SAP BusinessObjects Profitability and Cost Management provides intuitive functionality that can enable members of your finance team to build and maintain multidimensional cost and profitability reporting models without having to unduly rely on external support.

Features and functions include the following:

• User-friendly, rapid, and efficient model building – SAP BusinessObjects Profitability and Cost Management has a predefined data structure with multiple versions and periods and point-and-click assignments – enabling models to be rapidly built and easily maintained with the minimum of manual intervention. As a result, you can reduce the cost of ownership and accelerate the return on investment.
• Flexible assignment paths – The application allows expenses to be assigned with complete flexibility either taking line items and services costs directly to cost objects, using various activity based costing methodologies including time-driven ABC – or by using the flexible rules engine for more complex scenarios.
• Scalable, enterprise-class solution – The application features comprehensive security, access rights and trace back; support for multiple currencies and languages; Web books for collecting non-system data from remote users and the ability to process high volumes of data. So SAP BusinessObjects Profitability and Cost Management can be quickly deployed across a large, multinational, enterprise with remote users.
• Reliable, on-demand what-if analysis and scenario modeling – Unique on-demand query and analysis allows business users to slice and dice data, drill down to detailed cost data, and test out the impact of possible changes before committing to them – giving the insight and confidence needed for incisive decision making.
• Higher-value cost and profitability reporting – SAP BusinessObjects Profitability and Cost Management comes with predefined dimensionality and specific functionality for costing and cross-charging IT and other shared services – and full functionality for resource and capacity planning so that business users can update input volumes and drivers to reforecast operational requirements for future periods.