Product Costing

Product cost is only as good as the data behind it. Bills of material, routings, work center rates, material prices: each one changes on its own schedule, and a cost model is only accurate the moment all of them are current at the same time.

ImpactECS centralizes that data in one place. Standard cost, actual cost, target cost, simulated cost: multiple versions, built from the same underlying structure, so a change in one material price or one routing step flows through every version instead of requiring a separate rebuild.

That foundation is what makes everything else possible: allocations that assign cost accurately, simulations that test a change before it happens, and forecasts that hold up because the inputs are real.

Food & Beverage CFO Challenges

A recent study performed by Plante Moran and The Ohio State University Fisher School of Business takes a look at...

3C Software Makes List of Top 20 Most Promising Enterprise Software Companies

This month’s CIOReview highlights the top 20 most promising enterprise software companies, and we’re thrilled to be included in the...

ERP Implemeneters: Stop Reinventing the Costing Wheel

Have you ever advised your customer to customize their erp software? If you’ve been involved in at least one ERP...

Three Requirements of an Effective Cost System – Part Three

In the first two parts of this blog, we’ve talked about the importance of having a complete view of costs...

Three Requirements of an Effective Cost System – Part Two

  In part one, we examined the role of having a complete view of costs that extends beyond just the...

Three Requirements of an Effective Cost Management System – Part 1

  In this three part blog, we’ll discuss the three requirements of building and implementing an effective cost management system...

Picking the Right Driver Is Important To More Than Just Your Golf Game

In the beginning, cost accountants used allocation rates as the way to distribute overhead costs to the products manufactured.  These...

The Five W’s (and one H) of Designing Cost Systems

There comes a point in every process manufacturing organization when you know that you need a robust cost accounting system. ...

Top Eight Warning Signs You Have a Dysfunctional Costing System – Part 2

The book Designing Strategic Cost Systems: How to Unleash the Power of Cost Information by Lianbel Oliver has a great list...

Contact us today to see how ImpactECS can help you.

Start your journey to better cost and profit insights with ImpactECS.