A clear route to better strategy
Giving you the data you need to find better value in your business
Activity-Based Costing (ABC) allows you to be more accurate in your evaluation of costs and decisions regarding pricing, but that all starts with gaining a crystal-clear view of the data involved.
As finance and accounting experts well know, ABC cannot be executed correctly without insights into absolutely every activity cost.
A clear route to better strategy
Giving you the data you need to find better value in your business
Activity-Based Costing (ABC) allows you to be more accurate in your evaluation of costs and decisions regarding pricing, but that all starts with gaining a crystal-clear view of the data involved.
As finance and accounting experts well know, ABC cannot be executed correctly without insights into absolutely every activity cost.
Making lost value more visible
In order to reduce overheads, cost drivers and non/low-value activities, you first need to see, identify and understand them. We provide the data for you to see them, and we present that data (via your chosen BI tool) in reports that make the critical cost data easy to identify and understand.
Armed with this knowledge, you’re able to implement strategic change; adapting your business operation for optimal efficiency as informed by reliable, robust data.
Reaping the rewards & avoiding the pitfalls
By deploying the ABC method, you allow your business to make value-based decisions; utilising the learned information to improve practices. However, it’s easy to fall into the costly trap of not seeing the bigger picture of the business’s strategy or not foreseeing how certain changes will impact other areas of the business.
CadDo helps you avoid those pitfalls by ensuring you can always see every cost across all business activities. You can even benefit from additional insights enabled by fully-connected, enriched data unlike any other platform.
Long-term ABC help
We mentioned the all-too-common drawback of unforeseen impacts across other business activities. Well, thanks to CadDo’s continuous live reporting, you’re able to counteract that.
You can keep generating up-to-date reports to stay on top of the impact of your strategic business manouevers; quickly noticing any issues or identifying new areas for improvement to further your growth.