Process Redesign Workbook
Originally published: 02/04/2019 07:32
Last version published: 16/12/2019 07:06
Publication number: ELQ-15790-2
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Process Redesign Workbook

Our Process Design Workbook as been developed to help you gain a thorough understanding of your most important Accountin

Description
Our Process Design Workbook as been developed to help you gain a thorough understanding of your most important Accounting, Finance and Treasury Processes. The ultimate objective of this tool is as an aid to significantly Improve the CFO Pillars - creating better, faster and less costly outputs from your team’s effort.

A Process Redesign exercise can tune up - even overhaul - old processes that have accumulated grease, grime and serious leaks in the form of bad habits, extra steps and worn out practices.

Staff members develop habits and create processes that over time cause delays and increase costs. Sometimes these unnecessary steps are an unforeseen result of company policy. They may be a holdover from a previous ownership. They could be the result of an imperfect amalgamation of companies, where managers adhere to old procedures while imposing new ones. All these process kinks accumulate over time, creating inefficiencies that add nothing to customer value.

If the examples above sound familiar to you, a Process Redesign project may yield big benefits.

If you have any questions or stumble along the way please reach out to us at CFO.University. You wouldn’t be here if you didn’t believe professional growth was critical to your success. We wouldn’t be here if we couldn’t help you accomplish that.

This Best Practice includes
1 Excel file

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