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Product Coster: Cloud-based Costing Solutions for Mid-Sized Manufacturers

Product costing is central to the critical decisions manufacturers make every day – the products you make, the prices you charge, the tactics you implement to improve processes, and the strategies used to achieve the company’s goals.

Access to meaningful cost data is essential to protecting margins and growing profits. The Product Coster, powered by ImpactECS, is a cloud-based application designed to quickly calculate, analyze, share and maintain detailed, accurate and actionable product cost results.

93% of companies are, or will be, taking action to improve the quality of their cost information.

“Costing and cost transparency: Helping finance create business value”, Deloitte

The Product Coster is designed to shift your costing process from just collecting data to making a real impact on your company’s performance. Our approach is designed to deliver in four ways:

  1. Calculate meaningful answers
  2. Enhance collaboration
  3. Accelerate time to insights
  4. Mitigate implementation risk

Powerful product costing analytics with the Product Coster

Improve decisions with access to accurate and actionable cost answers.

Don’t base critical business decisions on inadequate and error-filled spreadsheets. Get access to summary cost and margin information for each SKU produced at a glance. Then, see the detailed cost results calculated using common cost categories like consumed/waste, fixed/variable, or cash/non-cash and custom attributes defined by you and are relevant to your company’s goals and strategies.

Run powerful simulations on any model variable in a few clicks.

Turn any input or value into a simulation variant and unlock meaningful insights. Choose any of the four different simulation types – cost category, expense type, material or resource group, or a specific material or resource – and quickly determine the impact of the change. The Product Coster identifies the products that are affected by the change, re-rolls the cost values for those products, and provides results and how it compares to the baseline.

Use existing product data to rapidly generate new product cost estimates or product quotes.

The Product Coster delivers more-accurate cost insights on products or orders that don’t exist today. Start from scratch, or choose an existing product, enter a few key attributes and quickly generate estimates for new products or customer quotes.

Get your copy of our guide, Do You Need a (New) Cost System, and explore the symptoms of poor costing and the five ways you can improve your costing process.

Transform your decision-making process with the Product Coster

The Product Coster is designed to meet the needs of small and mid-market manufacturers struggling to get the deep cost visibility necessary to maximize profit growth. We focused on the capabilities you need when you roll up your sleeves to calculate and analyze product costs. The application powered by the ImpactECS Enterprise Cost and Profitability Platform, leverages nearly three decades of knowledge and experience building cost systems for some of the world's leading manufacturers. Finance, operations, and executive teams benefit from.

Cloud-based Product Costing

Rapidly deploy robust product cost models in the cloud, eliminating the issues that come from spreadsheet analytics.

Centralized Model Data

Maintain critical cost data in one location, or connect with existing ERP systems, to improve access and maintenance processes.

Versioning & Scenarios

Create, maintain and compare multiple cost versions to compare results and inform decisions.

Easy Reporting

View dashboards and 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.

Ready to see ImpactECS in action?

Get a glimpse of how we help companies understand their costs and profits.

Schedule a demo now!