R&D

ERP for defense and aerospace R&D

Manage the budget, advances, guarantees, serial-numbered parts and imported components of long-term development contracts on the project record, with an on-premise deployment option.

Cost and supply control in long-term development contracts

Defense and aerospace R&D projects are built on development contracts that span years; design, prototyping, qualification testing and initial production run under the same contract. Tracking advances received and letters of guarantee given, following critical parts by serial number, allocating the cost of imported components correctly and evaluating suppliers regularly are core requirements.

Factorbooks brings project, inventory, purchasing, foreign trade and guarantee records together on one platform; Project Management is included in VECTRA and the ABM packages. Configuration management, qualification test records and engineering change processes stay in your own systems. For organizations that want deployment on their own infrastructure or a solution that meets tender specifications, ABM IMPERA is offered as an on-premise installation.

Factorbooks Autonomous ERP for Defense & Aerospace R&D

Key benefits for defense and aerospace R&D companies

  • Contract-based project cost

    Sales, purchases, advances, collections and guarantees are collected on the project record, and project budget and cost are tracked together.

  • Advances and guarantees

    Order advances received and letters of guarantee given are shown separately in project and Guarantee Management records.

  • Serial-numbered parts

    With Serial / Lot Management, prototype and flight parts are tracked by serial number in stock and in movements.

  • Supplier evaluation

    Supplier quotations, performance and risk evaluation are recorded in Supplier Relationship Management.

  • Imported components and currency

    Import files, letters of credit and cost allocation are handled in Foreign Trade Management, and foreign currency transactions at Central Bank rates.

  • On-premise deployment option

    ABM IMPERA is installed on the organization's own infrastructure, with a project proposal prepared according to tender specifications and needs analysis.

Featured industry-specific solutions

Project Management

Manage each development contract under a project record. Project Sales, Project Purchases, Project Advances, Project Guarantees Received and Given, and Project Documents are kept in one place. Included in VECTRA and the ABM packages.

Guarantee and Advance Management

Track letters of guarantee, cash collateral and refunds in Guarantee Management, and order advances received and paid in Advance Management. Included in SYNTRA and higher packages.

Materials and Inventory Management

Define parts by unit, brand and serial number. Goods Receipt, Warehouse Transfers, Stock Reservations and Stock Counts are tracked by warehouse.

Purchasing and Supplier Management

Record supplier selection with Requests for Quotation, Supplier Quotations and Supplier Risk & Evaluation. Purchase orders and incoming e-Invoices are matched in the same flow.

Foreign Trade Management

Track import and export files, letters of credit and shipments; import costs are allocated to cost through import nationalization. Included in ABM packages and available as an add-on for ERP packages.

Contract and Document Management

Store confidentiality, corporate and intellectual property contracts, along with project, supplier and personnel documents, centrally. Included in ABM packages.

Related Factorbooks modules

See module coverage and package availability on each module page.

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Let’s find the right Factorbooks package for Defense & Aerospace R&D

We go through your priority processes together, identify the packages and modules that fit your needs and prepare your annual quote.

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