Consistent partial bosonization of the extended Hubbard model

We design an efficient and balanced approach that captures major effects of collective electronic fluctuations in strongly correlated fermionic systems using a simple diagrammatic expansion on a basis of dynamical mean-field theory. For this aim we perform a partial bosonization of collective fermionic fluctuations in leading channels of instability. We show that a simultaneous account for different bosonic channels can be done in a consistent way that allows to avoid the famous Fierz ambiguity problem. The present method significantly improves a description of an effective screened interaction $W$ in both charge and spin channels, and has a great potential for application to realistic $GW$-like calculations for magnetic materials.