Publisher's Synopsis
As part of the process of re-engineering the financial organization, corporate finance and accounting personnel usually drastically reduce or eliminate its hands-on control of the payroll, accounts receivable, accountants payable, billing and other business processes in order to integrate them with the company's overall goal of re-engineering its operating processes.;This cost-management implementation guide explains how to establish the appropriate foundation for making crucial, strategic re-engineering decisions, and provides an overall conceptual framework to help chief financiers, treasurers and controllers identify potential problem areas. It provides an activity-based management framework that can be used to direct corporate decisions. It also includes an interactive diagnostic software program that is keyed to specific segments of the book.