With its beginnings in the 1980s, Activity-Based Costing (ABC) has evolved into a methodology used by both manufacturing and services companies to expand their cost accounting capabilities. To successfully implement ABC, the technology must scale to handle large volumes, accommodate changes to business requirements, trace and analyze root causes, and provide access to multiple users.
ImpactECS can assign overhead costs to product or customers for an unlimited number of activities and using the most appropriate drivers. The level of detailed analytics companies can perform with ImpactECS helps answer the strategic questions that drive corporate decisions like “Which customers or products are profitable?” and “What activities are driving costs?”
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