Collecting direct labor time is still a handwritten process- Indirect labor costs seem excessive - but nobody knows why
- It takes days or weeks to come up with the final cost of a job
- Job costing is mostly guesswork due to poor data visibility
- Actual costs regularly exceed estimates by more than 10%
- You don’t know how much inventory you have or how much it costs
- You can’t determine if margins are correct
- You lose jobs to competitors who can track their costs in real time
- Job costing is a historical rather than real-time process
Track direct labor down to the penny for each job and job sequence- Identify and eliminate wasteful indirect time
- Estimate and quote with precision
- Track material costs in real time as jobs move through the production process
- Compare actual versus estimated costs while the job is in progress
- Know exactly what you have in inventory and what it costs
- Ensure margins are correct by knowing your true costs
- Easily track and build costs for large projects that take months to complete
- Drive cost out of your production process while maintaining margins
