BI Tagetik Solution - Profitability Modeling Optimization

Business Intelligence BI Software Application : Tagetik BI Solution

Profitability Modeling and Optimization Features

Tagetik allows to manage the profitability, modeling and optimization process as part of a single Corporate Performance Management solution that unifies all processes
Tagetik CPM can help understand overall financial performance and identify how value is created by enabling companies to analyze which products, customers and services drive profitability. Thanks to the built-in allocations process and deep functionalities, Tagetik CPM helps companies reduce Total Cost of Ownership (TCO).

To support the Profitability Modeling & Optimization process Tagetik CPM delivers:

• Modeling: map of the control structure for cost objects, activities, resources and their relationships
• Allocations: powerful allocation models that allocate costs and revenues to the subjects of control (resources and activities) and indirect costs to the subjects of analysis (customer, product, channel…), with waterfall cost allocation cycles
• Drivers: cost drivers based on financial and operational (quantity, head count..) criteria to be used as basis for allocations
• Reporting and Analysis: reports that visualize the results of the different allocation cycles and analyze profitability with navigation using filtering and drilldown tools (down to individual allocation lines) and automated adjustment journal that provide detailed analysis of the different allocation models
• Journal entries: manual adjustments and automatic double entry
  ‘What-if’ Analysis: generate alternative analysis scenarios based on simulation
• Interfaces: automatic data import from multiple sources (e.g. ERP systems, etc.)

Source: Business intelligence BI software application, Tagetik BI solutions in profitability, modeling and optimization information at tagetik.com