Accurate Costing Is Key to Profitability

  • Source: Ventana Research
  • Written By:
  • Published:
  • (Originally Published On:) )
Sustaining profitability in a landscape of volatile prices and exchange rates is difficult for even the best-run companies. One key challenge is to understand the real economic costs in your business and of your products so you can make accurate decisions about sourcing, substitutions, pricing, and logistics. Find out how to use the right costing methodology and have the right information—and the right analytical tools.

Featured Software Research:

Expert’s Guide to Successful MRP Projects

To succeed in their tasks, planners and schedulers rely on materials resource planning (MRP) software to make recommendations and send signals. To make meaningful suggestions, MRP requires a steady diet of accurate, relevant, and timely data. This guide breaks down two critical MRP project success factors: 1) tips to select the right MRP software, and 2) best practices to extract meaningful value from MRP solutions. Read More

Capturing Project Cost in Project ERP

  • Source: IFS
  • Written By:
  • Published:
Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization. Read More

You may also be interested in these related documents:

Payroll: The Key to Activity-based Costing for Nurseries, Farms, and Greenhouses

Find out why activity-based costing (ABC) is the best solution to define your costs, accounts, and activities. In this paper, you will learn how a payroll-oriented ABC will help you make more accurate managerial decisions for your agribusiness. Read More

Driving Profitability and Managing Costs: Telecommunications Performance Excellence and Profitability

  • Source: SAP
  • Written By:
  • Published:
Telecommunications providers need detailed information regarding expenses and profit margins across many dimensions. But many companies lack sufficient data visibility and access to fully understand the root drivers of cost and profitability associated with rate plans, networks, products, and customers. Find out how to get an accurate understanding of these drivers, in order to cut expenses, and drive profits. Read More

The Profitability Perspective: How Automated Reporting Drives Better Decisions

  • Source: IDC
  • Written By:
  • Published:
Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting—but many are investing a lot of effort to produce this information. And the limitations to the information companies currently compile may have a significant impact on decision making. Learn how automating profitability reporting can help your company improve decisions. Read More
 
comments powered by Disqus