Metalogic and Phocas partnership brings iMetal customers fast ERP reporting
A new partnership between Metalogic (part of the Jonas Metals Group) and Phocas business intelligence launches. The software pairing helps metal manufacturers, processors and distributors get fast ERP reporting and extend the data analytics functionality of the iMetal solution.
Metalogic is the major supplier of specialist software to the metals market in the UK and Europe and Phocas is a data and financial analytics software provider, servicing the specific needs of manufacturing and distribution businesses globally. The two companies are a great match as the software integrates seamlessly together, and both have industry-specific expertise.
Decision-makers need to be able to access consolidated data sources quickly so they can determine the effect of operational decisions on financial performance and address the needs of customers.
iMetal customers expect the best selection of tried and tested software to extend the functionality of their ERP system. Phocas is a good fit for iMetal customers with more than 20 years’ experience solving the data problems of manufacturers and distributors.
Phocas business intelligence software has dashboards, databases and metrics ready to populate for new users. The intuitive user interface of Phocas makes understanding data simpler; from identifying cost savings and growing margins, to optimizing processes and reporting.
How to harness data in ERP System
BI and analytics strategies are more important to businesses’ daily operations today than ever before. Why? Decision-makers need access to accurate information to maintain business continuity as well as understand the implication of operational decisions on financial performance in real-time. That’s before people can start improving efficiencies, finding new revenue streams, optimizing supply chains and reducing expenses
The new partnership will help iMetal ERP customers to gain maximum value from their data. Using iMetal plus Phocas business intelligence, metal manufacturers and distributors can develop new strategies to stay competitive, support healthy decision-making and be on top of business performance.
John Padbury, the General Manager of Metalogic UK who helped establish the partnership between the two software companies said Phocas is a good fit for our customers and software.
“Phocas is an established global business intelligence solution that is simple to use, allowing users to report on iMetal data and create their own dashboards without the need for assistance,” said Padbury.
“We wanted an out-of-the-box solution for customers. Phocas can deliver this as well bringing valuable industry knowledge. Phocas has a strong track record servicing industry-specific ERPs.”
In a recent study of BI users, Phocas business intelligence had the highest adoption rate across a business, which means many people within a company use the software. Phocas works through the creation of specific databases from the ERP data such as sales, purchasing or finance, which continue to refresh whenever the ERP data changes. People can choose to analyze specific parts of the business or the entire operations. Many companies also add external data sources into Phocas such as call centre information or Google analytics, so Phocas acts as the single source of truth of all company-wide information.
Jason Bradshaw from Phocas Business Intelligence is the data analytics expert assigned to iMetal customers and will be working alongside Metalogic UK to help educate customers about the new analytics and reporting tool.
Bradshaw said “Phocas builds software with a strong commitment in mind — to ensure the software is easy to use —and to make people feel good about their data. Phocas appreciates the opportunity to partner with a trusted ERP supplier like Metalogic and help its customers get the most from their technology investments.”
A recent webinar gives Metalogic iMetal customers an opportunity to learn more about Phocas sales analytics. In this webinar, learn about several sales KPIs that are useful to keep a team on track, including:
- Trend analysis: more insight into overall business performance over time.
- Sales performance by person: determine the average deal size and revenue per sales rep
- Sales performance by location: track performance to determine what branch, region, or territory is receiving the biggest demand
- Product-level profitability: identity what products are contributing the most to your bottom line
- Customer-level profitability: critical KPI to improve customer engagement
Phocas’ core Analytics offering which typically feeds off ERP systems, combined with new offerings including Financial Statements, Budgeting & Forecasting and Rebates is included in the partnership.
Top 7 KPIs and metrics for mid-market executives
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