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Improving Visibility for Finance Teams

Better margins, improved cash flow

GoSmarter helps finance teams control costs, improve profitability, and build stronger business cases with real-time operational data.

Key Capabilities

Cost & Margin Visibility

Track material usage, scrap, yield, and production costs to understand true profitability.

Inventory Valuation

Gain real-time visibility of inventory to improve stock valuation, cash flow, and working capital management.

Business Case Calculator

Quantify savings from reduced scrap, lower admin time, and operational improvements before investing.

Compliance Cost Reduction

Automate compliance documentation and traceability to reduce administration, audit costs, and the cost of quality.

Operational Performance Insights

Monitor KPIs across inventory, production, and material utilisation to support faster, data-driven decisions.

Audit-Ready Records

Maintain complete digital records for faster audits, lower compliance risk, and greater financial confidence.

Finance team reviewing production cost data on a screen in a manufacturing facility

Find where the money is leaking

The Opportunity

You need operational visibility to control costs, improve margins, and make better investment decisions. GoSmarter gives you real-time data from the factory floor so you can see where money is being made, or lost.

  • Control Costs and Improve Margins: Use our Scrap Logger and Offcut Manager to reduce waste, improve material yield, and increase profitability.
  • Reduce Working Capital: Use our Metals Manager to see accurate, real-time inventory levels, avoid overstocking, free up cash, and improve stock valuation. Our long-products customers typically achieve 30–50% scrap reduction. Saving just one tonne of scrap per week at £600 per tonne is worth £30,000+ a year.
  • Lower the Cost of Compliance: Use our Mill Cert Reader to automate mill certificate processing, reduce compliance costs, improve audit readiness, and maintain end-to-end traceability.
  • Build Stronger Business Cases: Use our Business Case Calculator to quantify savings from reduced scrap, lower administration, and operational improvements before you invest.
  • Reduce Financial Risk: Use our Mill Cert Reader and Metals Manager to maintain complete material traceability and audit-ready records, reducing the cost of recalls, claims, non-conformance, and compliance failures.
  • Measure Sustainability Savings: Every tonne of scrap you avoid saves around 1.8 tonnes of CO₂e. Use our Business Case Calculator to measure your financial and Environmental, Social, and Governance (ESG) impact and be ready when customers ask for sustainability data.

Built for metals manufacturers everywhere

Traceability that works from day 1. Save hundreds of hours each year by automating your Mill Certs process and improve your traceability, quality, and compliance.

A finance and operations team reviewing production cost data in a manufacturing business meeting

The Savings

Why GoSmarter

£30k+

More profit every year. Long-products customers typically cut 30–50% of scrap using our Cutting Plans, worth £30k+ a year from just one tonne saved weekly at £600/tonne.

£8k–£15k

Saved on admin every year. Our Mill Cert Reader recovers 8–12 hours of certificate and stock admin every week.

30–40%

Less emergency purchasing within the first quarter, using Metals Manager’s live inventory commitments.

Maximise Material Yield

Every available stock length and offcut used first to minimise waste.

Cut Rush Costs

Live inventory commitments cut premium delivery charges, rush fees, and avoidable Cost of Goods Sold (COGS).

Accurate Financial Data

Real-time costs, stock values, and scrap data exported cleanly to your enterprise resource planning (ERP) or accounting software.

£30,000+ More Profit Every Year

Long-products customers typically achieve 30–50% scrap reduction using GoSmarter cutting plans. At £600 per tonne, eliminating just one tonne of scrap per week is worth £30,000+ every year. Our optimiser uses every available stock length and offcut to minimise waste and maximise material yield.

£8,000–£15,000 Saved on Admin

Our Mill Cert Reader automates mill certificate processing, stock management, and compliance, recovering 8–12 hours of administration every week. At a fully loaded labour cost of £20–£25 per hour, that’s £8,000–£15,000 saved every year.

30–40% Less Emergency Purchasing

Our Metals Manager gives you live inventory commitments, so you stop buying material you already own. Customers typically reduce emergency purchasing by 30–40% within the first quarter, cutting premium delivery charges, rush fees, and avoidable COGS.

Accurate Financial Data Every Day

GoSmarter captures production costs, stock values, scrap, and material usage in real time. It exports clean data to your ERP or accounting software, so your finance team gets trusted numbers without month-end stock counts, manual reconciliation, or spreadsheet errors.

What Each Role Gets Back

Finance Directors

Improve cash flow with better visibility of inventory, scrap, costs, and working capital.

Financial Controllers

Speed up reporting with accurate inventory data, automated traceability, and audit-ready records.

Procurement Teams

Reduce over-ordering and emergency purchases with live stock visibility and smarter material utilisation.

Midland Steel company logo

Midland Steel builds real-time Finance KPI dashboards and saves hours every week

Customer Spotlight: Midland Steel

Midland Steel’s finance team was spending significant time pulling data from multiple sources just to report on basic KPIs, with month-end reporting built on manual spreadsheet work.

GoSmarter built real-time Finance dashboards covering Net Profit and Gross Profit margins, backed by a proper data warehouse pulling from production systems and spreadsheet exports, so the team could see performance daily rather than waiting for month-end.

  • Hours saved every week for the Finance Director and team
  • At-a-glance financial intelligence available to senior management, not just at month-end
  • Increased accuracy and reliability of financial reporting
  • Improved collaboration between finance and production

Read the full Midland Steel Finance Dashboards case study

What's the Payback?

Most customers recover their annual subscription within the first 90 days through reduced scrap and lower admin costs.

Use our free Business Case Calculator to estimate your savings from scrap reduction, admin time recovered, and fewer emergency purchases. Export a PDF to review with your finance team before booking a demo.

Common Questions

Does GoSmarter log changes to inventory valuations and cost data?

Yes. GoSmarter logs every change to a stock record automatically: cost adjustments, inventory receipts, and drawdowns that affect valuation. Before and after values are recorded with user identity and a server-side timestamp that nobody can edit after the fact. If a stock value shifts unexpectedly before month-end, the original figure and the change are both on record. You know what changed and who touched it.

That covers the documentation requirements of ISO 9001 Clause 8.5.2, IATF 16949, and AS9100. The audit trail is available on all GoSmarter plans at no additional charge. See why audit trails matter in metals manufacturing →

How does GoSmarter help reduce material costs?

GoSmarter gives you real-time visibility of what material is being used, scrapped, and left in stock, measured against actual order costs. Instead of discovering margin erosion at month-end, you see it as it happens and can act immediately. The Cutting Plans alone reduces scrap by generating optimal cutting plans, directly improving yield and reducing material spend.

What return on investment should we expect?

It depends on your current waste rate and the volume of manual admin your team handles. Manufacturers using GoSmarter typically recover the cost in reduced scrap and saved staff time within the first quarter. If you spend more than two hours a week chasing cost data or reconciling stock values manually, GoSmarter pays for itself fast. Use our free Business Case Calculator to run the numbers for your specific operation before you commit.

Does GoSmarter replace our accounting software?

No. GoSmarter works alongside your existing finance tools. It tracks material costs and scrap at the production level and can export data for your accounting or ERP system via CSV or API. Think of it as the production-floor data layer that feeds clean numbers into your finance systems, rather than a replacement for them.

How does GoSmarter help with inventory valuation?

GoSmarter maintains an accurate, real-time picture of stock on hand, including what is committed to live orders and what is genuinely available. Your finance team gets an up-to-date stock value they can rely on for management accounts, investor reporting, or pre-acquisition due diligence, without waiting for a manual stock count.

See the Numbers Before You Commit

Before you sign up, run your own numbers through the free Business Case Calculator. Enter your costs and projected improvements to get real pounds-and-pence projections on when you break even. Most finance directors find GoSmarter pays back within the first quarter. With 50% off your first month, the returns come before the full cost does. No commitment required.

Go deeper

Build traceability in. From day one.

Every cert linked to stock at goods-in. Every heat number tracked to despatch. Every audit trail built automatically. Not assembled in a rush the week before an inspection.