Understand your Operating Costs at a click
Do you really understand your Operating Costs?
To effectively manage your costs you need to know where the costs went, what it was spent on, who spent it and when.
Do you have an effective cost reporting solution to answer these questions?
Far Data Solutions have developed BusinessAnalyser™ - a cost effective solution for people in your organisation to manage their costs, allowing you to maximise your profits.
Most Organisations use Excel based solutions to manage their costs. These solutions become increasingly difficult to maintain and are prone to data integrity issues due to the manual nature of handling the data. Due to the time and effort to collate, manipulate and distribute cost information, Excel, reports are delivered monthly, usually a number of days after the end of the month. Finally the presentation of cost information in this format does not allow people to effectively analyse and interpret their costs. Alternatively, organisations utilise Business Intelligence tools to deliver their cost information which addresses many of the issues faced with Excel based solutions. However, Business Intelligence tools still fail to deliver the control, navigation and functionality necessary to report cost to effectively manage.
Organisations are trying to create a culture whereby people are focused on managing cost. This is impossible when you cannot deliver timely and accurate cost information within a system that contains the right functionality to analyse and interpret this information.
BusinessAnalyser™ is a user-friendly business focused solution targeted towards organisations that need to understand and manage their operating costs. Operating costs can be viewed from a high level and intuitively driven down through a variety of structures to lower levels. Users can compare operating costs to plan and reforecast, view variances and interrogate costs down to transaction level detail.
In simple terms, BusinessAnalyser™allows people responsible for costs to actively analyse and manage their expenditure in a system that requires little or no end-user training. All Users can easily access up to date cost information from a single, consistent and reliable source.
The added benefits of BusinessAnalyser™ to you include:
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Ability to interrogate costs across any structure and period of time
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Allows focus on cost interpretation rather than data collation
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Highlights issues for corrective actions
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Readily adapted to changing business circumstances
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Managed and administered by non IT people
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Identifies data issues in source systems
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Adds value to the planning process
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Low Total Cost of Ownership – it is a fully developed solution
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No upfront Capital Costs
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Web based solution allowing remote access
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Low infrastructure requirements
