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Profitability and Cost Management

Insight to Drive Profit and Reduce Costs

Effectively manage profitability with Oracle EPM Cloud Profitability and Cost Management and interRel Consulting. 

Quickly model profitability by segment. Conquer complex costing of shared services.

What is Profitability Management?

Financial managers seek to maximize profits and control costs by understanding cost and revenue drivers. But insight to profitability and cost often doesn’t come easy. 

  • Either you spend too much time building spreadsheets to understand key profit drivers or give up because the process seems too complex. 
  • And, using black-box, custom allocation tools and applications makes it more difficult by putting IT between business users and the process.

Oracle EPM Cloud Profitability and Cost Management enabled by interRel Consulting puts business users in control. Best practice automation reduces reliance on IT and yields more time to analyze results. 

  • Reduce time spent on spreadsheets, sourcing data, and changing code. 
  • Change assumptions quickly and deliver actionable performance data to LOB leaders to increase profits and cut costs. 
  • Foster accountability that drives profitability by enabling decision makers. Get buy-in through transparent shared-cost allocations.

In today’s fast-paced and highly competitive global business environment, knowing your profit winners and losers enables decision makers to direct resources and cash to the right areas.

Profitability and Cost Management Business Process

Optimize your profitability and cost management business process with Oracle Profitability and Cost Management or Hyperion Profitability and Cost Management enabled by interRel Consulting. 

Empower business users to understand cost and profitability drivers and act on insights gained.

  • Find top and bottom performers fast with pre-defined profit reports and performance options.
  • Build powerful dashboards quickly for access to results on demand.
  • Investigate every step with linked reports and supporting drill through.
  • Find and address hidden costs with “what-if” impact analysis and easily changed assumptions.
  • Easily validate model logic with automatic rule balancing and traceability reports.
  • Perform calculations outside the GL to keep it “thin” at statutory reporting.
  • Reduce the time to generate transfer pricing from weeks to minutes.

Formerly Oracle Profitability and Cost Management Cloud Service (PCMCS)

Oracle’s Profitability and Cost Management product, formerly known as Oracle Profitability and Cost Management Cloud Service or Oracle PCMCS, is a cloud-based solution built to automate allocation-based business processes, empowering business users to master:

  • Customer and product profitability
  • Shared service costing
  • Cost transparency initiatives
  • Management allocations
  • Legal entity allocations to support operational transfer pricing

Rule the world with Oracle Planning Cloud with the help of interRel’s award-winning consulting.

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interRel Consulting

Tel: (972) 735-8716
Email: info@interrel.com
Office: Globe Life Park
1000 Ballpark Way, Suite 309
Arlington, Texas 76011

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