CostX™

Baselining & Diagnostics

Strategic Cost Baselining & Diagnostics offering of CostX™ solution delivers clarity on what’s driving costs, where the value is leaking and what to tackle first. It typically includes functional enterprise-level cost visibility, spend cube and cost driver analytics, benchmarking against industry and internal peers, cost-to-serve and value erosion mapping. It offers opportunity sizing and prioritization heatmaps.

Cost Restructuring & Operating Model Shift

Cost Restructuring module of CostX™ solution delivers sustainable structural cost changes with improved performance and role accountability. It typically involves targeted redesign of org structure and cost centers, zero-based budgeting and activity-based costing frameworks, outsourcing, offshoring and shared services levers to restructure the cost base. Role clarity, spans & layers and FTE optimization are frequently used to restructure People Costs. Tail-spend clean-up, contract renegotiation and vendor consolidation drive third-party spend optimization.

Cost Governance

Cost Governance module of CostX™ solution delivers embedded cost consciousness and sustained financial performance. It involves use of cost governance models and cadence, KPIs and cost control dashboards, Business Unit cost accountability frameworks, cost culture activation and leadership engagement. CostX™ recommends an embedded PMO and change support for long-term impact.