Getting the Right Level of Detail in a Profitability & Cost Model
Most profitability models fail not because of bad data, but because of bad design. This IMA PCM SIG whitepaper presents nine principles for calibrating the right level of detail — including a case where reducing activities by 88% produced better decisions. By Pedro San Martin, Chair of the IMA Profitability & Cost Management SIG.
The Mismatch Problem: Why Most Firms Sell EPM Software but Can't Answer Your Profitability Question
Most firms sell EPM software and call it profitability consulting. After spending $1.8M on a "profitability transformation," one CFO still couldn't answer a simple question: Is Branch 14 making us money? Here are the 3 questions every CFO should ask before hiring a profitability advisor.