Business management requires accurate and timely business intelligence to improve corporate profits and control costs. Detailed cost and profit information
about your business processes, organizational areas, products, customers, vendors
and locations are essential for Corporate Performance Management.
However, it is amazing how many companies still don't know the profit contribution
or value of each product, service or customer to their company.
Nor can they confidently state the value of each. What's more, many of today's high-end ERP, CRM or other transactional systems cannot produce 50-90% of the comprehensive profitability information required for critical decision making.
Only GaussSoft offers the GaussSoft Profit and Cost Modeling and Allocation Engine, powerful and flexible business software
that generates full profit and loss statements, including
related indicators, at the level of detail you need to make strategic decisions that add value to your company. Decisions
like pricing, launching a new market strategy, budgeting and budget control, changing resource allocation, process reengineering, modifying client management policies, or discontinuing a product are strategic to your business. Financial reporting and revenue management
have never been this useful, practical and accurate.
GaussSoft Profit and Cost comes with a series of end-user reporting tools, including Radial Viewer, to give access to managers, analysts, and other non-technical personnel to analyze the profitability and costing of the organization, general or specific, historic or detailed by period, as required.
GaussSoft Profit and Cost is built based on the
accumulator concept that enables:
- Full-featured Activity Based Costing (ABC); multilevel and enhanced ABC costing; ABM (Activity Based Management), and ABB (Activity Based Budgeting).
- Full-featured Real costing and Standard costing, with inventory capabilities and cross-period added-value permanence (allowing manufacturing costing)
- Combined models (for example, a profit and cost model including Activity Based Costing ABC and manufacturing costing).
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