Picking the Right Driver Is Important To More Than Just Your Golf Game
In the beginning, cost accountants used allocation rates as the way to distribute overhead costs to the products manufactured. These rates were based on direct labor hours since manpower was typically...
View ArticleThree Requirements of an Effective Cost Management System – Part 1
In this three part blog, we’ll discuss the three requirements of building and implementing an effective cost management system for complex manufacturers. First up is the need for complex and process...
View ArticleThree Requirements of an Effective Cost System – Part Two
In part one, we examined the role of having a complete view of costs that extends beyond just the cost to manufacture products. Here, we’ll drill down on product costs and discuss how multiple sets...
View ArticleThree Requirements of an Effective Cost System – Part Three
In the first two parts of this blog, we’ve talked about the importance of having a complete view of costs and how multiple sets of product costs are critical for decision making. In this final...
View ArticleERP Implemeneters: Stop Reinventing the Costing Wheel
Have you ever advised your customer to customize their ERP system? If you’ve been involved in at least one ERP implementation, the answer to that question is probably “yes”. But the first question...
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Top Eight Warning Signs You Have a Dysfunctional Costing System – Part 1
Last week I was sitting at my desk trying to think of a blog topic, and the ideas were coming slowly. Since our team has started blogging, my usual well of ideas has dried up because everyone’s...
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What does it cost us to produce this product?
Sound familiar? This question is asked countless times by a variety of people inside a business – operations accounting, plant accounting, sales and marketing, and even research and development. In...
View ArticleClik here to view.
Top Eight Warning Signs You Have a Dysfunctional Costing System – Part 2
The book Designing Strategic Cost Systems: How to Unleash the Power of Cost Information by Lianbel Oliver has a great list of warning signs that may indicate that your company’s costing system is...
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Operations vs. Finance
Operations and finance managers have the same goal, helping their companies grow profits. But if you’ve participated in an executive team meeting, you know that these two groups often disagree with...
View ArticleClik here to view.
The Five W’s (and one H) of Designing Cost Systems
There comes a point in every process manufacturing organization when you know that you need a robust cost accounting system. Whether you choose to build a system from scratch, or purchase and...
View ArticleClik here to view.
3C Software Makes List of Top 20 Most Promising Enterprise Software Companies
This month’s CIOReview highlights the top 20 most promising enterprise software companies, and we’re thrilled to be included in the list! Check out the interview with 3C Software President & CEO,...
View ArticleClik here to view.
What does it cost us to produce this product?
Sound familiar? This question is asked countless times by a variety of people inside a business – operations accounting, plant accounting, sales and marketing, and even research and development. In...
View ArticleClik here to view.
Top Eight Warning Signs You Have a Dysfunctional Costing System – Part 2
The book Designing Strategic Cost Systems: How to Unleash the Power of Cost Information by Lianbel Oliver has a great list of warning signs that may indicate that your company’s costing system is...
View ArticleClik here to view.
Operations vs. Finance
Operations and finance managers have the same goal, helping their companies grow profits. But if you’ve participated in an executive team meeting, you know that these two groups often disagree with...
View ArticleClik here to view.
The Five W’s (and one H) of Designing Cost Systems
There comes a point in every process manufacturing organization when you know that you need a robust cost accounting system. Whether you choose to build a system from scratch, or purchase and...
View ArticleClik here to view.
Picking the Right Driver Is Important To More Than Just Your Golf Game
In the beginning, cost accountants used allocation rates as the way to distribute overhead costs to the products manufactured. These rates were based on direct labor hours since manpower was...
View ArticleClik here to view.
Three Requirements of an Effective Cost Management System – Part 1
In this three part blog, we’ll discuss the three requirements of building and implementing an effective cost management system for complex manufacturers. First up is the need for complex and process...
View ArticleClik here to view.
Three Requirements of an Effective Cost System – Part Two
In part one, we examined the role of having a complete view of costs that extends beyond just the cost to manufacture products. Here, we’ll drill down on product costs and discuss how multiple sets...
View ArticleClik here to view.
Three Requirements of an Effective Cost System – Part Three
In the first two parts of this blog, we’ve talked about the importance of having a complete view of costs and how multiple sets of product costs are critical for decision making. In this final...
View ArticleClik here to view.
ERP Implemeneters: Stop Reinventing the Costing Wheel
Have you ever advised your customer to customize their ERP system? If you’ve been involved in at least one ERP implementation, the answer to that question is probably “yes”. But the first question...
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