Pricing
Monthly or yearly billing
No limitations on amount of users
Pricing per group company
The price includes the implementation of the software.
The initial program configuration is done based on the customer’s preferences and the provided test data. The customer can, if desired, independently modify the configuration later. The customer is responsible for creating and maintaining allocation rules, and Honeyplan can assist as needed at no additional cost.
We are pleased to receive product development needs from our customers. We continuously improve the product based on feedback.
Why is Cost Grinder the choice for a results-driven financial leader?
To clarify the cost structure. With the Cost Grinder program, a company gains a deeper understanding of how and where costs are allocated. This more detailed information helps make more informed decisions and strategic choices.
Increasing consistency. In many diversified companies or those with multiple business units, it can be challenging to determine how shared costs should be allocated. The Cost Grinder program can help ensure that shared costs are allocated consistently.
Increased transparency: When costs are allocated systematically and consistently, it creates greater transparency throughout the organization. This can help reduce internal conflicts and enhance understanding of how resources are utilized.
Improving efficiency and cost savings. When a company has a clear understanding of its cost structure, it can identify potential inefficiencies and target efficiency measures more precisely. For example, if a specific department is using a disproportionate amount of resources compared to the value it generates, this can be examined more closely.
Enables better budgeting and forecasting.
Reduces manual work and errors.
Versatile allocation methods
Direct Allocation
A simple and straightforward way to allocate costs directly to products or services.
Step-Down Allocation
Takes into account more complex cost structures, such as internal and external services.
Other common allocation methods
By combining the two aforementioned methods, the most common allocation methods can be produced, such as the Reciprocal method, Activity-Based Costing (ABC), and Proportional allocation.
Integrated and customizable
Cost Grinder is ERP-agnostic and can be customized to meet your company’s specific needs. It supports data from all of the group’s companies and even allows for balance sheet roll-downs.
How it works?
Simple data transfer
The costs are imported from the ERP system to Cost Grinder.
Cost allocation
According to allocation rules, costs are rolled down to more precisely defined dimensions.
Results
The result is exported back to the ERP system, achieving more precise reporting.
As a financial leader, you have the power and responsibility to influence the future of your company. Cost Grinder provides you with the tools to do so efficiently.
Ask for more information and book a demo today.
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