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SBM: Cost Management at a Glance

SBM:Solutions set new standards in cost management by combining the best of Activity Based Costing with the best of traditional cost accounting in a bottom-up top-down costing system that bridges the gap between the financial 'cost-push' and the operational 'cost-pull' approaches to costing.

By enabling you to use Time Driven Activity Based Costing methods to allocate resource costs to activities and an Activity Based Process Model to define how the activities are consumed during the manufacturing, sale and distribution processes, they enable you to link the consumption of activities directly to the allocation of costs and by doing this accurately determine the end-to-end cost of your product and supply chain costs.        

SBM: Cost Management Solutions:-

  • Are Easy to Deploy & Maintain   ........................        .....................................  ..........   Because they use data that already exists in your ERP and production systems, there is no need for expensive and time consuming surveys, so you can get off to a really quick start and realise a rapid return on your investment.

  • Use Time and Cost Equations  ............................  .............................  ..................  ...............  Driven by a powerful and extremely fast costing engine, they use equations, rules and data tables to translate simple inputs into sophisticated cost models that accurately assign costs and deliver validated results within minutes.

  • Deliver World Class Functionality   ........................  ..........................  ..................  ...............   in an easy to use and affordable system that is secure and fully auditable. With planning, cost analysis and simulation components that enable you to maintain budgets and forecasts, model the effects of changes to prices and the availability of resources and examine operational constraints and supply chain strategies, they provide world class functionality and the timely, accurate and up-to-date information you need for effective decision support.

 >> More about what SBM's Cost Management Solutions Deliver


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Last updated July 2006