"With the guidance and leadership of the Exceder Group, we developed and implemented processes, procedures and a control structure for our manufacturing division. Their knowledge in this area was exemplary”
|Manufacturing & Distribution Accounting|
Manufacturing and distribution accounting utilizes a variety of financial cost and inventory valuation techniques for product costing and inventory valuation. Once implemented, these product cost techniques provide a more thorough understanding of cost drivers and improved product cost knowledge which can lead directly to improved business decision making, business performance, inventory management, and employee morale.
Benefits of Manufacturing and Distribution Accounting
Benefits realized by implementing these product cost and inventory valuation techniques include:
Improved Understanding – enables management to make sound decisions - based upon cost data that management understands and has confidence in
Cost Reduction - savings from implementing proper costing and valuation techniques are substantial.
Inventory Valuation - sound valuation techniques reduce variability and audit time and increase confidence in the final outputs.
Improved Service Levels - management realizes better utilization of resources by eliminating redundancy and manual tasks that consume time and effort.
How Exceder Group Can Help Your Organization
Exceder Group can help organizations develop and optimize manufacturing and distribution accounting. Our risk-based approach is designed to assist organizations through the difficult decisions they need to make, and we can help them navigate the tasks that are required to successfully implement manufacturing and distribution techniques.