Enterprise Costing Deliverables
Impact:ECS is more than just a tool to
calculate product costs - it effectively handles the entire
cost management process.
Rates and budgets: Building
cost or work center rates is the first step in any
enterprise costing approach. Impact:ECS
provides the tools to calculate these rates and allocate
costs based on a company's specific set of cost drivers.
These calculated rates allow cost managers to build
better, more informative budgets to predict
financial performance.
Multiple cost sets:
Multiple views of production cost
provides the ability to compare and contrast
results. With Impact:ECS, cost managers can
calculate actual, standard, forecasted or any other cost
view needed.
Inventory values:
Understanding inventory values is critical
for process manufacturers that often times manage multiple
inventory categories, cost centers, reporting cycles.
Impact:ECS delivers integrated valuation tools that
reduce period closing cycle times and make reporting
results easier.
With Impact:ECS,
companies are able to:
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Calculate realistic, actionable product
costs dynamically
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Access frozen, current,
going-to or other product cost scenarios
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React to near-real-time cost data
immediately
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Identify unprofitable products and/or
customers
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Improve sales pricing decisions
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Expedite budgeting and month-end
processes
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Integrate budget, cost,
and end-of-month processes
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Eliminate using expensive
IT resources to modify or build custom
applications
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Learn about the Impact:ECS product suite > |