The name of the base system (platform): | SAP BusinessObjects |
Developers: | SAP SE |
Technology: | BI |
SAP BusinessObjects Profitability and Cost Management: management system for profit and costs. The BusinessObjects Profitability and Cost Management application is intended for the analysis of financial information, identification of the most "expensive" transactions and their influence on the general profit of the enterprise. The new version, according to the statement of the developer, allows to process large volumes of information and to develop models on the basis of booking data, nomenclature positions (SKU), data on current transactions. These opportunities, according to the developer, can be demanded among the companies working with the wide range of goods (for example, for financial companies whose services are characterized by a large number of the most various parameters and values). Besides, the new version is integrated with the BusinessObjects XI 3.0 BI platform.
Prompt and rash measures for increase in revenue and cost reduction will not lead to increase in profitability of business. It is necessary to define what products and clients bring to the company the greatest income and to check how changes in the prices will affect its profitability and costs. Only in this case you will be able to assess more rationally current situation and to make the weighed decisions, realizing what results they will have.
The SAP solution BusinessObjects Profitability and Cost Management will precisely and effectively define for you profitability of different products, clients and sales channels and also will give an opportunity to develop and test the methods offered for improvement of the above-mentioned in the dynamic mode. Having secured with techniques of flexible functional value analysis (Activity Based Costing, or ABC), you receive more complete understanding of a situation and the expenses connected with operating activities and shared services. Thanks to it you will be able quickly to define necessary measures for expenditure management and optimization of profitability.
SAP BusinessObjects Profitability and Cost Management, one of the SAP solutions BusinessObjects Enterprise for performance management, has a number of important commercial advantages:
- The overview of the factors in fact influencing income and expenses (for example, IT and other shared services)
- Optimization of use of financial resources thanks to detailed expense information and profitability of products, services, clients and sales channels
- The coordination providing compliance of opportunities to demand
- Operational decision making thanks to the accelerated identification of the pacing factors influencing change of income and expenses of the organization and a preliminary estimate of effects of this or that change