With ImpactECS, financial services and insurance companies can:
Assign detailed costs based on the consumption of time, labor, facilities and capital, as well as the characteristics of products, services or customers
Measure and evaluate profitability at all levels – corporate, product, channel, segment and more
Calculate cost and profits using activity-based costing (ABC), time-driven activity-based costing (TDABC), allocations, or any other option or combination
Perform comparative analysis of costs and profits at all levels of the organization
Analyze scenarios by adjusting or ‘flexing’ any characteristics of the product or customer