Financial Cost and Analysis Applications
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Cost Analysis & Reporting Tool
Business Problem: The
customer needed to match and analyze invoices against actual costs. This information resided in disparate, non-integrated
systems. The existing process of gathering and analyzing information was labor intensive and involved manual comparison of
different reports from different systems. The resulting delay, inaccuracy, and labor cost were negatively impacting the customer's
bottom line.
Solution:
Cost Analysis & Reporting Tool Online Solutions developed a Cost Analysis & Reporting system. The system provided
the customer the ability to input invoices to the finest level of granularity and access existing systems to collect data
and update with accurate information. A comprehensive reporting and analysis component was developed; thereby providing the
customer detailed cost breakdowns.