Press Release Summary: Trakware ETO MES New Version Impacts Accounting
Press Release Body: Trakware Systems (www.trakware.com) announced the business availability of TRAKware v6, the leading software solution for To-Order enterprises which have deep interdependencies between engineering and manufacturing processes. From the initial customer order to final installation, TRAKware is poised to deliver an experience unmatched in the industry, including significant enhancements over earlier version 5.
According to Randy Richel, P.Eng., CEO and General Manager of Canadian-based Trakware, "Enterprise software built for repetitive manufacturing needs massive amounts of customization to even begin to adequately handle the complex, unique, one-time requirements of custom-engineered products. The newest TRAKware Solution is ready to meet these challenges by bringing an "on the manufacturing floor" innovated application to allow To-Order (engineer to order, make to order) environments a competitive edge to manufacture today's complex products."
TRAKware v6 focuses on many critical areas including accounting. Some of the new accounting features which impact ETO or project-based organizations include: o Generic Accounting Link o Enhanced Ability to Set Taxation Rules for Retainage o Ability to handle Banker's Rounding for Financial Transactions o Enhanced WIP Reporting o Ability to handle Standard Costing Variations
Richel also noted, "Early adopters of TRAKware v6 expect dramatic gains in profitability and productivity through capabilities that address core business issues in new ways. Over 40% of our customers have already upgraded to v6."
Trakware Systems is the worldwide leader in manufacturing execution system (MES) solutions for engineer-to-order (ETO) and project-based manufacturers maximizing both profitability and productivity. Trakware specializes in lean business-critical functions such as estimating, advanced scheduling, job costing, production management and labor as well as material shop floor data collection. TRAKware software fully integrates with existing ERP systems, as well as major software providers for financials, engineering design, optimization, payroll and wireless interaction for mobile workers. Trakware recognizes ETO manufacturing as a process and includes a wide range of industry sectors including Architectural Woodworking, Cabinets, Store Fixtures, Doors and Windows, Furniture, Oil and Gas Fabrication, Solid Surface, Metal Fabrication, Yacht-building, and Custom Electronics.
TRAKware Systems Inc. www.trakware.com Randy Richel, CEO info@trakware.com 800-370-1849
2022
