Mar-Kov ties your financials and cost data directly to real-time production activity. From actuals usage and yield per batch to landed cost and margin analysis, you get immediate, accurate insights without spreadsheets, manual reconciliation, or disconnected systems. Whether you’re using QuickBooks or a full ERP, Mar-Kov’s purpose-built financial tools help batch manufacturers scale profitably with confidence.
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Connect Financial Insights to Every Batch
Loss and Waste Tracking
- Track yield loss, ingredient waste, and overuse down to the individual batch.
- Capture waste categories: spillage, expiration, off-spec product, or packaging damage.
- Identify recurring inefficiencies by equipment, shift, or operator.
- Quantify and report on scrap, rework, and unplanned consumption automatically.
- Feed loss data directly into costing and margin reports, no need for manual entry.
- Drive continuous improvement with visibility into true process losses.
Batch-Level Cost Accuracy
- Track actual cost per batch—including materials, labor, yield loss, overhead, and packaging.
- Automatically track allocate indirect costs like utilities, equipment depreciation, and supervisory labor.
- Track and allocate landed costs, like freight and tariffs, on a lot by lot basis.
- Adjust for yield variances in real time to maintain consistent cost accuracy.
- Compare estimated vs. actual batch costs to highlight inefficiencies.
- Identify high-cost batches early and implement process improvements to protect margins.
- Support accurate, audit-ready financial records with traceable cost attribution.
Real-Time Cost Visibility
- Monitor raw material price fluctuations and their real-time impact on margins.
- Flag cost overruns or variances immediately—no need to wait for monthly close.
- Drill down into cost by product, formula, order, or work center.
- Detect trends in operational cost changes over time to inform purchasing and scheduling.
- Empower production, QA, and finance teams with shared access to current costing data.
Inventory Valuation That Reflects Reality
- Support multiple costing methods: FIFO, LIFO, standard, and actual, choose what fits your operations.
- Maintain live inventory values that reflect real-time usage and purchase costs.
- Tie lot-level tracking and expiry to your costing data for greater precision.
- Eliminate valuation gaps caused by manual adjustments or outdated spreadsheets.
- Support accurate financial reporting and seamless integration with your accounting system.
- Confidently reconcile inventory with general ledger values during audits or period close.
Seamless Integration with Your Financial Software
- Sync costing, inventory, and production data directly with accounting platforms like QuickBooks, Sage, and major ERPs.
- Eliminate manual data entry between departments with real-time, bi-directional data flow.
- Ensure that your general ledger reflects true production costs and inventory values.
- Automatically generate journal entries, invoices, and purchase data from actual shop floor activity.
- Maintain audit-ready financial records with full traceability from batch to balance sheet.
- Simplify month-end close and financial reporting with clean, accurate, and reconciled data.
99.9%
Inventory accuracy year over year
2X
Production without hiring additional staff
30%
Improvements in margins
60
Seconds to run a mock recall
12
Months ROI
