LAMAR Software announces the release of Actual Cost Tracking and Reporting within the Info.Net ERP s

By: Xpert Vue Sdn Bhd  28-08-2007
Keywords: Web Application, Erp, Systems Integrator

Pismo Beach, CA -- April 3, 2007 -- LAMAR Software has developed and delivered Actual Cost Tracking and Reporting functionality to our customers. The Actual cost functionality is in addition to the Standard Cost, Planned Costs, Last Actual Cost and Average Costs that Info.Net currently made available to the users. Most traditional MRPor ERP systems work with what is called Standard Costs. These are frozen costs that are typically updated once or twice a year. Because of the work to update thousands of part costs, this update process was not done regularly. This meant that building cost estimates, based on Standard Cost, might be way off depending on the actual material and labor costs. These cost issues are more often exposed in non-standard work such as Warranty repair and charged repair work. About LAMAR Software Based in Pismo Beach, California, LAMAR Software has been a pioneer in the design and development of enterprise resource planning (ERP) software for repetitive, process and discrete manufacturing industries since 1994. Its Info.Net software provides leading real-time manufacturing, accounting, production monitoring, quality control, supply chain, and customer resource management (CRM) to the automotive, medical, airborne electronics and other manufacturing markets. The only complete, single-source enterprise software solution has business intelligence built in, not added on. Info.Net offers real-time front office, accounting, manufacturing and supply chain management in a single database. Visit LAMAR Software at

Keywords: Erp, Financial Management Systems, Systems Integrator, Web Application