Overview

In a business environment where challenges and pains are present on every scale, and where profitable revenue and market expansion are at the top of the list, companies today are looking to walk the path to increased profitability and maximized lifetime value.

Indirect costs are increasing; Economies of scale outweigh the overhead of centralized operations. Relationship between resources, activities and revenues is not always easy to make. Businesses experience higher cost and regulatory pressures, stakeholders such as customers, suppliers, shareholders, regulators and society at large demand more transparency. Executive are now experiencing limited visibility into cost and profitability details and dimensions, inefficient cost reporting that fails to provide insights for improving financial performance and annual budgets disconnected from operational reality.

Providentially, valoores’ in’Profit not only tackles these market challenges by presenting the right tools for measuring profitability, but also offers a user driven profitability modeling, with an open, flexible, and easy to visualize modeling environment. Users can follow a suggested path or create their own process to maintain and deploy their cost and profitability models. It leverages a flexible platform to sustain an activity based costing and revenue modeling.

in’Profit suggests an enterprise wide performance management:

Profitability scalability

Address, Calculate & Monitor the profitability from top to leaf level whereas profitability of each customer is accessible through a perfectly designed engine.

Integrated View of Profitability

Provide an integrated view of profitability for key dimensions like Product, LOB/Organization, Customer, Geography and Time… while enabling real-time “What if” scenarios and predicting customer lifetime value.

Profitability Forecasting

Perform forecasting and planning to understand customers needs and propensity to buy new products while getting a 360 degree view of customers and product profiles. In banking, leaders use these analytics to identify and profile attributes of the most profitable customer on the road to finding the “ideal customer” based on their behavior.

Analytics and Decision Optimization

Pinpoint the best offers for the “almost ideal” customers to make them more profitable while predicting the marketing channels these customers will most likely respond to. Use these insights to develop and execute strategies and simulations and drive customers along the road to increased profitability and maximum lifetime value.

KEY BENEFITS

Institute Data Governance to secure information integrity

• Make data available across the whole enterprise
• Multi-Directional Information Flow
• Unique platform for Business Units
• Business Process Optimization & Threat Control

Introduce Risk Appetite & Compliance at the heart of operations

• Enterprise Insight on Risk & Compliance
• Establish Risk Assessment

Cascading Risk Appetite throughout the organization

• Set / monitor risk appetite at group level

Embedding Risk Appetite into decision making

• Unify Decisional Process & Track risk appetite

Accentuate Risk Roles & Responsibilities

• Reinforce Communication Culture

Safeguard regulatory requirements

• Secure regulatory assessment
• Document & Validate Contingency plans
• Secure transparency to regulators
• Respond to market and regulatory compliance

Reinforce accountability

Institute a Validation Cycle & Monitor Processes

Socialize Qualitative metrics

• Clarity on Definition and metrics
• Link to Business Planning

Strategic Testing

• Risk appetite development and management
• Capital, Business Unit, LOB, & RRP planning

Stress Testing

• Liquidity, Credit, Market, Counterparty, Operations, Regulatory, Geographic, & Reputational.

Alternate what-if scenarios across simulations

• Compare Simulations at different target levels

Scenario Management

• Optimize & monitor What If Simulations
• Top Down, Bottom up, & Mixed Processes