Knowing your true cost of goods sold depends on the accuracy of inventory valuations. Fulcrum’s smooth connection between purchase orders and sales orders tracks upcoming jobs, WIP, shipping and receiving, and customer-supplied materials for one source of truth.
With all of the components involved in every job, it can be tricky to know if what's on the floor will be profitable. Fulcrum’s seamless quoting and job costing ensures visibility to margins at every step of production.
Juggling invoices from all your customers and jobs creates a cash flow picture that is hard to be certain of. Fulcrum creates and issues accurate invoices, change statuses, and syncs to your accounting platform to make your inbound cash picture clear in a moment.
Fluctuating costs can mean the difference between profits and losses, so Fulcrum’s clear view of profitability at every stage of production puts you at ease, knowing what’s working and what needs to change.
Sales data starts at the quote with margin and cost details that flow to the sales order. Expected costs and margins update live; sales order shows you values at a glance, providing an idea of expected costs and margins at the time of sale. Once jobs are released to the floor you can begin to see how actual costs are tracking compared to what was expected. At the end of a job you'll know exactly where you came in relative to what was expected at the time of sale and you can make adjustments as needed going forward to be sure you're always on top of your margins.
The sales data also flows through the system to invoicing, where you are automatically prompted to invoice based on the data entered on the order.
Summaries are available in month-end accounting reports, where you can download accounting documents like Cost of Goods Sold and Year to Date Invoice Data. In addition to the filterable KPIs at the top of grids that show you the most important high level data, you can download grids to get an in-the-moment summary of any sales or financial data that you need.
Your customers' trust is important. Live data means you can trust your numbers, making it even easier for your customers to trust you.