MANUFACTURING ACCOUNTING SOFTWARE
Manufacturing accounting software is vital to succeed an an industry with unique financial demands placed on businesses. This can include anything from cost control management to real-time inventory tracking, job costing and production planning.
Thankfully Manufacturing Accounting Software with Epicor Kinetic ERP allows you to handle all of these complex demands within one system, helping you streamline financial processes, ensuring accurate tracking of costs, expenses, and revenues. Epicor Kinetic ERP not only helps you automate routine tasks – it also facilitates compliance with financial regulations through accurate record-keeping and reporting. Enhanced data analytics and reporting tools enable better decision-making, helping businesses optimize production costs and improve profitability.
REMOVE THE STRESS OF MONTH END WITH MANUFACTURING ACCOUNTING SOFTWARE
Reliable and accessible financial information
With manufacturing accounting software that is integrated with your ERP system, you can rely on your financial information to be accurately updated to a centralised database – minimising the risk of human error. For XTrac, we increased inventory accuracy from 45% to a world-class 95%, which is vital for reliable WIP valuation and balance sheet integrity.
Eliminate month-end panic
By automating your processes and reducing errors, you can ensure customers, vendors and staff alike receive their money on time. ITW Construction Products, they achieved a 71% reduction in month-end closing time (from one week down to two days) and a 98% reduction in process inefficiency for Cost of Sales/Work in Progress (WIP) reports, slashing processing time from 4 hours to just 5 minutes.
Granular Profitability and Margin Analysis
By integrating advanced tools like Epicor Data Analytics (EDA), CBO enables finance departments to replace manual, spreadsheet-heavy processes with live dashboards. This allows for multi-level reporting where accountants can drill down into gross profit variations to see what products, customers, or market sectors are performing optimally, ensuring data-driven decision-making rather than "operating blind".
Epicor Kinetic ERP
Epicor Kinetic ERP provides powerful cloud-based tools to help manufacturers become more streamlined and profitable. Built specifically for the sector, Epicor Kinetic ERP is tailored to the needs of the modern manufacturer – providing seamless integration with Industry 4.0 technologies and familiar end-user experiences.
TECHNOLOGIES
