Tag Archives: strategy

Is It Better to Have No Costing than Bad Costing?

I recently had an exciting conversation with Kris Moreels, founder and managing partner of B&M Consulting, a firm that specializes in designs of managerial accounting and strategy execution performance management systems. Kris and I share a common history as management consultants engaged by organizations to improve a weak and deficient managerial accounting system. He made [...]

Pull the pricing lever

Pricing may be both the biggest and most forgotten lever the CFO can pull with when trying to bolster the balance sheet. A 1% increase in price can result in an 11% increase in operating income, according to PROS Holdings, a pricing optimization vendor. Just correcting current pricing mistakes usually will give you that 11% [...]

Changes Coming to Wire Transfers

As fans of TV shows like 24 know, transferring money via wire is secure and instantaneous. That means you can grab it and go – which is critical when the bad guys (or gals) are on your tail. Nonetheless, the system has some shortcomings that have frustrated companies that send or receive money via wire [...]