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Utilizing Key Performance Indicators in Acumatica for Manufacturers
Posted on: February 15, 2022 | By: Jim Bertler | Acumatica
Measurements and data analytics are at the core of any successful business. Understanding how well a company is performing as well as remaining vigilant in daily operations gives businesses greater insight into the current challenges and opportunities they are facing. Moreover, these measurements and data points guide management in making better decisions.
Some of the most important measurements that companies often look at are referred to as Key Performance Indicators, or KPIs. Management looks to KPIs when they are trying to determine the general health of the company. Using a good ERP that takes accurate measurements of these KPIs and presents them in an accessible, digestible format is crucial for successful business strategy.
Acumatica’s comprehensive ERP helps manufacturers hone in on the most important data points and comes set up with essential KPIs, like Plan vs. Actual Hours and Cost, Utilization and Capacity, and Scheduled Production.
While Acumatica comes with these KPIs already installed, one of the best parts about this ERP is the ability for customization. Users can identify and focus on KPIs they deem pertinent to their business operations. These KPIs are subject to change, and users can switch in and out what data they want to be at the core of their business decision making.
The value in having accessible, comprehensive KPIs is universally recognized within the business world. Through Acumatica’s extensive, cloud-based ERP, users are able to harness the power of analytics and KPIs, and this power’s longevity is seen through the customization users have access to.
Next Steps
Acumatica is transforming businesses across the globe through its cloud-based, personalized system. Its manufacturing-specific ERP addresses the key needs and concerns of companies in the manufacturing industry. Logan Consulting is a proud partner of Acumatica and can answer any questions you may have today!
