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...

/ 01/29/2015

The CAM-I Performance Management Framework

A holistic approach to improving business performance. The demand today for improved performance and accountability has led to an increase in expectations around the term performance management leading...

/ 09/26/2014

Financial Dashboards: Have they fulfilled their promise?

Now that new corporate performance management practices are being taught at business schools around the world, various types of financial and operational dashboards, using different methods (technological or...

/ 09/18/2014

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...

/ 05/18/2014

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...

/ 02/09/2014

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...

/ 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Costing systems: from outdated to functional and reliable

Is your costing system outdated?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...

/ 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...

/ 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...

/ 11/12/2012