Compass ERP

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Compass ERP is an Arabic-English, dual language Enterprise Resource Planning system, developed by Emirati company Transtek Systems, Dubai, United Arab Emirates. Compass ERP release 1.0 was launched in 2001. It's now at release 6.0. The company started in Syria in 2001. [1]

Arabic Central Semitic language

Arabical-ʻarabiyyah[alʕaraˈbijːa](listen) or ʻarabī[ˈʕarabiː](listen) or Arabic pronunciation: [ʕaraˈbij]) is a Central Semitic language that first emerged in Iron Age northwestern Arabia and is now the lingua franca of the Arab world. It is named after the Arabs, a term initially used to describe peoples living in the area bounded by Mesopotamia in the east and the Anti-Lebanon mountains in the west, in northwestern Arabia, and in the Sinai Peninsula. Arabic is classified as a macrolanguage comprising 30 modern varieties, including its standard form, Modern Standard Arabic, which is derived from Classical Arabic.

English language West Germanic language

English is a West Germanic language that was first spoken in early medieval England and eventually became a global lingua franca. It is named after the Angles, one of the Germanic tribes that migrated to the area of Great Britain that later took their name, as England. Both names derive from Anglia, a peninsula in the Baltic Sea. The language is closely related to Frisian and Low Saxon, and its vocabulary has been significantly influenced by other Germanic languages, particularly Norse, and to a greater extent by Latin and French.

Transtek Systems is a major business software firm in the Middle East. Transtek System's flagship product is Compass ERP, a dual language (English-Arabic) Enterprise Resource Planning system. According to the major Arab daily Al-Hayat, Compass ERP was the local alternative in Syria after US economic sanctions prohibited major international technology and ERP vendors to sell their products in Syria. Transtek System's Compass ERP package has an estimated 80% marketshare, also due to lack of competition. Another product that filled a gap created by sanctions was Compass AML, the first anti-money laundering system produced in the Arab World.

Contents

Compass ERP includes 30 modules and submodules, including financial, human resources management, CRM, inventory, procurement, production, sales, labs, maintenance, and help desk. [2]

Run on Oracle database, Compass ERP is one of few proprietary enterprise resource planning systems in the Middle East. [3] It has implementations across that region and in major cities like Abu Dhabi, Dubai, Riyadh, Jeddah, Cairo, Amman, Muscat, Manama, and Doha.

Oracle Database is a multi-model database management system produced and marketed by Oracle Corporation.

Database organized collection of data

A database is an organized collection of data, generally stored and accessed electronically from a computer system. Where databases are more complex they are often developed using formal design and modeling techniques.

In 2014, Compass Fixed Assets Management was the first module of Compass ERP to launch as a cloud SaaS system. It was launched in Dubai through an agreement with InfoFort, a subsidiary of Aramex, a global logistics firm listed in the Dubai Financial Market. Since then, Compass ERP has been completely migrated to a web-based, cloud-enabled system.

Aramex is an international express, mail delivery and logistics services company based in Dubai, United Arab Emirates (UAE). The company was founded by Jordanian Fadi Ghandour and Bill Kingson in 1982. It is the first Arab-based company to be listed on the NASDAQ stock exchange. Aramex is listed on the Dubai Financial Market. Bashar Obeid serves as the company's CEO. Aramex has approximately 13,800 employees in 54 countries and a network consisting of 40 independent express companies.

Dubai Financial Market Stock exchange located in Dubai, United Arab Emirates

The Dubai Financial Market (DFM) is a stock exchange located in Dubai, United Arab Emirates. It was founded on March 26, 2000.

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References

  1. Damascus-based software firm takes on Syria's textile industry
  2. Compass ERP modules from Transtek's website
  3. With Oracle and in the cloud, Transtek eyes regional opportunities