R&D

ERP for software, electronics and telecom R&D

Bring the budget, purchases and spending of parallel R&D projects together on the project record, and track payroll, SGK, software subscriptions and test hardware on the same platform.

Cost control when most of the cost is people

In software, electronics and telecom R&D, engineering salaries carry most of the cost, followed by development boards, test and measurement equipment, software licenses and cloud subscriptions. Companies operating in a technology development zone or as an R&D center must keep staff and expenses separated by project and documented because of the support provided under Laws No. 4691 and 5746.

Factorbooks collects project purchases, payments and budgets under Project Management, while personnel records, payroll and SGK premium payments run in Human Resources and SGK Management. Project Management is included in VECTRA and the ABM packages. Incentive and deduction calculations and applications are not handled in Factorbooks; the records your financial advisor needs stay organized and accessible.

Key benefits for technology R&D teams

  • Budget by project

    A budget is defined for each R&D project; purchases and payments are linked to the project record so budget and actuals are tracked together.

  • Payroll and SGK in one place

    Personnel records, wage accruals and payroll are kept in Human Resources, and SGK premium and BES payments in SGK Management.

  • Visibility of licenses and subscriptions

    Development tools, cloud services and test software subscriptions sit in one list, with an account summary for each.

  • Records for test hardware

    Development boards, measurement instruments and servers are recorded as fixed assets or minor fixed assets.

  • Project closing and capitalization

    A completed project is closed through Project Closing & Capitalization, and its transactions remain traceable afterwards.

  • IP contracts

    In ABM packages, confidentiality, employment and intellectual property contracts are stored by type in Contract Management.

Featured industry-specific solutions

Project Management

Use Project List, Project Budgeting and Project Costing to track the spending of each R&D project separately. Project purchases, payments, advances and documents are collected on the project record. Included in VECTRA and the ABM packages.

Human Resources and SGK

Keep salary records for your engineering staff with the Personnel and Employment Records List, Wage Accrual and Employee Payroll Creation. SGK premium payments and BES payments are tracked in SGK Management.

Subscription Management

Gather software licenses, development platforms and cloud subscriptions in the Subscription List. See the payment history of each subscription in the Subscription Account Summary.

Asset Management

Record servers and test and measurement equipment as fixed assets, and prototype boards and small equipment as minor fixed assets. Software rights go under Intangible Assets & Rights; depreciation runs in SYNTRA and higher packages.

Contract and Document Management

Store confidentiality, employment and intellectual property contracts by type, and organize company and personnel documents into categories in Document Management. Included in ABM packages.

Related Factorbooks modules

See module coverage and package availability on each module page.

Manage e-Transformation products on one platform

Other industries

All industries

Let’s find the right Factorbooks package for Technology R&D (software, electronics, telecom)

We go through your priority processes together, identify the packages and modules that fit your needs and prepare your annual quote.

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