Plank Enterprises connects financial, manufacturing and supply chain data

Michael Ottum, President of Plank Enterprises, explains that the company has used the Infor VISUAL Manufacturing ERP system since 2004 and added the Phocas BI and FP&A platform about a year ago. He now relies on Phocas daily in multiple ways, particularly for executive-level financial analysis such as budgeting, forecasting and dashboards. One of the biggest advantages of using Phocas is bringing together financial, manufacturing and supply chain data in a single platform, allowing leadership to access critical information quickly.

Before Phocas, Plank relied on a 75-page financial package, but the Phocas platform has transformed this process by making consolidated financials available digitally and instantly. Phocas has also helped address industry challenges such as inventory levels and supply chain shortages. Michael describes the overall benefits of adding Phocas to its ERP to be significant time savings, sales history in one place and faster decision-making.