New Product Development

Artemis NPD provides the most comprehensive solution for maintaining the complete portfolio under strategic and financial control throughout the entire product lifecycle.
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To ensure maximize returns by delivering products to market and within budget, the Financial Management module enables you to optimize the utilization of funds by funding the most important products first, and avoid funding of non-viable products.

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Measure commercial results and benefits: Automate funding and budgeting approval workflows Capture and manage cost and expected benefits for products using standard cost and benefit types Ensure that funding capacity and allocation for products are aligned and supports product strategy Review the cost-benefit of each product using industry standard methods

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Revisit "time to value" assumptions: React to changes in external factors (eg competition) that significantly reduce the expected product benefits Analyze impact on metrics like Competitive situation, Growth opportunity... Make quick decision like stopping a "Preliminary Investigation" phase

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Control the financial health of your product portfolio: Increase your ability to seize new opportunities Compare top-down and bottom-up costs and benefits to measure product value Assess the financial impact of including / excluding products in the portfolio

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Make sure your organization has the cost capacity to finance the product strategy: Top-down funds management by department Calculate costs from resource headcount and rates Compare department funds with rolled up product estimated costs to validate financial capacity Measure ability to launch new initiatives Identify cost overruns to focus on areas requiring arbitration

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Perform simulations: Optimize your fund usage while maximizing ROI and cash-flow through graphical schedule simulations Recognize those products that can be postponed with minimal impact on benefits Alert key players on “what if” scenarios before committing resources and budgets

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