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BIZTRAK MSB

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BIZTRAK MSB

BIZTRAK MSB is a full spectrum window-based accounting software system that complies with both GST/VAT regulations and IFRS, and mainly caters to small and medium enterprises (SME) sectors. It provides features like scalability, rrobust architecture and ability to upgrade constantly to achieve compliance and improved productivity.

WHY BIZTRAK MSB?

 

  • An integrated suite of Accounting & Business Intelligence Software Solution that complies to both Goods & Services Tax (GST) and Value-Added Tax (VAT) regulations
  • Supports standards-based financial reporting in compliance with International Financial Reporting Standards (IFRS)
  • Supports managerial decision-making by providing business intelligence tools such as periodic financial ratio analysis and analysis codes for management and cost accounting
  • Supports multi-national accounting by providing multi-currency support
  • Strengthens corporate governance with auditor-friendly features
  • Fulfilled the Top 10 Criteria for Selecting Accounting Software:

 

01

Level of support provided by the local firm

02

Developer's track record of performance

03

Software’s ability to fit the business

04

Growth potential of software

 
05

Price of software

06

Quality of documentation

07

Functionality of software
(provides up to 140 standard reports)

08

Ease of use

 
 
09

Ease of implementation

10

Software works with existing hardware

 

GET STARTED WITH A 30-DAY FREE TRIAL NOW

FEATURES OF BIZTRAK MSB

 

  1. Open Architecture
  2. BizInt Wizard (Using OLAP)
  3. Online Wizard
  4. Virtual Close
  5. Flexible Accounting Periods
  6. Layout Designer
  7. Easy Sort & Filter
  8. Drill-down Capability
  9. Customizer
  10. Comprehensive Reports & Statements
  11. Export to Excel
  12. Foreign Currency
  13. Database Utility

 

 

  1. Open Architecture
  2. Security Access Control
  3. Security Access Log Listing
  4. Security System Setting
  5. Option to Lock Transaction/Documents
  6. Audit Trail
  7. Credit Check

 

 

  1. Tax Details & Tax Schedule
  2. Tax Return Period
  3. Tax Point Rule
  4. Source Code
  5. Item Pricing
  6. Transactions Related to GST Input/ Output Tax
  7. Tax Form Column Formula Setup
  8. GST Audit File (GST)
  9. Comprehensive Tax Reports

 

 

  1. Flexible & Restructurable Chart of Accounts
  2. Journals
  3. Analysis Codes
  4. Budget/Forecast
  5. Ratio Analysis
  6. Recurring GL
  7. GL Report Writer

 

 

  1. Ledger Management
  2. Recurring Billing
  3. Customer Ledger Inquiry

 

 

  1. Ledger Management
  2. Vendor Invoices
  3. Vendor Ledger Inquiry

 

 

  1. Bank Overdraft Limit Checking
  2. Payment by Due Date
  3. Print Cheque
  4. Recurring Payment

 

 

  1. User-Defined Assets Category
  2. Depreciation Methods
  3. Asset Register
  4. Disposal

 

 

  1. Inventory Analysis
  2. Costing Method
  3. User Defined Fields (UDF)
  4. Item Cost Apportionment
  5. Multiple Warehouses
  6. Unit of Measurement
  7. Complete Sales Cycle
  8. Discount Structure
  9. Price Book
  10. Customer Price History List
  11. Complete Purchase Cycle
  12. Extended Vendor Info
  13. Profit Margin Analysis
  14. Item Reorder List
  15. History Inquiry
  16. Stock Take
  17. Item Inquiry

 

 

Bizlnt Wizard, or Business Intelligence Wizard, utilizes Seagate’s Online Analytical Processing (OLAP) tool to analyze user’s business information stored in BIZTRAK’s database using various “dimensions” that have been defined. . It then rapidly displays the analyzed information in multi-dimensional views, delivering instant answers to all types of business questions.

With BizInt Wizard, users can obtain insightful information that enables business decisions that are more effective. The software is currently equipped with three preconfigured OLAP cubes for:

  • Sales Analysis
  • Purchase Analysis
  • Financial Analysis

 

BIZTRAK has a proven methodology to implement all our MSB software solutions. It ensuresthat the precise demands of each client are captured and implemented in an efficient and timely manner.

BIZTRAK employs a 10-stage implementation methodology as follows:

Phase 1 – Project Initiation

  • To confirm the project requirements in terms of time scale, scope and participants;
  • To agree on an implementation framework outlining the respective roles and responsibilities of BIZTRAK and clients;
  • Setting To set realistic expectations to ensure the success of the project

Phase 2 – Software Installation
  • To install and set-up of Biztrak MSB software into the client’s hardware platform.

Phase 3 – Project Team Training
  • To provide the Clients with the mechanics and features of the software and to explorethe scope of the systems.

Phase 4 – Business Requirement Mapping
  • To conduct Process Review and Business Process Analysis (BPA) will be conducted to allow compilation of information from various divisions;
  • To obtain the information will be obtained through direct interviews with current and future users and expand the results will be expanded into an accurate and complete set of user requirements and document filled into the Functional Requirement Document.

Phase 5 – System Build
  • To configure and deliver Biztrak MSB in accordance with the signed off Functional Requirement Document (FRD);
  • To develop the Interfaces will also be developed at this Phase, concurrently with Biztrak MSB configuration (as defined and agreed in the Functional Requirement Document);
  • At the end of this process, a skeleton system will be available for User Acceptance Test and End User Training.

Phase 6 – User Training
  • To introduce and educate users on the usage of Biztrak MSB which covers the scope and functionality of the system.

Phase 7 – User Acceptance Test
  • To ensure the delivered system to be is fully tested and signed off to client’s satisfaction.

Phase 8 – Data Migration
  • To ensure that all data from the existing system is properly converted and ready for migration to Biztrak MSB.

Phase 9 – Live Operation
  • A run a pre-defined live running phase will be run where careful monitoring of the system and its operation is undertaken.

Phase 10 – Post Implementation Review
  • To evaluate the achievement of the implementation by obtaining feedback and suggestions from the clients to appraise the ability of the system in meeting its specified objectives.