Smarter allocations for customer level profitability

About the client

A firm supporting independent financial professionals with tailored business solutions, technology, and operational expertise.

Situation

Struggled to accurately allocate service costs and overheads to customer accounts, hampering profitability insights.

Solution

Extended Power BI into an allocation model, enabling business teams to manage allocations and track contracts effectively.

Results

Automated collaboration on allocations, delivering accurate profitability insights, improved decision-making, and enhanced customer retention strategies.