Services

 

Why Profit Pro?

If you can not measure it, you will not be able to manage it ... financial services companies are notorious for the lack of performance measures at the granular level. Measuring performance and managing it is critical for these organizations in a highly competitive environment. Traditional financial statements and regulatory ledger reports are not sufficient to manage the discrete parts of a business-specifically by business units, products, channels, customers, and accounts. In critical times like today, companies that provide these financial services, must be profitable, must effectively manage risk, be efficient in collecting and recovering capital.

What is the problem?

 The general ledger is insufficient to handle the business

 Costs are usually based on some type of activity

 Cost sharing needs to be allocated

 Users of the funds must be charged for the use of the funds

 The providers of the funds, must be credited for the value created

 Equity and credit risk need to be appropriately allocated

 The distribution of information has been problematic

What is the solution?

 Profitability of the organization - financial statements by business unit or business lines

 Profitability by product and channel - financial statements by both items

 Profitability per customer and account - financial statements with the lowest level of detail

 Transfer pricing - net interest margin allocation for users and for providers of funds - this is "the cost of goods sold" by balance sheet accounts

 Unit cost calculation - process management for the determination of indicators used in the allocation system

 Business Intelligence - Management indicators to manage a business from the dimensions of financial returns

 Profitability Alerts - alerts based on subscriptions at all levels of the organization

 Profitability forecasting - real-time calculations of transfer prices and the estimation of costs, allowing sales executives to determine the expected profitability of a financial product

Why Profit Pro?

 Supports multiple dimensions by: division, organizational unit, branch, product, channel, segment, client and instrument

 Transfer Pricing: Flexible and scalable net interest margin allocation methods

 Provides a flexible calculation engine to perform assignments

 Unit cost is critical for almost all activity allocations

 The value of the solution comes from the distribution of results with the reports they need to act on knowledge

 Integrates with any CRM and ERP on the market

 Subscriber-based alerts inform users of profitability changes in any dimension