The way gold is stored and tracked has changed a lot in the last ten years. Many bullion and jewellery businesses are now using secure storage with strong systems, much better than what banks offer. As more people and institutions invest in gold, the need for secure and trusted storage continues to grow.
These changes also indicate a growing demand for better control, compliance, and digital records. These changes bring both opportunity and responsibility for traders and jewellers in Dubai, Saudi Arabia, and across the Gulf.
Traceability
Today, buyers and regulators want to know where your gold comes from. They also want proof that it is stored safely and handled correctly. If you cannot prove this, your business may face audits, legal risks, or a loss of trust.
This is why traceability and record-keeping are no longer optional now. They are necessary to protect your business and reputation.
How Has Storage Upgraded?
Modern gold storage facilities use advanced technology. These include biometric locks, motion sensors, and vaults that resist fire and even earthquakes. The best storage providers also control air temperature and humidity to protect the metal from damage.
Each gold bar or item is often photographed, weighed, and labelled. This helps when making insurance claims or showing proof during an audit.
But even the best vault is only as good as the records you keep. This is where a jewellery ERP software plays a key role.
The Role of Suntech’s SUNFACET ERP
SUNFACET ERP, by Suntech Business Solutions, is made for gold, diamond, and jewellery businesses. It helps you manage your stock, track movement, and store key data such as weight, value, and source. You can also apply different pricing for cash and cheque payments, track Sauda and Badla transactions, create tax-ready invoices, comply with VAT and GST laws (UAE, Saudi Arabia), maintain audit trails for every transaction, when your storage provider gives you details, SUNFACET helps you store and manage that data digitally. This means you are ready when auditors or customs officers ask for proof.
Control with Digital Records
SUNFACET allows you to track every item from the moment it enters your system. You can view photos, weights, transaction logs, and supplier details, all in one place. This is a big advantage for jewellery businesses in the Gulf. It means less paper, faster reporting, and accountability can also offer more trust to your buyers, banks, and partners. ERP software brings your back-office in line with world-class storage standards.
Good storage protects your gold. Good ERP protects your business. It is certain that global demand is rising and rules are getting stricter; therefore, Jewellery and bullion businesses in the Gulf must lead with trust and transparency.
SUNFACET ERP helps you stay compliant, stay in control, and build a business that is ready for the future.
Secure your gold business with SUNFACET ERP.
Get in touch with our team for a free demo or consultation.📞 Phone: +971 55 220 1715
✉️ Email: info@suntech-global.com
🌐 Website: www.suntech-global.com
📍 Locations: UAE | Saudi Arabia | India | Hong Kong
