Activity Based Costing/Management (ABC/M)
- Acorn Systems' next generation Activity Based Costing and Management (ABC/M) is the
leading best of breed activity based costing solution. Companies from $50 million to $100 billion have selected Acorn Systems'
solution to replace their current activity based costing and cost allocation solutions in order to get more accurate and actionable
information much faster and with less maintenance. Acorn Systems uniquely assigns GL costs to processes, equipment and people to
determine the cost and profitability of individual customers, products, suppliers, and even transactions to make informed decisions
that help organizations to dramatically improve profitability, contain costs, and improve operational efficiencies.
Actionable cost information
- The actionable cost information that Acorn Systems provides enables companies to:
- Improve internal processes
- Determine profitable and unprofitable customers and segments in order to grow profitable customers,
while minimizing losses from unprofitable customers
- Negotiate with customers and vendors
- Set pricing more effectively
- Spend marketing dollars more wisely
- Optimize and plan operations
- Measure capacity and optimize utilization and outsourcing
- Rationalize SKUs
- Compensate sales reps on profitability
- Allocate and charge-back for shared services and IT costs
- Feed strategic management and decision making solutions such as Performance Management, Balanced
Scorecard, EVA, Budgeting and Forecasting
- Organizations that have used traditional activity based costing have had to compromise accuracy in order to control maintenance
costs and data latency. But Acorn's unique approach to activity based costing eliminates the cost versus accuracy trade-off. Acorn achieves this with:
Next generation activity based costing methodology
- Recognized by Dr. Robert Kaplan as the leading approach in the industry:
- Data-driven approach that minimizes maintenance and data latency by as much as 90% of your current
solution
- Transaction level costing that delivers uncompromised accuracy and trace-back, without requiring
external databases
- Dynamic cost assignments mean no manual surveys required
Extremely flexible modeling
- Supports even the most complex business modeling including unlimited activities, cost drivers and cost
objects
- Supports strategic costing and operational costing
- Enables conversion of your current costing solution, no matter the level of sophistication, and supports
your costing vision, in a single, completely integrated solution
The most advanced technology on the market
- An Open schema and complete import/export integration support data capture from your ERP, GL,
transaction databases and reporting solutions
- An integrated solution to measure, optimize and predict costs and profitability
- The most scalable solution on the market that supports fast performance, terabyte size models
- The most robust, flexible out-of-the-box reporting on the market
Unmatched domain and industry expertise
- The fastest implementation for your model's complexity
- The most robust partner network that delivers deep industry and costing knowledge
Features and benefits of Profit Analyzer & Cost Analyzer
- Comprehensive solution that recognizes and rationalizes revenue, costs, productivity and capacity
- Bottom-up approach to budgeting that captures changes in demand, efficiencies and processes
- Integration with prior year results to deliver a fact-based cost and capacity plan, easy actual-to-plan
reporting and reduced planning time
- Quickly implemented model that captures the complexities of your organization and processes
- Enterprise wide solution that enables secure inputs from decision makers and easy consolidations
- Unlimited number of scenarios with flexible parameters
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Related Resources
- Time-Driven Activity-Based Costing
- Robert S. Kaplan, Harvard Business School Steven R. Anderson, Acorn Systems
- This provocative new whitepaper uses concrete examples to
demonstrate how managers can obtain meaningful cost and profitability information, quickly and inexpensively
- »
Read Whitepaper
- Activity Based Costing - Modified Approach
- Dr. Robert S. Kaplan, Harvard Business School
- A ground-breaking white paper that discusses the necessity of measuring
costs and therefore profitability based the cost of time. This leads
to accuracy in cost tracking as well as measuring resource capacity
excesses and constraints.
- »
Read Whitepaper
- Customer Profitability Measurement and Management
- Dr. Robert S. Kaplan and V. G. Narayanan, Harvard Business School
- This whitepaper examines how companies can substantially increase
profits by precisely measuring customer profitability and analyzing
customer-specific profit information to identify and grow their
most profitable customers, implement business changes that increase
the profit contribution of their average-performing customers, and
improve the profit of the worst-performing segments.
- »
Read Whitepaper
- Drive Growth with Customer Profitability Management
- Dr. Robert S. Kaplan, Harvard Business School and Steve Anderson,
Acorn Systems
- This innovative new whitepaper outlines how Time-Driven Activity
Based Costing delivers on the promise of ABC to help companies improve their bottom line.
- »
Read Whitepaper
Acorn Systems Provides: Activity Based Costing Software, Activity Based Budgeting Software and Activity Based Management Software
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Using Acorns software made us realize that there are opportunities not only with the unprofitable customers, but with profitable customers
- as well.
- Ed Gaio, CFO
Pioneer-Standard Electronics
Technology Features & Benefits Enterprise Performance Suite
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