Description: Overhead recovery is an essential process in financial management that allows organizations to identify and recover expenses that are not directly related to the production of goods or services but are necessary for the overall functioning of the company. These costs can include administrative, marketing, infrastructure, and other overhead expenses that, while not directly assignable to a specific product or service, are crucial for operational success. In the context of financial operations and cost optimization, overhead recovery becomes even more relevant as companies seek to maximize the efficiency of their technology investments and minimize waste. Through appropriate tools and strategies, organizations can track these costs, allocate them to different departments or projects, and ultimately ensure they are effectively recovered. This not only enhances financial visibility but also enables more informed and strategic decision-making, aligning indirect expenses with overall business objectives.
