Project Management
Open each pilot plant or field trial as a project. Keep spending and obligations on one record with Project Purchases, Project Payments, Project Guarantees Given and Project Budgeting. Included in VECTRA and the ABM packages.
R&D
ERP for energy and environmental R&D
Collect the capital spending on pilot plants and field equipment, imported components, supplier quotations and guarantees given in the related R&D project, and see the payment load ahead of time.
Investment and cash control in equipment-heavy projects
R&D projects in energy storage, renewable generation, efficiency, and water and waste treatment usually require a pilot plant and field trials. Most of the spending goes to imported components, measurement equipment and installation services, and providing guarantees is common in projects with partners and public bodies.
In Factorbooks, pilot plants and field equipment are tracked in Asset Management, and the project's purchases, payments and guarantees in Project Management (VECTRA and ABM packages). Measurement data from field sensors and energy generation or emission calculations are not kept in Factorbooks; this data stays in your own monitoring systems and can be transferred through the API in Integration Management when needed.
Key benefits for energy and environmental R&D teams
Pilot plant records
Pilot plant components and field equipment are recorded as fixed assets, and changes in location or assignment are tracked in Asset Transactions.
Depreciation and valuation
In SYNTRA and higher packages, depreciation and asset revaluation run in the same module.
Choosing equipment suppliers
Quotations for panels, batteries, membranes or measurement instruments are compared in Quotation Evaluation.
Cost of imported components
Import costs are reflected in equipment cost through Cost Allocation / Import Nationalization.
Project guarantees
Letters of guarantee and cash collateral given to partners and institutions are tracked on the project record and in Guarantee Management.
Visibility of payment load
Cash Flow Forecast shows the payment load of installation periods ahead of time.
Featured industry-specific solutions
Asset Management
Record pilot plant components under Fixed Assets and leased field equipment under Rented Assets. Asset Transactions, Asset Revaluation and Depreciation Transactions are included in SYNTRA and higher packages.
Supplier Relationship Management
Put equipment and installation services out for quotation with Requests for Quotation, and decide with Supplier Quotations and Quotation Evaluation. Supplier Performance records carry over to later projects.
Foreign Trade and Guarantee Management
Track imported components with Import Files and Import Costs, and record letters of guarantee and cash collateral in Guarantee Management. Foreign Trade Management is available as an add-on for ERP packages.
Cash Management
See how project payments and collections spread across periods with Cash Flow Forecast. Assess currency risk on equipment purchased in foreign currency ahead of time.
Related Factorbooks modules
See module coverage and package availability on each module page.
Project Management
Project-based sales, purchasing, collections, payments, advances, budget and guarantees.
Asset Management
Fixed assets, minor fixed assets, rights, rented assets and depreciation.
Supplier Relationship Management
Potential suppliers, requests for quotation, quotation evaluation, performance and risk.
Foreign Trade Management
Export and import files, letters of credit, cost allocation and Exim loans.
Guarantee Management
Guarantees given and received, letters of guarantee, cash collateral and refunds.
Cash Management
Forward-looking cash visibility with a cash flow forecast.
Other industries
Technology R&D (software, electronics, telecom)
Budget, staff and expense records for software, electronics and telecom R&D projects on one platform.
Industrial R&D (machinery, automotive, manufacturing technologies)
Track prototypes, materials and project cost together in machinery, automotive and manufacturing technology R&D.
Chemicals & Materials R&D
Link lab consumables, sample lots, imported raw materials and formulation trials to the R&D project.
Biotechnology & Health R&D
Consumables, lots, imports, contracts and documents for long-running biotech and health R&D projects.
Defense & Aerospace R&D
Contract-based cost, guarantees, serial-numbered parts and supplier tracking for defense and aerospace R&D.
Retail Trade
Manage store stock, prices and discounts, POS collections and online orders on the same records.
Let’s find the right Factorbooks package for Energy & Environment R&D
We go through your priority processes together, identify the packages and modules that fit your needs and prepare your annual quote.