Management Accounting Software - Decimal Suite

By: Decimal  09-12-2011
Keywords: profitability, Budget Planning, Activity-based Management

The Decimal Suite Software Solution is the perfect support tool for better strategic decision-making for companies of all size and activity. The result of over twenty years of research and development, this powerful Web solution offers maximum flexibility and easy adaptability. The Decimal Suite allows public and private companies to accurately forecast costs and profitability of products and services.

Decimal Suite supports Oracle Database 11g R2, Oracle WebLogic 11g R1 and Oracle Linux 5.5

A planning and budgeting tool of operations and costs

Designed with activity-based management concepts in mind, the Decimal Suite integrates functionalities such as cost modelling behaviour, production costs, profit optimization, budget planning and management, incorporating these within a comprehensive business management tool.

The Decimal Suite colligates strategic financial and operational information for all levels of a company in a single database. This information constitutes the company’s business intelligence and is organized and presented to different levels of management in accordance with company policy and regulation.

By placing strategic information into a single, streamlined repository, the Decimal Suite helps companies improve communication between different departments and functions, promote synergy in the implementation of budget, production costs and profitability, and ultimately, produce more efficient managers.

The Decimal Suite offers many functions, which are all linked to one another, allowing users to optimize their corporate performance management strategy.

Overview of the Decimal Suite’s business and technological features

(Rollover the circles to read the description of the modules)

The Decimal Suite’s unique proposition

  • From day one, the Decimal Suite has been based on process management. Early versions were mainly used as sequential transformation processes. Soon after, the Decimal Suite was developed to support the more traditional cost allocation models often used by service companies. Today, these service companies are increasingly adopting the concepts of operational companies who are more likely to optimize and relocate resources to struggling sectors, control operational constraints and bottlenecks, analyse cost structure and behaviour, etc, to keep businesses running and profitable.
  • The Decimal Suite follows a global cost and budgeting approach. The Suite’s modules support the implementation of a complete cost and budget establishment system. Budgeting process results allow users to determine costs of products and services. Conversely, the design of a cost model is used as a foundation for designing the budgetary process. This unique global approach ensures two things; first, that sales objectives are based on an informed selection of products and services, second, that managers keep track of results and effectively catch and understand discrepancies in the budget. 
  • The Decimal Suite supports comparison of several competing cost models. This provides management with a global and detailed view of the affordability of each model’s performance. Designed to modelize budgetary, actual, forecasted and hypothetical results such as acquisitions, relocalization, and other major decisions, the Decimal Suite consolidates and compares results and shares this business intelligence with a company’s key players.
  • The Decimal Suite gives direction to the development of standard models, ensuring effective benchmarking between operational entities (factories, departments, etc). At the same time, the managers of these entities may define data according to their operational realities directly within the global structure of the master template. This approach allows users to benefit completely from the thoroughness of a centralized system and the flexibility of a spreadsheet.
  • The Decimal Suite uses a global approach for budget and costing. The Collaborator module, is decentralized to allow managers of different executive groups to personally enter their budgetary data. It is built directly within the Modeller module, which analyses trends in company costs.
  • The Decimal Suite offers maximum scalability for projects of any size. The application services clients of all sizes. Whether it’s for profit organization, a private or public company or a public organization (municipal, provincial or federal), the Decimal Suite clarifies the strategic decision-making process, allowing companies to reach corporate objectives. Regardless of the number of users or information required by management, the Decimal Suite offers a unique and scalable potential.
  • The Decimal Suite promotes activity-based management process in any company in which individual entities can establish performance evaluation guidelines and consistent comparison criterions. Companies will see the success of the solutions implemented, as the strategic decisions taken will have measurable impact on the general performance of the company.

When it comes to analysis, simulation, planning or any other corporate task, the Decimal Suite is the perfect solution for your needs!

Keywords: Activity-based Management, Budget Planning, Budgeting Tool, profitability,

Other products and services from Decimal


Budgeting and Forcasting Process

This analysis relies on reusing the production cost model and all the associated business rules; this provides managers with a head start in their budget preparation activities and a better understanding of how those business rules impact the production and overall costs of the organization.


Activity-based Management / Activity-based Costing (ABM/ABC

This approach provides a much more accurate picture of production costs, since overhead costs are no longer allocated arbitrarily but on the basis of cause and effect. ABM’s main advantage is that, by identifying company-specific performance measures, it focuses cost management activity where it will do the most good.


Activity-based Management and Corporate Governance Consulting Services

When you need to improve your performance yet limit the potential risks involved, Decimal consultants make a world of the difference. We have extensive experience in corporate governance, internal audits, risk management and financial compliance. We have extensive experience in cost management, in profitability and budgeting process optimization. Our software programs been developed by specialists with a thorough grasp of our clients’ needs.


Management Accounting Solution

This application enables multinational enterprises to use benchmark data for strategic cost management and profitability analysis throughout all their sites and use BI for their information needs. The amount of data generated by the application can be very large, making OLAP functionality mandatory in order to accelerate data access and facilitate its analysis.


Banking Solutions

In today’s economic climate, the banking sector has to face many challenges, among them risk management, regulatory constraints, the need for enlightened administration of performance and costs using precise, reliable indicators and the responsibility of ensuring that financial information is clearly and accurately communicated.


Corporate Governance

Never before have governance practices and quality control over financial controls changed so dramatically nor risk management, internal audits and financial compliance ever been so important for organizations. Your organization’s corporate performance can experience measurable improvement due to the dedicated efforts and solutions of DECIMAL. Decimal experts’ proven methods and business process acumen guarantee you a return on your investment.


Cost Management Profitability Analysis

Knowing how your costs break down and especially how they behave depending on a variety of different situations and decisions are two elements vital to sound organizational management. Budget cutbacks, increased customer demands, increased operational complexity— many of today’s managers have to deal with these challenges.