5 Benefits to Job Costing and Project Accounting Manufacturing Automation

Learn how the Acumatica Manufacturing Edition addresses 5 common manufacturing business process automation challenges. 

Inaccurate manufacturing job costing can severely impact the efficiency and profitability of a business. Learn how to virtually eliminate these inaccuracies with accurate manufacturing job costing project accounting.

The Acumatica Manufacturing Edition (AME) is an integrated solution that automates business processes for make-to-stock, make-to-order, engineer-to-order, project-centric, job shops, repetitive and batch processing manufacturers. Recently, we implemented the Acumatica Manufacturing Edition for a manufacturer. 

Our recent cutomer project is solving 5 job costing and project accounting challenges with the Acumatica Manufacturing Edition:

• Eliminate disparate systems requiring duplicate data entry which is highly inefficient
• Eliminate job estimating done in spreadsheets which are prone to errors
• Improve margin analysis on jobs by moving cost collection to the major component level instead of the job level
• Increase visibility into job status
• Incorporate sales tax calculation automation on quotes and orders saving time

In order to maintain optimum efficiency, manufacturers require real-time integrated production planning with CRM, sales orders, inventory, purchasing, accounting, and reporting from one central automated system. In addition to the top challenges listed above, the Acumatica Manufacturing Edition integrated the following business processes:

• Prospect management and sales cycle management
• Job Estimating
• Production planning and scheduling
• Production management
• Accounting and payroll
• Labor collection
• Spreadsheets

In their prior system, they managed the processes above in multiple non-integrated systems. This customer is now set-up with a modern job costing manufacturing all-encompassing system including the following integration benefits:

• Sales opportunities and quoting
• Job estimating at the major component level based on budgeted material and labor costs with markup flexibility at the component and job levels
• Project accounting captures costs and revenue at the major component level and for services provided across the job
• Materials requirements planning drives consolidated purchasing to jobs by rolling up purchased items from across the major components
• Production management provides job status visibility and cost capture
• Project accounting provides progress and retainage billing to support industry billing preferences
• Change order management for internal and external change requests
• Sales tax management is done automatically via a link to Avalara
• Real-time margin analysis provided at the major component and job level

The Acumatica Manufacturing Edition integrates with the Customer, Inventory, Order Management, eCommerce, Financial, Project and Service Management Suites. As experienced manufacturing and ERP systems consultants, we help you adopt a successful strategy for growth using modern manufacturing processes and the Acumatica Manufacturing Edition platform.

Learn if the Acumatica Manufacturing Edition is a good fit for your growing business.

For more information, please visit our website, call 206-336-9197 or email us.  

Stratotech Partners, LLC. is an Acumatica Gold Certified Partner, headquartered in Seattle, Washington, serving Acumatica customers in the Seattle metropolitan area and Pacific Northwest region. Stratotech’s expertise allows them to focus on small to mid-sized manufacturing companies who are outgrowing existing systems and looking for lower cost cloud-based alternatives. Highlighted solutions offered by Stratotech are the Acumatica Manufacturing Edition and Smartsheet, the leading cloud platform for collaboration and project management.

For more information, please visit our website, call 206-336-9197 or email us.  

Another version was previously published on Stratotech Partners' blog - Job Estimating and Project Accounting Software Success Story with Acumatica Manufacturing Edition