SFACTS - STHIRA’S – FUND BASED ACCOUNTING & MANAGEMENT SOLUTION
SFACTS - GRANT ERP which is a Proprietary software application (having received the IP Rights on our product) designed to meet the restricted and unrestricted grant accounting requirements. A fund based Accounting solution may be termed as a method of accounting which enables the Institution / Organization to track the expenses, commitment (Encumbrance/ Reserve/Obligation) and the balance against a specific grant/fund. The method of accounting not only enables to allocate the grant but also facilitate the double entry method or accrual method of accounting to derive various financial reports (Income & Expenditure, Balance Sheet, Schedules etc).
The SFACTS is a seamless comprehensive software solution in the eGovernance space which is designed to meet the restricted and unrestricted grant accounting requirements. Our application can effectively manage the Research Grant processes; Plan & Non-Plan fund management with GFR compliances.
SFACTS is a fully integrated ERP system with rich features designed exclusively for managing the specific requirements of Research and Development Institutions. The comprehensive functionality of SFACTS has a unique implementation and support approach will deliver a superior value
The key features of this comprehensive (E R P) solution are:
SFACTS will assure the following objectives:
SFACTS Solution Overview
SFACTS – for Institution
SFACTS for Program