Armada's 2020 release of Acumen Cost Analytics has several new features for visualizing Cost Fact data from the modeling application. With the cost decomposition tree visualization, users can now navigate and analyze the source of costs from anywhere in the model with complete transparency and…
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I recently had the pleasure of accompanying my daughters to a lecture given by Scott and Mark Kelly, the twin brothers who both led inspiring careers as astronauts. They emphasized that we should do things not because they are easy, but because they are hard.…
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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…
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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…
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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…
Read more »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…
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