Business Automation and Software Blog

No one likes road construction. Between the traffic and the rerouting, slowdowns occur and headaches ensue. But perhaps worst of all are roadblocks, where we thought we had a clear path only to find our planned route blocked.

Last month we talked about some of the perceived roadblocks of moving to lean accounting. Perhaps you scanned those and none of them seemed to apply to your situation, yet you’re still struggling to move to lean accounting. It should be easy to move to a simpler accounting process, right? But sometimes, the bigger the business, the harder it is to just keep focus on the cash flow. If you’re still pushing for lean accounting, there could be a few more orange construction cones in the way.

As most good business leaders know, practicing lean involves maximizing value while minimizing waste, essentially creating more value using fewer resources. Lean made its first big impact in business with Henry Ford in 1913, before being improved on by a team at Toyota in the 1930s.

Lean is clearly applicable when it comes to manufacturing, but what about accounting?