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Effective cost management solutions
iCost-MS provides specialist cost management services to support all types and sizes of businesses to aid cost function improvements.
We aim to define how costs are measured, controlled, integrated and reported throughout your organisation using already established processes and procedures in the most cost-efficient manner.
iCost-MS was established in 2011 and has successfully completed projects within the private and public sectors.
iCost-MS has cost managed multi-million-pound projects, developed existing cost management processes, rolled out robust cost reporting tools and recovered millions of pounds of unbilled vendor costs.
Based in Aberdeenshire, we provide our support to businesses across the whole of the UK.
Our founder, Scott Fraser
Scott has over 20 years experience working in cost management within the private and public sectors and over the last decade has worked on major projects within the energy industry.
Scott is a highly driven and recognised professional with a wealth of skills. He is a strategically driven leader who offers expertise in enhancing cost management, reducing issues and significantly enhancing organisational performance. He is an individual with the experience to drive companies forward; achieving cost management and project controls goals, and the experience and knowledge that would enhance any forward-thinking organisation. Scott holds a degree in Business Studies & Finance from Edinburgh's Napier University and has subsequently studied project management through the Association of Project Management.
Scott’s experiences in cost management has spanned across some of the most commercially and financially challenging times in modern history such as the financial crisis of 2008, the global oil price crash of 2014 and more recently the Covid-19 pandemic.
“I’ve been fortunate to have worked through all of these very challenging times and on reflection when circumstances change, businesses need to re-evaluate their situation and make changes very quickly. In my experience cost management is key in this process and I firmly believe my knowledge on how costs are measured, controlled, integrated and reported have saved and will save organisations, directly and indirectly, millions of pounds"
Cost management processes
Why choose iCost-MS ?
We offer qualified, experienced and adaptable professionals with a proven track record of cost managing multi-million-pound projects, integrating cost functions and recovering millions of pounds of unbilled vendor costs.
- We have successfully completed over £1billion of major projects within the energy industry.
- We will process map an organisation's already established systems, processes and procedures to identify cost function improvements.
- We have a track record of implementing robust cost control functions throughout an organisation and within individual business units.
- We have recovered several million of unbilled vendor costs through improving communication streams, improving billing transparency and setting up robust ageing analysis.
- Our strategy is to offer our clients cost management tools to aid cost function improvements throughout their organisation. Our services will provide you with the tools to make key business and stakeholder decisions.
Contact iCost-MS for first-class business processing support
iCost-MS are here to help your business with a bespoke business processing support package
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