Designing management accounting and controlling systems
Comprehensive management information models — from concept to rollout — tailored to the organisation's processes and IT systems.
Management accounting & controlling · Cost accounting
Academic precision.
Practical management systems.
We design and implement management accounting, controlling and cost accounting systems that help organisations make better decisions — combining academic rigour with implementation experience since 1991.
1991
Sincewe have designed management systems
Dozens
Projects deliveredimplementations and analyses across industries
Research & practice
Academic knowledge in practicea company born in an academic environment
About RAFIB
Academic knowledge in management practice
RaFiB grew out of an academic environment. Its experts are academic staff of the Faculty of Management at the University of Łódź — associated with the Department of Accounting — who combine academic knowledge with years of hands-on experience designing and implementing management accounting, controlling and cost accounting systems.
Competencies
What we design and implement
Every project is designed individually around the client's needs.
Cost accounting systems
Designing and modernising cost accounting, including alignment with management needs and balance-sheet valuation for financial reporting.
Activity-based costing (ABC/ABM)
Activity-based costing implementations — the real costs of activities, processes and their drivers.
Budgeting and control of costs, revenues and results
Budgeting and variance-control systems supporting day-to-day management decisions.
Profitability analysis and performance measurement
Multidimensional profitability analysis of products, clients and channels, plus performance measurement based on the balanced scorecard.
Cost accounting audit and IT-tool selection support
Analysis and assessment of the existing system, plus support in selecting and implementing IT tools for controlling and budgeting.
Sectors & industries
Experience across many sectors of the economy
We have designed management accounting and cost accounting systems for manufacturing, service and trade companies. Point at a sector to see how we support its specifics — these are examples only; the real range is considerably wider.
Energy & fuels
Cost accounting for generation and transmission, and profitability models in energy and fuels.
How we work
A structured process, not a template
We work in stages, transferring knowledge to the client's team at every step.
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01
Discovery
Understanding the organisation, its goals and challenges.
We get to know the organisation, its strategic goals, operating model and management's expectations of the information system.
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02
Audit of data and solutions
Analysis of the current cost and result information system.
We analyse the current cost and result information system, its data sources and the tools and IT systems in use.
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03
Diagnosis
Identifying gaps and improvement potential.
We identify gaps, risks and improvement potential, and set change priorities matched to the organisation's capacity.
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04
Target model design
Designing a system tailored to the organisation.
We design the cost, result and metric model, together with calculation rules and the management reporting structure.
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05
Implementation & integration
Rollout and integration with IT systems.
We roll out the solution, integrate it with IT systems and verify data accuracy over real periods.
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06
Knowledge transfer & review
Team training, results review and improvement.
We train the client's team, hand over documentation, review results and plan further improvement.
Client benefits
What the organisation gains
Structured cost information
Understanding the costs of activities and processes
Reliable profitability data for products, clients and channels
Smoother budgeting and control of costs, revenues and results
Faster response to internal and external risks
Performance measurement based on the balanced scorecard
Better information for long-term project management
A durable competitive advantage based on information quality
Clients & references
Trusted by demanding organisations
Our strongest reference is the feedback of the clients for whom we designed and implemented management accounting and controlling systems.
Anwil S.A.Telewizja Polska S.A.Polpharma S.A.Akwawit / WratislaviaJutrzenka / ColianBakalland S.A.Nemak PolandPSEPKP EnergetykaTrakcja S.A.Trzuskawica S.A.Nowa EraMIFAM S.A.Koksownia Victoria S.A.PartnerTech SieradzPafal S.A.Niewiadów S.A.Masters S.A.ElgoPróchnik S.A.Hydro-Vacuum S.A.Instytut Ochrony ŚrodowiskaInstytut Medycyny Pracy w ŁodziJSW S.A.TBM SnacksGametaMiedziowe Centrum Zdrowia w Lubinie
Let's talk about a management system for your organisation
Towarzystwo Gospodarcze RaFiB Sp. z o.o.
ul. Suwalska 25/27 lok. 25, 93-176 Łódź
rafib@rafib.pl · +48 507 159 830
Book a consultation
ul. Suwalska 25/27 lok. 25, 93-176 Łódź
rafib@rafib.pl · +48 507 159 830