With most financial systems organized around managing expenses on a “supply side” basis, creating the pivot from “what it is” to “what/who it is for” becomes more challenging, even in situations where there are agreed on methodologies. Providing both service providers and divisional leadership with transparency into the “why” behind P&L charge is a crucial step to becoming a data-driven business.
In this webinar, learn how to leverage a Fully Allocated P&L as a Management Reporting tool and understand whether Divisional and Line-of-Business performance supports the overall corporate performance targets expected by senior management and investors. Attendees will gain insight into improving the quality of services and reducing costs by establishing shared service centers for both corporate functions and client-facing activities.
This session will cover two real-life use cases:
Planning in conjunction with a Fully Allocated P&L
Join us, ask questions, and move one step closer to becoming a data-driven business with a fully allocated P&L in Profitability & Cost Management (PCM).