Activity Based Costing White Paper

How-to: Process Documentation for Time-Driven ABC

An Easier Way to Implement Time Driven Activity Based Costing

Activity Based Costing Implementation White Paper - Time-Driven vs Traditional

Activity Based Costing (ABC) is the key to building accurate and useful models for cost and profitability, and for measuring used and unused capacity. Now, companies can enjoy a new and innovative approach to developing accurate and meaningful cost information––Time-Driven Activity-Based Costing, which directly leverages process documentation to dramatically reduce implementation time and cost.

Our white paper explores some of the weaknesses of traditional ABC and demonstrates how the new Time-Driven ABC overcomes many of these challenges. At the same time, we show how Time-Driven ABC leverages existing process documentation to support the development of accurate and actionable cost information in a cost effective and timely manner.

  • The 6 Advantages Time-Driven ABC has over traditional ABC
  • How Time-Driven ABC creates higher value by providing improved accuracy and transparency, at a significantly lower cost of development and maintenance
  • BONUS: Time Driven Activity Based Costing Example

 

 


 

 

Learn how process documentation can help you easily develop and implement Time-Driven ABC models.

Download our white paper, Leveraging Process Documentation for Time-Driven Activity Based Costing, today!

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