In a recent article I explained the Importance of Continuous Process Improvement. Streamlining back office operations is one of the areas that require continuous effort and commitment to efficiency. The back office is the engine that keeps a business running smoothly,...
Efficient management of accounts receivable is crucial for the success of any business, and most companies prefer handling them with their own resources. However, the accounts receivable management of big retailers and corporate accounts is so intricate that many...
Key Performance Indicators (KPIs) play a crucial role in assessing the effectiveness and efficiency of various processes within a manufacturing facility. Manufacturers obtain valuable insight to optimize their operations, enhance productivity, and deliver high-quality...
In general terms, accounting is the process of recording, organizing, and summarizing financial transactions and information of a business or individual. However, there are various types of accounting within a company, each serving different purposes to cater to the...
Adopting a Continuous Process Improvement (CPI) strategy has become imperative to remain competitive and thrive in today’s dynamic marketplace. CPI allows companies to optimize their operations, enhance efficiency, and unlock multiple benefits that contribute to...
If a company has a successful business in its country, it is logical to expanding to another country. Most companies initially try to expand in their own region, but given the weight of the USA in global trade, it is only natural that, at some point, they will try to...
