Many companies use custom-built allocation tools, which business users often see as black-box calculation solutions. Oracle Profitability and Cost Management Cloud changes this situation by enabling businesses to take ownership of allocation-based business processes such as customer/product profitability, shared service costing, management allocations, and cost transparency initiatives.
Oracle Profitability and Cost Management Cloud is purpose-built for the multi-tiered allocations and provides a best practice framework to make model-building easy and consistent, without losing performance. It provides business users with step-by-step transparency into allocation-based business processes. This reduces the time required for troubleshooting during the creation and editing of allocation calculations.
In reports, business users can see how each allocation stage impacts their line of business. They provide a very clear insight into the nature of the calculation and give transparency on where the data comes from.
Oracle Profitability and Cost Management Cloud Service includes pre-built dashboards and analytical screens that are purpose-built for analysis of complex, allocation-based business processes, and takes advantage of the best practice allocation framework. This means immediate value out-of-the-box.