Category: Costing

10 essential elements to choose your software

When you need to improve or optimize your management solutions – specifically, your budgeting, costing, or financial dashboard processes – there are several factors to keep in mind....
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/ 12/01/2015

To what extent are you attached to your costing method?

During a recent costing consultation for a company, I came to a number of realizations. Among them, the astounding number of Excel files involved, the need to review...
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/ 05/18/2014

Does your dashboard provide an accurate picture of the situation?

Does your dashboard provide an accurate picture of the situation? AUTHOR: Christian Babbini, FCPA, FCMA Founder and Vice President, Strategy, DECIMAL How many times have you been told...
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/ 04/16/2013

Costing systems: from outdated to functional and reliable

Is your costing system outdated?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

Managing the budgeting process in accordance with industry best practices

If you are frustrated with your organization’s budgeting process then rest assured, you are not alone! For the past 20 years, studies and surveys have systematically revealed a...
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/ 12/14/2012

Cost, profitability analysis and budgeting process. What do they have in common?

Whether your organization is in the service, manufacturing or distribution sector, making a profit is never quite as easy as you might have hoped. Many companies ask themselves...
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/ 11/12/2012