Digital transformation at Puntonet: Innovating Cost Management and Profitability

The project involved implementing an advanced cost and profitability solution in the Oracle cloud, using Oracle Profitability and Cost Management Cloud Service. The main objective was to provide the organization with a robust and scalable platform that would allow the cost distribution and tracking processes to be executed efficiently and in real time. By implementing this cloud solution, the aim was to significantly improve the timeliness and quality of financial information, optimizing the analysis of costs and profitability by different business segments.

A key aspect of the project was to provide end users with the ability to generate “what-if” scenarios. This type of analysis is crucial for strategic decision-making, as it allows for the assessment of multiple future scenarios and their potential financial impacts, facilitating a proactive approach to business management. By offering this functionality, the solution enables users to model different alternatives, anticipate changes in the market, and adjust their strategies based on the results of the simulated scenarios.

The proposed solution not only sought to optimize current processes, but also to offer a tool that is easy to manage and adapt to the client's future needs, ensuring its long-term sustainability and relevance.

The implementation of Oracle Profitability and Cost Management has enabled significant achievements, both in terms of operational efficiency and the quality of financial analysis. Key achievements include:

• Generation of advanced dashboards and reports for profitability monitoring : One of the key benefits of the solution has been the creation of interactive dashboards and detailed reports that allow users to continuously monitor product profitability. These dashboards provide a clear and accurate view of financial results segmented by different business lines, which has facilitated a greater understanding of the performance of each segment. This ability to accurately track products has allowed the organization to make more informed and strategic decisions.

  
  

• Delivering a robust and scalable model : The implemented solution not only met the initial requirements, but was also designed with a long-term focus. A robust and easy-to-manage model was delivered, allowing end users to manage and update the solution without having to constantly rely on technical support. This autonomy has been key to ensuring the validity and flexibility of the tool, adapting to the changing needs of the organization over time.

  
  

• Increased process agility and efficiency : The transition to a cloud solution has significantly optimized processing times and operational efficiency of cost allocation processes. This has not only improved the quality of the data generated, but has also allowed analyses to be performed in a more timely manner, providing accurate, real-time information for decision-making. Users can now access information from anywhere and at any time, which has increased the organization's flexibility and responsiveness.

  
  

• What-if Scenario Simulation Capabilities : The implementation of this functionality has been one of the most significant advances for strategic decision making. Users can create and analyze different scenarios, exploring how different variables could impact future financial results. This has allowed the organization to better prepare to face various market situations, make timely adjustments to its strategies, and optimize operational and financial planning.

  
  

• Reduced dependency on technical support : Thanks to the ease of administration of the model, end users now have greater control over the solution, which has reduced the need to turn to technical areas for adjustments or updates. This has streamlined processes and allowed users to focus more on analysis and decision making than on operational tasks.

  
  

• Scalability and flexibility for future upgrades : The solution was designed with the growth and evolution of the organization in mind. This means that the model is flexible and can easily adapt to new needs or requirements, whether it is the inclusion of new products or business lines, the integration of new data sources, or expansion into other markets. This scalability ensures that the solution will be a strategic tool for the organization in the long term.

The implementation of Oracle Profitability and Cost Management has enabled the organization to optimize its cost allocation and profitability analysis processes, while the ability to generate “what-if” scenarios has significantly improved strategic decision making. The delivered model is robust, easy to manage, and highly scalable, ensuring that it will remain a relevant and valuable solution for the organization as it grows and evolves.