Quantalyst Consulting LLC

Chemtura (NYSE:CHMT) is a $3B specialty and engineered chemical giant.  Their 10-K suggests an improvement in communications and in systems utilization is in order.

A waterfall chart is a very effective means to communicate P&L differentials and their underlying causes. 

With the advent of the Affordable Care Act, a number of new tools are under consideration to improve health care quality and to lower costs.  One promising initiative spearheaded by the Centers for Medicare & Medicaid Services is the bundling of payments for an episode of care. 

Your cost accounting systems are designed to be a driver of process efficiency – raising cost’s importance in this period of trying economics.  Here are three reasons why you should be paying more attention to your cost systems.