After presentations from several vendors, MyABCM was chosen because it meets our company requirements and because of its superior cost/benefit and effective help-desk, always available to answer our requirements.
Company belonging to the Visa group and one of the leaders in the benefits industry with electronic cards uses MyABCM to detail indirect expenses per Product, Channel and Customer.
In 2007 the Controller's Department faced the challenge of improving the results on the bottom line. In order to achieve that, a better understanding of product cost behavior was necessary, resulting in a better pricing process.
Several ABC packages were analyzed. After consideration of all the vendors, MyABCM was chosen because it meets our company requirements and its superior cost/benefit along with an effective help-desk always available to answer our requirements.
With the MyABCM implementation we were able to create reports of the indirect expenses and cross analyze data related to Channels, Clients and Products. MyABCM also lets us display the most expensive and less relevant processes thereby supporting a much more accurate decision making, beyond increasing the Channels profitability.