Cost Allocation

We are in the middle of an unknown market situation and it difficult to predict the revenue stream and what will happen half a year from now. But one thing we can is to be in control of the company cost. We need to be more digital ready, get access and have a detailed cost transparency. The management team needs to have online access and insight in all our costs as an important KPI and a turning point to be ahead. There is a demand for realtime update and detail insight in company costs automated split to profit centers.

Allocation methods supported

During many years we have delivered different kinds of Cost allocation solutions to our customers. We have now collected all the knowledge into a standard product - Qbit Cost allocation (Qbit CA). It is based on the standard Jedox technology and can be integrated into the existing or a new implementation.

Qbit CA supports different standard allocation methods. It supports a flexible configuration where you can utilize the different methods in the same consolidation process.

What can Jedox offer?

Jedox embrace all business units to collect information’s and to support business and work processes,
and at the same time, gives insight in company goals and results.
Business beautiful woman writing in business notebook using smartphone

What are the customers saying?

Cases

You can’t do Rolling
forecast with Excel
Rikard Olsson, from the Beyond Budgeting Institute, said at the FP&A conference in Copenhagen, "You can't do Rolling forecast with Excel – I am not paid by Qbit but you need a system like Jedox to do this".
Tryg Group
Forecasting
It is essential for the Executive Board and the Group to have insight into the development of the business in a number of areas. For this, Tryg had over a number of years developed advanced and complex Excel and Access models to support the forecast.
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