Accountants for Industry & Manufacturing

Manufacturing plays a vital role in economic growth. With increasing innovation and automation, rising input costs and tight margins, manufacturers face many challenges, and maintaining a profitable, competitive business while continuing to improve is a fine balancing act. Accurate costing, inventory reporting and a reliable monthly close give you the numbers you need, and the accounting, tax and business experts at Waycorp are here to help with the right guidance.

Manufacturing, mining and logistics businesses face rare and difficult challenges, from inventory and multi-location operations to sales and use tax in the states they sell into and payroll for production teams. These can be effectively managed with the right advice and support from experienced professionals. With 50+ years of combined experience, the team at Waycorp is committed to providing our clients with comprehensive and independent advice.

Many manufacturers outgrow entry-level software as they expand. Our NetSuite and Odoo specialists handle ERP implementation, customization, integrations and training across inventory, logistics, manufacturing and reporting, and we also work with QuickBooks, Xero, Sage and Microsoft Dynamics. Combined with GAAP-compliant management reporting and forecasting, the right system gives you clear, timely numbers.

The truth, as seen by us here at Waycorp, is that many manufacturing businesses struggle to make profits. Given high labor costs, inputs and hefty regulation, business owners often miss out on success. This is as well as managing their inventory and costs, tracking customer orders, managing pending builds and identifying which orders have shipped. If you import components or export your finished goods, you also have to contend with multi-currency transactions and cross-border tax questions. With all this and more, it’s no wonder business owners look to professional advisors with real-world experience and knowledge for help and guidance.

Here at Waycorp, we are more than just a team of tax accountants. We will act like your genuine business partner and help you build up your operation and grow your personal wealth alongside it.

Our expert team provides full-service accounting, tax and business advisory services for manufacturing, mining and logistics businesses. Get in touch today on +1 (302) 440 1465 with any questions you may have about business accounting and the services we offer.