Giving Business Managers the Analytical Insight to Drive Optimal Customer, Product & Asset Performance.
"Financial executives view their inability to measure customer and product profitability as their major technology constraint."
GARTNER, FINANCIAL EXECUTIVES INTERNATIONAL (FEI) TECHNOLOGY SURVEY, 2009
The Next Generation of Product Performance Management
Profitability and Cost Optimization software enables detailed analysis of operational and financial data to improve margins. Typically out-of-the-box, these solutions allow business users to analyze past profitability, and anticipate the effect that future changes in development, production or operating environments may have on product, customer and asset performance.
Financial Simulations
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At their most advanced, these applications have sophisticated, forward-looking capabilities, enabling users to simulate multiple, detailed alternative scenarios, and assess their possible impact on product and customer profitability. If raw material prices spike, what's the effect on my customer contribution margins? If they drop, can I capture additional market share with more aggressive pricing?
Role-Based Interfaces
Because of their accessibility, these solutions facilitate effective product performance management from a number of different perspectives:
Ready to go Out-of-The-Box
Profitability optimization packages integrate easily with existing systems to leverage ERP and BI data, delivering information directly to the people who need it most, with minimal IT intervention. Using open architecture, these collaborative applications are quick to set up, easy to use, and deliver immediate, granular insight into the profitability of individual products and customers.
"Despite all the advances provided by transaction-processing applications… business managers and executives still struggle to understand what drives performance and how to make decisions that will achieve their strategic goals and objectives."
GARTNER, PERFORMANCE MANAGEMENT:
THE NEXT WAVE OF PROCESS IMPROVEMENT, NOV 2009