(Kaplan, Robert S. and Anderson, Steven R.)
This costing model become popular in management due to its simplicity on data collection by requiring only the estimates of two variables: the unit cost of supplying capacity; and the time required to perform an activity. However, it is uneasy to implement for most organizations due to its setup cost, like interview and survey people to build the initial model, subjective time allocations and difficulty of maintaining the model updated.
WorkinProject sort this issue out by collecting the data needed on co-workers Timesheets and supply chain management modules, being theses activities transparent to the user. With the all the organizations expenses and all the time spent by activity and co-worker, the software has an algorithm that gives to top management the hourly cost for the whole organization for a given period, including indirect labour and fixed costs, defining this way a baseline for strategical decisions and bidding accuracy, building a solid competitive edge.