ABC Software Evaluation & Selection Methodology
Cut through marketing hype & leverage software intelligence

This document describes a methodology to evaluate and select Activity Based Costing software to best meet specific company requirements. The methodology is a result of extensive experience and expertise over the last 20 years assisting companies in virtually every industry worldwide with Activity Based Costing systems selection and implementation.
Five key steps:

Leveraging Two Decades of ABC Experience and In-Depth ABC Software Intelligence This methodology leverages the PCS Consulting, Inc. “ABC Software Intelligence” and profitability information systems implementation expertise using these solutions. These combined skills, experience and intelligence allow PCS Consulting clients to minimize risk, reduce overall implementation costs and select the ABC software best aligned to meet their specific needs.

1. Objectives and Target Outcomes 2. Functional and Technical Requirements 3. Prototype 4. Fit analysis 5. Implementation Plan

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Copyright 2005-2008 by PCS Consulting, Inc. All rights reserved. No part of this material may be reproduced or utilized in any form or by any means, without permission in writing from PCS Consulting, Inc.

PCS Consulting, Inc. 317-815-8680 publications@pcsconsulting.com www.pcsconsulting.com

Activity Based Costing Software Evaluation & Selection Methodology
The purpose of this document is to describe the PCS Consulting, Inc. methodology for assisting clients evaluate and select Activity Based Costing software to best meet their specific requirements. This methodology is a result of our extensive experience and expertise over the last 20 years assisting clients in virtually every industry worldwide with Activity Based Cost Management systems selection and implementation. In addition, this methodology leverages our in-depth and continuously updated “ABC Software Intelligence” and our cost and profitability information systems implementation expertise using these solutions. These combined skills, experience and intelligence allow our clients to minimize risk, reduce overall implementation costs and select the ABC software best aligned to meet their specific needs. Five key steps are critical to determining which ABC Solution will best meet specific client needs and a plan of action to execute. These include:
3. Prototype

1.

Scope Definition

2.

Review & ABC Requirements Definition

4.

ABC Software Fit Analysis

5.

Go Forward Planning

1. Clear definition of the ABC solution objectives and target outcomes 2. Proper functional and technical requirements definition and consensus 3. Prototype ABC design to better define and understand requirements and benefits 4. Detailed fit analysis of requirements and ABC software solutions 5. Practical go forward implementation action plan The remainder of this document discusses each of these steps, including flexibility options designed to meet the specific needs of each individual client situation.

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Copyright 2005-2008 PCS Consulting, Inc.

Core Team

Functional

Copyright 2005-2008 PCS Consulting, Inc.

Technical

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Activity Based Costing Software Evaluation & Selection Methodology
3. ABC Prototype

1. 2. Review & ABC Requirements Definition ABC Software Fit Analysis

Scope Definition

4.

5.

Go Forward Planning

Review Prototype • Develop Prototype ABC Design • Build Prototype ABC Model • Collect Data for Prototype Model • Validate Model • Prepare Prototype Results • Software Inell Brief • Define Selection Criteria, Priorities & Weightings • Define Use-Case Scenarios • Confirm Vendors • Prepare Vendor Scorecard Tool • Understand ABC Vendor Offerings • ABC Solution Demonstrations • Scenarios, POC, Prototype, Pilot •