Understanding costs in the financial services sector is both absolutely critical and incredibly difficult. Narrow margins, complex shared services and diverse indirect costs make reliable profitability difficult to measure but vital to the health and viability of any insurer, bank, or investment business. PCM takes all the complex data in these businesses and generates insight into real product performance.
Manufacturing and distribution, with huge product ranges and complex processes can make product profitability analysis descend into theoretical models of cost recovery, standard costs and overhead allocations that are meaningless for driving business decisions and performance improvement. PCM allows companies in this sector to generate highly granular analyses of true economic costs to support effective business improvement.
Government agencies and departments are under constant pressure to understand the true cost of their services, both to drive efficiency improvements and to ensure equity in their charges for those services.
PCM provides detailed analysis that drives actual costs by types of service down to individual locations, detailed period-based dissection and client segments.
Product profitability in the telecommunications industry is notoriously difficult to measure. Highly capital intensive, with assets deployed across wide ranges of bundled product offerings, costly customer service and high churn all contribute to a massively complex analysis task to identify where the costs really fall and which products actually pay their way. PCM handles the sophisticated cost models essential to generating insight and ensuring survival in this complex and competitive market.