A Cost Variance Plan, also know as a Budget Variance Plan, tracks the difference between planned expenditures and actual expenditures. Each business is unique, the Cost Variance Plan will also be unique to your business and it's processes and can give you the ability of foresight vs hindsight.

Cost Management Procedures include reviewing and authorizing expenses before entry into your accounting system. Each expenditure is track in a budget line item for comparison to the original plan. Variances are produced for further analysis and reporting.

Cost Management Analysis & Reporting includes producing and analyzing data and analysis reports. This process can enable you to improve your company's profitability by giving you the ability to identify, manage, control and in some cases, eliminate expenses. You can make informed decisions and safeguard your bottom line.

The Change-Control Process allows for flexibility in your Plan. Unplanned for items can be added or removed from the original plan to allow for cleaner reporting and decision making. For example, quarterly changes can be made in fluid economic conditions.