Every manufacturing order tells a story — one that starts on the factory floor and ends on the balance sheet. But for many manufacturing SMEs, that story is often incomplete. Costs from materials, labour, subcontracting, and logistics live in separate spreadsheets or invoices, making it difficult to see the true cost behind each order until long after it’s shipped.
Here’s how forward-looking manufacturers are keeping their cost story clean, transparent, and traceable from day one — with help from ccMonet.
The first step in any order’s cost journey begins with raw materials and components. In fast-moving operations, supplier invoices often arrive in bulk or through multiple channels — email, WhatsApp, or paper copies — which leads to delays and gaps in recording.
With ccMonet, production teams can simply upload or forward every supplier invoice as it comes in. The AI automatically extracts details like supplier name, material type, quantity, cost per unit, and GST — tagging them directly to the correct order or project.
No data entry, no missing costs — every input is captured in real time.
Material cost is just part of the picture. True order-level visibility requires accounting for labour, machine time, utilities, and handling fees. Traditionally, these are logged manually at month-end, disconnecting them from the jobs they relate to.
ccMonet’s AI Bookkeeping allows SMEs to define recurring cost rules — for example, allocating a fixed percentage of monthly overhead or staff cost to each production batch.
This keeps cost allocation consistent and automated, giving owners a live view of each order’s total cost without manual calculation.
Manufacturing businesses often struggle to reconcile purchase orders and finished goods with invoices and payments. Discrepancies creep in when data is handled by separate systems — operations track POs, finance tracks invoices, and accounting tracks payments.
ccMonet bridges these workflows. Its AI automatically links supplier bills, job orders, and customer invoices, ensuring that every material purchase or subcontracting cost is tied directly to a finished order.
This builds a clean, traceable cost trail that auditors — and managers — can follow effortlessly.
When data flows cleanly, insight follows naturally.
ccMonet’s AI Insights Dashboard lets manufacturers view:
Instead of waiting for end-of-month reports, decision-makers can act on live data — identifying unprofitable jobs, optimising supplier contracts, or adjusting pricing in real time.
The best part? None of this requires extra headcount or system changes.
Teams simply upload bills or receipts the way they already do — ccMonet handles the sorting, posting, and verification automatically. The expert team behind ccMonet then reviews for accuracy and compliance, ensuring every cost entry remains audit-ready.
When every order’s cost trail is visible and accurate, manufacturers gain more than numbers — they gain control. From raw materials to delivery, every expense becomes part of a transparent, reliable story that fuels smarter pricing, better forecasting, and stronger profitability.
With ccMonet, Singapore’s manufacturing SMEs can finally manage their finances with the same precision they bring to production.
Track every cost. See every margin. Grow with clarity.
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