Cost Control Services
"Being Competitive in The Dynamic Business Environment"
Our team is ready to help you on cost strategy development, controls, execution.
- Resource Planning
- Estimating the cost
- Preparing & executing the Budget
- Controlling the cost
- Study the cost control requirements and priorities for the key process
- Analyze the cost with respect to controllable and non-controllable categories
- Shortlist the high impact process to get the highest ROI (e.g. Converting Fixed cost into Variable, infusing technology, Human resource training, capacity utilization)
- Implement identified cost control measures and ensure ROI
- Designing Cost Analytics
- Software / technology application
- Cost processes and methodologies
- Enhancing controls across processes
- Setting up KRA/KPI of Costing & Process Owners Team
- Cost Accounting standards implementation
- Fast close periodic Cost accounting reports
- Participating in key policies development
- Support on cost auditing requirements
Customization & Prioritization can be developed as per the business requirements.
Why Strateworks
- Practical & implementation approach
- Proven track record of quality
- Multiplied value addition
Differentiators
- Collective & diverse experience of large team leads to best used practical solutions & cross pollination of best practices in the Industry.
- ROI focused approach.
- Clear cut roadmap will develop the costconscious culture in the organization.
- Focus on system-based cost analytics
- Systematic in our approach to ensure the results
Engagement Model
Onsite & Offsite deputation of team consisting of Chartered Accountants / Cost Accountants / MBAs – Freshers & Experienced team members combination to optimize the fees & performance.
- To increase Return on capital employed
- To increase volume of profit with minimum output and sales
- To increase the productivity with available resources
- To ensure optimum utilization of available manpower
- To use all factors of production and resources effectively
- To make organization more competitive with competition Onsite & Offsite deputation of team consisting of Chartered Accountants / Cost Accountants / MBAs / BComs – Freshers & Experienced team members combination to optimize the fees & performance.
Why to control cost?