
PROFIT$ is the ideal way to monitor your project’s benefits so you can ensure
that the outcome is in line with the original goals set. It helps provide a more
accurate interpretation of your corporate investments performance.
PROFIT$ guarantees that the hypothesis behind the financial objectives of “why” (i.e. increased market share, profit, efficiency, productivity, etc.) the investment was made is kept. Other solutions simply track project costs and not their anticipated outcome or benefits. With PROFIT$, you can ensure that the execution of your projects, their benefits achievement and performance are in line with the objectives you have set. PROFIT$ helps you easily quantify, monitor and measure the bottom line.
Our B-ON-TRACK module monitors cost in line with current accounting structures and maps the associated costs to each individual general ledger to provide a real-time view of the project’s costs. The PROFIT$ modules does exactly the same thing but for project benefits. It will monitor the benefits in line with corporate strategy and map the benefits to each individual value creation pillar. For example, if you have a growth or benefits objective of generating a 300% return on each dollar invested for a specific project and it is only delivering 50 cents per dollar, then you may want to cancel the project.
PROFIT$ Benefits
- Ensures complete quantification of benefits forecasting tracking to provide an added performance dimension.
- Builds the “value creation” portfolio for the company.
- Helps create the rational behind an additional investment for a project that faces financial problems.
- Allows you to define the decisional NPV (Net Present Value) as well as the portfolio NPV which is calculated on the economic value generated by the entire corporate investment portfolio.
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