The term cost management refers to the totality of all procedures and processes that aim to efficiently and effectively dimension and structure a company’s costs. In addition, all measures to reduce costs also fall under this term.
Cost and performance accounting with the tasks of planning, controlling and monitoring operational areas and processes is an essential part of cost management. A functioning cost and performance accounting system provides company management with information about operational activities and enables operational risks to be identified and responded to at an early stage.
In the area of cost and performance accounting, we offer the following services:
Analysis and optimization of cost structures Introduction of budgeting Implementation of cost and performance accounting systems Implementation of control and planning mechanisms Employee training (e.g. contribution margin accounting, planned cost accounting, etc.)
With all of our know-how, we support you in optimizing your cost structures and thus realizing savings potential.