Synergy has added you to our Manufacturers Business Growth Today eNewsletter list because we think you will appreciate the relevant news, articles and whitepapers on financial and project accounting and materials management. If the content doesn’t prove to be of value, you may unsubscribe here. If this email doesn't display well, click here.
This newsletter contains helpful material relevant to make-to-order (MTO) and engineer-to-order (ETO) manufacturers including information on software for your industry.
1 –Stop Doing Business Processes Manually – Save time and sanity by eliminating duplicate data entry, manually entering inventory into the general ledger, and relying on one person and/or one file to capture or post data. Any set of processes routinely done manually will severely limit your ability to produce, grow, and maintain a competitive advantage.
2 – Find an IT Solution that Meets the Unique Requirements of a made-to-order (MTO) or engineer-to-order (ETO) Manufacturer – You build unique products to customers’ unique specifications. Using a solution for standard manufacturing processes will handicap your business. Find a solution that allows you to track purchased material to a specific project rather than stock, do progress billing, collect actual costs to projects, recognize revenue based on percentage of completion, and do other processes specific to project-based manufacturing.
Project software is a tool that is used by many companies to schedule resources, estimate costs, track status, and analyze results of their projects. The purpose of this whitepaper is to be a resource for those interested in learning more about the capabilities and technology of mid-market project software and how you can take advantage of these capabilities for your project-based business. It will focus on some of the key functionality and capabilities of project software systems that are likely to be fo the greatest benefit to you.
Software Resources is an unbiased software selection consulting group that assists companies, government, and non-profit entities through the software selection process.
SAFE Boats International needed an accounting solution that would grow with the company and expand as they expanded. They found that they had ineffective processes in place across inventory, accounting, general ledger, accounts payable, and payroll and weren't able to keep up. They had multiple large government contracts come in that complicated their situation. With payroll, only one person could do data entry at a time. They had no capability of knowing how much a boat was really costing until after the end of a project. They needed a solution that integrated their processes and could handle the project and manufacturing sides of their business.
SAFE Boats is a make-to-order manufacturer that builds military and law-enforcement vessels all over the world. They reached a point where they were unable to grow and comply to customer needs without a financial management and project accounting system that automated their project-based operations.
