Profitability and Cost Management
Businesses must be able to accurately measure, allocate, and manage costs and revenue to maximize profitability. Profitability and Cost Management supports this by managing the cost and revenue allocations used to calculate profitability for business segments, such as products, customers, regions, and branches. It enables cost decomposition, consumption-based costing, and scenario-playing to measure profitability for effective planning and decision support.
Profitability and Cost Management is offered as two distinct business processes:
- Profitability and Cost Management. See About Profitability and Cost Management
- Enterprise Profitability and Cost Management - A modern implementation of the Profitability and Cost Management capabilities that provides seamless integration with other Cloud EPM components. See About Enterprise Profitability and Cost Management