Activity Based Costing: Below-the-Line becomes top of mind for cost improvement

Companies interested in improving overall margins are now focusing on below-the-line cost efficiency as a means for cost improvement. Also referred to as shared services or overhead costs, these “allocated” costs represent a growing share of the overall expense base. For years, the process of simply allocating these costs to the revenue generating functions of…

Armada Consulting Announces Cost Management Benchmark Survey Findings

Armada Consulting Announces Cost Management Benchmark Survey Findings Armada Consulting is pleased to announce the completion of the inaugural Cost Management Benchmark survey for Financial Services companies.  The survey achieved the objective of providing current information on the state of cost management in Financial Services companies representing a cross section of participants including commercial banks,…

CFO to Drive Financial Transparency

Over the last decade, corporate scandals, failures, and the great recession, the CFO function of organizations has evolved beyond the corporate persona as number crunchers and budget cops, and has been invited to the strategy table. Not just as integrity champion or implementer of corporate controls and governance, but it was finally understood that finance…