The benefits to MANAGEMENT
- Increased competitiveness and profitability thanks to access to key management information about the costs and profitability of products, services and customers based on causal costing,
- The ability to set detailed goals and automatically monitor their performance at all organizational levels, which will ensure the organization's overall focus on the implementation of the strategy,
- Quick understanding and effective business control of the cost and effectiveness of business model, supported by advanced planning and simulation capabilities,
- Effective decision-making based on reliable and quickly verifiable economic information,
- Access to a ready-to-use DASHBOARDS supporting modern cost and profitability management of: products, services, customers, process and resources.
The benefits to CONTROLLERS and ACCOUNTANTS
- Ease of self-design, modification and maintenance of advanced costing concepts without the need for advanced IT expertise,
- Support for implementation of advanced costing concepts such as Resource and Process Consumption Accounting, Resource Consumption Accounting, Activity Based Costing, Time-driven ABC or Grenzplankostenrechnung,
- Support of flexible budgeting and advanced variation analysis,
- Access to calculation functionality that meets even the most demanding needs in terms of cost and profitability calculations for products, services and customers,
- Building strong financial and controlling departments and effectively integrating controlling into management processes.
- meeting the requirements of the Polish Accounting Act and International Financial Reporting Standards (IFRS).
Benefits of DC implementation
- Increasing the company's competitiveness and profitability,
- Reducing and optimizing costs, eliminating of all waste,
- Improving resource usage and avoiding the cost of unused capacity,
- Increasing the efficiency of primary, service, auxiliary and sales processes,
- Building and strengthening the image of a modern-day enterprise in the eyes of customers and business partners,
- Reducing the risk of "Fixed Cost Downward Spiral" resulting from the allocation of unused capacity costs of products and services to customers,
- Support pricing and customer loyalty with reliable information about costs and profitability of customers’ and products and services,
- Quick understanding and effective business control by understanding the cost and effectiveness of the business model, supported by advanced planning and simulation capabilities,
- Effective decision-making based on reliable and quickly verifiable economic information,
- Enhancing cost awareness among a wide range of employees and effectively delegating decisions at all levels of management,
- meeting the requirements of the Polish Accounting Act and International Financial Reporting Standards (IFRS).
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