Our current approach relies on data from over 20 different business usnits round the world, which operate on different GL platforms. Our core business is car leasing to major corporate clients where some costs and results are estimated till the car is sold after, say, 3 years.
I am wondering whether instead of an Activity Based Costing Tool we should simply look at using a Budgeting Tool bearing in mind the time span and the resulting need for dynamic updates. All the Budget Tool needs to do in addition to budgeting is to allow for detailed allocation of overhead costs in such a way as the cost of services (per customer and product) can be estimated.
Has anyone done this with success or failure?
August 11, 2005 3:48 AM
August 12, 2005 7:38 AM