Practical sheet | REF: FIC1078 V1

Tracking costs in Excel: benchmarks

Author: Lionel PUNTOS

Publication date: May 10, 2014 | Lire en français

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3. The tool's three main objectives

3.1 Standardize cost control methods, processes and tools

The tool must enable users to transcribe the information established in the batch sheets, and to be able to update them as quickly and easily as possible.

This also involves standardizing the data used and the associated assumptions (number of hours worked per month, hourly rates, etc.). The tool will have to transcribe all ERP (Enterprise Resource Planning) data for countries A, B, C and D, enabling users to transcribe their forecasts in a single format.

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The tool's three main objectives