Name: MONITOR ERP SYSTEM
Author: Monitor ERP System

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Development

Business Intelligence (BI)

Collaboration

Contract Analysis

Enterprise Content Management

Payment Facilitation

Visitor Management

Enterprise

Accounting

CTRM

Travel Management

Finance and Accounting

Applicant Tracking

Compensation Management

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Access Gateways

Application Server

Cloud Storage

Container Security

Data Center Backup

Data Preparation

Embedded Database

Enterprise Service Bus

Fraud Detection

Infrastructure-as-a-Service

Integration Platform as a Service (iPaaS)

LAN Switches

Message Oriented Middleware

Mobile Data Security

Mobile Identity

Monolithic Frame-based Disk Arrays

Network Performance Monitoring

Storage as a Service (STaaS)

Value-Added Resellers (VARs)

Virtualization Management

Website Hosting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Customer Advocacy

Ecommerce Personalization

Email Marketing

Marketing Attribution

Marketing Automation

Mobile Advertising

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Task Management

Professional Services

Customer Onboarding

Customer Relationship Management (CRM)

Sales Content Management

Sales Performance Management

Sales Training

Sales

Cloud Infrastructure Entitlement Management

Intrusion Detection

Virtualization Security

Security

Aviation

Fleet Management

Hospital Management

Intelligent Document Processing

Online Ordering

Online Voting

Practice Management

Veterinary

eDiscovery

Vertical-Specific

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Microsoft Dynamics 365 Business Central

Microsoft

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Infor

Infor ERP

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NetSuite

Acumatica

Oracle Fusion Cloud ERP

Oracle

Oracle E-Business Suite

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SAP Business One

Microsoft Dynamics AX, discontinued

MONITOR ERP SYSTEM is an enterprise resource planning (ERP) system specifically designed for manufacturing companies. According to the vendor, it offers comprehensive support for every process within a manufacturing organization, aiming to provide control and visibility across the entire production chain. MONITOR ERP SYSTEM is said to be suitable for businesses of all sizes, from small to large manufacturing organizations. The software is targeted towards professionals involved in manufacturing processes, such as production managers, operations managers, quality managers, procurement managers, inventory managers, and finance managers. It is intended to cater to various industries, including metal manufacturing, electronics manufacturing, machine manufacturing, plastics manufacturing, automotive manufacturing, furniture and interiors manufacturing, textiles manufacturing, food manufacturing, and surface treatment manufacturing.

**Key Features**

**Machine integration (MI)**: According to the vendor, this feature offers a clear visual overview of machines involved in the manufacturing process. It enables seamless integration with Monitor ERP for automatic reporting of manufacturing orders, stop times, and machine utilization. The goal is to ensure maximum control over production and enable complete monitoring and follow-up of work in automated processes.

**Electronic Invoice Management (EIM)**: The vendor claims that this feature automates and streamlines invoice management processes, aiming to save time and money. It is said to ensure quality assurance through automated interpretation and validation of invoices. The feature also offers seamless integration with the ERP system for efficient handling of invoices, enhancing overall invoicing efficiency.

**Product configurator**: According to the vendor, this feature allows users to create advanced composite products quickly and easily. It aims to provide flexibility in configuring and customizing products to meet specific customer requirements. The feature also streamlines the quotation and order process by generating quotes and orders in record time.

**TimeCard**: The vendor states that this feature enables users to record time and work after the event. It aims to accurately track labor hours and work performed for precise project costing. The feature is said to streamline the time reporting process and ensure accurate and timely payroll calculations.

**The Agent**: According to the vendor, this feature is an automation robot that performs repetitive and time-consuming tasks. It aims to automate processes such as data entry, report generation, and data analysis. The goal is to increase efficiency and productivity by reducing manual work and freeing up resources for more valuable tasks.

**Fixed assets register**: The vendor claims that this feature helps keep track of fixed assets within the organization. It provides a centralized database for managing and tracking asset information, including acquisition, depreciation, and disposal. The feature aims to enable accurate financial reporting and compliance with accounting standards.

**Warehouse**: According to the vendor, this feature enables efficient management of stock and inventory. It provides real-time visibility of stock levels, locations, and movements. The feature aims to streamline stock management processes, including stock counting, replenishment, and order fulfillment.

**Webshop**: The vendor states that this feature provides a quick and easy solution with a direct link to Monitor ERP. It allows customers to place orders online and access real-time stock information. The feature aims to streamline order processing and improve customer satisfaction.

**Customer order transfer**: According to the vendor, this feature simplifies cooperation and communication between companies. It enables seamless transfer of customer orders between different companies using Monitor ERP. The goal is to enhance collaboration and improve order processing efficiency.

**Customized reports**: The vendor claims that this feature allows users to create customized reports tailored to their specific needs. It provides advanced reporting capabilities, including data visualization and drill-down functionality. The feature aims to enhance decision-making by providing accurate and timely insights into key business metrics.

Microsoft Dynamics 365 Business Central (formerly Dynamics NAV) is one of the ERP products in the Dynamics family. 

The technology is based on the Navision product acquired by Microsoft in 2002. This product is the best-selling Microsoft ERP platform, and is often used by companies in the manufacturing and distribution verticals.

Dynamics 365 Business Central Essentials

Dynamics 365 Business Central Premium

Dynamics 365 Business Central Team Members

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

MONITOR ERP SYSTEM

Enterprise Resource Planning (ERP) Systems are business management software that allows an organization to use a system of integrated applications to manage the business. ERP systems integrate development, manufacturing, sales and marketing.

Enterprise Resource Planning (ERP)

Monitor ERP System

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Journals and Reconciliations

Automate and synchronize ledgers and processes

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Subledger and Financial Process

Revenue management solution including capabilities for subledgers and financial processes

Billing Management

Access role-based billing work area, perform discrete and recurring billing

Cash and Asset Management

Manage liquidity and cash requirements, asset transfers, disposals, reclassifications, and financial adjustments

Travel & Expense Management

Enter expenses from mobile devices, integrate credit card and travel booking, configure policy enforcement

Budgetary Control & Encumbrance Accounting

Control spending at any budget level or time interval

Period Close

Sustain fast close with integrated subledgers, intuitive dashboards, embedded collaboration

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.

Standard reports

The software offers pre-built reports with metrics standard to the category.

Custom reports

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

API for custom integration

An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

Plug-ins

A number of third-party plug-ins are available to expand the core functionality of the software.

This component helps a company minimize the security risks by controlling access to the software and its data, and encouraging best practices among users.

Role-based user permissions

Permissions to perform actions or access or modify data are assigned to roles, which are then assigned to users, reducing complexity of administration.

Single sign-on capability

The software system supports a centralized authentication mechanism allowing the user to access multiple systems with a single, centrally managed password.

Multi-factor authentication

User-level audit trail

Grants Management

Grants management solution for higher education, public sector, or non-profits with capabilities for managing financial awards for program and project funding

Award Lifecycle Management

Manage the life of program funding awards from initial funding to close-out

Project Financial Management

Project financial management solution including capabilities for project budgeting, cost control, billing and contract management.

Budgeting and Forecasting

Establish project budgets and forecast future project financials

Project Costing

Standardize, track, and control costs at all project phases

Cost Capture

Capture costs including those for procurement, financials or time and labor, including from external systems

Capital Project Management

Customer Contract Compliance

Associate projects or tasks with customer contracts, and lines within contracts, to meet billing terms

MONITOR ERP SYSTEM

Overview

What is MONITOR ERP SYSTEM?