Implementing a new Capital expenditure and planning process? Want to complete the TM1 implementation on time and within budget?
Prolifics has a performance management solution specifically for Capital expenditure planning, reporting and analytics. It provides more detail, transparency and efficiency to the capital planning process by providing a bottom-up, driver-based Capital planning and reporting model.
Prolifics can accelerate TM1 Capital expenditure and planning implementations for organizations and provide the following benefits:
- Leverage years of TM1 expertise and implementation experience at the onset of your implementation
- Enforce a standardized and best practice approach for your TM1 solution
- Shorten implementation time
- Minimize ongoing maintenance and total cost of ownership of your solution
- Maximize return on your TM1 investment
- Integrated Capital asset and project planning, with one single source of truth
- Combine CAPEX planning with other planning processes in your organization
- Ability to do scenario analysis on the different drivers of CAPEX
- Centrally manage global parameters affecting the planning cycle
- Quickly adapt your Capital plans and understand impact to your organization
Features and Functionality
The Prolifics TM1 CAPEX Accelerator is fully developed TM1 solution comprised of comprehensive, pre-built functionality to facilitate your CAPEX processes:
- Easy to use, intuitive interfaces for new asset planning
- Drop-down menu based selections
- Online help and instructions
- Plan by any asset category for any cost center, including key asset data such as description, business rationale, risk impact, residual amount, expense, capitalization and disposal periods, etc.
- Automatic calculation of depreciation continuity schedules for newly planned assets
- Integration of existing asset schedules
- Analysis of new, existing and combined asset balances and depreciation
IBM Cognos TM1