Finance, Accounting and Cost Management Training from a Lean Perspective
In most companies, finance, accounting, planning and control processes are run with traditional cost logic; long closing cycles, invoices awaiting approval, duplicate checks and reporting errors cost both time and cash. Grupas' 2-day certified lean accounting and lean finance training aims to integrate lean thinking into financial operations processes, eliminate non-value-adding steps, establish a value stream based management approach and make the financial results of lean transformation visible.
The program covers, on a hands-on basis, the principles of lean economics, the 8 types of waste in financial operations, value analysis and calculation formulas, 6-step value stream mapping (AS-IS / TO-BE), lean financial accounting techniques, a comparison of traditional accounting with lean accounting, and a company-specific lean financial operations transformation plan. The lean accounting practices of pioneering companies such as Danaher, the packaging industry and Toyota Financial Services, along with a real collection (DSO) optimization case, are examined as examples.
Benefits for Your Company
- Shorter cycle times and lower error rates in invoice processing, month-end closing and reporting processes
- Improved cash flow: management of collection period (DSO), delays and receivables risk
- Reduced process costs and elimination of duplicate work and controls
- Increased employee productivity and redirection of workforce gains to value-creating activities
- More accurate, customer-focused decision making through value stream based reporting instead of standard costing
- Measurable financial impact of lean improvements and sustainable profitability
Who Is It For?
It is designed for senior executives, process managers, financial operations (finance, accounting, cost, planning, control) managers and employees.
Format: Hands-on classroom training | Duration: 2 days | Capacity: Max. 15 participants | Participants receive an official Certificate of Attendance.