Challenge: Finding an Advantage
How can your company get ahead in a competitive environment? Business process management/re-engineering (BPM/BPR) gives you a sustainable advantage — it will identify your business process costs, improve your understanding of company-wide expenses, and reveal problem areas so you can eliminate bottlenecks and wasteful activities.
Solution: Process Costing with ABC
Our activity-based costing (ABC) application within the financial performance management (FPM) solution works with your FPM/BPR initiatives to ensure that you have a complete understanding of the costs across your organization.
Free White Paper
The 1-2-3s of ABC Methodologies - PDF 100KB 
Learn about the strengths and limitations of each of the methodologies used in ABC: time
splits, time capture, and time-driven costing.
Benefits: Continual Improvement
Our new generation of Web-based applications remove the drudgery of collecting non-system driver data, making it easier for you to produce ABC reports much more frequently, providing an enterprise-wide focus for continual improvement. Our EPM solutions:
- Focus BPR initiatives on areas and processes with the most significant costs
- Identify — and remove — non value-added activities such as reworks
- Rationalize work processes by assigning them to the right people
- Assess the effectiveness of BPM/BPR programs
- Establish definitive key performance indicators (KPIs) by measuring and tracking the unit costs of key business processes
