Lean Kaizen in Finance
Are all management reports that finance team produce are actually used for relevant decision making in business? Are your receivables are collected on time? Are all invoices raised and processed are correct at first time? Are all allocations of costs adding value to the business? Are our budgeting processes seamless, smooth and efficient?
Implementing Lean Kaizen in Finance helps optimise and minimise waste by simplifying and streamlining finance processes to create a leaner, more efficient finance operation. Adopting Lean tools as a part of finance function can help to:
Minimise Report generation lead-time
Minimise Receivable overdue days reduction
Minimise Inventory Variance
Minimise Finance costs
Opitmise Internal finance processes efficiency and TAT (including invoicing, procurement, preparing reports & more)
Focus on improving the overall effectiveness and quality across finance function can enable you to build an effective platform for delivering timely and insightful financial advice for your business.
We are global kaizen consultants offering Kaizen consultancy services to industries across Africa including Kenya, Botswana, Zambia, Uganda, Egypt, Senegal and Tanzania. Our Finance specialised Lean Kaizen consultant can guide you on how Lean Kaizen can be effectively used and customised for your organisation. Get Lean Kaizen expert in Finance today!