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Industry:
Prodacapo product:
Solution in brief: |
Insurance
Prodacapo ABC/M
Product costing and improving efficiency |
Reducing costs and improving product profitability
About
Zurich Financial Services Australia is part of the global Zurich Group, a trusted provider of financial protection and wealth accumulation solutions, with operations in more than 50 countries. Zurich Australia has 1,000 employees.
Challenge
Zurich Australia needed to increase their understanding of costs so that they could handle them better and improve product profitability.
Results
Using Prodacapo's solution for Activity-Based Costing/ Management, Zurich Australia:
- Transform cost center allocations into reliable shared-service costings.
- Gets more accurate and transparent information about costs and profitability per product.
- Gains insights into how they can improve business operations and reduce costs.
Zurich Australia updates the ABC-information quarterly.
Learn about the Prodacapo ABC/M software »
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"Before Prodacapo was introduced we argued about which products were really profitable. We now understand our business better, we have good product costing information and there is a desire by the entire organization to continually refine this process."
Paul Barnicoat
Group Financial Officer
Zurich Financial Services | |
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© 2010 Prodacapo AB. All rights reserved. |
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