Activity-Based Assessment of Balance Sheet Products

Relied upon by financial institutions from $100 million in assets to over $40 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 $21,000 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 discover the reasons for cost and return.

Enhanced Decision Making

The Activity-Based Assessment of Balance Sheet Products 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 provided that lead to corrective changes that enhance their contribution.

Free Booklet on Improving Financial Performance

For more information on Activity Based Assessment services, and to receive a FREE copy of Kohl’s booklet, “Profitably Grow Your Balance Sheet".
(Click Here)

“We received substantially more than anticipated. We now have a more comprehensive Product Profitability Report, which incorporates extensive interviews with staff and contains detailed meaningful components of costs, to assist us in product profitability analysis.”

Janet Lee
Chief Financial Officer
Chevron Federal Credit Union
$1.4 billion assets

“Over the last ten years Navy Federal has used Kohl’s Activity-Based Assessment to better understand and manage the cost and profitability of our products and services. In today's environment, in order to remain competitive, we strongly believe that credit unions need to understand and effectively manage what their products and services earn. Kohl's Activity-Based Assessment provided us with the tool to understand our product and service profitability.”

Joel Polster
SVP Financial Operations
Navy Federal Credit Union
$40 billion assets

“This is just the information our credit union has needed and we'll be putting it to very good use. I feel like a blind woman who's just had laser eye surgery!

Thanks again!”

Karen Rosales
Marketing & Business Dev.
Justice Federal Credit Union
$500 million assets