Profitability & Cost Management Reporting
DISTILLATION OF THE RELEVANT, USEFUL INSIGHTS AND SEPARATION OF THE REST
Managing your business's profitability requires lots of detail and visibility into your data. To see which products, services, or markets are contributing to your profitability, you need granularity and consistency in your reporting.
Wysent helps you filter your data to get at the core drivers of profitability, without overcomplicating the analysis with irrelevant information. We do this by applying appropriate allocation and segmentation methods that focus on identifying opportunities.
Here are some of the profitability and cost management solutions we can build for you:
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Profit and Loss reporting
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Key Performance Indicators (KPIs)
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Product Line analysis
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Margin Analysis
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Profit center/Cost center analysis
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Functional/Departmental reporting
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Allocation and segmentation methodologies
WHAT PEOPLE SAY
"With the Wysent solution, decision makers have access to the information they need to drive down costs and invest in segments that generate higher returns. The reporting and dashboard capabilities allow executives to quickly and easily understand all of their business segments’ profit contributions and generate full profit and loss reporting for any dimension desired. The Wysent team exceeded our expectations through every phase of the project."
- Senior Manager, Financial Reporting
SUCCESS STORY: Product Profitability
FORTUNE 1000 I GLOBAL MANUFACTURER
Performed the analysis and implementation of a reporting environment that allowed the finance team to optimize performance by analyzing and monitoring key volume, cost and profitability trends across their business lines. Application components integrated operational and financial data sources to get a complete picture of performance. Actionable reporting was developed that provided key measures analysis across any dimension with immediate drill into the details.