Cost Allocation Software Solutions
ORYX Cost Allocations is our add-on module to ORYX Close that reduces effort by up to 80%, and shortens time by up to 50% for the processing of expense allocations. We know businesses spend an inordinate amount of time manually processing, categorising and allocating expenditure. It can be a challenge to ensure a correct and fair distribution of expenses to each business unit. And these time consuming actions often generate backlogs which mount up and make Quarter and Year End activity even more stressful. We also understand Business Managers want to improve visibility of outgoing costs add to your workload by requesting timely and accurate management information. Then there’s tighter regulation and governance requirements of Solvency II and Pillar 3. What if you could address off these issues, free up more time for your team, and be able to spot issues and trends early? Accountagility’s Cost Allocation module makes this intricate area efficient whilst adhering to regulatory compliance.