Cetec ERP Release 4.11

We are very excited to announce that Cetec ERP 4.11 has been released to BETA!

Cetec ERP 4.11 will be rolled out to LIVE cloud environments mid September 2023. We are looking forward to seeing our customers take advantage of the number of new features in Cetec ERP 4.11, all geared to make daily tasks simpler and teams more efficient!

Major new features:

Progress Billing structure has been enhanced to allow for greater flexibility of invoicing and fulfilling/shipping product.

• In release 4.09, we announced “if you are using the progress billing feature on any order, this will lock you in to using Progress Invoices to invoice the entirety of the order, such that you may only ship up to what has been progress invoiced for.”
• Now, as of release 4.11, shipping/invoicing on order line items will net/reduce against progress invoices, and only generate additional revenue and A/R owed by the customer insofar as the amount being shipped/invoiced exceeds the total amount already invoiced via Progress Billings (the same dynamic applies if “deferred revenue” was assigned to the progress invoice).

New capabilities for building in buffer and staging times before/after work locations on a labor plan!

• Previously, in order to model a “buffer” period of time before or after a work location (traveler/router) schedule, you had to create and utilize a separate “staging” work location and place that staging work location in the labor plan (traveler/router) itself, and set the time estimate on that staging location to be a static setup or outsource based time entry in order for the scheduling system to register the buffer.
• As of release 4.11, Cetec ERP has introduced a new field you can set on a single work location to estimate static buffer time before or after the estimate of direct labor on the work location.
• This new field (called “Buffer”) may be defaulted in the Data Maintenance >> OrdlineStatus table, or set manually/overridden in a part’s labor plan or order specific labor plan. To learn more about this feature click here.

Other enhancements:

• User Maintenance enhancement. Now, when you create a new user, you can specify a setting to copy over all user roles and restrictions from an existing user onto the new user you are creating.
• BOM import enhancement. You may now import BOM Component bonus columns (user defined fields).
• New PO approval restrictions allow you to prevent updates on PO if cost or qty increases.
• Lotcode and Serial Format enhancements allow bonus columns to be used as variables within Lotcode and Serial Format schemes.
• New Lead Movement Report in Cetec ERP’s CRM module tracks the number of leads which have reached a certain stage in your sales funnel within a certain date range.

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