Profitability Improvement
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Expertise

Profitability Improvement

Your Challenges

Identify the real drivers of profitability and act on them

Improve your pricing and cost management processes

Eliminate superfluous complexity

TriFinance helps you to identify the real drivers of profitability, reducing complexity and improving your pricing and cost management process.

Managing your profits

As the saying goes: “If your profit margins aren’t rising, chances are your company isn’t thriving”. The truth is, everyone pays attention to profitability, but few companies have a process to systematically manage profits on a day-to-day basis. 

Profit management is not a one-time event. It’s a continuous process, starting with accurate costing and profit reports on products, clients, segments, and entities. 

When those data points are available, the best performing companies run their business through continuous identification, prioritization, and profit improvement initiatives. These initiatives go beyond headcount reduction to look at ways to lift top-line growth and eliminate the weeds of bureaucracy.

 

The profitability management process

We assist companies in implementing a stronger profitability management process through three specific domains of expertise:

  • Profitability reporting: to make progress, you need to know your baseline situation. Our reporting and analysis experts turn out the necessary reports to uncover your organization’s profitability structure, also revealing its actual drivers. 

    We create visibility in customer and product profitability, assess the cost of services delivery, or the productivity of your resources. 
  • Pricing management: our team assesses and improves the end-to-end pricing process by defining policies, setting prices and rules, approving transactions, controlling rebates and discounts, and monitoring profitability outcomes. 

    We assist in the selection of technologies to improve the organization, maintenance, and optimization of list prices and customer-specific pricing. 
  • Cost and complexity reduction: we help you gain a better understanding of your spend per category and per supplier to identify where and how money can be saved. 

    In addition to applying the standard financial playbook of reviewing and reducing the level and pattern of spending, we look at the complexity of work to eliminate any activities for which the cost exceeds the value.

Who will support you

Our specific subject-matter expertise, industry knowledge and pragmatic advisory methodologies are delivered by CFO Services, MI&S and Financial Institutions

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