Monitor ERP wins Factory Innovation Award "The sustainable factory" 2023 in Germany
On April 19, the Factory Innovation Awards 2023 were presented at the Hannover Messe. The winners were selected by an independent jury of experts. The decisive factors in the category were functions in the area of sustainability reporting and calculation of carbon dioxide emissions.
Monitor ERP won first prize in the "The sustainable factory" category. Monitor's Maria Sundin Flöjt, Project Manager, Business Development, gave a thank-you speech on the stage.
– We're extremely proud and honoured to receive this award. It's a major quality check for us that we are focusing on the right functionality in our ERP System. Germany for us is a really tough market, with tough competition, so we're really happy about this, said Maria.
Due to the CSRD (Corporate Sustainability Reporting Directive) and the new ESRS (Sustainability Reporting Standards), which will apply in the EU from 2026, companies need new solutions in the area of tracking sustainability in production. Just as in financial reporting, such information will become increasingly important for all stakeholders. ESRS recommends the reporting framework of GHG (Greenhouse Gas Protocol).
This protocol requires reporting of emissions from the production of individual products to transportation and delivery. Monitor ERP can help companies do this by automatically calculating all this information from the information in the ERP. A carbon dioxide value can be stored for each raw material purchased. But also for newly produced products based on material usage and the energy mix at the site.
This information can be adjusted again and again, and in day-to-day business can also be taken into account in part lists, in order to select the most environmentally friendly option for an order. Data from suppliers and logistics partners, for example, on emissions during transport can also be stored in the system or even synchronized automatically in some cases. The goal is to measure carbon dioxide emissions per year and per area. This process is analogous to a normal budget process, except that now carbon dioxide emissions are used as currency.
– Our customers are ideally prepared to meet all future requirements in the area of sustainability and, above all, to view information on the emissions incurred in order to make decisions, says Managing Director in Germany, Tomas Blomberg
Also recognized was the high connectivity that the software offers with existing machines and external business partners from the financial and logistics sector. Last but not least was also the future viability of the software, which is intended as a standard ERP without many configurations. This makes it possible to run regular updates without losing adaptations. However, the implementation of Monitor already takes much less time than comparable ERP systems.
Receiving this award and participating in the event at the Hannover Messe is a great honour and underlines the forward-looking approach that Monitor ERP offers. It also provides a further foundation for Monitor to become even better known in Germany, and to become a preferred partner for manufacturing companies that want to be future-proof in the face of all the current challenges.
– Winning this award is a great opportunity for us and high praise for the great work we've done over the past few years, which we can build on to continue to grow in Germany, added Blomberg.
Our development team is really motivated to constantly develop sustainability functionality that can help as many companies as possible to meet the future demands.
– We believe that winning this award shows us that we are on the right track. We are providing sustainability functionality to our customers that's easy to use, up to date with upcoming legislation, and that combines the core functionality in Monitor: to help our customers to be as effective as possible, and to make smart choices and win as much business as they can, explained Moa Lindberg, Business analyst.
Questions? Please contact:
Maria Sundin Flöjt
Project Manager Sales & Marketing
Monitor ERP System