Cost Transformation – CrossCountry Consulting

Make Informed Investment Decisions

Whether preparing for economic downturn, maintaining stability in the marketplace, or scaling the business for growth, balancing costs with strategic investment helps to yield improvements in both efficiency and effectiveness. Through a strategic cost management approach, companies not only create opportunities to improve their bottom line, but also become more prepared to respond to external market changes and support internal initiatives.

Cost Transformation provides a disciplined approach to rapidly understand the cost drivers, identify opportunities for right-sizing and reallocation of spend, and to enable leaders with the tools and data necessary to make informed investment decisions so that as economic conditions evolve, companies are positioned for everything from recovery to growth.

Our Approach

Evaluate

Evaluate existing operating models and bridge the gap between strategy and execution

Improve

Improve capabilities as technology, markets, and business objectives evolve

Design

Design a dynamic operating environment focused on increased team capacity and effective cost management practices

Implement

Implement a tailored solution with measurable indicators to monitor ongoing performance of people, process, and technology

Cost Transformation Solutions

Whether your organization is preparing for or responding to Cost Transformation needs, seeking to take their first steps to right size spend, or interested in making informed investment decisions to transform your business, we provide a range of support.

Spend Optimization

Deliver recommendations to improve strategic vendor relationships, realize savings opportunities, and optimize processes for maximum cash flow

Operating Model Transformation

Implement a plan that aligns the organization’s people, process, and technology with the company’s goals and provides increased standardization and cost control

Performance Improvement

Analyze business functions to identify inefficiencies and deliver a roadmap that quantifies the impact and benefit of the recommended improvements

Automation & Analytics

Plan and implement strategic automation and analytics solutions that create process efficiencies, and enable growth and higher ROI while controlling costs

Case Studies

A Global Publicly Traded Asset Management Firm

Learn about how we helped our client achieve significant cost savings and efficiency benefits through successful implementation of enhanced processes, technology, and a new operating model.