Costing, cost optimization, cost management, cost reduction, cost cutting, etc., - whatever we call it - many are tired of hearing about it and ready to return to profitable growth. We know we are… and we also know that the level of depth and breadth of cost transparency and analysis we provide will allow you to take your ‘costing’ efforts to another level. Regardless of what has already been done (slash 10% across the board!) or what macro-economic conditions may be.
Companies that leverage cost analytics to focus on cost reduction can experience reductions of 3%–5% in operating expense, sometimes even greater. For example, a $4 billion financial services firm was able to reduce annual operating expense by $600 million in part due to the fact-based insight from Acorn.