Enterprise Product Costing (EPC) is a management concept that combines departmental approaches to cost management. When used holistically, EPC effectively enhances the transparency of the cost situation in the enterprise, facilitates cross-departmental and cross-site collaboration, prevents errors in information sharing (e. g. of cost data) and increases efficiency in the generation of results – for decision papers and proposals, or for preparing orders.
EPC software enables standard costing throughout the company. The software forms the operational core of this concept and simplifies its introduction.
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