Product Cost Management – a module of EPS’ comprehensive, turn-key Cost Management Suite – is a powerful module that empowers accounting and production management to focus on cost management, profitability and efficiency.

 
With timely and accurate cost information, accounting and production managers will gain a clearer understanding of production costs.

Benefits of Product Cost Management include:

• Supports harmonized cost management, ensuring that product costs can be compared across several manufacturing locations
  
• Support for cost-optimized production planning and scheduling, and purchasing
  
• Makes the monthly closing process faster and more efficient
  
• Easier reporting of inventory value and inventory reconcilement

Features and functionality include:

• Standard product costing
  
• Periodic actual costing
  
• Short-term cost and consumption forecasting based on production schedule
  
• Long-term cost and consumption forecasting based on production plan or sales forecast
  

For more information on EPS Product Cost Management, please contact us today!