Cost Control

Introducing Cost-Control, the cutting-edge software module that puts you in full control of your costs in real-time. With Cost-Control, you can easily track and monitor your engaged costs over time, giving you unparalleled visibility into your financial performance and empowering you to make informed decisions to achieve your targets with ease.

Cost-Control seamlessly integrates information from other software modules such as My-Purchases and My-Storeroom, providing a comprehensive view of your costs across the entire procurement and inventory management process. This holistic approach allows you to accurately predict how the month will be closed from a financial perspective, giving you the insights you need to proactively manage your costs and optimize your financial performance.

With its advanced predictive analytics capabilities, Cost-Control provides valuable insights into cost trends, patterns, and forecasts, enabling you to make data-driven decisions about cost management. You can easily track and analyze your engaged costs in real-time, identify cost drivers, and take proactive measures to optimize your spending and improve profitability.

The user-friendly interface of Cost-Control makes it easy for you to navigate and visualize your cost data. You can easily access comprehensive cost reports, dashboards, and visualizations that provide a clear overview of your cost performance. From tracking overall costs to drilling down into specific cost categories, suppliers, or time periods, Cost-Control gives you unparalleled visibility into your financials, empowering you to make informed decisions and take strategic actions to achieve your targets.

Cost-Control is unparalleled to anything on the market at the moment, providing you with a powerful tool to optimize your cost management processes and improve your financial performance. With its seamless integration with other software modules, advanced predictive analytics capabilities, and intuitive user interface, Cost-Control is the ultimate solution for gaining full visibility and control over your costs. Say goodbye to financial surprises and confidently manage your costs with Cost-Control.

Report - OPEX Spend

Full visibility on received, ordered and for-approval orders for the selected month

Complete view of all cost with imapct in the monthly cost results

Split per requisitioner and per spend type - see with ease who engaged the most spend

Linked with consumptions pending and processed from Storeroom

Ideal for decision making when end-of-the-month budget must not be surpassed

Month close-out report of all spare-part movements

Logic-based similar to how a blockchain functions

Inventory previous month + INs - OUTs = Inventory current month

Detailed view on stock aging per requisitioners

Full traceability from order to full-consumption

According to finance laws of country where used (e.g. split transport cost)

Insightful cronological details for every movement

Navigate through the history of what-happened with ease

Color coding for easily digestable understanding

Export to excel if that is your spreadsheet of choice

Item pricing rules can be set as moving-average or actual purchase-price

For romanian companies, it's linked to the national bank official exchange-rate

Data visualisations that build custom for you

And a plethora of reports to match your reporting needs

Fast-cycle of custom reports development

Utilize pareto charts to aggregate the spend for a period

Rich data model for integration with Microsoft Power BI

Track spending vs CAPEX projects with focus on overspend compliance

Let's imagine a real life scenario...

1

A report like the OPEX-Spend presented above

-> how long do you think it would take you to prepare something like that?

-> how fast can you replicate it tomorrow?

-> we've managed to generate it both from DEVS as well as from SAP

2

Let's say you want to analyze the spend per suppliers for the last year

-> how would you aggregate the data?

-> would you split it after per cost type?

-> are you interested in their on-time and in-full compliance?

3

You want to see what is the cause for the inventory increase of last month

-> maybe you don't remember authorizing that increase

-> shouldn't parts be consumed naturally when doing preventive maintenance?

-> is your team ordering parts and services in a responsable manner?

4

You want to make your team more aware of where you are vs. budget

-> will you make an Excel chart, copy-paste into Powerpoint, print it and post it on the board?

-> how often would you update it?

-> wouldn't it be cool to have a real-time Power BI dashboard with the data?

5

In the end, you want the feeling of control and knowledge over what's happening

-> we understand, we've been there - that is how this app came to life

-> all these details one-click away, why not?

-> never be taken by surprise again | be in control of your budget!

Imagine having this information at your fingertips

-> you know when something arrives for approval if the budget allows it

-> easily see when somebody oversteps their budget

-> robust logic to prevent clerical errors

15

requisitioners

100K

monthly budget

200

spend lines

∞

scenarios

gain control and visibility with Cost Control ->