Dedicated to making world-class cost management accessible.
From our home in Porto to clients around the world, we bring rigour, transparency, and genuine partnership to every engagement.
Born from a simple conviction
Founded in Porto, Cost and Profitability Consulting was born from a simple vision: to bring Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) within reach of every business, regardless of size.
Our founders, Miguel Guimarães and Irina Costa, recognized that many SMEs and mid-market companies lacked the tools and expertise to truly understand their cost structures. They partnered to create a consulting practice that combines deep technical knowledge with pragmatic implementation methodologies.
Today, we serve businesses globally, helping them unlock profitability insights and make data-driven decisions. Our work is grounded in rigour, transparency, and genuine partnership with every client.
Our Mission
Make world-class cost management accessible to every business, enabling informed decisions and sustainable profitability growth.
Our Approach
Hands-on, data-driven, and tailored ABC / TDABC implementation that fits your business reality, not a one-size-fits-all template.
Our Values
Transparency, rigour, and partnership. We believe in honest dialogue, meticulous work, and relationships built on trust and results.
Meet the Founders
Miguel Guimarães
Engineer by training, Miguel founded Cost and Profitability Consulting to bring Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) to SMEs. With global client experience, he leads our methodology development and client engagements. He is also the co-founder and architect of CostCtrl, a cloud platform purpose-built to implement TDABC, with AI in the build loop.
Irina Costa
Irina drives the administrative and commercial side of Cost and Profitability Consulting. With a strong background in business management, she oversees client relationships, partnerships, and operations, ensuring every engagement runs smoothly from first contact to final delivery.
A decade and a half of costing and profitability.
From the Damco cost-to-serve case in Amsterdam in 2009, through a firm founded in Porto in 2010, to a stage in Serralves, SAP classrooms across six countries, and workshops from Brazil to the Gulf.
Amsterdam: the Damco cost-to-serve case.
A year before the firm exists, Miguel Guimarães presents Damco's use of Time-Driven ABC for menu-based pricing at Managing for Profit, Amsterdam RAI, on the same one-day programme as Robert S. Kaplan.
The firm is founded in Porto.
Cost and Profitability begins, built on one idea: costing done with enough depth to be trusted in the boardroom.
Serralves: Gary Cokins and seven world leaders.
Read the storyWe convene Business Performance Management Trends for a sold-out auditorium, with Porto Business School and the Porto City Council.
Official SAP Education trainer.
Read the storySAP selects Miguel Guimarães to train its own consultants on SAP PCM and SAP PaPM: 8+ trainings across six countries.
TDABC workshops in Brazil.
Three years running, executive workshops on Time-Driven Activity-Based Costing for Brazilian teams.
On stage at The Costing Conference, Amsterdam.
Read the storyGuest speaker on using TDABC to drive strategic planning and profitability, with a live distribution case study.
Three days of costing in Saudi Arabia.
Read the storyA TVTC-certified executive workshop for the logistics sector, run for the Asharqia Chamber.
What people take away from a day with us.
“A methodology for the future of organisations. It was enriching, and it gives you tips you can actually apply.”
“A methodology with strong practical application across every part of the business.”
“Time-Driven is a pivotal tool for supporting decision-making and running a company.”
“The workshop exceeded my expectations.”
“The workshop exceeded my expectations; the trainer is quite to the point.”
Sectors whose teams we have trained or worked with.