Activity Costing A powerful tool to help you manage and analyse the activities that drive your revenues and costs. Every organisation should be aware of the activities that come together to form their cost centres. The concept of Activity Based Costing has been around for some time, but gathering together, managing and manipulating the data required is not always easy. Often, the core finance system holds information at a level that only serves financial and budgetary management purposes. But there are other external systems holding valuable operational data, that, if combined with finance information, could give far greater insight and visibility of how money is made and lost. Click here to see a flash animation of how Activity Costing works. |
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