This service helps business entities design a system, which will measure direct and indirect cost of every service or product, and hence, assist the business entity’s executive management with making critical decisions regarding selling prices, profit margins and/or direct or indirect costs.
The creation of a costing system requires higher skills for design and implementation within automated systems given complexities it involves in order to generate consolidated reports on monthly basis, which will provide details and analyses of balances comprising significant and influential amounts.
What is the added value to business entities from Costing Systems Design?
Enhance cost control.
Provide detailed databases for planning and decision making purposes.
Ensure optimal utilization of resources.
What are the services offered by Baker Tilly?
Costing Systems Design