Make it work, for business’ sake Any buyer of a software-based solution should stop and ask three basic questions: How do I know what to expect? How do I know it will work? How do I make it work? At Astrada, we take pride in delivering solutions that work. Not in a clinical, test-bed situation …
Learn what profitability analysis can do for you Profitability analysis is about understanding what drives cost and revenues and how they are truly related to your customers and products. Experience has proven that high awareness of what actually drives profitability leads to significant improvements in bottom line results, as well as in internal efficiency. A …
Better Calculations – Better Profitability Improved product calculations result in increased profitability. With Astradas help, you can replace your standard estimates with new and more accurate product calculations. With our own developed software and well proved methodology we make calculations based on real, actual data from your existing source systems. We are calculating how products …
Astradas IT-cost analysis provides improved knowledge of what actually drives IT-cost internally Most companies, and especially those operating within the areas of Finance or Professional Services, often struggle with understanding what drives actual IT-cost. As a result, decisions are often made on poor decision data, possibly leading to suboptimal and costly efforts and solutions. Furthermore, …
Accurate pre-costing – a first step toward better pricing Doing predictions about the future is always difficult, but by using the Astrada profitability analysis methodology it is now possible to have a pre-costing model that better reflects reality. The pre-costing results can be useful when structuring the organization and its production, but can also be …
Continuous price leakage management, utilizing the power of Astrada, helps companies save millions of Euro per year. And counting! The power of pricing is well known. A small increase in a company’s actual earnings can have a substantial effect on bottom line results – as can the identification and management of price leakages, i.e., costs …
It’s time for a new budgeting process Activity Based Budgeting (ABB) the Astrada way is an innovative budgeting method for improving the accuracy of financial forecasts and increasing management understanding by moving people out of “spreadsheet budgeting”, where they simply increase last year’s numbers. It analyses the products or services to be produced by considering …
With reliable profitability information, you can do much more Take a good look at your business. Then ask yourself the following questions: How do I monitor and measure success? And where do I find the information needed to do anything about it? Most likely, the answer is found in a large number of internal reports, …
Data Mining – New Possibilities to Utilize Information Today, most companies have large scale data warehouses containing plenty of information about everything from production statistics and extensive order registers to financial information on detailed level. Data mining is about using sophisticated statistical methods to find correlations and patterns in large data amounts. The methods have …
Learning by doing. Doing by learning. Implementing a profitability analysis system is really about implementing a new way of thinking in an organization. The users of the system, and of the output from the system for that matter, need to adopt a new way of thinking. Otherwise, there is a risk that they will try …
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