The costimator manufacturing estimating software solution provides the manufacturing industry with Internet-based, cloud-based quoting, ordering and collaboration tools. The costimator software solution streamlines business to reduce costs, increase profitability and maximize employee productivity.

Costimator provides easy to use, fast, reliable and accurate cost estimating software for manufacturing companies. It is the most commonly used software for manufacturing cost estimates.

Why Choose Costimator? Costimator is cost estimating and quoting software, designed specifically for manufacturing, used worldwide for product costing and process planning. The system can be utilized with or without the aid of a 3D model and comes pre-loaded with hundreds of industry validated cost models (cycle time calculators) which enables estimators to quickly turnaround quotes with the highest degree of accuracy, resulting in higher RFQ win rates and jobs that return their desired profit.

Estimating With CAD
Estimate Without CAD
Manufacturing Data Libraries
Easy to Use
ERP/MRP Integration

Costimator users who have access to 3D Models can take advantage of the systems 3Dfx tool, which has proven to reduce estimating time by as much 90%.

3Dfx is a universal CAD viewer with built-in feature recognition technology. Estimators can select various out-of-the-box process templates (or ones they have created) and utilize CAD data to automatically generate a complete and accurate cost estimate.

Costimator contains hundreds of easy to use, time tested and industry validated cost models that enable estimators to calculate cycle times and costs for a wide range of manufacturing processes, including milling, drilling, turning, EDM, laser, waterjet, plasma, press brake, stamping, injection molding, welding, assembly, coatings, packaging, shipping and hundreds more.

Costimator Cost Estimating Software is database driven, enabling you to store, access and retrieve all of your estimating and quoting information from a centralized location.

Estimators can quickly access and utilize the same data, drastically increasing the speed, accuracy and consistency of their quotes.

Whether requested over the phone, email or via the web through the Customer Web Portal, accurate and reliable quoting and estimating has never been easier.

The DELMIAWorks (formerly IQMS) Estimating and Quoting function takes into account all aspects of the quoting process including material, overhead, labor, outsourced operations, commission calculations, and miscellaneous additional fees. Because all DELMIAWorks ERP and Manufacturing Software modules are designed on a single database, the quote is developed based on true, expected costs, material price comparison, tooling and equipment amortization, and more. Once approved, the quote can quickly be converted into a BOM and sales order with the click of a button.

DELMIAWorks Quoting and Estimating Benefits

Flexible inventory interface allows the user to use existing master inventory items and price breaks or create items on the fly that are not part of the master inventory.
Unlimited quote routings enable quote price optimization through price & cost comparison, flexible mark-up capacity, unlimited price breaks, and variable markup capabilities.
RFQ log allows users to manage and track quotes online and through a series of reports.
Create “quote only” customers on the fly without affecting the master customer file.
Flexible commission calculations allow multiple commission levels based on the part and the sales person selected.
Create custom, user-defined quote forms in Excel or Word for data that is to be exported on a regular basis.

Add and plan single level raw materials or blends that are not a part of the master inventory.
Include excess material (i.e. scrap, regrind, waste, skeleton) calculations for more accurate consumption estimating.
Create quotes for family (set) or individual items.
Modify inventory costs for quoting purposes without affecting the master inventory.
Link unlimited parts into a single quote.
Link unlimited packaging and inserts into a quote to cover all costs.
“What if” scenarios modify mark up rates on the fly to take advantage of various schemes.
Send quotes via fax, printer, email or the web.
Create quotes for multiple manufacturing types (manufactured, outsourced, assembly, etc).

EnterpriseIQ

A full ERP system designed by IQMS for manufacturing companies. Demo Pricing

Manufacturing Scheduling and Production Planning

EnterpriseIQ by IQMS provides a wealth of business management functionality from a single source, on a single database. Only EnterpriseIQ totally integrates manufacturing and accounting with a complete suite of modules, eliminating the need for interfacing third-party add-ons. EnterpriseIQ natively integrates the front office and the plant floor with real-time production monitoring, accounting, scheduling, inventory control and reporting, as well as enabling manufacturers to manage additional areas such as Quality, Customer Relationship Management, EDI/XML, Human Resources, and Warehouse Management.

A/P

Manage your cash with an Accounts Payable tool that prints checks, manages payments, and tracks vendor performance. IQMS makes it easy with powerful front end tools.

Paying the bills is easy and flexible – with unlimited account distribution.
A complete vendor rating system helps to monitor vendor performance.
Detailed vendor information provides a payable account history with payment details for each invoice.
Establish recurring expenses for payments such as rent, bank fees or utilities to expedite bill payment.
Flexible payment scheduling allows for discount due dates
Multiple Cash Analysis Reports such as Cash Requirements, Aged Cash Requirements, Outstanding Invoices and more let you know where your money is going.

A/R

The Accounts Receivable system within IQMS is an easy-to-use debit/credit posting system for maintaining customer receivable records such as customer maintenance and status, cash receipts, agings, collection letters, reports and more.

Get up to the minute customer status, with agings and General Ledger Inquiry drill down.
Instant access to customer account status including open items, status and aging information.
Easy sales analysis utility summarizes invoice activity for each customer.
Invoice Activity Detail provides all activity that occurred during a specific time frame.
Customer Ledger inquiry provides a history of all transactions entered for a specific customer.
Cash received can be applied by check or by total amount received.
Cash may be entered against a specific invoice or applied against the On Account list.

BOM

The IQMS Bill of Material (BOM) is not just any BOM. The graphical representation displays part numbers and the relationships between packaging, inserted components and secondary operations, tooling requirements and process notes and much more.

Expandable to allow building of an unlimited number of Multi-level bills for component pieces
Blend technology built in to handle recipes.
Supports the management and scheduling of ýpre-operationsý such as blending or pre-processing.
Material, assembly and schedule requirements are generated with extreme accuracy.
Each manufacturing configuration can consume any kind of operation, internal or external
Define as many operations as needed including outside vendors, blends and standards.
Operations can consume additional labor, overhead and unlimited materials
Family tools are handled natively and the system is designed to understand multiple part numbers within the same physical tool.
Outsourcing is as easy to track as internal operations
Supports multiple manufacturing types.

Budgeting and Forecasting

Forecasting and Planning are critical tools in projecting plant throughput, resource requirements, revenues and profitability. IQ Forecast allows you to make informed business decisions without a background in statistics and forecasting modeling. IQ Forecast makes it easy to provide a snapshot of current and projected orders, as well as their impact on annual sales – past, present and future.

Real-time integration with entry, and sales modules allows for collaborative forecasting based on real-time data from throughout the enterprise.
Determine what materials and resources are needed, where and when to meet customer inventory and production requirements.
Time phased planning is updated regularly with each MRP run.
View forecasts by customer, part or by plant (separate physical or logical plants defined in EnterpriseIQ as such).
Powerful ýwhat ifý capabilities. View the impact of projected scenarios in seconds.
Automatically consume the forecast. Conversion of forecasted orders to actual orders eliminates the need to re-enter order information. Actual orders are updated as forecasted quantities change while maintaining their identity as a forecasted order.
Forecasted items can be easily scheduled and converted to work orders.
Populate the budget. Tight integration with the EnterpriseIQ financial modules supports building a budgeted forecast by cost elements
Updating the forecast based on orders received via electronically via EDI or the web
RealTime link to shipping activity. A click of the button accesses sales and shipping information providing the ability to compare project sales and quantities by monthly, by customer, order and/or part.

CRM

IQ CRM tracks all your customers’ interactions in a single system. It includes more than just contact management functions. It also manages customer support/help desk calls including an answer book for easy answers to commonly asked questions. Where the value really comes is with the native integration of all modules within EnterpriseIQ. IQ CRM accesses the ERP database, giving you everything from the original sales contacts and background information through the entire sales, production and shipping cycles. It allows you to capture, manage and track every interaction with a customer, from initiation to resolution. IQ CRM provides an integrated view of a company’s customers, to everyone in the organization. Among the benefits are:

Streamlines processes – Because there is a central database of information, the need to re-enter duplicate information into separate systems is eliminated. The information flows seamlessly,ensuring that all your customer-facing departments work more efficiently together to meet your customers’ needs.
A single Knowledge base about customers – A single source of information ensures information sharing among all departments. With IQ CRM everyone in your organization will have the knowledge of every customer interaction with the organization, regardless of what department took or initiated the call.
Ensures consistency – IQ CRM provides a coordinated and consistent experience with your organization. Your customers receive the same information regardless of who or how they contacted you.
Increases sales effectiveness – IQ CRM allows you to make knowledgeable decisions about future sales and marketing plans. By tracking the success of a promotional campaigns, customers’ buying histories, preferences, as well as complaints you are better informed to determine new revenue sources.
Increases customer loyalty and satisfaction – It’s no secret that superior customer service is a key to customer retention. By embracing the customer from all levels, the customer will feel that they are ýkingý. By knowing the customer’s needs and wants you can better meet the demands of the future.

E-Commerce

IQ WebDirect helps organizations meet the business demands of today and the future. If manufacturers are going to stay competitive and maintain customer satisfaction while growing their core business, they can no longer afford to rely on traditional business models. eBusiness has become a mandate for most companies to survive in a rapidly changing world. IQ WebDirect meets the growing business needs of manufacturers for an end-to-end, integrated eBusiness solution.

The Customers Portal – Realtime information about order status including up-to-date production reports direct from the plant floor.

The Supplier Portal – Realtime access to your requirements ensures that your suppliers meet your materials, service or secondary operations needs more efficiently.

G/L

IQMS gives users extreme flexibility when it comes to setting up the General Ledger. The IQMS General Ledger includes many management tools such as financial reports, easy and direct journal entry, budget tools and many more to help maintain a positive bottom line.

A Flexible Chart of Accounts Structure lets users define the structure of their chart of accounts including the account, division, departments and any other codes that may be unique to their environment.

Unlimited, user defined account and sub-account types to help with financial reports.
Unlimited open periods and years.
The General Ledger Journal Entry function supports double entry-balanced transactions, with repeating descriptions.
A running total keeps you in balance prior to posting.
Support for Recurring, Reversing and Free Form entries.
All activity related to open and closing periods is recorded in a transaction log for traceability.
Flexibility in posting transactions.
Extremely versatile financial reporting tool lets you modify standard reports, and create user defined reports.

Inventory

An accurate inventory may be the single most important factor in maximizing enterprise and supply chain efficiency. With the EnterpriseIQ inventory module, controlling inventory and costs has never been easier.

Store, track and fulfill orders based on real-time inventory information from the production floor.
Class based inventory (i.e. finished goods, raw material) provides for ýclass-specificý information, such as vendor info or manufacturing data.
Complete current and historic accountability for all inventory transactions.
Store items in unlimited inventory locations – including the vendor.
Unlimited price breaks lets you set volume discounts for finished goods (selling) and raw material (purchased) acquisitions.
Always meet your customer demands with Auto MRP. This Min/max inventory system compliments sales, work orders and scheduling to ensure no item is ever missing or short.
Blend Technology allows you to maintain items that are made up of two or more materials.
Native integration with IQ Wireless Warehouse Management allows for inventory adjustments from anywhere on the plant floor through hand-held, radio frequency enabled scanning devices.
Maintain standard costs based on cost elements, with complete roll up through work in process and finished goods.
Supports non-conforming, non-allocate and default inventory locations
Maintains current and future costs

Job Costing

As an add-on module to the EnterpriseIQ system, JobShopIQ gives you the power to efficiently manage your job shop with same system you use to run your other manufacturing operations. Your tool shop is integrated with your plant floor, which is integrated with your warehouse, which is integrated with your sales, which is integrated with your accounting and customer relationship management, and so on. Integration means you always have the information you need to react quickly to changing demand. The result is increased efficiency and lower operating costs.

Quote new projects quickly, easily and accurately
Respond with confidence to promise dates
With the money-saving power of integration, all your business processes work together seamlessly

MRP

The key to manufacturing success is making sure all the resources you need to deliver a product are in place when you need them. EnterpriseIQ’s optimized scheduling system ensures all schedule delivery dates are met, by identifying the best start time, the best machine to run on as well as verifying availability of other necessary constraints such as tools and sub-assemblies.

Global Visual Scheduling provides a graphical view of your entire production schedule.
Identify plant capacity and generate detailed production schedule from an organization level down to specific plant and even the workcell to meet delivery goals.
Schedule an entire work order including sub-assemblies, secondary operations and/or purchased parts
Drill down capability provides access to job details and scheduled availability
Color coding throughout the scheduling and capacity features helps you quickly identify jobs and resources that are on time, late or nearing the ýlateý status.
Quickly identify which machines will run a job most efficiently based on past production information.
Alleviate bottlenecks resulting from inefficient use of resources with automatic schedule updates based on machine performance.
Automatic adjustments to the schedule to account for unplanned events such as, changing customer requirements, machine downtime, unavailable raw materials, based on adjustments from other modules within EnterpriseIQ.

Order Entry

Accurate and timely invoicing is key to maintaining an elevated cash flow. With IQMS, invoicing is made fast and easy due to the high degree of integration with other key modules, including shipping and order entry. Invoices can be created on the fly, from packing slips or directly from orders

Excessive editing is eliminated and errors are reduced when invoices are automatically generated based on packing slips.

Link multiple packing slips to a single invoice.
Create free form invoices or credit memos to account for items that need to be invoiced but are not part of a shipment.
A variety of invoicing types lets you invoice finished goods, raw materials or other miscellaneous items such as tool repair.
Flexible viewing structure allows you to view invoices by customer or period
Standard reports such as Invoicing Report, Sales Analysis reports, Un-posted Invoices and others keep you up-to-date on anticipated cash receipts.

Payroll

The IQMS Payroll module supports customization to meet your unique payroll processing and reporting requirements. Whether running a single or a multi-site operation with multiple user-defined deductions, IQMS Payroll Module can meet your needs.

Manage and administer benefits such as insurance, 401K or other savings plans.
Administration reporting to meet government requirements
Maintain and track accruals such as vacation, paid holidays and sick days
Unlimited user defined pay groups, pay types and deductions
Flexible Direct Deposit feature allows multiple payment options.
Track and report on job history, performance and salary history.
Automatic import of employee hours with the optional Time and Attendance module or other Third Party Time Clock Systems.
Enhanced security allows access rights to be granted to specific pay groups
Enterprise Payroll option processes payroll regardless of the location while ensuring the proper allocation of expenses back to the corresponding job.

Purchase Orders

Purchasing plays a major roll in helping the warehouse staff anticipate the arrival of incoming shipments. The IQMS Purchasing Module simplifies that process by allowing for the creation and approval of purchase orders, and the receipt (or rejection) of those goods ordered.

Track P.O.’s from the date issued until the arrival date to ensure timely delivery and accurate quantities.
Integrated with the material requirement tools within EnterpriseIQ, Purchase Orders can be automatically generated.
Complete P.O. authorization tools ensures proper authorization levels per acquisition.
Version control options track all modifications made to a Purchase Order, including user, date and time.
A complete P.O. log provides historical information on vendor payments, amounts and P.O. numbers.
Track vendor performance by monitoring requested and promised delivery dates.

Scheduling

Global Visual Scheduling provides a graphical view of your entire production schedule.
Identify plant capacity and generate detailed production schedule from an organization level down to specific plant and even the workcell to meet delivery goals.
Schedule an entire work order including sub-assemblies, secondary operations and/or purchased parts
Drill down capability provides access to job details and scheduled availability
Color coding throughout the scheduling and capacity features helps you quickly identify jobs and resources that are on time, late or nearing the ýlateý status.

WMS

The IQMS Warehouse Management System (IQ WMS) natively integrates radio frequency based bar code input from the plant floor with other IQMS modules. The technology introduces the ability to manage inventory, production, shipments, labeling and more from remote, hand held scanner units from just about anywhere on the plant floor.

Effectively, IQ WMS has the potential to drastically reduce the reliance on keyboard and mouse based computer interaction when recording plant floor activity. The net effect is faster recognition of production and inventory changes within IQMS, drastic reduction of time spent at dedicated workstations, and dramatically improved accuracy of data input.

Collect inventory data from the plant floor using either dedicated hand-held scanners or RF-enabled personal digital assistants (PDAs).
A single database containing all inventory transactions, made by any user within EnterpriseIQ provides for maximum accountability.
Realtime integration with scheduling, production, sales, eliminate batch/data update postings and reconciliation of multiple inventory tables.
Supports Packaging and Distribution requirements for EDI-based shipments.
Improved customer service with 100% real-time update to inventory information, available to all departments – customer service, accounting, manufacturing, shipping and receiving.

Conclusion

The Manufacturing Estimating Software costimator is a desktop tool for making accurate, consistently priced manufacturing bids. costimator’s quick and easy drag-and-drop functionality ensures that you can easily create a dependable and attractive bid quickly — without being an expert in Excel or expensive estimating software.