Download Activity-Based Management for Financial Institutions: by Brent J. Bahnub, Gary Cokins PDF

By Brent J. Bahnub, Gary Cokins

Notice the best way to use activity-based administration to enhance your backside lineThe first e-book of its type to target activity-based administration within the monetary prone undefined, Activity-Based administration for monetary associations: riding base line effects will aid you force alterations for your companies backside line.After offering a quick evaluation of a monetary providers activity-based costing version, this publication makes a speciality of the right way to without delay increase internet source of revenue, masking crucial themes together with costing, chargeback, and pricing; imposing ABC; enforcing ABM; dealing with organizational switch; and keeping off pitfalls.Written for these within the monetary companies industry-banks, securities enterprises, coverage companiesReveals how one can force advantages to the base line via disciplined execution of activity-based administration and organizational swap managementProvides actual global examples and instruments for speedy effects and sustained successThis unique publication will take your bank from caught to financially winning, riding profitability and function.

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7 Customer Profitability Cliff Chart 10 I WHAT ARE ABC AND ABM? Typical heights of the curve are 200–300% of the final customer (or product) profitability. In other words, the worst relationships destroy 100–200% of the corporate value. The key is not to immediately exit those relationships, but to make them more profitable. Focus on the least profitable customers and migrate them to profitability through increased volume, share of wallet, behavior changes, price increases, and so on.

It is a good idea to have two sets of reporting tools: a standard set for monthly reporting with limited investigation and drill-in capabilities and a ‘‘power user’’ set to allow more free-form analysis. For example, Hyperion Reports fulfills the first need and Hyperion Analyzer fulfills the second. & How is ABC progress reported? What will you track? What is actionable? When ABC is just underway and just rolling out, much of the reporting will be informational—this is what we implemented . . and here are the results.

Automated DDA Statements Manual DDA Statements DDA Reconcilement and Control DDA Notices Domestic Collections Stop Payments On-Us Exceptions Photocopies Branch Security Shipments Deposit - Branch Adjustments Order - Branch Late/Manual Deposit - Branch Dewrap of Rolled Coin Order - Branch Standard Straps Deposit - Branch Straps Deposit - Branch Pieces Order - Branch Coin Rolls Deposit - Branch N. 1MM Activity Roll up Product Allocation Logic Cost Accounting View Allocation Logic to 34 Transaction Corporate Activities CHARGEBACK J 31 Transparency was the first step in bringing the product managers on board.

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