eXampleCG Enabling Excellence Forum

Applying Lean Accounting Methods To The Accounts Payable Process

Prior to the introduction of lean thinking this company had taken the approach to centralize their accounting processes. The Accounts Payable department has 40 people and processes approximately 36,000 transactions each month. The company is in the process of implementing Lean Accounting but there has been little progress within the centralized service center because the people had not been included in any of the lean training or lean accounting workshops. As a first step, a kaizen event was organized within the shared services Accounts Payable department with the goal of eliminating waste, improving productivity, and reducing the processing lead time.

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http://www.maskell.com/lean_accounting/subpages/lean_accounting/field_stories/stories_from_the_field_10.html