Our versatile technologies enable us to adopt tailor-made solutions that meet our clients’ needs

Create high-level financial plans that flex and adapt in real time

Covering budgeting, cost management, planning, analysis, and reporting, Verostone’s solutions deliver a joined-up picture of your current performance, and the risks and opportunities ahead.

With Verostone’s Strategic Planning, you can create multi-year financial plans that are fully integrated with operational budgets. For performance monitoring and risk management, Verostone equips you to meet the challenges and opportunities ahead.

Our acclaimed strategic planning approach helps you define the direction of travel for the entire business. Through actionable, long-range plans coupled with an organisation-specific scorecard system, you can develop and track KPIs, create and hone enterprise initiatives, and monitor your company’s performance in real-time.

• Capture the goals and initiatives needed to advance your organisation’s strategy
• Build a long-range plan that considers both operational and financial drivers
• Define, capture, calculate and publish KPIs and metrics
• Create organisational scorecards and dashboards to monitor progress and course-correct as market conditions change
• Define, evaluate and select key strategic initiatives and capital investments
• Model the impact of multiple scenarios and their impact on operational budgets and forecasts

Model multiple future scenarios to successfully navigate change

For any business, change is a fact of life, but all too often, technical limitations force teams to rely on the prevailing scenario as the one-and-only backdrop to their budgets and forecasts.

Verostone helps you eliminate the risks of bias and false assumption. Verostone’s Scenario Planning functionality lets you ask ‘what-if’ and gives you answers you can trust. You can apply multiple variables with ease to test the impact of a vast range of market and organisational changes. Equipped with this, you can present reliable, updated forecasts to executive decision-makers, on-demand.

Scenario planning is a vital tool for assessing the impact of critical uncertainties, new organisational initiatives and fresh market opportunities.

• Define the key internal and external drivers of the business
• Quantify your financial sensitivity to these drivers
• Test the strength and flexibility of a strategy under rapidly changing conditions and multiple variables
• Manage uncertainty by modelling scenarios that depart from the current conditions
• Investigate possibilities that would otherwise have been missed
• Prepare for various combinations of adverse circumstances that may manifest
• Produce higher quality strategic plans, budgets and forecasts

Make capital investments with confidence, track performance and monitor returns

Verostone’s Capital Planning and Tracking solution delivers the insight you need to deploy capital with confidence. We understand the questions you need ask: Does this project represent the best use of our resources? How will the additional outlay affect cash flow? Will the long-term profit justify the short-term costs?

The ability to answer these questions is crucial for your long-term financial strategy. By bringing forecasting, capital planning and tracking together, Verostone’s solutions empower you to make truly data-driven decisions, supported by numbers you can trust.

• Create, evaluate and rank proposed multi-year capital projects. Select the best fit for your company by comparing key metrics, including return on investment (ROI), net present value (NPV) and internal rate of return (IRR)
• Manage the entire capital planning request and approval process with a defined workflow, ownership and deadlines using the Process Management feature
• Assess a prospective project’s impact on the balance sheet, cash flow and profit and loss statement. Alter plan assumptions and quantify the impact of changing market drivers on proposed capital investments
• Model approved projects once they are live for regular, updated forecasts for time to completion, incremental cost, total cost and more

Modernise your financial processes for improved agility

If you’re planning to increase your organisation’s agility, you can’t avoid modernising your financial processes. Agile Financial Planning addresses the same issues as traditional financial planning, but the difference lies in how the advisor is positioned and how planning and advice are delivered. While traditional financial planning focuses on creating a comprehensive plan in a short period of time, Agile Financial Planning approaches it from an ongoing project management perspective.

The shift towards agile financial planning is significant and impacts the entire company. Therefore, good preparation is incredibly important for the success of this endeavour, and this is where Verostone can help.

Verostone’s partner solutions make it easy to create beautiful reports so you can discover the real-time insights that guide your journey to growth. We help your team understand your business’s past, present and future so you can move forward with your shared vision. Whether you’re planning for growth, planning for change, or planning for business as usual, plan with agility.

Gain full, real-time visibility of your cash flow for smarter decision making

With Verostone’s Income Modelling solutions, your finance team can confidently, quickly, and effectively adapt to uncertain market conditions and their potential impacts on revenue. Leverage real-time data to acquire insights, accelerate informed decisions, and advance plans.

Accurately and efficiently model different scenarios and re-shape financial plans and budgets to boost your performance.

• Seamlessly integrate data from any source into a single repository for planning, analysis, and reporting. Automate data integration and establish a single source of truth, with common definitions that uphold data quality
• Reduce planning cycle times. Quickly model and adapt your financial plans to optimise performance. Our easy-to-use global driver library incorporates the right operational drivers into your financial planning model with precision
• Sophisticated modelling made easy. Our integrated financial planning solutions unify disparate planning processes with your income modelling – from budgeting to forecasting to capital and long-range planning

Gain a holistic view of your organisational expenses

With Verostone’s Expense Planning solutions, your finance team can easily model the impacts of volume, rate, and efficiency assumptions across your expense plans with multiple versions or scenarios.

Verostone’s agile, intuitive software for budget development and tracking streamlines and integrates the process of modelling net revenue with the overall expense planning process. Global drivers are used to forecast key departmental statistics.

Gain better control of your organisational expenses through:

• Aligning interdepartmental expense planning with an integrated platform that’s accessible to all the different parts of the business
• Understanding how the decisions made in one area of the business affect the wider organisation, enabling you to better model the future and mitigate risk
• Allocating resources more effectively (by modelling profitability against expenses) to inform smarter decision-making

Combine your data to more effectively forecast and plan staffing decisions

Verostone’s Staff Planning solutions help you handle uncertainty, manage change, and avoid unexpected costs, by enabling you to forecast those vital implications of future staffing decisions.

Plan for salary and benefit changes by aligning human resources data with assumptions about future increases and budget. Forecast based on positions or individual employees, factoring in various drivers that impact your staffing.

Improve your entire budgeting process by:

• Applying different salary forecasts, multiple benefits, and rates of increase
• Integrating HR and payroll systems, drawing all employee data into a secure system
• Creating new staff positions incorporating salary and appointment data
• Integrating headcount and FTE planning to provide full visibility

Take a holistic view of balance sheets and cash flow

A changing approach to risk has prompted many progressive businesses to move away from silo-driven outlooks across income, assets, cash sources and operating costs. Efficient management is paramount for securing the long-term sustainability of any business and strengthening your organisation against financial risk. This means that it is important to gain full visibility of your cash flow to inform smarter financial decisions.

Plus, with current financial standards demanding that balance sheets reflect the potential of company assets, effective management can also generate efficiencies and reveal unrealised commercial value in underutilised assets. With our modular solutions, you will be able to:

• Institute processes to manage portfolios, capital, and liquidity more successfully, in times of financial stability, or volatility
• Build stronger communication between the finance and operational teams
• Enhance decision-making with full financial implications of decisions taken into account
• Reduce the risk of accounting errors, and subsequent financial loss or reputational damage
• Easily and efficiently manage, control, and monitor your cash management processes
• Monitor cash surplus regularly, on a daily or weekly basis
• Reduce risk and margins for error

Put your cash flow to work

Verostone’s partner solutions provides cash flow planning software that allows you to create driver-based models you can run monthly, weekly or daily. This allows you to “put your cash to work”.

• Effectively manage your cash inflows and outflows to anticipate long-term cash requirements and pay down debt
• Easily understand your cash flow drivers and set targets so you can proactively influence results and plan for future investments
• Make the right decisions at the right time utilising data driven insights

To optimise cash flow for your business, you need clarity

Cash flow is the most critical aspect for protecting and growing your business, especially now. Ambiguous projections and an outdated, inaccurate view of your cash hinder your ability to provide clarity to the business. But pulling different levers to understand their impacts on cash should not be a manual, time-consuming process.

With Verostone, your organisation will have the ability to optimise cash, shore up your capital position, and extend your runway to build business resilience. From a 13-week cash flow, to planning long term organic and inorganic growth, our partner solutions provide driver-based cash flow forecasting and scenario analysis to fit your requirements.

Proactively prioritise and manage your company’s future

An Annual Operating Plan (AOP), or operation plan will determine the financial, physical, and human resources goals that must be met over the short term. Annual operating plans can help idnetify the answers to key operational questions, such as:

• Who needs to be working on what tasks
• The necessary resource allocations for the alloted task in process
• Possible risks facing the business
• How to effectively mitigate any existing risks

In essence, it’s a roadmap for operating your organisation.

Creating a company’s AOP is like having a New Year’s Resolution, but it should be made with a set path to plan for priorities and manage the company’s future proactively. It’s where you make decisions that align the company’s overall strategy with business execution.

With Verostone’s partner solutions, your organisation can easily create and navigate your AOP, using pre-built templates that cover every aspect of your business. Built-in financial intelligence then automatically stores, categorises, and presents your data based on accounting properties.

In addition, our consultants will make your business plan development a priority, ensuring that your annual operating plan is set up for a victory. You will rest easy knowing that your goals, and the measures to support these goals, are put it in place.

Create bespoke reports drawing on live financial data

Transform your financial data into insights that empower intelligent decisions with Verostone’s Reporting and Analytics solutions. Analyse and visualise financial and operational data to identify and highlight trends, variances, and improvement opportunities.

While some performance management tools simply offer reports, we offer timely data and robust capabilities, to bring your decision-makers the answers they need.

• One version of the truth. With an easy-to-use interface, our reporting and analytics tools seamlessly integrate data from any source into a single repository for planning, analysis, and reporting
• Any user, any platform. Make critical performance information available anytime and anywhere to enable users to access reports, spot trends, conduct ad hoc analyses, and make timely, informed decisions—regardless of location

Monitor even the most granular financial performance metrics

The goal of financial management analytics is to keep track of the day-to-day performance of the business, by providing on-the-go reports and insights that can quickly be fed back in to your wider team to adjust course.

Long-term goals are no longer enough, and the smartest businesses recognise that the ability to make incremental changes, based on weekly or even daily insight, will compound to significant competitive advantage over time. Verostone can help you:

• Perform horizontal analysis to compare the organisation’s financial performance over consecutive reporting periods, or compare corresponding periods in different years
• Provide short-term reviews of working capital and turnover rates, identifying any significant fluctuations
• Pull in data from other areas of the business, including operations, sales, and costs, to create a dynamic picture of how your organisation is performing

Make strategic decisions that align with your business objectives

The goal of management reports is to arm management, decision makers, and the c-suite with all the information they need to make strategic business decisions. The key benefit of frequent management reports is the ability to make the most current data available to decision-makers, anytime, anywhere. This will help drive the company forward, especially during uncertain times.

The greatest challenge for creating management reports is finding the time to do so. Management reports are excellent for helping management better understand the numbers but they are also frequently time-intensive, rely heavily on gathering together information from various departments and require accurate data inputs.

An effective management reporting tool goes way beyond just pulling up information. It produces detailed, accurate and real-time reports, so that the management team can effectively implement the solutions, which are in alignment with the business objectives.

With Verostone’s partner solutions, creating management reports is quick and easy. Data gathering and consolidation is done automatically, and all updates are instantly visible and accounted for.

Measure your core activities through insights that are actionable

Operational reporting provides a structural and tactical view of an organisation. It details the daily aspects of operations, focusing on delivering BI insights that are immediately actionable.

Nearly every business and its associated departments require data-driven operational reports and dashboards to measure business progress, track accomplishments, improve operational efficiencies, and enhance customer satisfaction.

Operational reporting can aid businesses in measuring various key characteristics of their core activities to support and inform incremental improvements. It could help in multiple areas, such as:

• Optimising the utilisation of resources
• Supporting cost reductions
• Enhancing production efficiency
• Enhancing customer satisfaction
• Expanding service coverage
• Increasing employee productivity at scale
• Providing live insights and accelerating the decision-making process
• Tracking progress at all levels of operations, improving efficiencies in various units, and saving time and cost
• Aiding executives or managers in identifying upcoming trends and patterns and building strategies accordingly while enhancing productivity

Most organisations make data-driven decisions. But issues arise when the data is not accurate, inaccessible, or stored in such a way that makes it difficult for the average employee to analyse it. Verostone provides access to Operational Reporting modules that deliver the powerful operational reports that help your organisation understand what is, and isn’t working in real-time.

Gain insight into your company’s planning effectiveness

A variance analysis report is used to measure actual performance against your budgeted or planned performance.

From a finance perspective, it’s essentially a way to measure your organisation’s planning effectiveness. Variance analysis within your business has a variety of functions; it can be a signal that something went wrong along the way and you have not been collaborating with your team; are using the wrong tools; or have ineffective processes.

Verostone provides comprehensive variance analysis reporting modules, which enable your organisation to:

• Configurable variance rules and workflows quickly and accurately
• Detect material fluctuations and electronically route issues to the appropriate control owners
• Pinpoint risks and opportunities using business specific rules and thresholds to identify meaningful statistical variances that need attention
• Identify root causes and drill-down to granular details to determine the causes of variances
• Integrate results back to your general ledger for reporting
• Focus on issue resolution, rather than manual, non-value adding tasks

Make better business decisions with timely, accurate cost information

Verostone’s software enables you to gain a clearer understanding your business costs, helping you identify opportunities to manage them more effectively.

Our software provides an accurate, comprehensive view of performance across cost, quality, and service measures. Verostone’s solutions support advanced costing methodologies and balances detail with accuracy, flexibility, efficiency and sophistication.

Timely and accurate visibility into financial data is vitally important to drive the right decisions for your business. Our tools empower finance leadership teams to work smarter, with insights across cost and quality throughout your organisation.

Understand how each segment of your business impacts your profits

Verostone gives finance teams a complete framework for measuring margin ratios, acquisition costs, return on investment and all other key enterprise profitability metrics. Through robust reporting capabilities, executives can quickly and easily understand the contribution of each segment to the organisation’s overall profits.

Our Profitability and Cost Management solution helps you avoid false assumptions based on top-level revenue figures. These tools equip you to make better decisions on spend allocation, product-mix choices, marketing decisions and more.

• Optimise performance by analysing and monitoring key volume, cost and profitability trends across business lines

• Identify segments and product lines that are eroding profitability and take corrective action
• Prepare in-depth reports and analysis such as segmentation, ranking and whale curve cumulative profitability
• Generate actionable reports that analyse volumes, costs and profitability measures across any dimension and immediately drill into the details
• Integrate operational and financial data sources for a complete picture of performance
• Deploy clear, evidence-based costing algorithms at even the most granular levels of your business

Protect your business and your customers

Regulatory compliance and reporting needs to be viewed as a natural extension of the governance duties shouldered by top management and corporate boards.

Regulatory compliance reporting is very important to document your compliance to regulations and protect your business from serious issues. Some of the key reasons you should have a good reporting system are:

• Protect consumers and society at large from any harmful consequences
• Avoid penalties that arise if they are not compliant with the rules and regulations
• Products may get revoked from the market or the company may face lawsuits, if the product is non-compliant
• Protect brand name and reputation, from failure to follow regulations
• Avoid loss of customers and lack of access to global markets

Eliminate the complexities and manual errors associated with regulatory reporting. With Verostone’s partner solutions, we will save you time and simplify your regulatory compliance processes. Our intuitive solutions allow your organisation to:

• Use your existing, custom-built report templates and formulas
• Enforce strict controls for both individuals and groups to keep unauthorised users from viewing, editing and sharing data
• Assign tasks to users and send out follow-up notifications
• Automatically extract data from your source system
• Receive alerts about upcoming deadlines
• Add supporting documents to your reports.

Harness automation workflows to accelerate your close process

Verostone’s Financial Close solutions take the pain out of the close process, by enabling you to automate the tasks that can be automated, allowing your team to focus on higher level troubleshooting.

From local close through to group consolidation and reporting, Verostone’s solutions can handle enterprise-level complexity, bringing together data from across your business to create a unified reconciliation process.

• A platform that adapts easily to organisational change and process change
• Fully compliant with all regulations and requirements for your business
• A single view across diverse data sources, giving you greater visibility and control
• End-to-end functionality, from data loading, to reconciliation, consolidation, adjustments, disclosure, tax and regulatory reporting

Take control of your consolidation process

Our consolidation software gives you the power to streamline your complex financial consolidation processes, including partial ownership, intercompany eliminations, multiple currencies and alternate reporting roll-ups, so that you can close your books on time and produce financial statements you can trust.

Our financial consolidation software comes packed with features designed to help you work smarter, improve transparency, boost collaboration, and produce more accurate financial reports.

Automated reconciliation starts with integrations into your source systems

Our pre-configured solutions include templates, best practices, and smart account reconciliation tools to help significantly reduce the time you spend on your balance sheet reconciliation.

Verostone software solutions effortlessly integrate your financial systems data and automatically updates your templates with the latest actuals so that you can not only automate your reconciliations, but also provide more accurate financial reports to your team and ensure easy and efficient auditability down the line.

Simplify complex allocation processes, improve data transparency and shorten your budget cycle

Verostone Allocations enables organisations to develop allocations of revenue and expenses in support of the annual budgeting process. It enables organisations to analyse margins at a granular level. Centrally stored data makes reporting and analysis easy, with the ability to roll data over from one year to the next.

Verostone Allocations helps to improve data transparency and integrity, and financial accountability across your organisation. The ability to integrate data directly into your budgeting process means that your budget cycle is shortened, and time-consuming manual data processes are minimised.

• Manage complex allocation rules and their associated metrics
• Automate processes by setting up allocation rules that be stored and scheduled
• Provide a cost allocation mechanism for indirect expenses
• Increase data transparency for allocation rules across the organisation
• Automatically incorporate allocation calculations into departmental budgeting processes
• Provide transparency by giving users the necessary information to clearly identify the allocation sources, basis and target
• Remove administrative burden, minimising user input and effort required

Create a unified plan by bringing together data across sales, operations and supply chain

Verostone’s Sales and Operational Planning solutions enable you to monitor signals across all your business units in real time, allowing you to build an integrated plan that ensures all business functions are closely coordinated.

Model the impact of various business changes, from rebalancing your inventory or workforce, working with a new supplier or making supply chain adjustments, taking the risk out of decision-making.

• Model the effects of changes to products, services, processes and suppliers
• Create complex scenario plans that can be directly compared with one another to reach the optimal outcome
• Build dashboards that update with real-time data to monitor KPIs and empower quick decision-making

Integrate planning across all sales channels and stores

Verostone’s Retail Logistics solutions enable you to centralise and take full control of your sales and distribution planning, across category management, channels and stores. With merchandise financial planning, line planning, product lifecycle management and retail analytics, Verostone’s solutions bring disparate data sources together into a single source of truth for your business.

Our software allows you to model new channels, stores and categories, track actual sales against plans and targets, all through a fully configurable dashboard that allows you to compare across plans, year-on-year performance and monthly actuals.

• Retail analytics bring together data from multiple internal and external sources, enabling faster, insight-based decision-making
• Product lifecycle management automates processes and workflows, taking the pressure off your planning teams
• Line planning makes it easy to analyse products and lines, and creates a standardised framework for the planning process
• Manage and compare multiple planning scenarios to enable data-driven decision-making and mitigate risk

Inform customer-related decisions that maximise life-time value

Verostone’s Customer Profitability Analysis solutions enable you to gain a true understanding of the costs of each customer segment, and determine profitability by individual account, and by market segments and sectors.

Aggregate data by size of customer, size of order, service complexity, location and other factors to gain detailed insight into where to focus your efforts. Our software helps you drive profitability in your organisation by providing visibility of the key trends:

• Segment your customer base by all relevant characteristics, attributing revenue and cost calculations to each segment to determine profitability
• Analyse and compare profitable versus non-profitable customer segments, letting you build strategies to maximise profitable customers and to reduce, eliminate or re-engineer non-profitable ones
• Understand customer life-time value and true costs, to get a holistic view over the whole customer life cycle
• Improve strategic decision-making with the data and insight to drive customer-related decisions, including pricing, discounting and marketing strategy

Adminster incentive plans that support your organisational objectives

Verostone enables you to manage and administer incentive plans to improve financial performance, empowering your people to help achieve organisational objectives.

Verostone gives you the ability to process numerous plans for hundreds or thousands of employees quickly and efficiently. Clarity of plan metrics and transparency of plan calculations result in less time reconciling the data, letting your people spend more time on the work that matters.

• Manage unlimited incentive plans for different roles within the institution
• Analyse new or modified plans in “what-if” scenarios
• Achieve increased visibility and accuracy in compensation plan calculations and supporting metrics
• Align employee behaviour with corporate goals
• Support for multi-faceted criteria, such as tiered performance thresholds
• Fully configurable automated data imports
• Integrated output – produce plan results to an outbound file for use in driving actual payments in your payroll system
• Report distribution and publishing – access report books online or schedule distribution to management and payees

Uncover the most lucrative opportunities for your organisation

Verostone gives finance teams a complete framework for measuring margin ratios, acquisition costs, return on investment and all other key enterprise profitability metrics. Through robust reporting capabilities, executives can quickly and easily understand the contribution of each segment to the organisation’s overall profits.

Our comprehensive Profitability and Cost Management solution helps you avoid false assumptions based on top-level revenue figures. Your organisation will be better equipped to make decisions on spend allocation, product-mix choices, marketing decisions and more.

• Optimise performance by analysing and monitoring key volume, cost and profitability trends across business lines
• Identify segments and product lines that are eroding profitability and take corrective action
• Prepare in-depth reports and analysis such as segmentation, ranking and whale curve cumulative profitability
• Generate actionable reports that analyse volumes, costs and profitability measures across any dimension and immediately drill into the details
• Integrate operational and financial data sources for a complete picture of performance
• Deploy clear, evidence-based costing algorithms at even the most granular levels of your business

Manage your workforce for success

Workforce planning is about making sure the right people are at the right job and at the right time. Your workforce is both your organisation’s greatest strength and largest single cost. It can be challenging to rise above the slow, manual, and disconnected processes that strategically separate HR and Finance teams. Collaborating with the business is crucial to managing talent gaps and leaders are counting on you to help them make the right decisions.

Verostone’s workforce planning software is a tool that is designed to perform this process more effectively and in less time. Verostone software leverages an Excel interface and combines it with advanced modelling capabilities, data integrations and dashboards to help with your headcount planning processes.

Forecast and report labour expenses, manage employee transfers and cost allocations, while also automating variance analysis.

Plan, monitor and report on grant funding and spending

In this increasingly uncertain funding environment, your institution needs to access timely and accurate data on your grants and awards. Verostone’s Grants Planning solution helps you develop an award modelling application, provides an insight on your spending plans, and enables you to track against actual activity over the project’s lifespan.

Providing universities with a complete forecast and analysis solution, improving transparency and reducing overheads.

Use it to help you:

• Plan and project grant funding and tracking
• Develop integration into an Income and Expenditure model
• Improve how you manage the impact of research activity on university finances
• Plan, monitor and report on grant funding and spending

Mitigate risk by assessing the impact of future scenarios on tuition fee income

With Verostone’s powerful, easy-to-use Tuition Fee Planning solution, create strategies and new opportunities by assessing the potential impact of variable and critical uncertainties.

Model the impact of tuition revenue on budgets and forecasts. Compare different courses of decision-making and initiatives to accurately project tuition revenue by:

• Integrating student and financial admissions data across a range of fees and long-term plans
• Supports headcount and FTE planning and modelling
• Using assumption-based enrolments and conversions to better predict tuition income
• Unlimited scenario planning to understand the impact of a changing landscape
• Measuring actuals and budgets at any level using Axiom software Analytics

Bring transparency and control to your financial commitments

Embrace robust reporting to understand the current and future financial health of your university. Ensure that commitments are accurately forecasted and deliver against budget.

Tracking all your financial commitments against budgets, with automated collection and evaluation of data across your organisation. Verostone’s HE Commitment Planning solution empowers you to:

• Centralise data collection for incoming spending requests
• Track spending by project and funding source
• View the impact, now and in the future of spending commitments
• Centralise commitments across teams, departments, and the whole institution
• Align spending within income and expenditure and track against budgets
• Create robust reports to present how commitments align with strategies for growth

Align your employee targets with financials to generate profitable growth

Verostone enables you to manage and administer incentive plans to improve financial performance, empowering your people to help achieve organisational objectives.

Verostone gives you the ability to process numerous plans for hundreds or thousands of employees quickly and efficiently. Clarity of plan metrics and transparency of plan calculations result in less time reconciling the data, letting your people spend more time on the work that matters.

• Manage unlimited incentive plans for different roles within the institution
• Analyse new or modified plans in “what-if” scenarios
• Achieve increased visibility and accuracy in compensation plan calculations and supporting metrics
• Align employee behaviour with corporate goals
• Support for multi-faceted criteria, such as tiered performance thresholds
• Fully configurable automated data imports
• Integrated output – produce plan results to an outbound file for use in driving actual payments in your payroll system
• Report distribution and publishing – access report books online or schedule distribution to management and payees

Gain greater visibility over the specific business areas that drive value

Verostone FTP and Profitability solutions provide enhanced visibility into the customers, segments, branches and products that drive the greatest value for your business. Our software calculates FTP, expense allocations, and capital allocations with transparent measurement processes.

Assign highly accurate FTP rates based on projected cash flows and bring together data visualisation, incremental analysis, and segmentation to maximise value from funds transfer pricing investments.

• Analyse profitability impacts of your net interest margin contributors, fee income, credit risk, costs and return on capital across all dimensions
• Make the best decisions regarding product pricing, opening and closing branches, which customers to target, and other profitability drivers
• Employ a transparent, matched-maturity approach where users can alter pricing assumptions
• Analyse the impact of multiple factors on net interest margin to inform accurate decision making
• Use analytical reporting to improve pricing decisions and understand performance drivers
• Create specific base rate and adjustment rate FTP rules and filters to accurately apply funding charges and credits

Evaluate performance at all levels of your healthcare organisation

Verostone’s clinical performance solution enables you to improve your quality of care and tie those improvements to cost savings. By aggregating disparate sources of data, Verostone’s solution lets you drill down into capabilities from the system to the patient level, to identify best practice, quantify preventable complications, readmissions and safety events, and discover ways to rectify unintended clinical variation.

Quickly identify areas for improvement, while providing access to utilisation, quality, patient satisfaction and cost data, alongside internal and external benchmarks. Target undesirable variation in care to eliminate or decrease performance gaps.

We provide full engagement with your practitioners, with a streamlined, electronic PPE reporting system and automated workflow process. With this comprehensive view of practitioner performance and the ability to engage your staff in the process, your organisation can identify areas of greatest opportunity and act on improvement initiatives.