Media

A new Dimension in "Open Book Accounting"

FACTON presents the latest version of its software at the IAA 2009 / Support for “Open Book Accounting” / Standardized company-wide costing read more»

Press Releases

• All-new FACTON Software Module Tracks Vendor Tooling Costs
  15.04.2009,
  -- Latest feature for comprehensive cost-solutions system -- Greater cost-reduction opportunities -- No reduction in product quality or content AUBURN HILLS, Mich., April 15 -- The Tooling Module is the latest upgrade for FACTON total-cost management systems, providing real-time cost transparency to help companies track and lower their costs over...  more »
  » download file
• Archiving of calculation data
  10.12.2008, compliance magazine
  An important planning instrument for controllers: revision-proof archiving of calculation data. Compliance with legal requirements: archiving of non-revisable, permanent data not possible with calculation programs such as MS Excel. The new "Freeze" mode of "Facton" software available from the company of the same name now makes...  more »
  » download file
• Setting limits instead of doing everything
  08.12.2008, Technica
  For enterprises, it is essential to check every new development long before production start-up to ensure that a viable market price can be achieved. The calculated product costs must then be controlled during the entire production process. Companies, however, also need to minimize the time between development and serial production. But both these...  more »
  » download file
• Product cost management ensures profitability, even in a crisis
  06.12.2008, Machine market
  The consequences of the financial crisis have had a huge impact on many medium-sized industrial companies. The number of orders received has dropped and profitability is under pressure. Those who wish to avert a corporate crisis with all its consequences must now keep a close watch on the costs of their products. When a company receives fewer...  more »
  » download file
• "Freezing" calculations
  03.12.2008, All about security
  For the first time, FACTON has made tamper-proof archiving of calculation data possible; Adherence to legal requirements; An important planning instrument for controllers The new "Freeze" mode of FACTON software now allows calculation data to be archived for long periods and in ineditable form. The specified version of the calculations...  more »
  » download file
• Speeding up innovation
  01.12.2008, Manage it
  A specialist in modern drive systems uses an equally modern product lifecycle costing solution to prepare his innovative products for marketing more rapidly and cost-effectively. This allows the company to extend its leading position in the competitive global market. In mechanical engineering, just having a good idea is no longer a guarantee of...  more »
  » download file
• FACTON to present at Automation Alley's Emerging Technology Breakfast on November 5
  29.10.2008,
  » download file
• Accurately calculating production costs
  27.10.2008, ZWF
  At the IAA Utility Vehicle Fair in 2008, FACTON GmbH presented the latest version of its calculation software of the same name. FACTON 5.4 can be used by companies in the automotive industry to calculate their product costs more accurately, rapidly and reliably. The most important innovation is that machine costs can also be calculated as a...  more »
  » download file
• Outsourcing or cost management?
  20.10.2008, Economic Engeneering
  Stuttgart, mid-June (bv.) For the first time, a specialized congress has been held devoted entirely to the subject of "Cost management in the automobile industry". Facton GmbH, which is based in Potsdam, invited delegates to attend its "Turning costs into opportunities" congress, which was held at Hohenheim Castle on the...  more »
  » download file
• Collaboration tools spread a wide net
  08.10.2008, SAE Off Highway Engineering
  » download file
• PRODUCT NEWS: Accurately calculated
  29.09.2008, FACTORY
  Project-based calculation of machine costs is now possible using FACTON 5.4 software. The German software provider FACTON is to unveil its new FACTON 5.4 calculation software at the IAA in Frankfurt. The tool is especially aimed at enabling companies in the automotive industry to calculate their production costs more accurately, rapidly and...  more »
  » download file
• Company lacks IT for professional cost management
  22.09.2008, IT production
  Unexploited savings potential in development Cost management in the lifecycle of products is becoming increasingly important for companies. The currently used IT tools are, however, unsuitable for this type of product lifecycle cost management (PLCM). This was the conclusion drawn by researchers from the Department of Business Informatics at the...  more »
  » download file
• Accurately calculating production costs
  17.09.2008, Markt- und Mittelstand
  The software provider FACTON unveiled its new calculation software for the project-related calculation of machine costs at the 2008 IAA Utility Vehicle Fair. The major innovation of the latest software version is that machine costs can also be calculated as a function of machine capacity utilization. This function was developed in co-operation...  more »
  » download file
• Transparent costs
  16.09.2008, Industrieanzeiger
  Mann+Hummel uses software support which determines hourly machine rates as a function of unit numbers and production times accurately for each year. The automotive supplier is one of the first to enjoy the benefits of the new features offered by FACTON software. An increasing number of suppliers must calculate their product costs more accurately,...  more »
  » download file
• FACTON to present at PLM Road Map 2008 Conference
  09.09.2008,
  » download file
• Disclosing the figures
  03.09.2008, CADCAM
  Calculation software makes it possible to carry out calculations using a single tool Until recently, compiling proposals was a complex undertaking for Humbel, a manufacturer of pinions, gears and gear components. The Sales Division had to take data about machines, employees and technologies from a variety of tables and insert them into an Excel...  more »
  » download file
• Accurately calculating production costs
  25.08.2008, Digital Engeneering
  At the IAA Utility Vehicle Fair, which is to be held from 25 September to 2 October 2008 (Hall 23 - A20), FACTON is presenting the latest version of its calculation software. This makes a project-related calculation of the machine costs possible. The first user is MANN+HUMMEL. At the IAA Utility Vehicle Fair in 2008, FACTON GmbH presented the...  more »
  » download file
• Cost management in the product lifecycle
  31.07.2008, CADCAM
  Cost management in the lifecycle of products is becoming increasingly important for companies. The currently used IT tools are, however, unsuitable for this type of product lifecycle cost management (PLCM). This was the conclusion drawn by researchers from the Department of Business Informatics at the University of Erlangen-Nuremberg after a...  more »
  » download file
• The increasing importance of product management in the product lifecycle
  21.07.2008, Controlling Portal
  Cost management in the lifecycle of products is becoming increasingly important for companies. The currently used IT tools are, however, unsuitable for this type of product lifecycle cost management (PLCM). This was the conclusion drawn by researchers from the Department of Business Informatics at the University of Erlangen-Nuremberg after a...  more »
  » download file
• From Excel spreadsheets to cost management
  19.05.2008, Economic Engeneering
  In the production industry, a good product idea on its own is no longer a guarantee for success today. Competitive and cost pressure have drastically increased in the global market. Each new development must be carefully checked long before production start-up, to determine whether it can be used to achieve a competitive market price and viable...  more »
  » download file
• Making American Manufacturing Competitive again!
  13.05.2008,
  » download file
• Cost savings on car parts
  06.05.2008, SHEET Metalworking
  » download file
• Software speeds up Wittenstein's innovations
  05.05.2008, Produktion
  POTSDAM. Wittenstein AG has long relied on the tabular system MS Excel to calculate and control its product costs, but this program had one significant problem: it could not import the comprehensive data stored in the internal Baan ERP system. This system stored the data of thousand of components, which data was constantly required by Wittenstein...  more »
  » download file
• Facton announces VP of Sales
  16.04.2008,
  » download file
• German Software Company Growing in Auburn Hills
  11.04.2008, Great Lakes IT Report
  » download file
• FACTON extending services to Troy
  27.03.2008, The Oakland Press
  » download file
• Behr America is Launching FACTON
  24.03.2008,
  Over 100 people planned to be trained on FACTON’s solutions at Behr  more »
  » download file
• Product lifecycle costing at Airbus Deutschland
  19.02.2008, CFO aktuell
  Thoralf Nehls Irrespective of whether their product is a flat TV screen, an exhaust system for a car or the wing design for an aircraft, no company can afford to know only the real production costs for a new product once production has started. Such costs must be calculated as accurately as possible, even before work is done on the detailed...  more »
  » download file
• German software maker Facton moves to Auburn Hills
  14.02.2008, Oakland Business Review
  » download file
• Organizational Appointments
  08.01.2008,
  » download file
• FACTON Launches North American Operations
  05.12.2007,
  FACTON Launches North American Operations in Michigan to Assist Automotive and Manufacturing Companies Enhance Profitability, Reduce Products Costs, Improve Efficiencies  more »
  » download file
• Behr now identifies cost drivers more rapidly
  22.10.2007, Automobilwoche
  Stuttgart. By using a new, worldwide database solution, Behr - a Stuttgart company specializing in vehicle air-conditioning and engine-cooling systems - wants to identify cost drivers at an early stage and reduce the time to market of its products. "We have customers all over the world, our products are international - this gave us the idea...  more »
  » download file

Related Articles

• Quoting is a game of high stakes...
  » download file