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Home >> Products and Solutions >> Solution Lines >> Activity Based Costing

Activity Based Costing/Management (ABC/M)

	Whitepapers
	Activity Based Costing- A Modified Approach by Dr. Robert Kaplan Drive Growth with Customer Profitability Management- How Time Driven Activity Based Costing Delivers on the Promise of ABC by Dr. Robert Kaplan and Steve Anderson Webcast: Increasing Profits in a Flat Economy Dr. Robert S. Kaplan To view more whitepapers on ABC/M and our other solutions click here.

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. The actionable root-cause 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
· o Data-driven approach that minimizes maintenance and data latency as much as 90% of your current solution
· o Transaction level costing that delivers uncompromised accuracy and trace-back, without requiring external databases
· o Dynamic cost assignments mean no manual surveys required

Extremely flexible modeling
· o Supports even the most complex business modeling including unlimited activities, cost drivers and cost objects
· o Supports strategic costing and operational costing
· o 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
· o An Open schema and complete import/export integration support data capture from your ERP, GL, transaction databases and reporting solutions
· o An integrated solution to measure, optimize and predict costs and profitability
· o The most scalable solution on the market that supports fast performance, terabyte size models
· o The most robust, flexible out-of-the-box reporting on the market ·

Unmatched domain and industry expertise
· o The fastest implementation for your model's complexity
· o The most robust partner network that delivers deep industry and costing knowledge

Features and benefits of Profit Analyzer & Cost Analyzer