infusions, crucial accounting errors, and budget evaluations can all be answered through instinctual advanced audit reports.
It positions discrete accountability of enterprises in terms of the actions of users. It prevents the initiation of false details/particulars or unapproved access to data and broadens the protection of peculiar information, intellectual property, and financial records.
Professional Tech Support
Professional IT services can ensure all information is stored safely, access to sensitive data is always restricted, and the stored data is secure. A skilled IT team works to maintain reliable and flexible networks and can keep you updated with data protection laws and industry best practices.
24x7 SLA driven Support
Support via multiple channels like Email, Calls, Chat, Skype, Gmeet etc
Inbuilt Helpdesk Feature
Online Trainings and Onboarding
Professional Youtube training Videos
Benefits
We can work with you to find the best way to eliminate data silos and ensure all critical data is easily accessible when needed across various devices while remaining secure.
FACTS uses the leading technologies and equipment to deliver world-class services. Networks and data services are continually updated at no financial cost to you. Also, with SLA (service level agreement) in place, you can rest assured of the continuity of services.
With professional tech support, we make sure that your business is not vulnerable to data breaches that can cause blunders not only in profitability but also in the sphere of customer loyalty, damage to brand reputation, legal issues, and so on.
Useful Utilities & Tools
The top accounting tools can take advantage of financial records data to build intelligent insights that accurately judge a company’s earnings and save a lot of time.
Ticket Excel Import & GDS Tickets Import
Universal Search
Vouchers Upload Tool
Enterprise Sales Reporting Tool
Enterprise Sales Verification Tool
Order Management System for Inter Branch and Third Party Purchase Orders
Export & Import to/from other Accounting Software
Automated TJQ Matching & Alerts
Benefits
FACTS gives an in-built feature to import all your business data from excel and also GDS tickets import feature is enabled to remove the manual processes that use a lot of bandwidth.
FACTS lets you enter the complete transactional data directly into books for timely closings along with generating accurate and compliant Enterprise Sales Reporting Tool.
FACTS allows travel agents and agencies to free-up in-house computing systems and accounting resources, saving costs, increasing efficiencies, and removing manual processes for better efficiency.
Multi – Support
Centrally manage all your branches, and accounts from anywhere on any device. You also get a multi-lingual and multi-currency platform for easily automated currency conversions.
Multi-Branch Support with Individual URLs and localization across Countries
Multi-Currency Support along with automated curreny conversion based on country/branch/invoice level Conversion Ratio and Integration
Multi-Lingual Support
Multi-Invoice Formats
Benefits
FACTS will give you a chance to look at the issues or meet the needs of all your branches and tie them all together in a standardized process in order to enhance your company’s structure and brand value.
Multicurrency – One important factor that any business has to take care of while introducing global business operations is managing currencies. The currencies and their values? It will be different in different countries and it requires the support of a perfect system to manage transactions without difficulty.
The main benefit of a multi-lingual platform is that you can use this in your convenient language. Our multi-lingual capability enables multi-users speaking different languages, to work on the same platform.
Scalable Technology
FACTS has been designed and developed with a futuristic approach. It is able to adapt on its own and can be updated quickly.
Built using Latest Highly Scalable Technology Stack
Unique Distributed Architecture
Pure Agile development with fast automated builds
High end cloud servers
All Major GDS, CBTs, POS, B2B and B2C Integrations done
Industry Standard API IN and OUT services along with documentation for fastest integration with any third party systems
Benefits
FACTS is designed to be able to handle a greater user base, as well as more transactions. As we see a rising volume of financial data, the platform can be scaled to meet the requirements using specialized tools.
FACTS is enabled to handle increased workloads while adding users and removing them with minimal cost impact. We support larger databases and understand not just the basics of your financials but can provide you with a customized performance dashboard that’s specific to your business.
API IN and OUT services – APIs are used to connect new software to FACTS existing tech stack. This feature allows firms to automate manual, time-consuming processes, which frees up staff for higher-value work.
Miscellaneous
FACTS has been designed and developed with a futuristic approach. It is able to adapt on its own and can be updated quickly.
Regular Data Archival & Purge strategy
Compliant with Country/Industry specific regulations
Flexible Pricing Models suitable for all type of Customers
Robust Customization Framework
Ad-Hoc Reports & Analytics
Workflows and Audit Logs
Benefits
Flexible pricing models give you the ability to guide your customers toward making choices that fit into what their business needs at that moment.
The compliance and regulations are there in place for a reason – they help protect your business, your employees, and your customers. Also, your business needs to take a comprehensive approach to following an effective regulatory compliance program.
Both purging and archiving of data will help you with faster advantage processing time, reduced disk space as well as decreased backups. After removing your old data, you’ll notice that the processes run faster due to fewer records being there to be processed.
Powerful Reporting Engine
Financial reports contain the most important information such as the company’s cash flow statement, income statement, balance sheet, and shareholder’s equity.
Dashboard for key functional heads in Sales, Finance, Operations & CXO Level
MIS Reports for Top Management decision making
Service wise/Client wise/Agent wise/GDS wise Sales Reports
Ad-hoc Reports via Power BI and other Reporting engines
Expense Analysis, Ageing Report, ROE Adjustment, Undercutting and 25+ Other useful Reports
Agentlytics set of reports, focused on parameters for the travel agency business
Reports enabling Cross-selling and Upselling
Flexibility to make data available to other Reporting Engines for Reporting
Benefits
FACTS allows the generation of reports that show the complete financial status of the company. It provides go-through trail reports and you can send them in Excel format.
Expense Analysis, Ageing Report, ROE Adjustment, Undercutting and 25+ Other useful reports that help the businesses to know how much customers owe them.
It helps in managing the debt management of a firm along with real-time tracking of the accounts, which aids in liquidity management. It also helps the firm in identifying the trends of past and future.
