Lean / Agile Finance Process Optimization

CFOs are under increased pressure to achieve both efficiency and effectiveness in their finance functions (i.e., “do more, do it faster, do it better,…BUT spend less”).

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Typical processes affected are:

Monthly period closings
Annual budgeting & forecasting
KPI reports & dashboards
Order-to-Cash, Record-to-Report, and Procure-to-Pay cycles
and many other standard activities

To succeed, CFOs need to both streamline existing processes and adopt new ways of working into their business-as-usual operations. They need to challenge existing paradigms and rethink legacy approaches that have been in place since anyone can remember.

Working with the finance team, we identify opportunities to apply lean & agile methodologies to identify and eliminate “waste” in processes. We do so by leveraging digital tools to supplement existing ERPs and, in parallel, help embed a continuous improvement culture within the finance team.

Click here if you would like to learn more about our Lean & Agile Finance Process Optimization approach.