Process costing and optimization
To improve efficiency and reduce costs you need to streamline processes, remove or reduce non value adding activities, and solve problems that cause extra costs.
By using Activity-Based Costing and Process Management you'll get insight into the cost of processes and activities, and what drives those costs. This information is essential if you want to make changes that result in measurable cost savings and improved efficiency.
The Prodacapo software solutions for activity based management and process management enable you to:
- Measure and analyze costs and number of full time employees (FTE) per activity and process
- Prioritize which process improvements or cost reductions will be most beneficial
- Identify non value added activities and decide how to improve them
- Benchmark your business units and identify best practices
Once you've made your changes, you can follow-up to make sure costs don't rise or performance decline. By continuously measuring the unit cost of processes and activities you'll be able to manage efficiency and take steps if costs increase.
Prodacapo Process Management is a powerful solution for process costing and optimization. It uniquely combines both process mapping and process costing functionality in a single solution and helps you achieve measurable results quickly.
Use the Prodacapo solution for 'stand-alone' projects, for process optimization and cost reduction, or “turbo charge” other process improvement initiatives such as Six Sigma and TQM.
Learn more about the Prodacapo software suite.
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