New Costing Priorities Are Changing the Way We Do Business

In the wake of digital transformation becoming a standard business practice, it is no surprise that modern organizations are shifting their costing priorities from cost reduction to cost transformation. Companies that relied on more traditional cost management methods are now finding that dynamic technologies can open the door to a whole new level of savings. These additional cost savings allow businesses to compete more effectively in an increasingly digital environment. This change in business strategy drives finance leaders’ priorities to focus more on implementing the best technology for their business, and ultimately increase product profitability.  A best in class tool that caters to specific business needs enables organizations to achieve end-to-end visibility of their costs and use this information to better understand what is driving their profits.

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Charter Steel Rolls Forward With ImpactECS

15 February 2016
Atlanta, GA
FOR IMMEDIATE RELEASE

Charter Steel Rolls Forward With ImpactECS

Charter Steel, a division of Charter Manufacturing and a leading American supplier of carbon and alloy steel bar, rod and wire products, has selected ImpactECS as their enterprise wide cost and profitability modeling solution.

Headquartered in Saukville, Wisconsin, Charter Steel has rolling facilities in both Saukville WI and Cleveland OH, with additional full service facilities in Fostoria OH equipped to clean, anneal, draw, coat and distribute hot rolled coils coming from Charter Steel’s two primary rolling mills.

ImpactECS will provide Charter Steel with deep visibility into their manufacturing activity costs and company profitability on a product and customer basis.  The project is focused on improving current margin reporting processes, reducing inefficiencies and improving profitability.  Charter Steel is leveraging the 3C Software “Cost Management Ecosystem” template which provides a fully integrated approach to cost and profitability modeling.

“3C Software has a long history of providing cost and profitability management solutions to the metals industry and the opportunity to expand our reach to another industry leader further solidifies our expertise in this market” stated Scott Adams, Director of Sales at 3C Software. We are very excited to have Charter Steel join the ImpactECS family”.

About 3C Software
3C Software, developers of ImpactECS™ and Impact3C®, was founded in 1988 and is a leader in detailed cost and profitability management systems. Headquartered in Atlanta, Georgia, 3C Software serves clients in several industries including process manufacturing, distribution, and financial services. 3C Software’s rapidly implemented solutions work with all accounting methods, are simple to maintain, and handle unlimited calculations and variables. For more information about 3C Software or ImpactECS™, visit www.3csoftware.com or call 800-226-2036.