Acorn is a Time-Driven Activity-Based-Costing (TDABC) platform that distills and attributes costs of delivering products and services by building business-specific models which take into account nuances of account processes. With Acorn, you can also build datamarts (OLAP cubes) to deliver accurate and insightful financial analytics on any business dimension (e.g. product, customer, facility, region, SKU and more).
Measure, Manage and Improve Every Element of Your Business
- Clearly determine your profitable and unprofitable products and understand why
- Access insights to help negotiate better terms with your suppliers and customers
- Build reports and dashboards that drive profitable behavior across regions and facilities
- Develop the right pricing strategy across products and services
- Make accurate decisions relative to your inventory, stock and overall supply chain inputs
UNDERSTAND HOW DECISIONS IMPACT YOUR BOTTOM LINE
- Identify your most profitable customers, channels and products
- Run what-if profitability scenarios across multiple dimensions
- Lower the cost of IT with shared services, and align resources with business demand
- Get a clear picture of your organization’s cost drivers
2020 Redesign to Support the Demands of Today’s Remote World
The 2020 release of Acorn’s PA5G and AAA products feature a new HTML5, web-based UI that makes it simpler to access Acorn from any location or device without the need to install any software on the client. The UI uses the latest modern web technologies while purposely retaining existing functionality, avoiding the need for re-training.
NEW GENAI COPILOT FEATURE
Acorn CoPilot transforms natural language equation descriptions into algorithms written in Acorn's proprietary language. The interactive interface enables field and logic validation, streamlining the equation-building process and saving time.
Natural Language Equation Builder:
What: Converts equation descriptions into Acorn's proprietary language algorithms.
How: Users select a process or driver equation, toggle the "Create Equation from Description" switch, and CoPilot displays the proposed converted equation for approval or edits.
Why: Streamlines the process of creating or editing equations, reducing the time needed to input or change algorithms in the system.
BENEFITS
- Simplified Equation Creation: Save time and effort, especially if you're new to the system.
- Improved User Experience: Create or edit equations easily with an interactive user interface.
COMPLEMENTARY IGNITETECH UNLIMITED SOLUTIONS
Check out the solutions below, available free as part of your Acorn subscription:
Sococo
Sococo
Sococo is the online workplace where distributed teams come to work together each day, side-by-side.
Blog Posts
Nov 20, 2024
The AI Conference San Francisco 2024
Eric Vaughan, CEO of GFI Software & IgniteTech talks about the importance of utilizing AI in the…
Nov 14, 2024
FT Future of AI Conference - From AI Resistance To Renaissance
Eric Vaughan, CEO of IgniteTech describes how navigating the AI revolution requires more than just…
Nov 4, 2024
The Future of AI Takes Center Stage: Financial Times Summit Preview
This week, IgniteTech joins 800+ business leaders and global innovators at the Financial Times…
Oct 21, 2020
Announcing IgniteTech Insights, our New ML/AI Offering
New capabilities advance mission-critical Expert System processes
Apr 10, 2019
How Unseen Costs Are Hurting Your Business's Bottom Line
To maintain healthy bottom lines, organizations should consider their options for identifying and…
Jan 4, 2019
Why You Need to Switch to Time-Driven Activity-Based Costing Now
If you haven’t already made the switch to a time-driven ABC model, here’s why you shouldn’t wait any…