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Increasing Profits Faster with a Phased Implementation |
Acorn’s unique Time-Driven Activity Based Costing (ABC) gives companies the most accurate and granular profitability and capacity analysis available. However, many companies can benefit from a phased implementation approach that delivers high-level cost and benchmark analysis in less than one month and performance measurement of individual customer and product in less than 3 months. In some organizations, taking a phased approach results in faster profit improvement and quick ROI, because the company sees the power of new decision making information provided in each phase and proves value at every step of the process. The three phases are:
Phase 1 – Process Value Costing, Metrics and Benchmarks
Phase 2 – Strategic Profit and Cost Analysis
Phase 3 – Operational Profit and Cost Analysis
The phased approach delivers value fast and one-step at a time so companies can be assured of getting the highest possible return. Companies choose this fast, phased implementation for a variety of reasons such as, a lack of prior ABC experience, IT or financial analyst resource constraints, incomplete data sources and a limited ability to influence operations.
Companies can start implementation at any phase of the process. The work completed in prior phases can be fully leveraged for future phases, for even greater ROI. Acorn is so confident that our customers will see measurable financial improvement at each phase, that we encourage companies to achieve 100% ROI before moving to the next phase.
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