Profitability Costing is the concept of assigning all costs incurred by a company to the various products or relationships the organization maintains in an effort to determine which products or relationships are the most profitable. This information can be utilized to help better position the company in the future by recognizing which types of activities are beneficial to the organization and which are not.
Oracle’s Hyperion Profitability and Cost Management is a very easy to use tool that can help companies create a Profitability Costing Model to help themselves understand the most profitable product or relationships they have.
BurkiTech is well versed in Profitability Costing and can help your company figure out what can best help your company create a Profitability Costing module. Burkitech gives your company end-to-end support in a way of implementation profit and cost modeling, upgrading and migration etc.