Michael was raised in Western Kentucky and is a parent to two adult children. He came to us with 25 years experience in public, non-profit, and corporate accounting including 15 years as a corporate CFO. In his free time Michael enjoys running, biking, hiking, traveling and anything outdoors. He is also a foodie and enjoys finding fun, new venues. As you know, Plex Smart Manufacturing’s robust accounting functions are great for capturing your real-time costs on the production floor and producing real-time financial reports based upon these transactions. Plex also has several advanced accounting functions which you may not be utilizing and may want to consider. Three of those advanced accounting functions which can…
The internet has introduced new ways of doing business for many industries and manufacturing is no exception. Gone are the days of bulky servers and cumbersome ERP packages. It is now possible to manage your entire operation via a web browser, smart phone, or tablet. Cloud-based ERP solutions are one of the fastest growing segments…
What is Standard Cost? Is your manufacturing operation using Standard Cost or Actual Cost to value production costs? Are you wondering what the benefits would be if you switched to a Standard Cost valuation of the production of your products? In this blog post, I’ve listed the advantages and disadvantages of using Standard Cost to…