IPC is based in the IPC-I integration layer (see PortoLink) and is made up of the modules IPC-B Inventory Controlling and IPC-P Production Controlling.
IPC-B Inventory Controlling
With Inventory Controlling, Portolan has created a tool, which enables companies to trace and monitor all material flows, and thus, to more quickly obtain results, at any time and without the need to perform manual reconciliations. The use of IPC requires that the modules PRM and FIA are installed.
PORTOLAN’s Inventory Controlling provides a daily automated and synchronized valuation of quantity flows for all inventory tracked materials at standard costs (Materials Management).
This ensures that all areas in cost accounting make use of synchronized and correct figures. Through permanent reconciliation of all revenue and asset accounts IPC provides the basis for fast and reliable reporting. Time-consuming manual reconciliation at month-end closing is no longer required.
Detailed analysis on account and item level allows accurate localisation of possible causes for posting errors. Any errors or discrepancies in the evaluation of inventory, inventory transactions, and sales can be immediately determined and eliminated.
When prices are changed all inventory is automatically revaluated for a new period.
A predefined setup with proposals for concept and analysis ensures smooth and efficient implementation.
IPC-P Production Controlling
Production Controlling is an extension to the Cost Object Management module COM. It provides automatic creation of your production orders as cost units. At the same time, IPC allows users to add criteria for analysis purposes to the cost units (so-called cost unit groups).
The core processes, such as material consumption, material output and return of time information and capture of production data, which are significant for production controlling, can be transferred enhanced with additional information (criteria), too.
Flexible methods for the determination of sub-processes, accounts or cost centers ensure a maximum of customization in defining characteristics and transfer processing.
Direct access to prices and costing information allows user to immediately valuate material movements. The cost rates derived from cost accounting are used for the valuation of the work performed in production, and hence give information about the company’s value added.
The production specifications are another important issue in the assessment of the value added. For this reason, IPC provides processing sub-processes, i.e. bills of material or working plans are broken down and the resulting transactions are evaluated. Finally, in the reporting they can be compared to the actual production data.