Performance Measurement Implementation Consulting

Community financial institutions may prefer to build and maintain a profitability model in-house. Our expertise in breaking down an otherwise enormous undertaking into digestible portions can help your finance and technology team get the project off of the ground. We provide assistance in project design, execution, deliverables, and management buy-in.

The Kafafian Group designed our implementation consulting service in response to community financial institutions that had purchased profitability systems but needed specialized expertise in designing a model unique to their organization. We work closely with our client’s project manager to identify management requirements, build a project plan, assign responsibilities, and monitor results to ensure project success.

Set-Up Task Description	Staff Assigned	Projected Completion Date	Actual Completion Date
16) Prepare/Complete "GL-to-Product Pointing Worksheet"		4/16/2004
a) Correlate g/l accounts to products	JM	4/9/2004
b) Audit and fill out remainder of Product Allocations	JM	4/16/2004
c) Document Accounts that will require FTP Queries and Volume Tables for allocations	JM	4/9/2004
17) Set up Application Databases/Design Queries/Export Stats		3/12/2004
a) Define Application Data Import layouts	LS	2/27/2004
b) Link Imports to FTP databases	LS	3/5/2004
c) Import and test extract files	LS	3/5/2004
d) Set up Application-to-Ledger-to-Product mapping tables in FTP database	LS	3/12/2004
e) Set up Branch-to-Cetner Conversion Table in FTP database	LS	3/5/2004
f) Code FTP databases	LS	3/12/2004

Sample Section from a Typical Project Plan

Is your financial institution contemplating purchasing a profitability system or have you already done so? We provide:

Expertise - Building a useful profitability models require specialized expertise. Our professionals have successfully built over 100 profitability models for institutions both large and small. We have jumped most of the hurdles that accompany a profitability project and your project team can benefit from this depth of experience.
Return on Investment - Finance managers at community financial institutions are eager to get relevant management information to their institution’s decision makers. Often, they purchase an expensive software suite and later discover that they need specialized assistance to get the profitability model off of the ground because of the many demands on their time. Without assistance, these models can languish for years on the shelf without producing tangible results. This is a common scenario. We help you get results from your significant investment in profitability systems and show you how to do it in a measured way that doesn’t drain the institution’s already scarce resources.