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Activity Based Costing Software

Activity Based Costing Software Reviews and Ratings

What is Activity Based Costing Software?

Activity-Based Costing (ABC) software is a specialized type of financial management tool designed to implement and automate the activity-based costing methodology, which identifies and assigns costs to specific business activities such as production processes, order fulfillment, or customer support rather than relying on traditional volume-based metrics like labor hours or machine time. This software enables organizations to map activities to resources, drivers, and outputs; allocate indirect costs proportionally based on actual consumption; and generate detailed reports, dashboards, and insights for better understanding of true product or service profitability, resource optimization, and decision-making.

It provides profitability analysis, precise cost allocation, and enterprise scalability, and is primarily used by finance teams, business analysts, and executives for strategic decision-making.

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Logo of Microsoft Dynamics 365 Business Central

Microsoft Dynamics 365 Business Central

By Microsoft

4.4
(18 Ratings)

Microsoft enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more. Microsoft is dedicated to advancing human and organizational achievement.

Microsoft Security helps protect people and data against cyberthreats to give peace of mind.

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Logo of Oracle NetSuite ERP

Oracle NetSuite ERP

By Oracle

4.1
(13 Ratings)

Oracle is a cloud technology company that offers computing infrastructure and software solutions globally. This organization has developed an autonomous database, the first of its kind, to help manage and secure data. Oracle Cloud Infrastructure presents functionalities to facilitate the transition of workloads from on-site systems to the cloud, and vice versa, as well as between different clouds. Oracle's cloud software applications provide modern tools designed to support sustainable growth and resilience in businesses. Tools developed by Oracle are used by a wide range of users including nonprofit organizations and businesses of various sizes, to aid in operations like supply chain streamlining, human resource management, financial planning and connecting data and global users. Apart from business solutions, Oracle's technology also aids in tasks ranging from government defense to scientific and medical research.

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Logo of CostPerform

CostPerform

By CostPerform

4.5
(2 Ratings)

CostPerform offers cost and performance management software. It features cost models via a graphical user interface, allocation methods and customizable templates for various industries, providing insights into cost structures and performance metrics.

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Logo of IBM Apptio

IBM Apptio

By IBM (Apptio)

4.5
(2 Ratings)

Apptio, a subset of IBM, provides technology spend and value management software. Its primary business focus is on utilizing AI-based data insights which equip leaders to make more informed financial and operational decisions. Apptio is recognized in fields such as Technology Business Management (TBM) and FinOps, catering to an extensive global user base.

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Logo of Jedox Cost Allocation Software

Jedox Cost Allocation Software

By Jedox

4
(2 Ratings)

Jedox planning and performance management platform empowers organizations to deliver plans that outperform expectations. Over 2,800 organizations in 140 countries trust Jedox to model any scenario, integrate data from any source, and simplify cross-organizational plans across all business systems. Jedox enables a culture of decisiveness and confidence so teams can plan for opportunities, react quickly to changes, and uncover what they didn’t know was possible.

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Logo of Neubrain Cost Allocation Software

Neubrain Cost Allocation Software

By Neubrain

4
(1 Rating)
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Logo of MyABCM

MyABCM

By MyABCM

MyABCM provides software for strategic cost management, designed to facilitate detailed and accurate cost analysis for companies in various industries. The platform supports different methodologies including activity-based costing and absorption costing, and is configurable to organizational needs. MyABCM addresses the need for control and transparency in financial management by simplifying the complexity of cost analysis and enabling organizations to manage costs more effectively through precise information.

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Logo of Pilbara Group

Pilbara Group

By Pilbara Group

Pilbara Group focuses on the development and management of large-scale, complex Activity-Based Cost (ABC) models that assist organizations in accurately allocating financial costs across resources such as people, buildings, and equipment. The company addresses the business problem of needing detailed cost, performance, and predictive models for improved financial management and operational planning. Pilbara Group provides consulting services and solutions for enterprise-wide cost analysis, outsourcing assessments, planning, budgeting, and modeling. The company’s offerings include software that enables organizations to control spending, create budgets efficiently, and access decision-quality information for strategic management.

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Logo of PlaidCloud

PlaidCloud

By PlaidCloud

Tartan Solutions focuses on the execution and reporting of financial modeling systems, with the aim to bolster business performance optimization. Through its expertise, the company addresses the common business issue of enhancing operational efficiency.

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Logo of Tridant Activity Based Costing Software

Tridant Activity Based Costing Software

By Tridant

Tridant Pty Ltd provides consulting services focused on analytics-enabled planning solutions addressing challenges in financial performance management, business intelligence, financial reporting, data visualisation, predictive analytics, and information management. Tridant works with organisations across various sectors such as financial services, mining, oil and gas, supply chain, retail, education, media and entertainment, government, and communications. The company supports public and private sector businesses in improving processes related to planning, reporting, and managing data through the implementation of analytics-based technologies and strategies. Tridant operates in Australia, New Zealand, and Singapore.

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Top Trending Products

Microsoft Dynamics 365 Business CentralOracle NetSuite ERPIBM ApptioCostPerformJedox Cost Allocation SoftwareNeubrain Cost Allocation Software

Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose.

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