Cost accountants often lack the skills to build and validate cost accounting systems, leading to inherited, unexplained, and potentially incorrect cost data.
Existing cost accounting education and software focus on applying standard templates and reporting, but do not guide users in constructing a cost system from the actual manufacturing floor reality, nor in documenting the logic behind each cost allocation decision.
CostLogic Builder
A software platform that guides cost accountants through designing, validating, and documenting cost systems based on real shop floor data. It prompts users to define cost drivers, challenge assumptions, and generate clear explanations for every allocation choice, ensuring the system is transparent and defensible.
- Step-by-step wizard for building cost models from floor observations
- Automated documentation of cost allocation logic and assumptions
- Real-time integration with production data to validate BOMs, routings, and rates
- Scenario analysis to test impact of volume changes, mix shifts, and downtime on costs
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