Who is Focost?
"Though no one can go back and make a brand new start, anyone can start from now and make a brand new ending.” (Carl Bard). Focost is a Gauteng based business in the management consulting industry in South Africa and considers itself to be a “Leader in Cost Focus Strategy", nationally and internationally. Focost is specializing in Activity-Based Costing (ABC) and Activity-Based Management (ABM) in conjunction with various Cost Engineering (CE) applications. "What cannot be measured, cannot be controlled.” In current and expected future ever changing, intricate, volatile and demanding business requirements, cost in all organizations has become a much more focused and emphasized component of all enterprises. Being a leader in cost focus strategy, Focost promotes best cost modelling solutions and build cost strategies to ensure improved profitability and sustainability in organizations. Focost professionally provides in the needs of organizations who want to understand better what their cost strategies and systems ought to be through applying in depth knowledge, experience, competencies, skills and academic/professional institutes' qualifications to find solutions for improved cost control and gain better understanding of how their cost strategy integrates, and is in congruence, with their organisation's overall strategy goals. Research revealed that good results have been achieved by some organizations who identified improvement opportunities and that it is possible that a first year payback of 15-20 times the investment in the ABC & M project, is achievable. We believe in the approach of learning by doing as this enables the organisation to develop its own internal team and eliminates the need for full time outside support.