PROFITability 5.16 is a business user-friendly solution with a modern analytical platform that gives you the possibility to track and analyse profitability from every angle.
Financial market players are challenged to stay at the top of the game now more than ever.
Banks are facing difficult economic conditions, fierce competition from fintech start-ups, the emergence of new business models and an increasingly restrictive, but at the same time a more demanding, regulatory framework. Thus, understanding the business at a granular level and knowing what drives banks’ profitability is the key to maintaining a competitive advantage.
Through all relevant perspectives, e.g. legal entity, organization unit, product, business segment, customer and arrangement. Drill-down to the most granular level of a single customer, of an individual arrangement or even of a specific transaction. It enables institutions to track sales channels costs/revenues to most effectively reach their customers.
Through all relevant perspectives, e.g. legal entity, organization unit, product, business segment, customer and arrangement. Drill-down to the most granular level of a single customer, of an individual arrangement or even of a specific transaction. It enables institutions to track sales channels costs/revenues to most effectively reach their customers.
PROFITability5.16 is a meta-data driven solution, based on an easily configurable setup that every business user can manage.
i.e. analytical dimensions and hierarchies can be defined to gain insight into different profitability aspects.
e.g. core banking application, ERP system, Enterprise Data Warehouse or CRM system can be used as an input for a profitability calculation.
of revenue, costs and contribution margin components can be created to meet each company’s analytical needs.
to align profitability components directly to the official income statement.
from the source down to any level using different simple and multi-step allocation methods.
to simulate and explore how different scenarios impact profitability performance.