Accounting 7 Easy Steps to Automate Your Accounting Process The first step towards automation is to analyze your existing tools and processes and identify the pain points.
Process Management Top 10 BPM Tools in 2021 A BPM tool or software works wonders in improving the overall performance and efficiency of your business process. It takes some of the manual load off professionals by introducing automation wherever applicable.
Process Management SIPOC Diagram: The Ultimate Guide (with Templates) Every organization that aims to grow and develop requires a reliable plan to actuate the same. In most cases, it is to build on their strengths and eliminate weaknesses. The characteristics of “strength” and “weakness” may seem industrially vague and subjective, but they rest on tangible results.
Process Management What are Kaizen Events - Definition & How to Use Them Usually conducted in the course of a week or 5 days to address a specific business problem, a Kaizen Event is essentially a ‘focused development project’ that is able to bring about crucial improvements in a short time span.
Sales What Is the Formula for Return on Sales (ROS)? Sales is a crucial part of any business. By measuring it, you can gauge the health of the business and assess your marketing plans. It also gives an idea about the company’s budget and how it can be manipulated for the next quarter or year for optimal profits.
Manufacturing What is One-Piece flow in the Production Process? One-Piece Flow is a popular production approach of lean manufacturing. In this blog, we will look at examples, pros & cons, ideal conditions, implementation guidelines for One-Piece Flow.