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TOP FREQUENTLY ASKED
QUESTIONS
What are TPACC Solutions?
What is Profit
Maximization?
What is Throughput
Accounting?
What
is TPACC Corporate and TPACC Smart Software?
What do I need to know to implement a TPACC Solution in my
business?
Do you have references to companies that are using TPACC?
MORE IMPORTANT QUESTIONS
How does
Throughput Accounting benefit me?
Are TPACC's products & services applicable to my business?
How will TPACC's products and services benefit my organization?
How much does TPACC
Software cost?
What is a TPACC DashBoard?
How
long does it take to implement TPACC Software?
Can I
obtain a demo version that I can try?
Is TPACC compatible
with my data?
Which computer hardware and software is required to install
TPACC Software?
What type of support can I expect to receive from TPACC?
How much does the in-house Throughput Accounting Workshop
training cost?
OTHER RELATED QUESTIONS
What is the difference between Throughput Accounting and
Constraints Accounting?
How does the Sarbanes Oxley Act affect Throughput and
Constraints Accounting?
What is OLAP and what does it have to do with a TPACC DashBoard?
What is Profit Maximization?
Profit Maximization (PM) is about
making the maximum net profit. Accountants have many different
types of profit. TPACC refer to net profit as the net profit
from operations. Profit maximization involves a mix of
customers, products or services, and resources as well as other
factors we refer are total factor net profit. Without getting
too technical, in the throughput world of TPACC net profit is
Throughput less Operating Expenses. We maximize this profit for
our customers by using our specialized know-how.
What is Throughput Accounting?
Throughput Accounting is a
management accounting method that is based on the fact that
every system has a constraint which limits global performance.
The most effective way to evaluate the impact that any proposed
action will have on the system as a whole is to look at the
expected changes in the global measures of throughput, inventory
and operating expense. Throughput Accounting (TA) is used by
TPACC as a business tool or approach that includes methods and
techniques that provides businesses with operating and strategic
information that focus on continuously improving the weakest
link. TA is aimed toward reaching a defined and quantified
monetary goal of the business. Throughput accounting (TA)
focuses both management and employees on the organization's main
goal.
What are TPACC Solutions?
TPACC's solutions are projects that
empower your business to:
-
Cultivate proper thinking
processes and demonstrate potential results
-
Build management consensus and
improve decision making abilities
-
Improve "the system" and ensure
its enduring success
-
Bring profitable change
-
Increase Net Operating Profit
Obtain the competitive edge with
TPACC's integrated management solutions. A TPACC Solution
includes a TPACC Software program when it is necessary.
What is TPACC Corporate and TPACC
Smart Software?
TPACC Corporate is for large
businesses and TPACC Smart is for medium and small businesses.
They both provide business intelligence for profit maximization
that drastically improves business performance. Using the
principles of Throughput and Constraints Accounting, Theory Of
Constraints, and many more, they focus your efforts on doing the
right things the first time so that profit is continuously
improved and maximized.
What do I need to know to
implement a TPACC Solution in my business?
A basic understanding is all that is
required. Even if you do not know about Throughput Accounting or
any of the techniques we use, we will assist you all the way.
Do you have references to
companies that are using TPACC?
Yes, but we only provide references
on special written request as we wish to protect the competitive
advantage that our customers have obtained. We suggest you read
our success
studies to see the financial benefits obtained.
How does Throughput Accounting
benefit me?
It provides you with the skills that
maximize profits. Throughput Accounting is for all users of
accounting, marketing and production information. If you make
any decisions based on costs, then TA will definitely benefit
you.
Are TPACC's products and services
applicable to my business?
TPACC products and services is
applicable to any business who's profits are limited by a
constraint. You would know if it was constrained because
otherwise it would be making unlimited sums of profits.
Concentrating on the weakest link, it will help your business
achieve its maximum potential. It is obviously easier to
implement TPACC in businesses that either make or sell tangible
products but it is applicable to pure services organizations as
well.
How will TPACC's products and
services benefit my organization?
By analyzing the things that
generate money for your business, TPACC will provide you with
management accounting information that helps you take actions
that improve your business. These actions will maximize profits.
TPACC's products and services are cost effective because they
use uses historical data that have already been captured to
project the future.
How much does TPACC Software
cost?
TPACC Software is not sold. It is
licensed and provided with a TPACC Solution. The price depends
on your unique circumstances and configurations. Factors are
considered such as the type of business and industrial,
commercial or organization sector your business operates in. We
provide the best possible value for money software necessary to
achieve the goal of improving profits. All our products and
services are based on improving productivity which means you get
more value for your investment.
What is a TPACC DashBoard?
A TPACC DashBoard is a set of
Throughput Accounting performance measures in chart and table
format, displaying real-time information to help make split
second decisions without having to read lengthy management
accounting reports. Operational financial information is
provided as and when you need it. The TPACC DashBoards are
customized for your requirements and are powerful visual
analytical tools that show performances for quick reference.
How long does it take to
implement TPACC Software?
It depends on your individual
circumstances. As every business is unique, a time assessment
must be made for us to say.
Can I obtain a demo version that
I can try?
We do not issue demo versions. Our
software is customized for each set of circumstances. Contact us
for a demonstration. A fee might be applicable depending on
which part of the world you are located.
Is TPACC compatible with my data?
To explain it easily, if you are
familiar with Microsoft* products, anything that Microsoft
Office 2003 Pro is compatible with, TPACC will also be compatible
it.
Which computer hardware and
software is required to install TPACC Software?
Very basic Microsoft* compatible
equipment is needed. For LAN networked installations the minimum
hardware requirement is a server with the equivalent of a
Pentium IV (or higher) or equivalent with a minimum of 2GHz
processor. The speed and memory requirements are not large for
small databases but increase as the data transfer increases. For
standalone computer the minimum requirement is 512MB RAM, 2GB
free hard disk space depending on database size (25MB required
to run image), CD ROM drive, SVGA (1024X768) or higher color
monitor, mouse or compatible pointing device, and a compatible
color printer. The operating system: Microsoft Windows
2000/XP/2003 with Microsoft Office Pro 2000/XP/2003.
Runs on Windows 7 and Intel based Apple Macs OSX with Parallels
5 and Office 2003. For WAN installations the hardware
requirement per unit is similar. LAN and WAN installations
require additional software which we can provide if not already
installed.
What type of support can I expect
to receive from TPACC?
Personal hand-holding, E-mail, WWW,
Skype, telephone and fax support.
How much does the in-house
Throughput Accounting Workshop training cost?
The in-house training is quoted for
your individual circumstances.
What is the difference between
Throughput Accounting and Constraints Accounting?
TPACC do not make a significant
distinction between Throughput Accounting and Constraints
Accounting because TPACC conforms to both the descriptions.
Throughput Accounting is the original name of the subject and
Constraints Accounting is a later addition. TPACC has been
applying Constraints Accounting since is originally started
using Throughput Accounting and the founder of TPACC was the
first to coin the term Constraint Based Accounting (CBA - 1996)
which is akin to Constraints Accounting.
Some reputable authors explain that Constraints Accounting is
better understood as an accounting term, whilst Throughput
Accounting is better known in production circles, whilst making
the distinction that Constraints Accounting is a reporting
method whilst Throughput Accounting is a direct costing method.
These arguments are irrelevant to TPACC because we regard them
as one and mainly use the term Throughput Accounting to describe
the subject.
How does the Sarbanes Oxley Act
affect Throughput and Constraints Accounting?
The Sarbanes-Oxley Act does not
directly affect the workings of Throughput and or Constraints
Accounting. The Sarbanes-Oxley Act relates to things such as
Internal Control, Auditing, Risk assessment and GAAP issues.
Using TPACC could however indirectly improve related things such
as Corporate Governance from a purely business management point
of view. Risk issues, where Internal Control may not be properly
applied to Throughput Accounting or using XBRL etc. are a
consideration. The Sarbanes-Oxley Act is unquestionably
important to the financial aspect of corporations. It can also
be complex and confusing, for everyone from the employees who
must be doubly aware of what they can, and can not do, to the
officers who must take legal responsibility for the actions,
errors, and omissions of those employees.
What is OLAP and what does it
have to do with a TPACC DashBoard?
On-Line Analytical Processing (OLAP)
is a way to organize large business databases. OLAP databases
are organized to fit the way you retrieve and analyze data so
that it's easier to create the reports you need. OLAP databases
are designed to speed up the retrieval of data. TPACC DashBoards
use OLAP because OLAP servers compute the summarized values and
less data needs to be sent to the program when you create or
change a report. This approach lets you work with much larger
amounts of source data than you could if the data were organized
in a traditional database, where Excel must retrieve all the
individual records and then calculate the summarized values.
They both work, but differently.
if we could be of assistance.
* Microsoft is a registered trade
mark of Microsoft Corporation.
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