By capturing every cost component—purchase price, duty, levy, transport and overheads—across all purchased materials including finished goods, semi-finished goods, packaging, and raw materials. With real-time cost roll-up through the Bill of Materials and precise allocation of shared costs by value, weight, volume, or unit, it ensures accurate stock valuation and supports smarter pricing, procurement, and inventory decisions. By aligning cost data across departments, the module enables better margin control, compliance, and strategic decision-making, while helping to reduce working capital tied up in inventory.
Total Cost Clarity with the Costings Module
Gain complete visibility into the true cost of your products with the Costings Module—your central tool for calculating, analysing, and presenting every element of landed cost. From purchase price and transport to duties, levies, and other associated charges, this module captures all components to build a complete picture of cost per product. It applies consistently across all purchased materials, including finished goods, semi-finished items, packaging, and raw materials—so you can make smarter, margin-protecting decisions with confidence.
End-to-End Cost Transparency through the BOM
Track real-time cost changes and see their impact across the full Bill of Materials (BOM). The Costings Module dynamically rolls up costs through each level of production, accounting for both direct inputs and overheads. Whether you're updating material prices or adjusting for supply chain variances, the system reflects those changes instantly—providing an accurate, current view of product costs from raw material to finished goods and enabling more precise stock valuation at any point in time.
Precision Through Apportioned Cost Allocation
Stop guessing and start allocating with accuracy. The module uses apportioned cost purchase orders to split shared costs—such as freight or customs fees—by value, weight, volume, or unit, ensuring overheads are assigned fairly and consistently across products. This not only sharpens your cost models but also enhances reporting accuracy and supports compliance with financial standards.
Optimise Working Capital, Maximise Value
With accurate landed costs and real-time valuation, you can make more informed procurement and inventory decisions—reducing buffer stock, avoiding over-investment, and ultimately lowering working capital requirements. By knowing exactly what your stock is worth and what it costs to bring it in, your teams can free up cash tied in inventory while maintaining service levels and profitability.
Strategic Costing for Smarter Business Decisions
With live data, configurable cost drivers, and intelligent allocation, the Costings Module equips your procurement, finance, and commercial teams with a single source of truth. From pricing strategies to supplier negotiations, profitability analysis, and capital efficiency, you’ll have the insights you need to act decisively—protecting margins and unlocking value at every step of the supply chain.
We’re happy to speak with you about how any module can be seamlessly integrated into your business systems landscape.