Allocation is also necessary to understand the margins on the respective business areas.
By using the solutions implemented by AMCO, Schiphol can keep track of costs and revenues per specific business area, which was also the situation in the former solution. Management can make clear choices based on the profitability per area.
Watch the full video on Profitability and cost analysis to learn more.
Profitability and Cost
Profitability and Cost
Users are presented with an allocation dashboard where the entire setup can be built. Drivers allow users to compose allocation rules and determine which entities, accounts and scenarios should be run. This can be fully personalized creating a flexible, comprehensive and user-friendly experience.
There is an option to run the allocation during regular financial processes or to trigger via the push of a button. Although it is fully flexible, the goal is to never look backwards again (unless adjustments are required) and analyze the allocation outcomes every period.
After years of working with other EPM systems, OneStream Software really blew the AMCO consultants away. The unified platform approach and the analysis possibilities were profound compared to the rest of the solutions in the market. The platform has continued to mature and add innovation since Day 1.
Nowadays OneStream is acknowledged by research institute Nucleus as a market leader, scoring as one of the best on usability and functionality. Also OneStream received a 4.9 out of 5 star rating in Gartner Peer Insights, find out why.
Discover the endless possibilities OneStream has to offer
For OneStream users this is a no brainer. There is no extra hardware and you profit from relational data blending functionality to post lease adjustment journals. The cost of implementing is much lower than the cost of re-inventing the wheel yourself.
Are you using another EPM solution or spreadsheet for your consolidation and close process? Then consider the data quality you will be able to guarantee to your stakeholders. You will be able to supply rapidly generated insights which management can base their business decisions on.
Ready to take the next step? Book a meeting with our experts or fill up the
contact form to know more about how we can help you in your finance journey.
Ready to take the next step? Book a meeting with our experts or fill up the contact form to know more about how we can help you in your finance journey.
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