ValuMax | Other solutions |
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 |
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) |
Accommodates multi-company and multi-branch costing in same model. Structured for large, complex organizations | Most others cannot handle complex organizations and are best suited for simplistic environments |
Fixed and variable costs, enabling critical cost/volume/pricing decisions | Not Available in most other systems |
Unlimited cost attributes, enabling understanding of costs | Some others provide a back-flush which generates 1,000s of lines which are difficult to interpret |
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, organizational 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 |