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The Profitability Perspective: How Automated Reporting Drives Better Decisions
Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting@but many

cost and revenue reporting  hence the evolution of cost and profitability solutions including activitybased costing software. Figure 9 illustrates the range of solutions companies are using today to support profitability reporting. Figure 9 For those organizations claiming adoption of activity-based costing, users of Excel are five times greater than users of purpose-built activity-based costing/profitability management solutions. Companies attempting a more rigorous costing methodology typically embark on this project using Excel, Read More
PPM for Professional Services Automation
A business practice that assists organizations to align their portfolio of projects with their business strategy. Professional services automation (PSA) refers to a system designed to streamline an...
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Documents related to » cost and revenue reporting


Pricing and Revenue Optimization: A Manufacturing Perspective
Pricing and revenue optimization is the process of improving business margins by either increasing unit prices or increasing gross revenues. This type of

cost and revenue reporting  margins and analyzes the cost and potential delivery alternatives from an activity-based costing standpoint before promising an order, thus respecting the margin constraints that may have been imposed. After following through the three stages of pricing, it is essential to get end-to-end visibility to the performance data across the value chain to close the pricing loop. The foundation of all the applications is the SAP® Manufacturing solution that connects the plant floor to the business warehouse solut Read More
Great Plains - An SME Market Leader, But At What Cost?
Great Plains has established itself as a global small-to-medium enterprises (SME) market leader. It now derives almost 20% of revenue outside of the US market

cost and revenue reporting  acquisition charges and exorbitant costs of training its staff in Siebel and other 3rd-party applications as well as for in-house major product enhancements and cross trainings in acquired products are major contributors to a significantly lower bottom line in recent times. While there may be a reason for concern due to weakened profitability and the effects of recent restructuring (170 job cuts), there is no real cause for users' concern. Great Plains continues to grow healthily, while heavily investing Read More
Reducing the Cost of Systems Operations
Disintermediation is the process of removing redundant intermediaries from a systems management infrastructure. Once vital to systems monitoring, proprietary

cost and revenue reporting  exists a trade-off between cost reduction and increased risk to the business. However, this risk is significantly reduced by: The data collector itself; e.g., Microsoft WMI offers robust and comprehensive monitoring and is near risk free, while an agentless database monitor is less robust. The criticality of the application; clearly, mission critical applications pose a greater risk than non-mission critical applications. Taking a top-down approach that ensures you understand what services are critical to Read More
Reporting Value of IT Services with Balanced Scorecards
A balanced scorecard is a measurement system for management that provides real insight into the status of a business or some part of it. Developed by Kaplan and

cost and revenue reporting  IT service quality, drive cost reduction, and improve service quality in critical-to-quality areas. In addition, by translating IT service quality details into business value , they become part of the frontline service offering and a major competitive weapon in the fight to win new business. Competitive edge is achieved in three key areas: Scorecards allow IT business value to be expressed in terms directly relevant to the client's business strategy. A common understanding of value between the Service Pr Read More
Can You Bring Cost Down through Better Inventory Management?
In my previous blog I discussed two approaches to bringing down your cost: cost cutting and cost reducing, with regards to the overall supply chain network. The

cost and revenue reporting  bringing down your cost: cost cutting and cost reducing , with regards to the overall supply chain network. The most effective way of cost reduction in supply chain is through the collaborative effort of the whole organization. As discussed previously, the supply chain has various areas where cost reduction can be done, but for this blog, I want to focus on cost reduction with better or best inventory management processes and practices.Basically inventory can appear in a variety of forms, such as raw mate Read More
Challenges Facing Organizations with Local and Global Reporting Requirements
Organizations need to strike a balance between global and local reporting requirements. This is particularly challenging, as a lack of flexibility in data

cost and revenue reporting  Facing Organizations with Local and Global Reporting Requirements Organizations need to strike a balance between global and local reporting requirements. This is particularly challenging, as a lack of flexibility in data structures adversely impacts both business development and local reporting. Organizations must thus focus on harmonizing the global model and data structures, and assist local entities in designing for local requirements—thereby providing one data source for reporting. Read More
Case Study: Community College Embarks on Financial Reporting System Implementation
The Nova Scotia Community College (NSCC) implemented Business Objects to create a financial reporting system that would run in real time, as opposed to taking

cost and revenue reporting  risk, as the low cost factor added to the advantages of attempting something new. Moving from the original physical distribution of reports to providing end users with access to the reports (via Internet and e-mail distribution) gave end users more freedom regarding use and manipulation of the data. Due to the data being generated right after month's end, users were able to access the required reports at the close of the financial period. This new access to reports created a series of new requests from en Read More
Connecting Low-cost Servers to SAN
Most IT managers have proven, cost-effective ways to increase the return on investment (ROI) of existing infrastructures—that is, storage area networks (SANs

cost and revenue reporting  Low-cost Servers to SAN Most IT managers have proven, cost-effective ways to increase the return on investment (ROI) of existing infrastructures—that is, storage area networks (SANs). SANs provide high-availability storage to servers within corporate infrastructures. Connecting low-cost servers to SANs makes business sense, as it dramatically reduces the cost-per-server connection to well below $100 (USD). Read More
The Top Five Challenges with SQL Server Reporting and BI
Users of SQL Server value its power, speed, and affordability. But research shows that these users often face significant challenges in producing the business

cost and revenue reporting  a fraction of the cost and resources required of any other alternative. Finally, as a company exclusively focused on helping resource and budget-constrained businesses deploy effective business intelligence, Birst recognizes that technology is only part of the equation of a successful solution. For this reason, the company has developed an adaptable, low-risk BI implementation methodology that resource-constrained companies can leverage to accelerate their deployments. In addition, customers can leverage Read More
Cost Benefits of Complete Change Life Cycle Management for PeopleSoft
In hard economic times, IT organizations can maintain operational excellence and sustain service quality while still reducing costs. Achieving this objective

cost and revenue reporting  quality while still reducing costs. Achieving this objective involves at least three aspects of application management: managing change, managing technical performance, and managing user performance. Learn more about managing the change process in your PeopleSoft environment, and the value of an integrated change solution. Read More
SAP Lowers Revenue Expectations
Business applications vendor PeopleSoft took aim at the customer relationship management (CRM) market on October 11 as it announced plans to buy Vantive, a

cost and revenue reporting  reputation for protracted and costly implementations in the past, had its share in contributing to SAP's lackluster 1999 performance. User Recommendations SAP's current hardships do not change the statement in our SAP note (See TEC Technology Note: SAP AG - ERP Leader with a 'New Dimension' , September 1st, 1999) that SAP should be included on an initial long list for global ERP selection. SAP remains the ERP leader, and its strong resources give it the ability to overcome current obstacles much sooner Read More
Take Revenue Assurance to the Next Level
At a time when many companies are concerned about operational expenditure, a business assurance system with consultancy can help. Instead of randomly entering a

cost and revenue reporting  improvements as well as cost reductions. Therefore it needs to be closely watched and fine tuned to eliminate supply bottlenecks, improve sourcing, optimize manufacturing flow and transportation routing, among others.   How to start your Business Assurance program? WeDo technologies propose a straightforward and proven methodology to effectively address the key business processes and recommend a phased implementation approach. The first step is to do a quick assessment to identify key areas where Read More
Dashboards and Scorecards: Linking Management Reporting to Execution
Word processing software was introduced to improve employee performance, and has become an integral tool for every business. In much the same way, dashboards

cost and revenue reporting  and Scorecards: Linking Management Reporting to Execution Word processing software was introduced to improve employee performance, and has become an integral tool for every business. In much the same way, dashboards and scorecards will become the tools for improving business performance management and strategy execution. That’s why its essential for managers to gain an overview of dashboards and scorecards, including their benefits, strengths, and integration. Read More

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