Product PROFITability® Analysis System™
Customized Cost Accounting System That Provides Post-allocated Financial Results of Products
Whether your bank or credit union struggles with product profitability, strategic profitability analysis, profitability ratio analysis, or profitability reporting, ProfitStars can help. Having an accurate picture of where revenues and expenses are derived is the foundation of any successful business model. It’s more important than ever to measure your strengths and weaknesses.
What if you could gain an accurate view of the true profitability of each product or product line? Our solution can help you achieve all that and more.
Product PROFITability compares individual products to one another from a post-allocated perspective. Viewing product margins from this perspective allows an institution to accurately see product profitability or product line profitability, and how it compares to other products or product lines. This helps an institution gain a more accurate picture of how products are contributing to the overall net interest margin.
Provides a clear, accurate picture of where revenues and expenses are derived.
Identifies hidden profit potential.
Determines which products add profit and which don’t.
Enables an institution to allocate funds in a fair, predetermined manner.
Helps an institution gain a more accurate picture of how individual products are contributing to the overall net interest margin.
Allows for simple setup of the cost accounting system.