EXA AG announces the acquisition of all rights of Group Costing and Profitability (GCP) from IM&C

EXA AG acquired all rights of Group Costing and Profitability (GCP) from IM &C.  The product is an SAP add-on solution.

GCP provides end-end transparency on actual costs for the global BOM with extensive drill down capabilities to any level for large corporations with multiple subsidiaries and multiple ERP systems. GCP features strong decision support capabilities by helping analyze parameters such as inter-company margins, possibility of alternate sourcing, currency split and currency fluctuation and much more …

Commenting on the acquisition, Divya Vir Rastogi, CEO of EXA AG, said: “GCP is aligned with our strategy to focus on Financial Transformation. GCP fills a critical white space in the SAP portfolio. Our strong understanding of finance and expertise in Analytics & SAP HANA will enhance GCP capabilities. Stakeholders from Finance, Production, Sales, etc., will benefit significantly from the transparency and level of detail provided by the solution.”

Read more about EXA Global Value Chain (GVC).