A true view of profits needs a robust method to allocate all costs that are not directly traceable to a specific product or service – direct and indirect labor costs, overhead spending, shared costs, and more. Finance teams that can shed insights on overhead spending are better positioned to make quick decisions as business conditions change. ImpactECS gives you the tools to assign drivers and accounts, dynamically calculate work center and overhead rates, and validate results to ensure every penny is assigned properly.
Collect both production data from ERP, MES, and shop floor systems and spending from the General Ledger.
Assign drivers and calculate rates using detailed product structure and production data.
Allocate overhead costs to specific products using a dynamically calculated rate.