Activity Based Costing
Activity Based Costing is a very powerful methodology that allows companies to estimate true profitability of its customers, products, channels. While the overal theory of Activity Based Costing is not complicated the actual implementation is.
Bestrane provides the following services in the Activity Based Costing area:
Model design and implementation services:
Initial implementation of Activity Based Costing is a difficult process that requires significant technical and business knowledge and therefore it is usually recommended to engage specialists, rather trying to build in-house capability from scratch.
Over the years Bestrane has designed implemented a wide range of Activity Based Costing models to a number of Australia's blue chip clients from Banking, Insurance, Manufacturing adn Service industries.
Activity Based Costing Software Sales and Support:
Bestrane is an authorised representative of SAP costing suite of Profitability and Cost Management (PCM) products. Which is one of the worlds most poverful and popular activity based costing applications used by hundreds largest companies throughout the world.
Bestrane is the only authorised representative in Australia who has extensive knowledge in the product suite.
Managed Service:
For organisations who do not want to develop and support in-house capabilities in the area of costing and profitability analysis Bestrane offers an outsourced Managed Service model where our specialist take task of model updates, maintenance and analysis of results.
The manged services model is offers a number of benefits and we urge all clients to seriously consider outsourcing Activity Based Costing analysis to professionals, the advantages include:
- A significant cost savings due to no need to purchase software, hardware and maintain internal staff
- Delivery reliability
- No capex requirements
- Scheduled and predictable payments
- Access to a highly skilled consultants
To learn more about any of our service offerings please contact us.
