Services

Eight capabilities, built around one job: knowing your true cost.

Every engagement is scoped to your structure: your Bill of Material, your routing, your billing model, all using globally accepted Cost Accounting practice.

01

Cost Center Accounting, Inventory Valuation & Product Costing

Design and implementation of Material Cost, Material Overheads, Labor Cost, Machine Cost & Overhead Recovery Rate frameworks, mapped to your specific Bill of Material and Routing structure.

02

Standard / Actual Costing Systems

Setup and ongoing maintenance of standard costing, COGS, and variance analysis, covering Purchase Price Variance, Material Usage Variance, and Overhead Variance.

03

Inventory Accounting & Control

Transaction processing systems, automated cycle counts, inventory valuation, and reduction strategies including Just In Time implementation.

04

Performance Management & Balanced Scorecard

Building and assessing Financial and Non Financial KPIs, carried all the way through to payout schemes, so performance management actually drives behaviour.

05

Budgeting, Forecasting & Capex Controlling

End to end budgetary control, budget vs. actual analysis, and Capex reporting mechanisms across Sales, COGS, SG&A, and capital spend.

06

ERP Implementation: Costing & Inventory Modules

Configuration of costing, warehousing, production, planning & Procure to Pay modules on Oracle and Infor (LN, Baan, Fourthshift), built by someone who owns the costing logic, not just the screens.

07

Financial Modelling & Reporting

Cost Volume Profit Analysis, Break Even Analysis, Cost Benefit Analysis, pricing models, and Power BI based variance reporting for ongoing visibility.

08

Industry Specific Adaptation

Frameworks tailored to manufacturing (BOM/routing), trading (stock & margin), or services (job/utilization costing). The methodology shifts to fit how your business actually earns.

ALSO AVAILABLE AS SOFTWARE

Budgeting, as a product.

Our budgeting and profit control methodology, shipped as Niyantrak Budgeting, a desktop application your team runs itself, at a flat INR 8,999 per company for 6 months. It runs alongside the ERP you already use: mirror your chart of accounts, import actuals from Excel, no integration required.

How engagements work

Three steps, from data to decision.

01

Scope & structure. We map your products, services, or SKUs to a costing structure that fits how you actually price and sell, agreed jointly before any work begins.

02

Build & validate. The framework, rate setup, and reporting mechanism are built against your real data, filtered and analyzed to best available accuracy.

03

Handover & support. You receive a working system your team can run, with guidance and tutoring through the transition, not just a document.

Not sure which service fits your business?

Tell us what you sell and how you currently track cost, and we'll tell you what's missing.

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