Master the Art of Costing-From Floor-Level Tracking to Strategic Pricing

Track costs, control overheads, analyze profitability, and estimate with confidence in one place.

ESS_whatis_1

Raw Material & Component Cost Tracking

Capture real-time costs of raw materials and components across the supply chain. Maintain transparency in procurement, storage, and consumption costs.

ESS_whatis_1

BOM-Based Cost Calculation

Leverage multi-level BOMs with routing, wastage, and overhead integration. Get precise costing insights for every manufactured product or assembly.

ESS_whatis_1

Landed Cost Computation

Automatically factor in freight, duties, customs, and other import costs. Ensure true landed pricing for imported goods and raw materials.

ESS_whatis_1

Direct & Indirect Cost Allocation

Map labor, consumables, utilities, and subcontracting to operations. Enable automatic, rule-based allocation to jobs, batches, or departments.

ESS_whatis_1

Overhead Costing – Factory, Admin, Selling

Spread fixed and variable overheads across cost centers and activities. Use actual or standard methods to reflect the true product cost impact.

ESS_whatis_1

Inventory Write-offs & Cost Adjustments

Handle scrap, obsolete stock, and revaluation with traceable controls. Support audit-ready cost correction with full approval workflows.

ESS_whatis_1

Multi-Method Cost Valuation

Choose from FIFO, LIFO, Weighted Avg., Standard, Market Rate & more. Align inventory valuation with your costing policy and compliance needs.

ESS_whatis_1

Process & Job Order Costing

Track costs stage-wise in production or per customer-specific job. Gain end-to-end visibility from material consumption to finished output.

ESS_whatis_1

Activity-Based & Absorption Costing

Assign costs based on real usage or pre-set absorption rates. Reflect true operational costs by linking to actual business drivers.

ESS_whatis_1

Machine & Labor Cost Tracking

Log machine runtime and employee hours with the auto-rate application. Enable accurate cost capture tied directly to work orders or tasks.

ESS_whatis_1

Budget vs Actual Analysis

Compare planned budgets to live costs by job, order, or department. Uncover cost overruns early and optimize spending decisions

ESS_whatis_1

Profitability & Margin Analysis

Analyze profit margins by product, project, customer, or region. Quickly identify areas of cost leakage and pricing inefficiency.

ESS_whatis_1

Real-Time Market Price Updates

Link material rates to market feeds or vendor price lists. Auto-refresh costing to reflect current trends and pricing shifts.

ESS_whatis_1

Profit & Loss Integration

Feed costing data directly into your P&L and financial dashboards. Ensure consistency between operational costs and accounting reports.

ESS_whatis_1

Subcontracting Work Orders

Track outsourced job costs with linked work orders and transfers. Ensure subcontractor expenses are accurately applied to production.

Interactive Demo

Experience Intelligent Costing- From Estimation to Profitability

Try our interactive demo and see how real-time costing, overhead allocation, and job-level profitability insights help you price competitively and grow profitably.

screenshot

Ready to Experience the Future?