Business Process, Finance Department, Lean Accounting, Lean Business
I attended an APICS event last night and the presentation by Robert Fox focused on lean & Six Sigma and why we would want to implement them. Most of us associate ‘lean’ with manufacturing as the concepts which originated at Toyota were...
Business Process, Creative Thinking, General, Information Technology, Lean Accounting
I am reading a new book by John C. Maxwell entitled ‘How Successful People Think’. An intriguing title. If you are not familiar with John C. Maxwell he is a very dynamic speaker, and an expert on Leadership....
Business Process, Finance Department, General, Information Technology, Lean Accounting
Have you gone on a corporate crash diet in the last couple of years. After the binging in the early 2000’s and the financial collapse in 2008, many companies felt it necessary to put themselves on a crash spending diet. So what do I mean by...
Business Process, ERP Selection, Finance Department, General, Information Technology, Lean Accounting
We have discussed the Financial Supply Chain and the importance to cash flow and profitiabilty for optimizing it. Optimizing the Financial Supply Chain is a function of optimized business process and effective information technology. In my last post, I...
Business Process, ERP Selection, General, Information Technology, Lean Accounting
This is an age old question and today the chicken and egg that I am going to discuss is redesign of business process versus selection of an ERP system and which should come first. If you listen to most ERP vendors and system integrators they will definitely say...
Business Process, Finance Department, Information Technology, Lean Accounting
In the competitive economic environment on the 21st century, finance is expected to be strategic and focus on providing accurate and very timely information for operation decision making and optimizing profits and shareholder value. In addition the finance...