Manufacturing Finance Management Services
Fully grasp the manufacturing costs underlying your business. Silicon Valley’s lost art of cost accounting is alive and well with ZRG’s finance pros.
What is Cost Accounting?
If knowledge is power, then there is always a high incentive to dig into the many layers of information underlying your manufacturing company’s products. Experts in cost management accounting can bring this hidden information to light so that you can discern your fixed vs. variable costs, drill down to know the exact cost of each unit your company produces, make better informed decisions around pricing, and take steps to improve efficiencies and profitability.
Cost Accounting for Manufacturers
If you would like to improve profitability, better understand the drivers of business performance, and identify cost savings opportunities, then you need to get a handle on your manufacturing costs.
Develop a Cost Accounting Structure
Outsourced cost accounting experts can provide complete design and implementation of a cost accounting structure or review your current cost accounting structure for potential improvements and efficiencies. They can manage your cost accounting on an interim basis and then train incoming staff and support the transition for on-staff cost accountants when the time comes. This cost accounting structure can include operational controls around purchasing and the maintaining of the company’s inventory. Ongoing strategic insights and business assessments provided to management will lead to better decision-making.
Where to Find Manufacturing Finance Support
Ready to become a part of the team and understand the unique circumstances of every company they help, ZRG consultants who are masterful at cost accounting pay close attention to detail while also considering the big-picture view. They know where to find the answers and will deftly make inquiries across the organization, whether they need information from the supply chain group or want a better understanding of the sales process. They uncover the gaps and inefficiencies as they pore over physical inventory counts, account reconciliations, journal entries and more.