arvato Systems and FACTON form product costing partnership 18/08/2014, Improve costing processes
Partnership to optimize product costing in manufacturing companies
IT-based cost management throughout the entire product life cycle
(arvato Systems) Potsdam/G tersloh -- The IT systems integrator arvato Systems and FACTON, a software firm that offers a product costing software package of the same name, have formed an official partnership. Together they will help manufacturing companies improve costing processes and cut product costs.
arvato Systems is now offering FACTON EPC software as part of its CFO Service initiative to streamline financial processes. FACTON software will supplement the SAP Gold Partner's existing portfolio with a costing solution that customers can deploy in the earliest stages of development. In the development phase you lay the groundwork for costs that will be incurred later on, says Thomas Scharf, Head of CFO Service at arvato Systems. In order to streamline product costs, companies need to be able to identify target and actual costs early on in the process and keep a steady eye on these factors throughout the entire product life cycle. FACTON has developed a software solution that paves the way to this type of active, consistent cost management."
FACTON follows what is known as the Enterprise Product Costing (EPC) approach. All cost-relevant information from existing IT systems is consolidated in a central database. This includes bills of materials and purchased parts data from PLM systems as well as labor costs and machine hourly rates from ERP systems such as SAP. Consequently, employees throughout the entire enterprise can perform costing based on uniform data while simultaneously applying standardized calculation and evaluation processes and methods.
The CFO Service from arvato Systems is the ideal environment for FACTON's EPC solution, explains Axel Weese, Managing Director Sales & Marketing at FACTON. Our mutual aim is to design costing and financial processes in a transparent way. This will help us create a foundation that businesses can build upon to make reliable decisions and safeguard their profitability.
FACTON now has a global partner in arvato Systems with locations in Europe, Asia and North America to help boost international sales. The cooperation partners are primarily focused on the industry, electronics, automotive and plant engineering sectors. They have already acquired their first customer, home and building technology specialist Steinel, a company that manufactures outdoor lighting systems with motion sensors along with heating system technology and industrial components.
About arvato Systems
arvato Systems is a systems integrator with a solid reputation. We not only implement standard software, but also offer tailor-made, industry-specific and individually developed solutions. More than 2,700 dedicated employees at 25 sites throughout the world are always there for their customers. As part of the arvato network, a leading global BPO provider belonging to Bertelsmann, arvato Systems has the unique capability to create entire value chains and combine IT with other arvato services to deliver an integrated service offer from one source. The strength of arvato Systems lies in the intelligent combination of systems integration and planning, operation and support.
arvato Systems special CFO Service portfolio helps customers optimize financial processes and bundle a wide variety of information into relevant CFO topics that cover the entire consulting and project life cycle.
arvato Systems customers appreciate the company's ability to blend in-depth industry expertise, multi-vendor technological knowledge, true partnerships and genuine entrepreneurial spirit. arvato Systems solutions pave the way to success. www.arvato-systems.com, www.cfo-service.de
About FACTON GmbH
FACTON is the leading Enterprise Product Costing (EPC) solution for the automotive, aerospace, mechanical engineering and electronics industries. FACTON enables standardized, enterprise-wide costing independent of location and department for maximum product cost transparency. This allows FACTON to unify the business-oriented view of the products and the technical standpoint of engineers. Now the costs of complex products can be monitored early on and throughout every phase of the product life cycle. FACTON helps businesses accelerate their costing so they can achieve pinpoint cost accuracy and secure profitability.
FACTON GmbH offers the Enterprise Product Costing solution of the same name. The company was founded in 1998 and has locations in Dresden, Potsdam, Stuttgart and Detroit. Hasso Plattner, founder and chairman of the supervisory board of SAP AG, has supported this innovative company since 2006. The company's customers include Airbus, Behr, Deutz, MANN+HUMMEL and Porsche. FACTON's goal is to work with leading consultancy firms and research institutions to establish a unified cost management standard. www.facton.com
PDF-Download
Most recent headlines
05/01/2027
Worlds first 802.15.4ab-UWB chip verified by Calterah and Rohde & Schwarz to be ...
01/06/2026
January 6 2026, 05:30 (PST) Dolby Sets the New Standard for Premium Entertainment at CES 2026
Throughout the week, Dolby brings to life the latest innovatio...
01/05/2026
January 5 2026, 18:30 (PST) NBCUniversal's Peacock to Be First Streamer to ...
01/04/2026
January 4 2026, 18:00 (PST) DOLBY AND DOUYIN EMPOWER THE NEXT GENERATON OF CREATORS WITH DOLBY VISION
Douyin Users Can Now Create And Share Videos With Stun...
08/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
08/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
08/01/2026
Maxon's new release of Cinebench features performance enhancements and adds support for the latest Nvidia and AMD GPUs as well as Apple Silicon.
Maxon is t...
08/01/2026
Zixi, the industry leader in IP-based video transport and orchestration, today announced the appointment of Heather Mellish as Vice President, Global Sales.
In...
08/01/2026
Pebble, the leading automation, content management and integrated channel specialist, has provided a complete update of its installation at Canal Sur in Spain. ...
08/01/2026
iWedia, a global leader in software solutions for connected TV devices, proudly announces the success of its collaboration with Panasonic on the Z95B OLED TV, o...
08/01/2026
Secuoya Chile, a leading provider of television content creation and supporting services, has invested in Ikegami UHK-X600 and UHL-X40 broadcast cameras as the ...
08/01/2026
Kiloview, a global leader in AV-over-IP solutions, will showcase its latest innovations at ISE 2026, highlighting the continued evolution of its complete, light...
08/01/2026
iWedia, a global leader in software solutions for connected TV devices, and Realtek, a leading global SoC design house, today announced the next phase of their ...
08/01/2026
CJP Broadcast has completed a new pitch-side media installation for Cinderford RFC, creating a flexible production setup that supports match coverage, coaching ...
08/01/2026
PlayBox Neo further drives momentum in Playout, Streaming, Media Management and Delivery
"With a brand new year at PlayBox Neo already off to a flying start, I...
08/01/2026
Boston Conservatory at Berklee Presents Second Annual Commercial Dance BFA Conce...
07/01/2026
SVG Summit 2025: All General Sessions Now Available to Watch on SVG PLAYThe SVG Summit celebrated its 20th edition with a loaded agendaBy Brandon Costa, Directo...
07/01/2026
NBCU's Brings Rinkside Live' and Courtside Live' Features to Peaco...
07/01/2026
Spotify is launching a week-long celebration spotlighting creators at the center...
07/01/2026
We know people use Spotify not just to listen, but to share the songs, podcasts, and audiobooks they love with their friends and family. When we launched Messag...
07/01/2026
This week, all eyes are on the podcast industry as the Golden Globes recognizes ...
07/01/2026
Podcasts are stepping onto a new stage this week as the Golden Globes recognize the medium for the first time. To mark this milestone moment, we're hosting ...
07/01/2026
The National Film and Video Foundation (NFVF), in collaboration with a distributor, is commissioning new micro-budget fiction feature films and invites eligible...
07/01/2026
NASA's Space Launch System rocket carrying the Orion spacecraft launches on the Artemis I flight test, Wednesday, Nov. 16, 2022, from Launch Complex 39B at ...
07/01/2026
For the first time ever, new C' variants allow international users to interoperate with U.S. personnel via NSA-certified cryptography....
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Share Share by:
Copy link
Facebook
X
Whatsapp
Pinterest
Flipboard...
07/01/2026
Abu Dhabi, UAE 7, January 2026 - Abu Dhabi Police and Space42 (ADX: SPACE42), ...
07/01/2026
Back to All News
The Trailer of Paparazzi King: The 5-Episode Docuseries Coming...
07/01/2026
Back to All News
Netflix Supports Warner Bros. Discovery Board's Commitment...
07/01/2026
Back to All News
What Next? Netflix Reveals Series, Films and Games Coming in 2026
Entertainment
07 January 2026
Global
Link copied to clipboard
Download ...
07/01/2026
AI has transformed retail and consumer packaged goods (CPG) operations, enhancin...
06/01/2026
Peacock Bringing Dolby Vision and Dolby Atmos to Live Sports ContentPeacock is the first streamer to embrace Dolbys full suite of advanced picture/sound innovat...
06/01/2026
SVG Europe Audio: Listening to the sounds of powder and ice at Milano Cortina wi...
06/01/2026
Quintar Meta Spatial SDK Integration Promises Next-Level XR ExperiencesBy Ken Kerschbaumer, Editorial Director
Tuesday, January 6, 2026 - 9:41 am
Print This...
arvato Systems and FACTON form product costing partnership 18/08/2014, Improve costing processes 
