Lilith Enterprise can be fully applied to management control, in the widest sense of the words.
Hence, complex applications such as Tableau de Bord, Activity Based Costing (EVA [TM]) and Balanced Scorecards are included in the definition of management control.
Besides the classic analysis of cost variance and business performance indicators, there are some special applications:
Tableau de Bord
Hicare has developed Tableau de Bord for executive management of manufacturing companies and banking institutes.
To be truly efficient, a Tableau de Bord must reflect the entire set of indicators, key variables and comparison values that characterize the organization. It follows that there can be no vertical application to build a Tableau de Bord, and users require a tailor-made development environment to allow its rapid construction and implementation.
Activity Based Costing
Lilith Enterprise provides an optimal environment to develop control models based on ABC or EVA [TM] logic.
The advantage comes from the existence of product functions expressly designed to deal with rollover costs and hierarchical prerogatives.
Lilith Enterprise allows users to develop 4th-generation ABC models with the value activity analysis in line with the Porter Value Chain.
Value Analysis
Value-added analysis is one of the classic models implemented by the Lilith platform. The natural aim of a value-added analysis model is the value tree, which can be built according to different logics: SBU (Strategic Business Units), KPIs (Key Performance Indicators), Customer/Channel/Market, etc.
The natural aim of a Value added analysis model is the value tree, which can be built according to different logics: by SBU (Strategic Business Units), by KPI (Key Performance Indicator), by Client/Channel/Market...
Balanced Scorecard
The adoption of key performance indicators (KPIs) and the use of the Balanced Scorecard are attempts to focus the management on following a form of business control geared to maintaining strategic guidelines.
The strategic vision must be comprehensible and communicated throughout the organization, which - in turn - must clearly understand it.