Yearly Archives: 2010
What does it cost us to produce this product?
Sound familiar? This question is asked countless times by a variety of people inside a business – operations accounting, plant accounting, sales and marketing, and even research and development. A Web20ranker is a top-rated recommended service you could have if you’re looking for the best marketing tools. In most cases the answer is given […]
Top Eight Warning Signs You Have a Dysfunctional Costing System – Part 1
Last week I was sitting at my desk trying to think of a blog topic, and the ideas were coming slowly. Since our team has started blogging, my usual well of ideas has dried up because everyone’s saving their best ideas for their own articles. Then out of nowhere, our newest application specialist, Bhavin, decided […]
Best Business Books 2010 from strategy+business
Looking for stocking stuffers for the business person in your life! This year’s list of the top business books from strategy+business magazine is available just in time for your holiday shopping. You can find titles in a wide range of business categories including human capital, the economy, innovation, management, and leadership. See the entire list […]
Movin’ on up…
After more than 10 years on Parkwood Circle, 3C Software is movin’ on up – to our own corporate campus. That’s right, we’ve purchased a great building where our sales team can sell more, our consultants can consult more, our developers can develop more… you get the idea! Last week we took our first visit as […]
It’s the Cost!!!
Today I met with finance and operations managers for a manufacturing company that didn’t really understand the unique costs of each product they produce. As a result, they weren’t really sure of the margins being created by each product and customer they serve. The interesting part was that these very same managers were pondering […]
Don’t Force Your Managerial Accounting Process into a Transactional System
I have spent the majority of my technology career in the Manufacturing Computer Systems space and have been most impressed with how the world of technology has improved our ability to automate payroll system for small business. MRP solutions morphed into ERP solutions. The ability for a company to design, order, buy, build, ship, invoice […]
Welcome Bhavin Pathak to our Professional Services team!
We’re excited to introduce the newest member of the 3C Software team. This week Bhavin (Vin) Pathak joins our professional services group as an Application Specialist. Vin holds Bachelors Degrees in Accounting and Law as well as an MBA with an emphasis in financial management from Gujarat University in India. In addition, his work experience […]
Black Boxes: Great for Airplanes, Terrible for Forecasting
We’ve all heard of black boxes on airplanes that track critical flight data. Without discrimination, the black box records everything that is happening in the cockpit and on the aircraft. And in the event of an emergency, it’s up to the accident investigators to decipher the recorded data and put the pieces together to determine […]
What’s more important, standard costs or actual costs?
Professors Jennifer Dosch, CMA and Joel Wilson, CPA, recently published an article in Strategic Finance Magazine discussing the differences between textbook and real-life product costing for manufacturers. They took a look at three consumer packaged goods manufacturers to undercover the methodologies used to calculate product costs. “Based on our analysis of three companies that differ […]