Successful and profitable discrete manufacturing companies often have one thing in common: They have all implemented discrete manufacturing KPIs to help them spot and be able to react to evolving situations. With the need for more real-time insights grows, outdated software is being pushed to its limits and not easily able to support company growth.

You can streamline the data collection and eliminate a lot of duplicate data entry that’s commonly required to use legacy software. Take a giant leap forward without the analysis paralysis by utilizing Sage 100Cloud software, which is specifically designed for manufacturing businesses. Read more to see some examples of KPIs companies like yours use, enabled by Sage 100Cloud manufacturing software.

Rich, Financial Sage 100 Manufacturing KPIs

Within your accounting and finance is a treasure trove of financial insights and often the data needed for the important financial KPIs already exists somewhere. If you can easily wade through the piles of spreadsheets and standard reports, you can find the insights that are usually difficult or impossible to detect.

Sage 100Cloud Manufacturing software streamlines your data collection and automates data analysis and the calculations that lead to these financial KPIs, including:

• Return on Assets
• Return on Equity
• Asset Turnover
• Fixed Asset Ratio
• Days in Accounts Receivable
• Backlog to Working Capital
• Months in Backlog

Industry-Specific, Nonfinancial KPIs

It’s critical to measure and trend data on nonfinancial manufacturing KPIs to really identify the root-cause of what’s underlying your financial results. Understanding the actual cause and effect will eliminate wasting time on projects or improvements that won’t help you achieve your goals.

Here are just a few examples of the crucial nonfinancial KPIs used by growing manufacturing companies with Sage 100Cloud Manufacturing software to make plans that leads to positive outcomes:

• Labor or Expenses Exceeding Actual or Committed Budget
• Productivity Below Estimate
• Change Requests Overdue
• Defects Identified
• Safety Incident Count

Manage KPIs Easily

A comprehensive solution for automating your unique job management functions for manufacturing will be the easiest path to your manufacturing KPIs. If your team is swimming in spreadsheets, Sage 100cloud Manufacturing is the automated solution to help with those complex aspects of discrete manufacturing accounting.

Sage 100cloud Manufacturing works seamlessly with Sage 100cloud (formerly MAS 90, MAS 200 and Sage 100c) systems. Small- to mid-sized companies can have an integrated ERP solution that provides the critical operational and financial information from a single source.

Successful discrete manufacturing companies like yours rely on the real-time view the Sage 100cloud Manufacturing solution provides, including the following:

• Cost Tracking
• Estimating and Quoting
• Sales and Work Orders
• Planning
• Scheduling

A Hosted Solution with Cloud Connectivity

You no longer have to choose between an on-premise hosted solution or easy cloud connectivity. Sage 100cloud Manufacturing gives you the benefits of both. You can upgrade on your own schedule as well as take advantage of new software innovation. It’s easy to simplify your financials with increased collaboration with Sage 100cloud’s mobile accessibility.

It’s possible to easily configure your application’s settings and the environment because Sage 100cloud uses an open code base. Customize the application to your unique requirements and processes by adding new data fields specific to your company. And you can automatically import data from across various platforms to further automate your processes with custom scripting.

To see how these solutions can increase your discrete manufacturing company’s profitability and streamline your processes by measuring the crucial financial and nonfinancial KPIs, contact the experts that know Sage 100cloud and the manufacturing industry. Contact Vrakas-Blum today!