Tag: Activity-Based Costing

In today’s competitive business environment, understanding the true cost of products, services, and customers is critical for informed decision-making and sustained profitability. However, traditional cost accounting methods often obscure cost drivers, leading to inaccurate pricing, misallocated resources, and missed opportunities. Activity-Based Costing (ABC) offers a powerful solution by providing granular insights into cost structures, enabling […]

[May 15, 2025] – PlaidCloud, a leader in advanced data integration and analytics, is proud to announce a new strategic partnership with Sage Intacct, a top-tier cloud financial management platform. This collaboration empowers businesses to simplify, automate, and scale their financial operations by combining the power of PlaidCloud’s integration tools with Sage Intacct’s robust ERP […]

Using transaction level data to optimize profitability Enterprise profitability analysis has traditionally relied on highly summarized financial data, offering a broad but often incomplete view of performance. Today, a seismic shift is underway, driven by transaction level data and advanced technologies like data lakes and PlaidCloud’s allocation engine. This blog post explores how granular precision […]

For CFOs: Why the General Ledger Isn’t Enough One of the most persistent challenges is the lack of actionable insight within the general ledger. While traditional financial systems capture high-level transactions, they often obscure the root causes of cost variability. Leaving key questions unanswered: Which activities are driving cost overruns? Which products or customers […]

Give Your Business Deeper Insight Into True Cost Drivers In a world where margins matter, precise cost management is essential for staying competitive. Activity-Based Costing (ABC) is a powerful accounting method that gives businesses deeper insight into their true cost drivers. Unlike traditional costing, which lumps expenses together, ABC allocates costs based on specific activities […]