| ValuMax |
Other solutions |
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Integrated Economic Value Added concepts with the costing process identifying products and customers that add or destroy value and calculate EVA by product |
Most competing systems don't have this feature |
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Allows cost movements in any direction using powerful matrix manipulator to solve all cost equations |
Some only offer “downward” or step wise cost allocations (which is mathematically inaccurate) |
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Accommodates multi-company and multi-branch costing in same model. Structured for large, complex organizations |
Most others cannot handel complex organizations and are best suited for simplisticenvironments |
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Fixed and variable costs, enabling critical cost/volume/pricing decisions |
Not Available in most other systems |
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Unlimited cost attributes, enabling understanding of costs |
Some others provide a backflush which generates 1,000s of lines which are difficult to interpret |
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Seamless integration for multi-company, multi-branch or cost centers, or can deal with a single BU |
Most others require separate servers and expensive and time consuming consolidation |
| Full Bill-Of-Material calculation |
Many others do not offer these calculations |
| Provide recipe structures for multilevel product structures |
Most Costing systems do not have this feature |
| Integration with virtually any financial GL |
Becoming standard |
| Imports from text, ASCII or other data bases |
Some still require manual inputs but becoming standard |
| Provides traceability in even most complex systems. System is fully auditable |
Some cannot show links and are not auditable |
| Allows grouping of costs or formation of cost pools that may not exist in GL. Linking at multiple levels |
Most systems are rigid re costs grouping and might not allow linking of GL accounts directly to products |
| Reporting thru Graphical analysis, OLAP cubes, Grids, Paper reports, or structural analysis |
Most other systems must use external OLAP systems for analytics |
| Well structured database ensuring referential integrity in data as well as accounting integrity |
Not standard in other systems |
| Integrity reporting on all links, measures and calculations. Offers a continuous balancing method |
Traceability of integrity issues is a major problem with some systems, making it difficult to “balance” the costing |
| Personnel cost allocation and linking of staff and other resources to activities, facilitating dynamic building of Resource drivers. |
Most systems don't offer personnel linking so it must be accomplished outside the costing system. |
| Provides multiple views of cost such as Process or activity, organisational or Location views |
Most other products offer a single view only |
| Powerful export capabilities to Excel |
Not available in all systems |
| Multi-period and multi-version allowing the testing of multiple scenarios |
Available in some solutions |
| Multiple classification of activities and cost objects providing strong analytical capability |
Provided by some solutions |
| Multi-company, multi-branch or cost centers providing seamless integration between models or the capability to only deal with a single BU |
Most other solutions require separate servers, with additional expensive and time consuming consolidation servers |