ABM Technologies brings to your business a wide variety of mathematical modelling alternatives to solve your critical and non-critical analytical issues. This capacity, combined with our own fully enterprise-capable cost, performance and budgetary solutions, will increase control and hence profitability.
Activity-Based Costing
Activity-Based Costing has made a resurgence in the corporate and public sector environments due to better understanding of the insights it provides, software and computing power to analyse transaction cost data quickly. Management is increasingly under pressure to identify and justifiy the organisation's cost base and uncover whre and why performance has not met expectations.
ABM Tech has been at the forefront of Activity-Based Costing for eight years and we are able to point to the completion of a number of very successful major ABC projects. Our experience, combined with our own enterprise-level software solution ‘Ace’, enables ABM Tech to deliver a complete solution with regard to your costing processes.
Data Integration
Medium sized businesses generally find themselves running separate systems for Accounts, Payroll, Asset Management and any other systems their business requires such as Inventory Control and Customer Management. This often creates difficulties when it comes time to put together coherent management reporting. Businesses find that the information being extracted from the separate system often project conflicting figures and the relationships do not exist within the data to bind it all together into a single picture. more...
Activity Based Budgeting
The ABM Technologies activity-based budgeting methodology can help predict your business profitability with an accuracy not previously considered possible.
ABM Technologies has the methodology and the necessary expertise for accurate budget forecasting based on your current and expected outputs and business processes. This allows management to see and understand the impact of budget reductions and increases, especially when output is required to increase. more...
Tender Bids/Pricing
The ABM methodology and software enables your company to develop a tender bid that is transparent and comprehensible to both sides of the equation. At the same time it minimises the risk of error on your side.
ABM Tech methodology and software can be used to construct a tender bid in a coordinated and transparent manner, ensuring all factors comprising the modelling process are understood by, and transparent to, senior management.
ABM Tech methodology and software informs the development of the business processes that are critical to delivery of products and/or services. Resources (including personnel, rosters, equipment requirements etc) are all fully incorporated, providing senior management with an accurate picture of'“unit cost'. This, of course, informs the accurate calculation of the final price.
ABM Tech modelling and software management can model any number of 'what if?' scenarios to determine the best option for your company.
Our modelling processes and methodologies are easily transferable to in-house staff if required.
Once your bid has been accepted and the contract is in place, ABM Tech’s methodology and software can be used in the field to monitor actual occurrences against the budgeted plan, thereby identifying unnecessary services or costs before they impact adversely on your bottom line.
Marginal Cost
Marginal Cost is the change in total cost that occurs when the quantity produced changes by one or moreunits. Marginal Costs are defined, formulaically, as:
Change in Cost / Change in Quantity
ABM Tech software and methodology enable marginal cost calculations to be easily achieved across any type of business. ABM Tech software captures and incorporates a range of other value items, including, but not limited to, FTEs and production volume.
Manage & Measure Performance
Cost control in business is critical. A full understanding of performance-against-cost and performance-against-revenue is a crucial component of a detailed business analysis.
ABM Tech delivers an accurate picture of the performance of your business, by bringing to the task the full suite of performance-related data in a model which is readily accessible and able to be integrated into your cost management processes.
We can combine your performance metrics with financial information to enable your management team to gauge accurately the true performance of your business.
Identify Profitable Product & Service Lines
ABM Tech software enables management to identify profitability, month-by-month and product-line to product-line, with all corporate overheads and expenses fully accounted for and directly reconcilable to your Profit and Loss Statement.
Using ABM Tech’s methodology and software solution, your senior management team can look critically at business profitability, confident that all relevant data, drawn from both the primary and secondary systems, has been used to inform the business model.
ABM Tech's methodolgy and software allows the management team to understand the most complex aspects of the business and to undertake detailed business analyses without wading through acres of spread sheets. Your management team can ascertain profitability trends across a set period and identify potential problems before they occur.
Data Credibility & Integrity
In a world increasingly focused on governance issues - corporations law, tax obligations and general day-to-day management, ABM Tech brings to your business an immensely capable software system to help you manage the data incorporated in the finance, payroll, personnel, customers, logistics and assets systems.
ABM Tech staff can configure for you a full cost and performance model, extracting your corporate data from the corporate systems such as GL, HR, Payroll, Assets etc. This data will form the basis of the modelling process, bringing to foreground issues of immediacy such as payroll to GL reconciliation, payroll to HR, Assets to configuration systems etc…
ABM Technologies reveals the full extent of any data problems that may be inherent in your systems and can resolve quality issues so that data can be presented to senior management and the Board with confidence.
Profit Analysis
A truly successful business will have a firm grasp, in both a mathematical and statistical sense, of its profitability including a clear understanding of its customer base and how individual customers directly contribute to or detract from the bottom line.
Using our experience in managing large volumes of data and correlating relevant components, ABM Tech can integrate your CRM system into the costing process. This will give your organisation an accurate picture of each customer’s profitability, enabling a full appreciation of the extent to which customers, or indeed a wide variety of interrelated contracts, are impacting on your business’ bottom line. more...
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