by Micah Campbell | Sep 22, 2016 | Strategic Cost Management
I was sitting in a prospective client meeting not long ago discussing their current monthly cost modeling process. The client described the roles and responsibilities of each financial analyst. The analysts were heavily involved with their business partner to update...
by Scott Wise | May 22, 2015 | Strategic Cost Management
Analysis conducted on the Top 100 US Credit Unions revealed an $820 Million cost improvement opportunity for more than 40 institutions. The study was based on 2014 annual credit union call reporting data across the Top 100 Credit Unions based on asset size. Total...
by Scott Wise | Mar 31, 2015 | Business Analytics, Strategic Cost Management
Armada releases their newest version of Acumen Cost Analytics for 2015. The latest version includes the following enhancements: New features for consolidated reporting across multiple periods and scenarios Enhanced documentation management features to handle...
by admin | Oct 9, 2014 | Business Analytics, Financial Transparency, Strategic Cost Management
There are still a few bankers who can recall a time before immediate access to data, real time transactions and 24/7 service. This was a time when banks would often ignore the impact of shared services and IT on their profitability and performance measurement. In the...
by admin | Sep 12, 2014 | Business Analytics, Continuous Process Improvement, Financial Transparency, Strategic Cost Management
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....
by admin | Jul 24, 2013 | Business Analytics, Continuous Process Improvement, Financial Transparency, Strategic Cost Management
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...
