Software > IT projects > Production and trading company (energy technology) seeks financial planning tool

Production and trading company (energy technology) seeks financial planning tool

IT project from: production and trading company (Germany)Project no. 20/2076: finished
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Mr. Dipl.-Ing. Olaf Kram
olaf.kram@softguide.de

We are a North German manufacturing and trading company in the field of energy technology and are looking for a financial planning tool. We develop, manufacture (final assembly), and distribute energy technology (hardware components and associated software).

The solution should meet the following requirements:

  • Financial planning including individual modeling, e.g., for production, etc.
  • Scenario calculation at the touch of a button
  • Budget planning (model cases without financing, with financing of various types; P&L)
  • Complete debt capital module (various interest, repayment, and loan options)
  • Controlling
  • Reporting with clear monthly and quarterly reports
  • Simple input (various options, individual, e.g., development, various costs)
  • Start of planning period freely selectable (old PLAN values then become ACTUAL values)
  • Personnel planning (various departments, new hires and requirements, personnel cost calculation (salaries, FTE calculation)
  • In general, everything is possible in a TARGET-ACTUAL comparison and there are always plausibility checks via, for example, a KPI system
  • Depreciation module (annual, monthly, also during the year)
  • Graphical evaluations of target/actual or P&L
  • Production modeling, interface to supply chain (warehouse planning, production, inventory, material costs, and transfer to working capital)
  • Production cost controlling (costs per thermostat, cost reduction through research and development, price changes, gross margins)
  • Connection to current accounting system (possibly something else in the future)
  • Option to bring accounting in-house at a later date, including complete digital document capture
  • Ideally, connection to CRM and invoicing from CRM and definition of different customer types depending on size, region, etc.
  • Connection to the account for live cash flow planning
  • Possibly even payment connection to the account (i.e., digital document capture, automated reading of invoice data, and creation of transfer templates)
  • Possibly integrated error check (for conflicting data entries)

One to five software workstations are planned. MS Windows systems will be used.

Based on the specific requirements, the following solutions can be considered:

elKomPLAN
Corporate Planner
OCT planning

Project statistics

Quantity
Researched solutions 22
Selected potentially relevant solutions (of which published) 11 (3)
Sent e-mails (questions, queries) and telephone calls 48
E-mails received from vendors 11
Direct responses to the IT project 2
Responses classified as relevant 6