Simplify Activity Based Costing

"Understanding your activity based costs is the difference between profit and loss. Insight gives you an accurate accounting of the full cost of accomplishing mission crtitical goals, high priority tasks, projects, and day-to-day activities."
- Ron Franke, CEO Work Informed^®, Inc.

With Insight's flexibility, you get the clarity and detail you need to manage your resources effectively. You have the opportunity to identify activity and asset costs for your organization as a whole. Depending on your desired level of detail you can understand the costs of managing assets, job sites, work flows and projects, job and work activity categories, individual staff, and suppliers such as contract staffing. With Insight, you can account for any of your job costs, such as: staff resources, material and supplies, rental equipment, travel time, transportation, and mileage, and per diem.

Tools to Analyze Costs
Insight's cost tools give you the opportunity to ask the cost related questions, for example what are the costs:

For the work activities performed by this individual?
To attend this trade show?
To acquire and maintain this asset?
To complete this quality process?
To acquire and support this specific customer?
To design and build this product?
To manage the release of a product?
To create and manage this advertising campaign?
To create the yearly budgets and plans?

Improve Budgetary Accuracy
Budgetary accuracy is derived from timely resource and expense information that encompasses all activities that go into a cost object, such as a work activity, process, project, or service. With Insight, you will be able to:

Trace operating costs and capital charges to key activities.
Identify the total cost for each business processes.
Link activities to processes and identify cost drivers.
Illustrate opportunities for more cost efficiencies.

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