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Summary.
As companies grow from small to midsize, they inevitably arrive at a point where systematic cost analysis — a regular, automated process of evaluating all costs — is critical to their survival and continued growth. Small companies with just a few services or products can check manually to make sure they understand their costs well enough to price them and turn a profit. When material and labor costs are stable and predictable (as they were for most of the last decade), pricing and costing isn’t a huge challenge.