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Category: Financial

Growing Home Improvement Business Increases Demand on Manufacturers

November 4, 2024
| No Comments
| Categories: CPQ, Door Manufacturing, ERP Software, Financial, Furniture, Kitchen & Bath Cabinets, Make-to-Order, Manufacturing, MES, Product Configurator, Sales Order Management, Supply Chain Management, Uncategorized, Window & Door Manufacturing, Window Treatment Manufacturing
home improvement business, year-end inventory,

During the pandemic, homeowners focused on updating and upgrading their spaces. This resulted in a huge uptick in home improvement business. Higher interest rates over the past few years caused that trend to wane. However, the recent rate cut has seen the upward trend reemerge as more homeowners look to refinance their homes at lower rates. A new report suggests the renovation and home improvement sector will be big factors driving more activity in 2025. The surge in remodeling…

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Why to Connect Your Online Payment Portal With Frontier ERP

October 21, 2024
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| Categories: Accounting, ERP Software, Financial, Manufacturing, Sales Order Management, Uncategorized
home improvement business, year-end inventory,

Since the advent of Internet banking, online payment portals have become the preferred way for customers to pay their bills. However, a secure online payment portal isn’t just reserved for eCommerce stores or utility companies. It is also for manufacturers. As a result, many manufacturers have connected their portals to their ERP systems for a single data source. According to the payment company Stripe, “ERPs can significantly improve internal operations for businesses, and this is especially true when businesses opt…

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10 Automated Processes That Will Save You Time and Money

October 16, 2024
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| Categories: CPQ, Engineer to Order, ERP Software, Financial, Make-to-Order, Manufacturing, MES, Product Configurator, Sales Order Management, Supply Chain Management, Uncategorized

Time and money. Many people often say that time equals money. When companies seek ways to save, these two areas are at the top of their list, especially for manufacturers. One of the best ways to achieve that savings is through automated processes. Companies often adopt automated technologies since manual processes are a waste of time and money. They generate inefficiencies, preventing manufacturers from maintaining high quality and service standards for both their products and operations. A quote by…

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Top 10 Supply Chain Cost-Reduction Strategies

October 14, 2024
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| Categories: ERP Software, Financial, Supply Chain Management, Uncategorized
home improvement business, year-end inventory,

Manufacturers are still dealing with the high cost of raw materials and operations this year, despite slow economic growth. The uncertainty surrounding potential spikes in product and transportation costs from the recent International Longshoremen’s Association (ILA) strike didn’t do anything to calm the nerves. To combat current and future pricing instabilities, manufacturers are turning to supply chain cost-reduction strategies. Effective savings strategies can make a significant difference in a company’s bottom line. From streamlined processes to improved demand forecasting,…

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Helpful Tips for Selecting the Best Window and Glass ERP System

October 2, 2024
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| Categories: CPQ, Engineer to Order, ERP Software, Financial, Make-to-Order, Manufacturing, MES, Product Configurator, Sales Order Management, Supply Chain Management, Uncategorized, Window & Door Manufacturing

An enterprise resource planning (ERP) system is important for window and glass manufacturers to manage their operations. The best ERP systems improve efficiency and streamline processes resulting in optimized operations across the company. However, window and glass manufacturers have distinct functionalities that must be included with their chosen ERP system. Many industry-specific factors should be considered during the ERP software selection process. Keep reading to discover 5 areas to research when selecting the best ERP system for your company….

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Why ERP Accounting Software is Better for Financial Management

September 25, 2024
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| Categories: Accounting, ERP Software, Financial, Uncategorized

When manufacturers first start, they often rely on traditional accounting software like QuickBooks to handle their financial management needs. These tools can be effective in the early stages but may reveal limitations as operations grow and become more complex. To address these challenges, you should use ERP accounting software for a more comprehensive and integrated solution that scales with their business needs. Understanding ERP Systems An ERP system is a comprehensive software platform used by organizations to integrate and…

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How Product Configurators Eliminate Pricing Hassles

May 15, 2024
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| Categories: ERP Software, Financial, Make-to-Order, Product Configurator, Uncategorized
pricing, product configurators

Manufacturers constantly seek innovative ways to streamline their operations and enhance customer experiences. One significant challenge many companies face is complex pricing for customizable products. Traditional methods often involve manual calculations that are prone to errors and can lead to confusion for both customers and staff. However, with product configurators, these pricing hassles become a thing of the past. Product configurators allow customers to personalize products to their exact specifications and integrate with pricing algorithms to automate calculations and…

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10 Steps to Efficient ERP Product Costing Management

May 2, 2024
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| Categories: Accounting, CPQ, ERP Software, Financial, Make-to-Order, Manufacturing
erp, product costing

Efficient product costing management is vital for manufacturers to stay competitive in their respective industries. No matter if you manufacture uniquely designed coffee tables or custom entry doors, it factors into your company’s financial health and profitability. Navigating the complexities of product costing can be quite challenging for manufacturers. Fluctuations in expenses, production process variables, and insufficient data management are just a few obstacles that some may face. However, companies can overcome these challenges with the right strategies and…

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ERP & CPQ for Contract-Grade Furniture Manufacturing

January 31, 2024
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| Categories: ERP Software, Financial, Furniture, Make-to-Order, Window & Door Manufacturing, Window Treatment Manufacturing
contract grade furniture

Amidst the evolving designs of modern offices and retail spaces, there’s a growing demand for distinctive, contract-grade furniture. This trend is particularly prominent as companies prioritize aesthetics, functionality, and an immersive experience for their employees and customers. As a result, they are seeking contract-grade furniture manufacturers to provide custom and semi-custom furniture solutions. To ensure that operations are running as efficiently as possible, furniture manufacturing software is a necessity. When coupled with CPQ, an ERP system provides the best…

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Critical Custom Manufacturing Year-End Tasks

December 6, 2023
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| Categories: Accounting, ERP Software, Financial, Make-to-Order, Manufacturing, Production Scheduling, Uncategorized
end of year 2023

The end of 2023 is nearly here. Companies are hustling to fill the last purchase orders before the holidays so employees can take a much-needed break. While many in the custom manufacturing industry would rather be enjoying festivities, critical end-of-year obligations cannot wait. Typical assignments at this time usually include holiday production scheduling, financial closing, and yearly physical inventory. Often these are considered daunting and unpleasant duties for those involved. However, businesses can improve their year-end processes while planning…

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