This paper describes how activity-based costing (ABC) contributes to more reliable customer, product, and channel profitability analysis, concluding with two brief case studies where financial services providers have successfully deployed ABC.
Wilmington Group needed to get a complete picture of the operational efficiency of its business divisions and new ventures. However, it was faced with a difficult challenge in deciding what platform to use across the group. Find out who Wilmington chose, and the benefits they gained.
Following a recent acquisition, this company needed to look at new ways to deliver the 3 separate payrolls that existed within the company. This was not made easy due to the comapany having a conplex pay structure with different payroll periods.
By acquiring Coates Lorilleux in 2000, Sun Chemical doubled their existing UK workforce to 1,600 employees. They needed to make the payroll function consistent across all their UK businesses. This case study provides an overview of how a provider the business advantages that were gained.
In order to support the agenda for growth through innovation, Finance needs to partner more, to analyse and predict, not only record and report. But, what stops this happening?
In 1998, when HRP stopped being part of the civil service, they looked at new models for the HR and payroll delivery to their 550 permanent and temporary employees.
West London Mental Health adopted a Fixed Asset Management Solution to assist with efficient and accurate monitoring of its fixed asset base. The following case study demonstrates how RAM's solution enabled easier and smoother management of the trust's assets.
Growing risk awareness and an increasingly dangerous business environment may have prompted an increasing number of companies to invest in disaster recovery (DR) as part of the business continuity programme – but how safe is that investment?
To assist in delivering improved overall business performance, CFOs have reasserted their role as owners of both financial and management information and processes.
In the IBM CFO Study, CFOs indicated that Finances top areas of importance were performance, business and economic growth, business value and risk. These responses track with CEOs’ agendas.