Please join us for a FACTON Cloud Conference: 7 Ways to Win the Costing Game on Thursday September 22nd (11:00am – 11:45am EST).
Since 1998, FACTON has worked with manufacturing companies to improve product costing. Our finding indicate that most companies have a laser focus on procurement, production, product development, and sales. These areas generally have entrenched IT applications: ERP, CRM, PLM and CAD. However, Costing is often viewed as a secondary process and receives too little attention, frequently managed with Excel.
Companies that Win the Costing Game have a highly developed costing approach for delivering the necessary calculations and data in order to make future-oriented decisions – not just backward-looking analyses (target/actual comparisons).