Case study: Management and cost results

Equivida

“By institutionalizing and implementing the management and results of the ABC methodology in the organization in mid-2018, we found answers to the question “How much does it cost?”. The top management committee has established plans and strategies to move forward to the ABM methodology with answers to the next question: Why does it cost …?”

Carlos Chiluisa
Director of Financial Planning and Costs
Quito, Ecuador

COMPANY

Equivida is a leader in the insurance market in Ecuador, operating in the segment since 1995. Supported by the most experienced professionals in the global market, such as Swiss Re and Hannover Live Re, Equivida is dedicated to offering solid and reliable services to its customers, by means of a rigorous adaptation to the laws and regulations of the sector in the country, and by seeking to meet the needs and plans of their consumers.

CHALLENGE

In 2017, following a strategic decision, two ABC cost models were designed, the first oriented to administrative and support costs, and the second oriented to business costs (Commercial, Operational and Technical). The models were structured within the MyABCM system and using their functionalities were integrated with each other, meaning that the costs of the first model (administrative and support) are assigned to the second (business) model to obtain consolidated results, totally absorbed, and with total traceability.

In the year 2018 in the area of Finance, these two models continued to be managed and fed with accounting, operational and commercial information in a centralized manner to analyze the results of total and unit costs at the line of business, branch and product level. MyABCM contributed significantly in this second year through its OLAP reports, allowing the interactive visualization of both Costs results at a Strategic level (e.g., Profitability and Cost to Serv), Operative (Unit Cost), and Administrative (Charge Back Cost), as Cost Indicators to be monitored in each area.

RESULTS

By institutionalizing and implementing the management and results of the ABC methodology in the organization in mid-2018, we found answers to the question “How much does it cost?”. The top management committee has established plans and strategies to move forward to the ABM methodology with answers to the next question: Why does it cost …?, Where MyABCM played an important role by allowing the decentralization of the two initial models in 5 support models (FIN, IT, TH, CON, EST) and 3 business models (MKT, COM, OPE) and by analyzing the efficiency, productivity and unused installed capacity in each area through calculated routers.

The next challenges for the ABC/M project are related to the review of the results of 2018 by area and in a consolidated manner, the comparison between the real cost and the budget during 2019, the simulation and projection of business scenarios to medium and long term in 2023, as well as the initiation of actions that allow the reduction of costs or complexity of activities, the monitoring of efficiency and productivity, and/or the decision-making related to doing vs. buying. We will continue using the MyABCM system functionalities for the automatic creation of scenarios, import and export of information (expenses, standard times, transactions, commercial volumes, etc., real, budgeted, or simulated) and model structures to facilitate the administration of costs and performance in Equivida.

The evolution of the ABC to the ABM has been possible thanks to the impulse of the General Management, the leadership of the Financial Management and its Planning and Costs team, the involvement of the Management of each Area, the specialized guide of Performance Empresarial, and the MyABCM support.

为贵公司的财务管理量身定制解决方案

基于我们在市场上的广泛经验和我们在几乎每个行业的成功案例研究,我们已经制定并继续完善完整的和创新的解决方案,用于成本、盈利能力和绩效的战略管理。我们的产品是为满足每个客户的特殊需求而设计的。

制造业


Bardahl
作为汽车液体、添加剂和润滑油的领先者,该公司使用MyABCM来确定优化其盈利能力的机会。
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Corporación Aceros Arequipa
秘鲁集团成立于1964年,现在是钢铁行业的领头羊,它生产并向机械和建筑行业销售钢筋,使用MyABCM跟踪降低和优化成本的可行性。
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Cadbury – Grupo Peñafiel
作为墨西哥最大的饮料公司之一,该公司已经经营了60年,它使用MyABCM来分析配送路线、市场、品牌、渠道、地区和客户的利润
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Corporación Maresa
作为厄瓜多尔最大的企业集团之一,它的大部分业务都是面向汽车行业的,它已经在几个业务部门安装了MyABCM的收益软件
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Qualtia Alimentos
成立于1972年的一家食品公司,在40多个国家生产肉类和奶酪并将其商业化,并定期使用MyABCM发现提高盈利能力的机会。
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Alcyon
Alcyon是法国在向动物、食品和设备提供药品药剂方面的领头羊。
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服务业


TEO
作为宽带互联网接入和电信服务的供应商,它向立陶宛的住宅和办事处提供综合电信、信息技术和电视服务,并使用MyABCM分析成本
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Martins
作为拉丁美洲最大的批发经销商,它使用MyABCM来帮助它了解公司主要业务领域的盈利能力。
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Unimed
Unimed-Rio是由医生创建的,并且是由医生使用医学上的最佳做法来经营的。它力求为人数最多的人提供最高水平的优质服务
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Hospital Metropolitano
在巴西北部卫生部门,它使用MyABCM工具帮助管理医院费用。
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Visa Vale
作为Visa集团的一家子公司和电子卡福利部门的领头羊,它拥有6万家公司客户,并使用MyABCM详细说明其对产品、渠道和客户的间接支出
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Servipag
MyABCM解决方案帮助这位智利财务支付和交易部门领军企业为其提供的每项服务的成本和盈利能力做方案。
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Carrefour Soluções Financeiras
在巴西各地,Grupo家乐福公司使用MyABCM解决方案来确切了解维持和扩大其客户群所需的费用,这是该集团在巴西增长的基本战略
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STIME
一个以信息技术服务为重点的国际集团,利用MyABCM按活动进行战略成本管理
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Coopmil
Coopmil是一家非营利性金融合作社,旨在通过提供金融和社会产品的最佳成本收益来提升合作家庭的福祉。
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Equivida
MyABCM通过联机分析技术报告,使两种成本结果在战略、运营和管理层面的交互可视化
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CONTECON MANZANILLO

Contecon Manzanillo SA de CV
是国际集装箱码头服务有限公司(ICTSI)的子公司,该公司成立于1987年,是一家菲律宾公司。ICTSI在世界各地拥有32个终端。
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GOING (Global Operations International Group)
组成该集团的公司专门通过其基础设施提供安全和效率。
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公共部门


Imprensa Oficial do Estado de SP
它是巴西最传统和最受尊敬的组织之一,它使用MyABCM分析产品、客户类型、销售渠道和销售类型等各个方面的成本。
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Latvenergo
位于拉脱维亚首都里加的一家上市公司,使用MyABCM详细了解其所提供服务的成本,并一对一地分析其各业务部门的成本。
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UTE
UTE是乌拉圭政府的一家公司,它的业务包括整个国家的电力供应链
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