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.
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.
Product Coster shifts your costing process from collecting data and managing spreadsheets to making a real impact on your company’s performance.
- Determine the costs associated with Finished Goods (FG) and Work-in-Progress (WIP) items, which includes materials, labor, and overhead expenses.
- Input and select BOM, Routing, Material, Spending, and Volume datasets to create cost scenarios and calculate results.
- Calculate spending allocation rates based on assigned cost categories.
- Select volume dataset to compute extended product cost results.
- Generate concise summaries of product costs to streamline analysis.
- Compare scenarios to evaluate differences and improve decision-making.
- Leverage multiple options to simplify sharing calculated results with people and systems.
Powerful product costing analytics with the Product Coster
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, generate Excel-based reports and export results to other reporting systems make sharing cost data possible.
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!