What’s slowing down your production line—people, machines, or processes? If you’re not sure, you’re not alone. Many manufacturers face hidden inefficiencies that quietly impact output and profitability. From frequent downtime to manual workflows and siloed data, these issues limit productivity across the shop floor—whether you're| Deskera Blog
It is a holistic approach that aligns strategic, operational, and financial plans across departments, ensuring all business units work toward shared goals.| Deskera Blog
Use the right manufacturing KPIs to improve the productivity and profitability of your manufacturing operations.| Deskera Blog
Some of the strategies that will help you reduce total manufacturing costs are: design products efficiently, standardize components and parts, and more.| Deskera Blog
Predictive modeling uses a combination of statistical analysis, machine learning, data mining, and AI to uncover patterns in historical data| Deskera Blog
The efficiency ratios are the financial ratios used to measure the efficiency of the operation of a business.| Deskera Blog
Cash flow forecasting is a means of predicting the movement of cash into and out of your company over a certain period and across all areas.| Deskera Blog
Predictive maintenance leverages data, IoT sensors, and AI-driven analytics to anticipate equipment failures before they occur.| Deskera Blog
Scenario planning is a forward-looking strategic tool that helps businesses prepare for multiple possible futures, enabling them to make informed decisions.| Deskera Blog
Salvage value is defined as the book value of the asset once the depreciation has been completely expensed.| Deskera Blog
A depreciation schedule is a table that represents how much an asset’s value has been used up over the years.| Deskera Blog
Liability is usually a sum of money that a person or a company owes. Liabilities can be credit from business events, which are viewed against a company’s assets.| Deskera Blog
ROA is a financial metric that measures how efficiently a company uses its assets to generate profits.| Deskera Blog
In finance, asset impairment is the term used for when there’s a permanent decrease in the value of a company’s asset- both tangible and intangible.| Deskera Blog
ERP security is critical for protecting sensitive business data and ensuring the integrity of operations.| Deskera Blog
Downtime refers to the period during which a system, equipment, or process is unavailable or non-operational. It disrupts normal business operations.| Deskera Blog
Current assets are resources that a company expects to convert into cash or use up within one year or within its operating cycle, whichever is longer.| Deskera Blog
Operating costs are expenses incurred by a business to carry out its operations. These are variable costs as they change with the production level.| Deskera Blog
A complete description of the physical assets that are responsible for your personal or business cash flow is now termed as tangible assets.| Deskera Blog
Depreciation is a term in accounting that refers to the process of allocating the cost of an asset your company bought (like machinery, heavy equipment, property, etc.) over the period of its lifecycle.| Deskera Blog
Assets are what a business owns, and liabilities are what it owes. The difference between the two equals equity, the net worth of the business.| Deskera Blog
An intangible asset is a non-physical asset with long-term financial worth for firms. It includes Copyrights, Trademarks, Patents, Licensing, and more.| Deskera Blog
A Financial KPI or metric is a measurable value that indicates a company's financial results & performance. Read on to learn about the most important ones| Deskera Blog
Qualified Business Income (QBI) refers to the net amount of income, gains, deductions, and losses from a qualified trade or business.| Deskera Blog
Financial reporting is an accounting practice that uses financial statements to disclose important information about the financial health of a business.| Deskera Blog
Cash flow refers to the money moving in and out of the business. Cash flows are found in operations, investing and financing functions of the business.| Deskera Blog
Expenses in accounting are the cost of doing business, including a sum of all the activities that will hopefully generate profit for you.| Deskera Blog
Manufacturing cost is the sum of the costs of all resources consumed in the process of making a product. It helps in making better decisions.| Deskera Blog
IoT describes physical objects with software, sensors, and processing ability that connect and exchange data with other devices and systems over the Internet.| Deskera Blog
Business Intelligence (BI) is a set of strategies and technologies that transform raw data into insights used to enable more effective decision-making.| Deskera Blog
Inventory is all the goods, items, and materials purchased or manufactured by a business for selling. In accounting, inventory is periodic or perpetual.| Deskera Blog
ERP implementation is the process of integrating ERP software into an organization's operations to streamline processes and improve decision-making.| Deskera Blog
Implement a manufacturing ERP to improve efficiency and productivity, enhance resource planning, cost reduction, and enhance operational visibility| Deskera Blog
The various factors to consider for choosing the right automotive ERP for your business are: integration capabilities, scalability, and, industry-specific features.| Deskera Blog
Implementing automotive ERP will help in mastering financial management through integrated financial modules, real-time financial data, and other such functionalities.| Deskera Blog
