In this article, which was featured on Accounting Web, Tessa looks at how reviewing compliance and confidence within your finance team can eliminate waste.
Here is an excerpt from the introduction of the article:
“In part one of this article series, I explored how efficiency and consistency can be used to remove ineffective and time-wasting processes within your finance teams. This week we’re looking at how compliance and confidence can eliminate waste in your teams.
It’s important to remember, when undertaking any review of a team’s performance, processes and systems using lean principles, we must always aim for perfection.
The goal here is to reduce the waste of waiting to zero – perhaps not likely in reality, but it encourages us to practice kaizen; a Japanese business philosophy of continuous improvement of working practices, personal efficiency, etc.”
You can find the rest of the article here. If you have any questions, please feel free to get in touch.