One record from material to margin
A manufacturer’s cost is built from many small movements: materials issued, labour booked, machines serviced, finished goods received. When those movements are recorded in separate systems, the true cost of a product is known late and argued over. Predictiv records them on one record, so production, stock, maintenance and the ledger show the same figures.
Production
In manufacturing you hold bills of materials and production plans, and record production runs as they happen. For each run Predictiv issues raw materials and packaging from stock and receives finished goods and any by-products into stock. Predictiv costs the movements as it posts them, so work-in-progress and finished goods are valued at the same figure as in the ledger.
Materials and purchasing
In procurement buyers raise requisitions and purchase orders under approval thresholds, receive goods against the order and match the supplier’s invoice to the order and the receipt. Suppliers can see their own purchase orders, receipts and payments on the partner portal, and upload compliance documents, from which AI extracts the details for a person to review.
In inventory you hold raw materials, packaging, spares and finished goods by warehouse and bin. Staff count stock while the plant keeps working, with blind counts and a reason on every variance.
Keeping the plant running
You run maintenance inside the ERP, on the same asset register, stores and ledger. You keep an asset register with meters and readings, write job plans with checklists and safety steps, and schedule work by calendar, by meter reading or both. Work orders are completed on a phone or at a desk. Spare parts are drawn from the same stock as everything else, and Predictiv posts parts, labour and contractor cost to the asset and the ledger as the work is done.
Knowing what it cost
In finance, Predictiv posts every movement from production, purchasing and maintenance to the ledger as it happens. Predictiv calculates average cost in the order goods actually moved. After a costing error, cost can be rebuilt forward from a date finance signed off. The rebuild is posted, recorded row by row, and can be reversed from its own record. Predictiv runs continuous control checks on a schedule across the ledger, purchasing, inventory and tax.
Why manufacturers choose Predictiv
Many manufacturers run production in one system, maintenance in another and costing in a spreadsheet. Predictiv puts them on one platform. Predictiv posts maintenance cost to the asset and the ledger with no interface and costs production as it posts it, and the finance team can correct a costing error from a signed-off starting point without unpicking the year by hand.