PROFITability® – Organizational and product profitability system
PROFITability is the cost accounting analysis system that supports organizational and product profitability analysis. This system accurately ties compensation to performance with branch managers and other key personnel. It also determines which branches and products add profit and which do not. PROFITability further identifies hidden profit potential. Accurate profitability of a branch, department, or region can be easily determined. Combining that profitability analysis with the customer profitability information provided through the Relationship Profitability Management system enables the financial institution to review allocated expenses and generate accurate adjusted earnings for each organization. Product profitability is generated by comparing individual products from a post-allocated perspective, which allows financial institutions to accurately determine the profitability of each product and compare it to other products.
For more detailed information please visit the ProfitStars Performance Knowledge Center.