Analysis

pVelocity Profitability & Cost Optimization is a purpose-built software solution designed to provide analytical insight for business managers. According to the vendor, it enables detailed analysis of operational and financial data to improve margins and drive optimal customer, product, and asset performance. This product is aimed at businesses of various sizes and is used by financial executives, business managers, production and supply chain professionals, sales and marketing professionals, as well as product and pricing managers across different industries.

Key Features

According to the vendor, pVelocity Profitability & Cost Optimization offers the following key features:

pVelocity Software: This product is purpose-built for profitability and cost optimization. It allows business users to analyze past profitability and anticipate future changes by enabling detailed analysis of operational and financial data to improve margins.

Role-Based Interfaces: This product provides role-based interfaces for different operational roles, such as production and supply chain, sales and marketing, product and pricing management, and corporate roles. According to the vendor, this allows users to analyze and optimize performance based on their specific needs.

Ready to go Out-of-The-Box: This product is an out-of-the-box solution that integrates seamlessly with existing systems. It leverages ERP and BI data to deliver immediate insight into profitability. According to the vendor, it is quick to set up, easy to use, and provides granular insight into the profitability of individual products and customers.

Financial Simulations: This feature provides advanced capabilities for simulating multiple scenarios. According to the vendor, it enables users to assess the impact of changes in development, production, or operating environments on profitability. It also allows analysis of the effect of cost changes on customer contribution margins and market share.

Powerful Cost Visibility: This feature consolidates actual cost data from enterprise systems, providing accurate cost visibility. According to the vendor, it enables real-time "what-if" simulations to support scenario modeling and decisions, both within and outside the enterprise.

Margin Mix Improvements: This feature uncovers actionable opportunities to improve the profit characteristics of underperforming products. According to the vendor, it facilitates collaborative actions to capture and communicate adjustments to price, volume, costs, and suppliers, resulting in margin mix improvements and increased profitability.

Accurate Basis for Current Product Costing and Pricing: This feature consolidates actual cost data from enterprise systems, providing an accurate basis for current product costing and pricing decisions. According to the vendor, it allows instant access to production recipes by product or customer and enables analysis of the effects of changing the supply chain on assets, customers, and products.

Model and Forecast Outcomes with Confidence: This feature categorizes and segments affected products, assets, and facilities by contribution margin, volume, and revenue. According to the vendor, it enables simulations to model the risk and impact of price increases on sales volume and operational efficiency, providing accurate and up-to-date cost, price, and profit analysis for confident decision-making.

Increases Deployment Speed and Ensures Rapid Return on Investment: According to the vendor, this product follows a seven-phase project management and planning process for rapid deployment. It includes installation, configuration, testing, education, and training for key personnel, as well as system backup and recovery procedures and process reviews.

SOA-Based Architecture: According to the vendor, this product uses an open, standard System-Oriented Architecture (SOA) for smooth integration and rapid deployment. It leverages existing infrastructure, works seamlessly with multiple data sources, and provides a flexible Application Programming Interface (API) for extending core capabilities and configuring the front end, ensuring easy access to the information needed for effective decision-making.