CCH Tagetik - Profitability Analysis

Granular Data. Maximum Insights. Drive Higher Performance and Profitable Growth.

Overview

Analyse profitability from every angle to boost profitability

Knowing exactly what drives profitable growth will help you stay ahead of the curve. With profitability Analysis from CCH Tagetik, you can explore profitability in granular detail. By centralising real-time financial and operational data, and applying best-in-class data exploration tools, you can drill down across unlimited dimensions to see how operational costs are affecting profitability.

Powered by the Analytic Information Hub, CCH Tagetik’s comprehensive solution offers driver-based and activity-based costing, with what-if scenario analysis. You’ll always know which products, customers or business units have the highest margins, or require cost improvement measures.

CCH Tagetik - Profitability Analysis

Key Capabilities

Identify the most profitable areas of your business. Understand the profitability of your customers, products, and business units. With a robust allocation engine, CCH Tagetik makes it easy to analyse profitability by any dimension.  Automate the allocation of direct or indirect costs down to any level using financial, statistical or historical drivers.

 

  • Business driver analysis
  • Operational models and allocation drivers
  • Driver-based allocations and activity based costing
  • Profitability analysis by customer, product or channel
  • Scenario analysis and margin analysis
  • Pinpoint direct and indirect costs

Key Reasons

3 reasons why CCH Tagetik Profitability Analysis lets you focus on your Business:

  • Gain visibility into profit margins - See how costs impact margins. Allocate and manage direct, indirect, and activity-based costs. Drill down to the product, project, customer and service-level for accurate profitability analysis.
  • Maximise profits with operational alignment - Play out financial and operational assumptions to understand the impacts on profitability. Compare the results of what-if scenarios side-by-side to view the impact on the income statement , balance sheet, and cash flow.
  • Get insights with realtime analysis - Instantly assess profitability. Visualise costs and revenues on dynamic scorecards,dashboards, and ad hoc analytics. When things change, get notified in real-time with email or mobile alerts.

Key Benefits

Investigate profitability at every level. CCH Tagetik enables you to evaluate the revenue generating potential and cost effectiveness of every initiative, customer, product line, and activity by giving you greater insight into the drivers impacting profitability.

  • Make informed and accurate decisions
  • Analyse variances from different angles
  • Create models efficiently
  • Use a single source of data for accurate analysis
  • Easily adjustable allocation drivers
  • Configurable allocation rules
  • Highlighted variance for easy evaluation
  • See margin impacts instantly
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Technology in Action

Our Credentials

  • Strategic Partner since 2008 Tagetik launch in UK.
  • Certified Platinum status and Country Awards winner.
  • 12th Year  - Successful Delivery of CCH Tagetik Projects.
  • Over 150+ distinct projects across CCH Tagetik Consolidation and Budgeting/Planning Projects including first wave of IFRS16 and IFRS17 engagements.
  • Leading AIH practitioners.
  • Connected at every level in CCH Tagetik ecosystem. Strong relationship with Tagetik C-Level and Product Development.
  • Demonstrable Road-Map Influence.
  • Conduct Tagetik Prospect Workshops, Clinics and Customer Forums.
  • Package Development and IP.

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