Category: Cost Management

Why Are so Many Companies Still so Disjointed?

Everyone agrees that the various departments within a company or organization should communicate well and be fully integrated with each other. However, the fact remains that, even today,...
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/ 03/28/2017

Demystifying Information Technology

It is no longer news that information technology (IT) costs are eating up an ever-increasing share of organizational budgets. And with good reason! Internal IT services are more...
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/ 04/13/2016

Improve your IT financial management

A good IT costing system is a valuable tool for effective budgeting and IT costs optimization. Although funds allocated to IT often represent a significant portion of an...
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/ 01/29/2015

Driver-based budgeting and planning (DBBP)

Are you constantly revising your budget forecasting? Are you having issues decoding your crystal ball? Did you think about adopting an approach where simple performance indicators could do...
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/ 02/09/2014

Costing systems: from outdated to functional and reliable

Is your costing system outdated? Does it adhere to best practices? What signs are there to indicate that your costing system is generating results that are approximate at...
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/ 01/11/2013

Activity-based Management (ABM) Best Practices

Recognizing the potential of activity-based management, many organizations began implementing ABM projects in the 90s. In fact, a 1992 survey by the Institute of Management Accountants found only...
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/ 10/21/2012

Performance Management Maturity Framework

Performance management is mentioned and discussed in almost all facets of business. The demand for improved performance, along with increased accountability, has led to an increase in hype...
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/ 08/14/2012