SUCCESS STORIES → LARGE BANK: Cost and Performance Management

Implementing a robust and repeatable cost transparency system:

The importance of cost allocation as a means of offering relief to those cost centers that provide a product or service within a shared services environment should not be underestimated. While many organisations do implement a cost allocation methodology – making business units directly accountable for the services they consume – all too often these utilize spreadsheets as a means of control. This is a solution that is not suitable as a long-term solution for larger enterprises.

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