Through the implementation of a large number of information systems such as ERP, MES, and SCM, the manufacturing industry is one of the industries with the highest degree of informatization. However, finance and sales often rely on Excel to make plans and draw up budgets. A large amount of time is spent on coordination between departments. By the time the budget is completed, it is already outdated.
This also leads to the manufacturing industry being restricted when facing market changes. For example, in the face of rapid changes in product sales and drastic fluctuations in raw material prices, it is difficult to quickly adjust enterprise budgets and business plans and respond to market changes through scenario analysis models and simulation analysis relying on Excel.
Enterprises need to efficiently coordinate all departments. Under a unified set of data and calculation standards, they can simulate and respond to market changes in real time, adjust business plans in a timely manner, and seize market opportunities.
Keyfunc can be seamlessly integrated into the enterprise IT environment and integrated with data from ERP and other various business systems. It can synchronize various business and financial data in real time and automatically, and can automatically complete calculations such as exchange rate conversion and consolidation offset according to preset logic.
It forms the enterprise's single version of the truth and realizes data linkage among various business lines such as sales, production, procurement, and finance, creating an integrated digital platform for business and finance.
With Excel-like operations, business departments can independently complete tasks such as simulation analysis after simple training, enabling business experts who best understand the commercial value of data to achieve "data freedom", realizing that data comes from business and goes back to business to guide business and make scientific decisions.
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