Since the profitability components should be aligned with the official, i.e. externally communicated profit and loss statement, our solution provides a user-friendly setup to establish the reconciliation process supported by validation rules and comparison between the profitability components and P&L statement at the legal entity level. If unreconciled differences are found, the reconciliation module makes it possible to allocate those to any dimension.
In order to be able to make better decisions, PROFITability 5.16 provides advanced what-if analysis. You can run simulations to understand how different scenarios affect profitability performance and income statement. Here are a few common use cases to simulate: