Problems We Solve

Uncertainty Cutting Costs

Are you Cutting Costs or Hurting your ROI?

Companies who rely on the financial system to make cost cutting decisions are working in the dark. They can’t see the relationship between spending, process and results. It is virtually impossible to identify areas of improvement and cost reduction.

Inevitably spending cuts are across the board and likely to be neutral or negative in terms of impact. Cuts may remove important capability and reduce revenues. They may be reversed once the negative impact is discerned, although usually after the damage is done.

Solutions

Profit Analytics

CT Global’s Profit Analytics solution is powered by the SAS Cost and Profitability Solution (SAS CPM). CT Global has a leadership position in this space with over 25 years of experience with the earliest and the most current version of software such as OROS, SAS ABM and SAS CPM respectively. Since 2014, CT Global is the sole implementer of these solutions. The CT Global Profit Analytics solutions address business needs by providing accurate cost analysis and assignments to derive true costs and profitability which is used to increase revenues, improve profit margins, optimize processes and reduce costs.

Profit Analytics is a high-value, high-return solution for improving profitability. It includes large data in-memory computing and analytics, a rules-based engine for calculating and analyzing cost and profitability, and the ability to create scenarios and explore the impact of decisions on the fly using integrated predictive analytics.

Profit Analytics, provides insights and analysis that are typically not found in financial systems. Areas of benefit include:

  • Drive Future Profit Growth. Model and optimize new sources of profitable revenue, including new products or services, marketing programs, and new business ventures.
  • Product Management. Price existing products and services based on profitability—not just revenue potential. Identify products with below-target margins for cost reduction opportunities.
  • Customer Management and Segmentation. Identify your most and least profitable customers. Segment your customers by product, division, channel, or demographic data. Optimize your marketing dollars based on segment and customer profitability.
  • Operations. Reveal the activities and processes that don’t add value and reduce your profits.Identify which operational segments contribute and detract from your overall profitability.
  • Regulatory Compliance. Maintain all data relating to profitability in one application to reduce the cost of compliance. Answer regulator, audit, and management questions on profitability quickly and confidently.