Foster City, California – September 12, 2005. Exact Software™, a leading provider of solutions that connect the people, processes, and knowledge essential to the success of an organization, today announced the availability of the latest Exact MAX® release 1990 ("batch 1990"), which features extensive costing changes that will help customers better manage financial reporting under Sarbanes-Oxley. "The changes we have made dramatically increase the consistency and hence defensibility of our accounting practices, so I believe it will be a vast improvement" said Chuck Juhnke, MAX Director of Professional Services.
A cornerstone of MAX development is the feedback collected from customers. MAX customers have come to expect that the issues most important to them will receive due attention in subsequent releases. In fact, 83 reported customer issues have been resolved for Max batch 1990. Also new to batch 1990: part management improvements with MPN string functionality and enhanced serial management in Shop Floor Execution; enhanced editing capability and loading functionality in ETL; enhanced filtering functionality for better planning simulation; enhanced support between modules; and extended interoperability between MAX and e-Synergy.
“Many of our customers are currently pressed to comply with Sarbanes-Oxley governance issues.” said Clive Boulton , MAX Director of Development. “One aspect of this is balancing the EOP WIP report with the From-To-Charge reporting. Max batch 1990 provides the vehicle to accomplish this formally. Additionally the batch includes BOM level Manufacturers part control, ideal for high tolerance electronic manufacturing, plus more than 70 customer requested bug fixes.”
Max Batch 1990 Highlights:*- Costing Module
- Overall Goal: Balance EOP-WIP Report with G/L Posting to assist with SarbOx reporting
- Specific Costing Changes Include:
- Added BULKWIP default account to track bulk issue parts in WIP
- MAX will Cost all WIP-related transactions at standard cost
- Service Orders will display on EOP WIP Report
- Service Orders will display on Total Order Cost Report
- From-To Charge Report will track costs of service order operations added to order routings
- MPN String Functionality
- Added support for Manufacturers Part Number and description for part-component relationships throughout MAX
- Shop Floor Execution
- Now adds serial numbers to shop orders automatically for serial controlled parts not under lot control
- ETL
- Optimized single table load speed using client side cache validation
- Added Edit Order Bill & Edit Order Routing functions
- Automatically loads correct MAX schema after using Excel 2003 (XML Spy not required to set schema)
- Added Bulk Edit SO / PO Line Deliveries to replace legacy Global Maintenance functionality
- Planning Simulation
- Preferences added to filter out planned and approved orders like MRP
- Subcontract Service (Routing) Method
- Added support for reversing transactions
- Feature/Option Configurator
- Added support for Lot & Serial Controlled parts
- e-Synergy Interoperability with MAX Extended
- Writes serial numbers into e-Synergy for end user warranty registrations
- Saves MAX PO form in e-Synergy
Note: Exact now requires e-Synergy ES 4.0 batch 340 week 33 for MAX customers using e-Synergy with MAX batch 1900 series.
*Check Customer Portal for latest information about batch 1990.
MAX customers may download Max batch 1990 from the MAX Customer Portal or contact their MAX Account Manager directly.
About Exact Software™
At Exact Software, we believe in Business Unified™ – being a leading provider of solutions that connect the people, processes, and knowledge essential to an efficient, competitive business. Exact’s integrated solutions encompass executive control, accounting, manufacturing, distribution, online commerce, CRM, HRM, document management, Web portals, workflow, and more, empowering collaboration among employees, suppliers, and customers with real-time access to central Web-based corporate information and exchange. Exact Software’s solutions provide greater visibility across the organization, maximizing control, productivity, and efficiency for the entire value chain. Exact MAX is based in Foster City, CA. Exact Software is a division of Exact Holding N.V. (Amsterdam: EXAH.AS), located in Delft, the Netherlands, and has its North American headquarters in Andover, MA.
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