Finance-native ERP built for manufacturing SMEs — connecting procurement, production, inventory, and accounts into one real-time system.
On the shopfloor, the numbers tell a different story—and you usually hear it weeks too late. Legacy setups introduce severe margin erosion points:
Your BOM standard costs are static. As raw material prices fluctuate and process yield drifts, standard figures become detached from actual floor spending, distorting margin metrics.
Materials moved to the shopfloor enter a financial blind spot. Capital is locked in WIP for weeks, and finance cannot valuate it accurately until the production run is closed.
Actual inventory on the floor drifts away from accounting logs. Scrap, rework, and unrecorded consumption are lumped into a general variance adjustment rather than traced to causes.
Downtime, scrap rates, and rework processes increase the real unit cost of a batch. However, since costing is separate from production data, leaks hide until quarterly reconciliations.
Finance closes the books weeks after the month ends. By the time a product-line margin deficit is surfaced in the ledger, several more production runs have already repeated the error.
A factory can run at full capacity and still lose money—if no one can see the real cost of what's coming off the line.
Operations logs tell you what was produced and how long it took. They do not tell you if it was profitable. Innosolv unifies procurement rates, actual shopfloor material movements, and ledger sync into one system.
Financial control isn't a separate reporting function. It is the only way to know if production is actually working.
Innosolv links floor actions directly to your accounting chart accounts, offering continuous ledger synchronization.
BOM cost that reflects actual supplier rates.
Multi-level BOM support for complex sub-assemblies. Costing updates automatically as per the actual batch costs, flagging margin variances instantly.
Every work order tracked from start to finish.
Real-time batch status logs, capturing actual scrap rates, downtime, and rework inputs. Feeds directly into ledger costing without duplicate entry.
Know what's locked in WIP, and what it's worth.
Real-time WIP inventory valuation. Captures stage-wise material progression values so you see capital exposure at any point in the cycle.
Real-time costing, not standard assumptions.
Integrates material consumption, labor allocations, and overhead parameters. Standard cost vs. actual floor variance is flagged immediately.
The general ledger updates with production.
Bypasses manual month-end bookkeeping. Stock adjustments, production outputs, and scrap entries post straight to your ledger.
Different production models encounter unique costing complexity. Innosolv handles them natively:
Every batch behaves differently—raw material usage and output vary with each run. See batch-level margins and material deviation parameters rather than a blended average that hides losses.
Multi-level BOMs, complex sub-assemblies, and work orders create cost tracing challenges. Track actual costs down to components, tied to floor consumption.
Different facilities have different overhead structures and efficiencies. Compare plant-level profitability directly in the general ledger to optimize capacity.
Legacy setups introduce delay. Generic ERPs require heavy configuration. Innosolv offers turnkey SME costing control.
| Capabilities | other Accounting systems | Generic ERPs | Innosolv ERP |
|---|---|---|---|
| WIP Visibility | None (estimated at close) | Delayed batch runs | Real-time, stage-wise |
| Costing Basis | Static standard costs | Periodic adjustment updates | Actual cost calculated live |
| BOM Cost Accuracy | Stale, manual updates | Rarely maintained | Dynamic, linked to purchase rates |
| Ledger Sync | Manual daily summaries | Delayed batch posting | Automated real-time entries |
Every plant runs differently. We'll work with you to structure your shopfloor data, BOMs, and financials so you can see your true production margins. Schedule a consultation.
Trusted by discrete and batch manufacturers to reduce WIP valuation errors and standardize production costing.
Get a direct conversation about your shopfloor cost tracing—not a generic demo.
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