{"id":20567,"date":"2025-12-10T14:29:01","date_gmt":"2025-12-10T13:29:01","guid":{"rendered":"https:\/\/www.costperform.com\/?p=20567"},"modified":"2025-12-10T14:35:32","modified_gmt":"2025-12-10T13:35:32","slug":"costperform-x-armada-banking-profitability-experts","status":"publish","type":"post","link":"https:\/\/www.costperform.com\/costperform-x-armada-banking-profitability-experts\/","title":{"rendered":"CostPerform x Armada: Banking Profitability Experts"},"content":{"rendered":"\n

CostPerform\u00a0recently announced the acquisition of Acumen Software from Armada.\u00a0Mergers & Acquisitions<\/a>\u00a0(M&A) have been front and\u00a0centre\u00a0in banking news in 2025. This\u00a0CostPerform\u00a0acquisition\u00a0represents\u00a0a trans-atlantic\u00a0partnership, where costing software experts\u00a0CostPerform\u00a0team up with US banking sector experts Armada. Both parties aim to be greater than the sum of their parts.\u00a0
\u00a0
Armada and Acumen<\/strong>\u00a0<\/p>\n\n\n\n

Acumen (the software product) was created by\u00a0Armada<\/a>\u00a0(the American company). Acumen is a product specialized in cost and profitability management for the US banking sector, and represents the IP that\u00a0CostPerform\u00a0has\u00a0acquired\u00a0in this move. The deal represents not only a software acquisition but also marks the kickoff of a partnership between the teams at Armada and\u00a0CostPerform.\u00a0<\/p>\n\n\n\n

\"\"
Sander den Hartog (CEO, CostPerform) & Scott Wise (CEO, Armada) at Gartner CFO Conference, Washington, D.C.<\/em> <\/figcaption><\/figure>\n\n\n\n

The Strategic Vision<\/strong> <\/p>\n\n\n\n

There\u2019s\u00a0no secret about it; CostPerform’s software is gaining market share and has been improving its capabilities each year. The sold-out\u00a0Costing Conference<\/a>\u00a0in Amsterdam, and highly subscribed\u00a0CostPerform\u00a0user event in D.C are testaments to this. Much of this growth has also been organic and product-led, a testament to the quality of the product. The partnership with Armada now\u00a0opens the door to streamlined implementation of\u00a0CostPerform\u00a0to banks in the US<\/strong>\u00a0from\u00a0CostPerform\u2019s\u00a0European headquarters, accelerating its mission of boosting cost transparency, insight, and profitability in the sector.\u00a0<\/p>\n\n\n\n

\"\"
A highly engaged audience at Scott Wise\u2019s\u00a0“Every Dollar is a Decision” keynote at\u00a0Costing Conference 2025,\u00a0CostPerform\u2019s\u00a0flagship event in Amsterdam (October 2025)<\/em><\/figcaption><\/figure>\n\n\n\n

Every Dollar Is a Decision<\/strong> <\/p>\n\n\n\n

Scott Wise, CEO of Armada, and Sander den Hartog, CEO of\u00a0CostPerform, see eye-to-eye on the future of costing at the enterprise level. Wise\u2019s decades of experience in the banking sector give him a wise outlook on financial firms in\u00a0topics\u00a0of profitability, costing, and transparency. Den Hartog\u2019s vision, applied to sectors from government to telecoms and healthcare, is complemented by Wise\u2019s sector-specific expertise. Den Hartog says, \u201cTogether we understand US banks’ challenges very well.\u00a0It\u2019s\u00a0clear\u00a0to us that banks that build cost transparency will win this next cycle in banking.\u201d
\u00a0
Who will win this next cycle?<\/strong>\u00a0<\/p>\n\n\n\n

Preparing for the next years is key.\u00a0CostPerform, combining its costing knowledge with Armada\u2019s insight,\u00a0have\u00a0created a banking cost optimization<\/a> playbook detailing the strategy that will help regional banks to succeed in the years from 2026 to 2028. For those interested in the direction of AI investment in Europe, how expense ratios can be\u00a0optimized\u00a0in the United States, or the dual impacts of an M&A uptick, this playbook is\u00a0a good read. It offers a roadmap for banks who want to count themselves among the winners of this period.\u00a0<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

CostPerform & Armada are tackling bank cost optimization together. <\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[11],"tags":[],"class_list":["post-20567","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/posts\/20567","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/comments?post=20567"}],"version-history":[{"count":3,"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/posts\/20567\/revisions"}],"predecessor-version":[{"id":20623,"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/posts\/20567\/revisions\/20623"}],"wp:attachment":[{"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/media?parent=20567"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/categories?post=20567"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.costperform.com\/wp-json\/wp\/v2\/tags?post=20567"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}