Calculate Product Costs Calculate detailed product cost answers with user-defined attributes for materials, labor, and overhead spending at the individual product or SKU Level.
Run What-if Simulations Test how changing conditions like material substitutions or price changes, resource rate changes, or material and resource requirements affect product costs.
Generate Cost Estimates Select base products and update both attributes a values to quickly calculate the costs for new products, customer quotes, or changing product requirements.
Manage Raw Material Prices and Resource Rates Store and maintain raw material price lists, resource rates to allocate overhead spending, and sales prices to calculate contribution margin by product.
✓ Cloud-based Product Costing Rapidly deploy robust product cost models in the cloud, eliminating the issues that come from spreadsheet analytics.
✓ Centralized Model Data Pull together and maintain critical cost data in one location to improve data maintenance processes.
✓ Versioning & Scenarios Generate, maintain and compare multiple cost sets to run detailed what-if product cost scenarios.
✓ Easy Reporting Generate Excel-based reports and create views to share critical cost data across the company.
✓ Collaboration & Security Provide access to users with role-based security to both secure data and track model activities.
Quick access to relevant product information. The detailed view in the Product Coster consists of two distinct areas that provide everything you need to know about costs. The top panel delivers a product overview that includes the unique attribute details and summary cost and profit information.
Cost details at the natural cost element level. View, sort and filter the materials and resources consumed and routing steps required on the bottom panel. In addition to calculating unique material, labor and overhead costs based on custom attributes, the Product Coster delivers results using common cost categories like consumed and waste cost, variable and fixed costs, or cash and non-cash costs.
Run simulations in a few clicks.
Choose from any model variant or attribute to run, store, share and compare unlimited product cost simulations.
Build cost estimates from existing product data.
The Product Coster delivers more-accurate cost insights on products that don't exist today. Start from scratch, or choose an existing product to quickly generate estimates for new products or customer quotes.
Ready to STOP SPREADSHEETING AROUND with your product costs? Finance professional spend an average of 18 hours a month updating, consolidating, revising, modifying and correcting spreadsheets. Leave the busy work behind and learn how you can get access to meaningful cost results with the Product Coster.