Product Cost Management

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.

EPS Product Cost Management

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!