Manufacturing & Production
When Craftwell Industries came to us in early 2024, they were drowning in equipment depreciation calculations across three facilities. Their monthly close took twelve days – mostly because someone had to manually sort equipment purchases from maintenance expenses.
After working with manufacturers for eight years, we know that production equipment tracking isn't just about recording purchases. It's about understanding asset lifecycles, maintenance schedules, and how unexpected repairs impact your quarterly forecasts. The textile manufacturer we worked with last year had been categorizing loom repairs as capital expenses for two years. That kind of mistake compounds quickly.
Our system recognizes manufacturing patterns – seasonal inventory builds, equipment maintenance cycles, and the difference between tooling costs and production supplies. Because when you're managing cash flow around production schedules, generic expense categories don't cut it.