Every organization is challenged with improving product and customer profitability. To maximize profitability, a business must be able to accurately measure, allocate, and manage costs and revenue.
Profitability and Cost Management is an analytic tool which help organizations to create allocation model to achieve this. It enables cost decomposition, consumption-based costing and scenario-playing to measure profitability. Session will include Live demo of application. By the end of this session attendees will learn:
· Creation of Application
· Model Views and Validating application
· Data loading
· Calculation of application
· Driver based allocation
· Working with Rules
· Rule Analysis
· Prebuilt analytics – Queries, Profit Curves and Analysis Views
· System Reports
Note to Review committee
This session will create awareness about PCMCS and how this product will help organizations to improve product and customer profitability. This session will talk how it take the mystery out of building profitability models and put the business users back in control with help to take action. How entire transparent allocation processes will be owned by business, not IT.