Understanding profitability and cost is fundamental to improving performance.  Profitability & Cost Management is accomplished by transforming business transactional data into business information, aligning revenue and costs by profit centers, products, markets, and other industry specific dimensions such as customer and route in retail, or subject and student in Higher Education. Understanding and analyzing the potential profitability and true costs of your products and/or services is necessary to align corporate resources and improve financial performance.  The data transformation consists of the direct assignments of data to business objective, but also requires an allocation using a complex system of algorithms to realize true revenue and cost of a product and/or services. 

Profitability Management solutions allow clients to:

• Identify sources and attributes of profitability with multidimensional analysis

• Improve decisions with scenario modeling capabilities

• Enable management best practices by leveraging profitability as a performance metric.

• Accurately allocate costs with a flexible allocation engine that supports any methodology

• Gain confidence in cost allocations and revenue flows with graphical traceability maps

• Quickly validate models with user-defined business rules

• Improve resource alignment

Profitability and cost analysis is often retrospective, focusing on past results and reacting to those results.  A successful application of profitability and analysis processes into an organization must be integrated into an overall financial, planning and profitability cycle.  We deliver industry and cost allocation methodology best practices to deliver a solution transforming data into information.