Meet global challenges with Monitor
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Times are tough – what lies ahead?
Want to emerge strongly from the recession and gain market share?
If you can optimize your business now you’ll come out the other side in a far stronger position. It’s not just about making savings and cutting back.
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How can Monitor help your company?
When energy prices and access to materials change quickly, this places greater demands on your ERP system. It’s about keeping track of profitability in an effective way.
Maintain a high rate of production with our integrated solutions, despite having less resources.
Every penny counts
Avoid holding excess stock when interest rates rise.
Pinpoint where you actually generate profit, and stop spending valuable time on areas where you don’t make money.
Be a partner to trust
Check delivery times ensures you’ll deliver on time and keep your promises to customers.
Win time and work smart
Stop processing invoices manually and let the accountants do what they do best – balance the books.
How did it go?
Keep track of how much your products cost, and if things are going as planned, with pre- and post-calculations.
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Common challenges during tough times
We no longer know which products actually generate a profit
Does this sound familiar? Production is normal but we’re finding it hard to make a profit – how do we know which parts to prioritize so we can maximize earnings?
There was probably no doubt at first, but rocketing energy and material prices can make it hard to know.
Now more than ever, it’s vital to keep the price of materials and production costs up to date. With Monitor’s advanced pre- and post-calculation functionality you can make comparisons and see how much it costs to manufacture a product. This means you can report accurately and optimize production based on the right figures.
Monitor has excellent support for time recording and reporting material during production, providing the best possible data for post-calculation.
We don’t know how much material we need to hold in stock
Tying up capital in material which isn’t used is expensive. You can make a lot of gains here. You’ll want to keep stock levels as low as possible while ensuring you have access to what you need to deliver on time.
With functions that calculate volume value and ABC classification, you can pinpoint which parts should be purchased regularly – and vice versa – so you can keep the right level of safety stock and order quantity.
It’s hard to keep the right things in stock when requirements suddenly change
Ever-changing markets make it hard to plan purchases in the best possible way. So how can Monitor help?
Monitor helps you calculate how much material you need, and when you need it. The system also keeps track of when requirements suddenly change, updating purchase orders already placed so you’ll never order more than you need, or at the wrong time.
What happens if a customer order is rescheduled?
Monitor reschedules the purchase accordingly, so you won’t tie up capital longer than necessary.
The program also includes loads of smart lists that show the value you can transfer.
We don’t know if we can afford to cover all our costs
Do you have full focus on future cash flow?
Monitor provides cash flow reports that don’t just take invoices sent and received into account. The system also looks at current and future customer and purchase orders, and takes historic payment statistics for your customers into consideration. This gives highly accurate and extensive forecasts, providing peace of mind that you can afford to pay salaries and cover future costs.
We don’t know how much profit we’ll make on our products when energy prices rocket
Run simulations. See what happens when energy prices, and other costs, go up.
We’ve built functions in Monitor that allow you to calculate for a worst-case scenario. Calculate manufacturing costs, generate cash flow reports, and simulate profit margins for individual products depending on changes to energy prices.