Services

Cost Management

CFO Services

Companies often struggle to understand costs as a result of the breadth and interdependencies of activities and operations across the organisation. We offer an essential foundation to enable meaningful analysis and reporting to help execute the business strategy.

  • Does your cost model provide sufficient insight into the business activities that actually drive costs?
  • Can you determine which activities contribute the most to long-term enterprise value? Can you identify areas that provide the best opportunities for strategic cost reduction?
  • Do you have a clear view on how price cuts will affect your profitability? What is the cost of extra effort for a special group of clients or distribution channels?
  • Are your strategic efforts enhanced by a clear organizational structure or do you suffer from complex processes, and unclear roles and responsibilities?

How we can help?

Our services are designed to help CFO’s in their efforts to:

  • Identify hidden business costs and provide an organisational structure to effectively manage and reduce costs – all without diminishing value;
  • Simplify organisational structures and identify and assign roles and responsibilities in the organisation; 
  • Gain insight in the cost structure of the organisation and relate all cost components to the organisation’s product, services or customers; 
  • Redesign the current costing system or implement a state of the art cost model, in line with the leading cost model theories such as ABC or Standard Costing;
  • Explore the reasons of differences in customer profitability and how to significantly increase the profitability of the client portfolio;
  • Focus on execution and communication of priorities to the organisation to monitor and report progress against stated goals

Companies often struggle to understand costs as a result of the breadth and interdependencies of activities and operations across the organisation. We offer an essential foundation to enable meaningful analysis and reporting to help execute the business strategy.

Bottom-line benefits

  • A competitive cost structure that allows the business to capitalize on growth opportunities;
  • A scalable cost model that can easily adapt to organisational changes and shifting market conditions;
  • Streamlined business processes that are easier to manage;
  • A cost-conscious culture throughout the organisation;
  • Broad quantitative support of the strategic decision-making process
  • Key costing applications serving other continuous improvement initiatives
CFO Services – Cost Management