Managed ERP Services

Leveraging cutting-edge technology to transform your financial operations and business processes.

Managed ERP

Onyx's technology services create a foundation for seamless adaptation and growth, with tailored ERP and financial technology solutions deployed exactly where they are needed. Our experts bring deep industry knowledge, hands-on business experience, and collaborative applications to maximize ERP and cloud benefits for financial operations.

From developing a robust ERP strategy to implementing tech-driven financial transformation programs and managing complex financial processes, our human-centered, tech-enabled teams focus on optimizing your business's financial management. We streamline processes for budgeting, financial reporting, compliance, and resource planning, empowering your organization to make informed, data-driven financial decisions.

ERP Solutions

1. Managed ERP & Financial Reporting Services

Our Managed ERP and Financial Reporting service leverages the power of Microsoft Dynamics 365 Business Central to streamline your business operations. We focus on understanding your unique business needs to implement tailored processes, workflows, and robust internal controls.

Benefits
  • Operational Efficiency: Streamlined automated workflows reduce manual processes, saving time and minimizing errors.
  • Increased Control: Robust internal controls to safeguard your assets
  • Enhanced Decision-Making: Access to accurate and insightful reports allows leadership to make strategic decisions with confidence.
Managed ERP

Our Approach

 
1
Diagnosis

Obtain an in-depth understanding of your business.

 
2
Solution

Delivering tailored processes and workflows in accordance with industry best practices.

 
3
Execution

Setup, implementation, training and testing

 
4
Sustenance

Full ongoing support and guidance

Ready to Transform Your Business?

Transform your financial reporting and ERP processes with our Managed ERP service. Contact us today to learn how we can help your business thrive.

 

 

Technologies And Products

 

Enterprise Resource Planning

 

Extended Industry Specific Solutions

E-commerce

Point of Sale

Document Management

Bank Feed

Contracting

 

KSA Localized Extended Solutions

E-Invoicing

Value Added Tax

xPayroll

 

AI & Power Platform

2. Book-keeping Services

Onyx offers expert bookkeeping services designed to streamline your financial processes and provide you with the clarity you need to make informed decisions. Whether you're a small business, a startup, or an established enterprise, our dedicated team of professionals is here to help you maintain accurate, organized financial records and ensure compliance with all regulatory requirements.

Bookkeeping Services

Book-keeping solutions and financial reporting

  • Transaction Recording: We meticulously track every financial transaction, from sales and expenses to investments and payroll.
  • Bank Reconciliation: We ensure that your bank statements match your financial records, identifying any discrepancies.
  • Accounts Payable and Receivable: We manage your outstanding bills and invoices, ensuring that you stay on top of your cash flow and avoid late payment penalties.
  • General Ledger Maintenance: Our team keeps your general ledger up to date, recording all financial transactions in an organized and structured manner.
  • Income Statements (Profit and Loss Statements): Understand your business’s profitability over time.
  • Balance Sheets: See a snapshot of your company’s financial position, including assets, liabilities, and equity.
  • Cash Flow Statements: Track your cash flow to make sure you can meet your financial obligations and plan for future growth.

 

Payroll Services

  • Employee master data management: creation and maintenance of centralized digital data base, management of on boarding and off boarding process on the system.
  • Employee Compensation Management: Accurate calculation of wages, benefits and employee provisions.
  • Compliance Assurance: Keeping you compliant with the general organization of social insurance payroll regulations and labor law including wage protection system.

 

KSA VAT Services

  • VAT registration: assist business with VAT registrations
  • VAT calculation and invoicing: insuring all transactions subject to VAT are recorded within the reporting period
  • VAT filing and reporting: preparation of periodic VAT return and submission on ZATCA portal.
  • Audit and investigation: Support with inquires and requests received from ZATCA.

 

Our Process

 
1
Data Collection

Providing a tailored request list of the required data to be collected and organized into the created data room.

 
2
Review, adjust and map

Review the data and make necessary adjustments. Configuring and mapping transactions to the chart of accounts.

 
3
Upload & Post

Through our high-tech tools, we upload and post transactions into Business Central.

 
4
Financial Reporting

Issuing financial reporting package