What are some effective tools for target costing?
There are several tools for target costing, including cost management software, Excel spreadsheets, and specialized ERP systems.
Can you recommend any specific software?
Sure! Some popular options include SAP, Oracle NetSuite, and ProCost. Each has unique features for target costing.
How do these tools help in the target costing process?
These tools help by providing data analysis, cost tracking, and collaboration features, making it easier to meet cost targets.
Are there any free tools available?
Yes, tools like GnuCash and Google Sheets can be used for target costing without any cost.
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