1. Home
  2. ERP
  3. Financial
  4. Cost Accounting
  5. Management of Costs

By: Peter Poletti

Posted:

Management of Costs Functions & Features

Feature and functions covered Costs managed using both standard and average costing;Maintains or updates the current or average cost of an item or service;Plans production costs based on demand and forecasting;Assigns user-defined number of cost elements for each cost category;Vertically summarizes cost elements throughout product structures;.. Management of Costs Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Management of Costs Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

Download Now!

The Management of Costs Functions & Features comprise the following elements:

  • Costs managed using both standard and average costing

    For estimating the cost of production overall and average Costs managed using both standard and average costing, Management of Costs Functions & Features

  • Maintains or updates the current or average cost of an item or service

    Maintains or updates the current or average cost of an item or service, Management of Costs Functions & Features

  • Plans production costs based on demand and forecasting

    Plans production costs based on demand and forecasting, Management of Costs Functions & Features

  • Assigns user-defined number of cost elements for each cost category

    Assigns user-defined number of cost elements for each cost category, Management of Costs Functions & Features

  • Vertically summarizes cost elements throughout product structures

    Vertically summarizes cost elements throughout product structures, Management of Costs Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

Compare Now!
Functions and Features