Biztimize Product Costing gives cost accountants accurate, BOM-driven cost estimates and production order actuals — so pricing decisions and margin analysis are based on real numbers, not guesswork.
What You Can Do
- Run cost estimates by exploding BOMs against current material prices, resource rates, and overhead absorption rules.
- Perform multi-level cost rolls so the cost of every semi-finished component is included in the finished product cost.
- Compare standard cost vs. actual cost on production orders to identify price and usage variances.
- Analyse cost components — material, labour, overhead, and subcontracting — at any level of the BOM.
- Feed approved cost estimates to CRM quotations so sales margins are calculated from the manufacturing cost up.