Fully Allocated Branch Accounting

Why NaviSource?

NaviSource Solutions Group is a privately held American software and information technology services company with facilities throughout North America, the Philippines, and New Zealand. NaviSource Back Office (NBO) is a global technology platform for Business Spend Management.

We help medium and large companies gain visibility into, and control over, the money and resources spent within their organizations. NBO integrates with client platforms for true Branch Accounting. NaviSource provides better accountability and control, since profitability and efficiency can be closely tracked at the branch, work-group and employee levels.

Answers

Which branch is cost effective? How do regions compare? Who is the best manager? What are the best practices?

Traditional Difficulty

Fully Allocated Branch Accounting (FABA) manages huge datasets to monitor a continuous stream of cost and use inputs. The difficulty of correctly reconciling accounting data with operational distribution for accurate allocation across diverse departments is laborious and requires expertise beyond most. It can easily take three full-time accounting employees (FTE) working in concert with operations and procurement to achieve a FABA Six Sigma implementation.

Self-Maintaining

Our FABA is completely self-maintaining. NBO requires no accounting staff inputs, dramatically reduces operational task sets, and is completely core independent. There is no load on your core and no IT management is required.

Results

Generate usable performance measurements and set goals by cost center. Employ best practice allocation and view profits by branch to achieve maximum profitability.