As they say, time is money. But the adage leaves out raw materials, labor, and wear and tear on your company’s assets. By the time a manufactured product has come off the line, it has incurred a variety of costs that are frequently kept track of using disparate software systems. When inventory systems, enterprise resource planning (ERP) systems, and job costing systems are all disconnected from each other, it can be a hassle calculating the true cost of a product.
Your products begin incurring costs the moment you order your materials. Good inventory management is critical to making sure you have the right materials in the right place at the right time; the same Sage ERP software that helps your inventory run smoothly will also help you collect accurate data about the costs incurred before your product's manufacture begins. By choosing an integrated system like Sage ERP and JobOps, you can make it easy to import your inventory data into the job costing system.
Wear and tear on your enterprise's machines gives rise to another family of costs that can be difficult to track without integrated job costing and ERP system. ERP systems typically track much of the data that is important to accurately calculating the wear and tear costs incurred by a particular job. When you integrate with JobOps, you can ensure that your job costing system is working with the most accurate equipment cost data possible.
Accurate cost tracking, from the beginning of a product's existence to its eventual sale, is critical for running an efficient and competitive enterprise. However, when disparate systems are used to keep track of different sets of costs, accurate cost tracking can be difficult and time consuming. A combination of JobOps and a Sage ERP system can make it much easier to track costs across a broad spectrum.
Oates & Co. is committed to helping enterprises find and implement software solutions that improve their business processes in a number of areas; feel free to contact us for more information about our products and services.
