Tag Archives: Today

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% [...]

Sometimes, You Can Fight City Hall

In this post from last fall, I wrote about the efforts under way by members of the business community to fight changes proposed by the SEC to the regulations governing money market funds. The changes would have restricted the funds from holding commercial paper from A2/P2 issuers, such as companies like Alcoa, Inc. and Marriott [...]

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 [...]