Advanced Modelling Capabilities to Boost Profitability and Cost Driver Decisions with EPCM
Presented by Alvaro Duque-Estrada
An organization’s profitability and cost analysis strategy generally starts with using data to improve business performance. Understanding the impact of materiality and business benefits, companies can make better and more informed decisions when changing costing methods. Enterprise Profitability and Cost Management (EPCM) , an enabling technology, can support automation to provide advanced modeling capabilities for all allocations. With a major upgrade released in June 2022, EPCM now also provides additional analytical and reporting capabilities that integrates with the Oracle EPM Cloud Platform for further simplification and standardization that organizations should be taking advantage of.
Join this session to hear from experts at The Hackett Group regarding Profitability and Cost Management Best Practices and how to leverage an Allocation and Cost Management Framework on Oracle Enterprise Profitability and Cost Management (EPCM) Technology.
In this session, key topics for discussion will include:
- Cost and profitability analytics and modeling as a top finance initiative
- Best practices of an Allocation and Cost Management Framework to improve profitability analytics
- EPCM and PCM comparison analysis
- An overview of key features and functionality of Oracle Cloud Enterprise – Profitability and Cost Management (EPCM) technology
- Understanding the modeling capabilities of EPCM for complex multi-step allocations
- Building models in a business user-friendly point and click interface