activity based costing
Activity Based Costing is a scientific approach to Cost Management. Rather than looking at cost as an isolated 'input' variable, it offers a holistic view of cost, in relation to processes, activities, products and customers.
The overall objective is to enable business heads to have total clarity into the nature of costs, on a dynamic basis. This enables superior decision-making on issues such as procurement time, pricing levels or production targets.
ABIS-Pro, our in-house activity based information system has been tested and validated at over 50 companies. It is a software solution that allows you to define cost elements, activities, resources, drivers, performance measures and customers. A highly dynamic and customizable system, it is tightly integrated with accounting and other systems. The benefits of ABIS-Pro include cost as well as process improvements.
For more information on the benefits and features of ABIS-PRO, please visit the technology solutions section.
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