Central Console for Global Cost Management

In today's global economy, business managers face increasing pressure to deliver results faster with fewer resources.

Many seek ways to:

Share costing data and knowledge across the enterprise
Provide accountability for costing decisions
Ensure that costs are accurately reflected across the business
Make relationships with suppliers and partners more efficient
Shorten new product time to market
Support order quoting across multiple business units
Assess vendor viability

icost is at the heart of our product suite.  It provides the central framework for product-collaboration, modeling, and forecasting.  It is designed to provide up-to-the-minute cost visibility to key decision makers across finance, engineering, procurement, marketing, manufacturing, and sales. Our solution includes innovative industry-leading features and in a robust, scaleable, web-based architecture.

Benefits include:

Improved global data – We provide a "single point of truth" across the enterprise allowing your organization to collaborate with real-time data from disparate data sources.

Collaboration – On average, 80 percent of product cost is established in the product-development stage. iCost allows enterprise-wide collaboration across all business units to ensure successful costing of a product from its critical initial stage through the end of its lifecycle.

Data access – iCost provides an "easy to use" interface that allows you to manage information which is often locked away deep inside large transactional systems. Access to this information gives you a comprehensive way to review direct and indirect costs and run financial modeling scenarios ensuring the overall financial health and improving product profitability.

Reduce costs – iCost allows you to leverage your investment in your existing ERP systems through integration with leading software vendors such as SAP, PeopleSoft, JD Edwards and Oracle to provide a secure, web-based tool that is easy to deploy to internal customers as well as third-party partners.

Analytics – A comprehensive review of data variances, impact analysis, “what-if” and “where-used” modeling, provide in-depth support information to the financial supply chain.

Competitive advantage – Total cost optimization of global trade data that allows real-time access to costing data and commodity pricing, allowing you to make time-critical business decisions that anticipate market changes.

Customer service – Real-time data leads to real-time decisions improving customer service both internally and externally.

Click here for iCost Product Features

If you would like to request a product brochure, please fill out our online form.