Profitability and Cost Management (PCMCS)
Profitability and Cost Management with Oracle PCMCS
To maximize profitability, a company must be able to accurately measure, allocate and manage costs and revenues. Oracle Profitability and Cost Management Solution: Oracle Profitability and Cost Management (PCMCS) is an analytical software tool that manages the cost and revenue allocations required to calculate profitability for a business unit such as a product, customer, region, or subsidiary.
With Oracle PCMCS, you can use cost allocation, consumption-based costing, and scenario comparisons to measure profitability for effective planning and decision support.
Depending on your needs, this Oracle solution for profitability and cost management can be licensed separately or as part of the Oracle EPM Cloud (All-In-One Platform).
We at BLUBEIRD Consulting will be happy to show you the possibilities offered by this software and advise you in deciding which license combination is the right one for your company and your use case.
Flexible modeling with PCMCS
Model costs and profitability
Discover which customers, products and other segments of your business are profitable and which are not so you can focus on where to invest resources.
Model Shared Services Costs
Easily allocate shared services costs to the departments and groups that use them. No more discussions about why costs were allocated, thanks to a full insight.
Managed by the department
Create models with point-and-click technology
Business owners can create and maintain profitability and cost models with point-and-click actions, without scripting or programming skills.
Change models easily without recreating them
Business owners and experts can easily change assumptions, allocation methods and more. You don’t have to recreate the model every time or rely on IT to do it for you.
Flexible assignments
Combine financial with other data
Combine financial data from anywhere with operational metrics and business drivers. It is not necessary to limit calculations to data that exists only in your ERP system.
Calculate complex resource allocations
Relationships between departments and the use of shared resources can be complicated. Easily model resources used by different parts of the organization.
What-if profitability and cost scenarios with PCMCS
Test possible business changes
Model changes such as adding products, deleting products, changing delivery options, adding new customers, and other ways to optimize profitability at any time. There is no risk that your systems of record will be altered.
Assessment of potential regulatory changes
Model the impact of potential tax or rate changes and justify any resulting rate changes or cost increases.
