In the current competitive market climate where companies face pressures of new competitors, it becomes essential to have a software solution to determine which products, customers, channels (and other factors) impact on the profitability of the organization.

Companies needs to understand, through Activity Based Costing (ABC) models, how internal processes impact on the costs and how to intervene in these processes in order to improve the profitability of the entire organization.

These models are essential for companies dealing with regulatory accounting mandates such as Energy and Telecommunications.

To improve the process of analysis is indispensable to define the models of cost allocation, perform drill-down at the highest level of detail. In order to analyze this information with precision and ease, companies require specialized, highly flexible software tools.

Tagetik 3.0 empowers business users to:

• understand the drivers that are the basis of profitability

• identify the products / customers / services that create value

• recognize the impact on the profitability of different strategies, from different perspectives

• manage, through built-in functionality, fully traceable, complex allocation processes (also in Cascade Approach)

• unify profitability analysis, cost management with budgeting and closing processes