Functional Cost Reporting

How much ‘fat’ do I have in my cost of organization and how does this relate to my peers? The financial crisis brought this question to the table of almost each CFO. Functional cost reporting is an organizational discipline that shows your cost of organization according to pre-defined functions. The new perspective for reporting organizational costs, will give you fresh insights for improved cost control. And it gives you the opportunity to fully benchmark your cost of organization. QVS can help you to define the pre-requisites for effective functional cost reporting and can help you to design your finance processes in such a way that functional cost reporting becomes an extra dimension in your integrated financials.

 

If you would like to know more about different designs for functional cost reporting, feel free to contact us for an appointment.