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What Is Factorbooks?
Autonomous Business ManagementGo beyond traditional business models and discover the autonomous enterprise
Factorbooks® is cloud-based Autonomous Enterprise Resource Planning (ERP) software, powered by AI and automation, that brings business processes including finance, accounting, sales, purchasing, production and human resources together on one platform.
What is Factorbooks® Autonomous Business Management (ABM)?
Factorbooks® Autonomous Business Management (ABM) is a management system, supported by artificial intelligence (AI) and advanced technology infrastructure, that runs a company's operational and management processes with minimal human intervention. It enables robotic process automation (RPA) of complex processes, faster decision making through a Decision Support System (DSS), and data-driven strategic management.
Companies use Factorbooks® to simplify daily management tasks, improve efficiency and grow sustainably. Autonomous systems let business processes run faster and more securely; they reduce human error, improve resource management and let people focus on strategic work.
What is the difference between ERP and ABM?
Enterprise Resource Planning (ERP) systems are software systems developed since the 1970s to handle the core functions of growing businesses, built with the technologies of their time.
Autonomous Business Management (ABM) is an advanced engineering effort designed with the technological innovations of recent years, above all AI and cloud computing. While ERP systems provide core functions, ABM aims to manage a company's functions autonomously, end to end.
Compare the ERP and ABM packages
"Autonomous Business Management (ABM) is a revolutionary approach that automates and optimizes companies' operational processes with AI-powered systems and raises efficiency."
Factorbooks® Autonomous ERP technology
Platform
With its modular structure, easily manage all your business processes on a single platform to boost efficiency and gain operational flexibility.
Web Security
Provides a continuously monitored infrastructure secured with advanced security (OWASP Level 2) protocols to protect your data.
Enterprise Architecture (EA)
With TOGAF 10 architecture, it aligns your business processes and technology infrastructure with your strategic goals to increase your efficiency.
Artificial Intelligence (AI)
AI-powered ERP analyzes your data to speed up decision-making, automate processes and increase efficiency.
Autonomous System
Automates repetitive work, reduces errors and helps get more done in less time.
Scalable
Its scalable structure expands easily as your business grows and adapts quickly to your evolving needs.
Role-Based
Role-based ERP provides access tailored to your employees' duties and permissions, improving security and operational effectiveness.
Cost-Effective
Delivers cost savings and efficiency, offering budget-friendly solutions for your business and optimizing resource use.
Key benefits of Factorbooks® for businesses
Access From Anywhere
The Factorbooks ERP application is cloud-based (SaaS) and gives businesses secure access from anywhere.
Reduced Dependence on Individuals
Frees the business from the risk of depending on specific people, creating a more flexible and efficient structure.
AI-Driven Process Management
Plans and manages all business processes with AI algorithms, increasing operational efficiency.
Action Plan Creation
Tracks planned business processes, reports the status of process flows online and creates action plans.
Time and Cost Savings
Through automation, routine tasks and transactions are carried out without human intervention, saving labor and time. This significantly lowers businesses' operational costs.
Error Reduction
Human errors are minimized, improving the accuracy and reliability of processes.
Data-Driven Decision-Making
Advanced data analytics and AI give businesses the ability to make timely and accurate decisions.
Increased Efficiency
Automating business processes enables operations to run faster and more efficiently.
Flexibility and Scalability
Factorbooks systems enable businesses to adapt quickly to changing conditions and to grow. Advanced flexibility allows operations to be adjusted to different business volumes and needs.
Tax Compliance
Works in line with the Tax Procedure Law (VUK) and helps prevent unnecessary tax losses through tax optimization.
Accounting Automation
Automatically generates accounting data from commercial and financial data and prepares financial statements.
Tax Optimization
Through tax optimization, it makes use of all the opportunities the law provides and prevents tax losses.
Tax Planning
Performs tax planning and shows tax payments in the projected pro forma cash flow.
Liquidity Management
Information such as the company's liquidity position, profitability analysis and the monthly breakdown of working capital can be monitored continuously and in real time through charts.
Inflation Accounting
Tasks such as inflation accounting are performed automatically by the system every month.
Consolidation
Affiliate, subsidiary and consolidation structures are available, and consolidated financial statements are generated automatically.
Operational Efficiency Monitoring
Monitors the company's operational processes, reports inefficiencies and drives improvement.
Collection Process Optimization
Plans the collection process, completes collections in full when due and improves liquidity.
Account Management
Puts overdue accounts under follow-up. Alerts the debtor via email, SMS or phone call and directs the account to collection. Automatically creates the late payment difference invoice.
Multi-Currency Support
Works with multiple currencies and can produce reports in any currency you choose.
Smart Data Analysis
Collects and analyzes all of a business's data to proactively anticipate issues that may arise in business processes.
Decision Support Systems
Advanced AI models guide businesses in their decision-making and recommend the best strategy for various scenarios.
Business Process Automation
Automates routine workflows so employees can focus on more strategic tasks.
Advanced Forecasting
Supports long-term strategic planning by accurately forecasting market trends, customer demand and operational outcomes.
Self-Learning
Factorbooks® systems learn from user interactions and historical data to continuously optimize business processes.
Factorbooks® Autonomous ERP infrastructure and technology
The Factorbooks® infrastructure runs on a cloud-based system (public, private and hybrid cloud) and advanced data processing platforms. These systems are supported by modern technologies such as big data analytics, machine learning, robotic process automation (RPA) and the Internet of Things (IoT).
Factorbooks® Autonomous ERP technology was launched in 2010 as an R&D project supported by TÜBİTAK, the Scientific and Technological Research Council of Türkiye. The platform has been developed continuously since then. The Factorbooks® Digital Business Platform architecture integrates a set of disciplines to raise the efficiency of commercial businesses.
Core disciplines of the platform
Cloud Computing Services (CCS)
Using cloud computing services to store, process and share data effectively.
Machine Learning (ML)
Integrating machine learning to strengthen data analytics and predictive capabilities.
Artificial Intelligence (AI)
Using AI to enable the platform to make smart decisions and automate complex tasks.
Robotic Process Automation (RPA)
Business process automation technology that automates repetitive, rule-based tasks and speeds up business processes.
Data Integration
Provides the infrastructure needed to collect, process and make sense of information from different data sources.
Autonomous Core System (ACS)
The software foundation that forms the basis of the core system platform and enables automated operation.
Software as a Service (SaaS)
"Software as a Service": software delivered as a service, offering easy access and updates.
Banking as a Service (BaaS)
Integrating financial solutions through the Embedded Finance feature. While the Factorbooks® Digital Business Platform is classified as Software as a Service (SaaS), the Embedded Finance feature of its ERP application also places it in the Banking-as-a-Service (BaaS) category. This ERP solution, which optimizes business processes by reducing manual entry, can create exception transactions with user approval based on Natural Language Processing (NLP) or AI/Machine Learning (AI/ML) recommendations.
The Factorbooks® ecosystem
The Factorbooks business model aims to offer the autonomous ERP application, running on a SaaS cloud services platform, to commercial businesses and to build a "Commercial Digital Ecosystem" (CDE).
The ecosystem consists of a connected modular structure that runs with minimal human involvement, effective technology and value-creating algorithms. Roles in the company evolve toward a model where technology takes over routine tasks and employees focus on more strategic responsibilities.
Platform capabilities
Autonomous Accounting Capabilities
Factorbooks' autonomous accounting capabilities use AI to record the accounting entries arising from a company's commercial transactions automatically. The system records transactions online in line with the Turkish uniform chart of accounts, which speeds up accounting and lowers the risk of errors.
You can view automatically generated financial documents such as the chart of accounts, trial balance, balance sheet, financial statements and tax returns in real time in the application. When needed, you can create online reports to share with financial advisors, auditors or banks for credit applications.
- Fast accounting: tasks such as invoicing, income and expense analysis and budget planning are automated.
- Time savings: automated accounting lightens the daily operational workload.
- Transparent financial reports: the trial balance, balance sheet, financial statements and tax returns are tracked in real time.
- Strategic focus: teams can spend more time on strategic goals than on financial administration.
Autonomous Finance Capabilities
Embedded finance solutions make financial processes a direct part of business operations. Financial transactions such as payment infrastructure, lending services and cash flow management run on a single platform.
- Digitized financial processes: payments, budgeting and income and expense analysis happen in one system.
- Better financial management: real-time financial data means decisions are based on reliable data.
- Faster reporting: real-time data makes it easier to adapt quickly to changing conditions.
e-Transformation Capabilities
Companies send and receive official documents such as e-Invoice, e-Archive and e-Ledger from within the application, integrated online with e-Transformation services and without separate middleware; accounting entries are created automatically.
- Paperless processes
- Time and cost savings
- Easier regulatory compliance
- Transparent, traceable processes
e-Banking Capabilities
Payments, loan management, cash flow tracking and other financial services come together in one system. Integration with multiple banks lets you manage banking transactions from one platform and get instant reports on bank accounts and transactions.
- Digital management of banking transactions
- Real-time financial reporting
- Banking services offered under the company's own brand
- Faster payments and transfers
E-commerce Capabilities
Inventory tracking, order management and payment integrations are managed in one system. Marketplace integration syncs with platforms such as Trendyol, Amazon and Hepsiburada to bring your products to a wide audience.
- Operational efficiency
- Broad customer reach
- Better customer experience
Analytics and Reports
With real-time reports and in-depth analysis, companies monitor their operational efficiency. Financial and operational data is tracked on dashboards, and metrics such as revenue, expenses, profitability and cash flow are analyzed regularly.
- Data-driven decisions
- Real-time data analysis
- Performance measurement
Software as a Service (SaaS)
The Factorbooks SaaS model frees companies from expensive hardware investments and time-consuming maintenance. Thanks to the cloud-based architecture, business processes can be managed from anywhere with internet access, and the system infrastructure is kept up to date.
Banking as a Service (BaaS)
With the banking-as-a-service business model and technology, companies can access banks' financial products and services from within the application. With open banking infrastructure, services such as payments, loan management and cash flow can run through Factorbooks.
Data security
Factorbooks® is equipped with advanced security systems to protect data and business processes. The platform is designed around the TOGAF 10 enterprise architecture standard, the COBIT 5 IT governance framework, the ISO 27001 Information Security Management System, OWASP web security, centralized log management with SIEM (security information and event management) for enterprises, and the personal data protection requirements of KVKK and GDPR.
Data Encryption
Strong encryption methods are used for all sensitive data, communications and storage. This helps protect data against unauthorized access.
Strong Authentication
Users access the system through strong, unique authentication methods. This prevents unauthorized access.
Firewalls
Firewalls are used to strengthen network security. This provides an additional layer of defense against malicious attacks.
Up-to-Date Software
Software and security patches are updated regularly. This helps us close known vulnerabilities.
Monitoring and Logging
Activity in the system is monitored and logged. This helps us detect and respond to potential threats.
Authorization
User access levels are limited to what is necessary. Access is granted only to the data and functions that are required.
Data Backup
Data is backed up regularly and the backups are stored securely. Measures are taken to prevent data loss.
Training
Staff are trained to follow security protocols and to raise security awareness.
Accelerate growth with AI-powered autonomous processes
See Factorbooks in a live demo using your own business processes.