Costing processes for complex manufacturers that involve variance and yield analysis, raw material price fluctuations, parent-child product relationships, multiple recipes and formulas, or any other advanced calculations would benefit from an enterprise cost solution.
Many accountants turn to spreadsheet applications to get the flexibility they need but is not offered in traditional ERP or manufacturing systems. The ImpactECS costing platform allows end users to build sophisticated models to calculate product costs using any accounting methodology.
There are five key areas where ImpactECS helps process manufacturers:
- Detailed product and process costing
- Budgets and forecasts
- Materials management
- Decision support and scenario analysis
- Custom reporting and analytics