PROFITability® * – Organizational and product profitability system
PROFITability is the cost accounting analysis system that supports organizational and product profitability analysis. This system accurately ties compensation to performance with branch managers and other key personnel. It also determines which branches and products add profit and which do not, and identifies hidden profit potential. True organizational profitability of a branch, department or region can be easily determined, with the capabilities to review allocated expenses and generate accurate adjusted earnings for each organization. Product profitability is generated by comparing individual products from a post-allocated perspective, which allows credit unions to accurately determine the profitability of each product and compare it to other products.
* Provided by Jack Henry & Associates’ ProfitStars division