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The CPS is cutting edge
business intelligence that is 100% customizable to match your
business and calculates against your own data, providing you with
exactly the information you need to effectively manage your operation.
How Does It Work?
!! New : Movie Demos !!
Using
the
CPS
as a Costing Tool (3 min)
Using the CPS for Business
Intelligence and Decision Support (4 min)
Understanding
Activity
Based
Costing & Management
Download: Simple ABC Example
in Excel
Activity Based Costing Step By
Step
Download: Prismata CPS
User Manual
Activity Based Costing is a technique that accurately
allocates direct and indirect costs to the activities, service or
service recipients that consume an organization's resources.
The ledger is the list of all of your organization's
resources, e.g. salaries, rent, parking... Your ledger dollars
are allocated to your resources, which are essentially your machines
and your employees, e.g. the 'Sales Team' may be a resource for your
company. The resource dollars are allocated to your activities,
which are the tasks that your resources perform, e.g. the 'Sales Team'
does 'Order Entry' and 'Customer Management'. The activity
dollars are then allocated to your cost objects, which are your
customers, products, vendors... At the end of this process, all
of your expenses are distributed to the customers, products and
projects that consume your resources based on how much effort your
resources spend on each one.
Will It Work With My Company?
Yes. We have worked with customers from government to
distribution to financial services to professional services to
healthcare, along with many others, and all of them have added
significant value to their organization. Cost and profit
assessment and control is applicable everywhere. People use
costing for a vast number of reasons, from customer / product
management (Who are my most profitable customers and how do I grow /
retain them?) to shared services (What does it cost me to process the
payroll checks for all of my divisions?) to manufacturing (What does it
cost me to produce product X?) to forecasting (What should
I budget for next year?) to employee education, and more.
Understanding expenses and profits gives insight into your operations
and makes complex financial decisions straightforward.
ROI with Prismata really is a non-issue, regardles of
your organizational focus. The software should pay for itself
twice (i.e. 100% ROI) within 60 days. Visibilitiy into your
expenses and profits invariably adds to your bottom line, increases
your organizational stability, and leads to a culture change that
continues to provide returns year after year.
Does It Work With My Sales
Management System / ERP?
Yes, Prismata can obtain data from your sales management
or
ERP system in a number of ways: (1) Prismata can
automatically integrate with your systems to pull out the data that it
needs (we have written scripts for several systems and are writing more
all the time), or (2) Prismata can use canned reports from your system
to get the data that it needs. No data is manually entered into
the software.
Does It Work With Quicken /
Quickbooks / Microsoft Money...?
Yes. All accounting applications allow you to
export your information to Excel or CSV, which the Prismata CPS then
imports.
How Difficult Is It To Set Up?
The Prismata CPS is the most user friendly cost
accounting application on the market today, with easy to use wizards
that walk you step by step through the cost allocation process.
Models of average complexity take about a day or two to set up.
Simple models take less time, and complex models or the modeling of
multiple branches can take more time.
Can I Use My Own Reporting
Software?
Yes. The CPS runs on SQL Server, so it's easy to
use your own reporting software to report against your costing and
profit data.
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