What if the cost of managing your contracts and revenue with your online partners cost more than the revenue they provided? What if you had hundreds of agreements around the world with different terms and conditions? Today this is exactly what is happening with digital partnerships.
FTI can help you understand the true cost drivers of your contracts and help improve their profitability. We also determine the exact cost of administering these contracts.
FTI is provides “activity-based costing" which helps to isolate all revenue and costs whether they are portions of shared IT and back office costs, or costs from descrete digital departments. With this data we can help you develop a “digital P&L” by partner, so that you can focus on true profitability. For partnerships that don’t meet your profit objectives, we can help you renegotiate them or establish minimum guarantees.