ABC Balance Sheet Products Assessment

Relied upon by financial institutions from $100 million in assets over $30 billion, this comprehensive service is for those who want an independent, in-depth evaluation of the cost and profitability of their products. The service takes 4 - 6 months to complete and entails onsite work. The fee varies by balance sheet complexity and number of employees, but generally ranges between $20,000 and $30,000 for the initial Assessment and $18,000 to $20,000 for annual updates.

Utilizes Activity-Based Costing

The analytical foundation for all services provided by the Kohl Advisory Group is Activity-Based Costing. ABC has powerful capabilities that afford credit unions the most reliable and least disruptive means for identifying the cost and profitability of their products. In addition to disclosing cost and profitability levels by product, ABC has a truly unique ability to answer the question… “Why?”

Enhanced Decision Making

The ABC Balance Sheet Products Assessment materially enhances the ability to make informed product related decisions. By discovering and understanding cost and profitability by product, management is better situated to decide which products to most aggressively promote and which ones to be more passive about. And for these latter products (the weaker performers), insights are gained that lead to corrective changes that make them stronger contributors.

Free Booklet on Improving Financial Performance

For more information on ABC Product Assessment services, and to receive a FREE copy of Kohl’s booklet, “Improving Financial Performance with ABC and Product Profitability Management".
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