ABC Modeling

Tagetik 3.0 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 3.0 helps companies reduce Total Cost of Ownership (TCO).

To support the ABC Modeling process Tagetik 3.0 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 the final 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 drill-down 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, …)

Learn more!

• Find out the Tagetik 3.0 benefits
• Watch the Tagetik 3.0 demo
  
• Hear what customers have to say about Tagetik
  
• Learn more in informative white papers
  
• Read customer case studies