lean finance

All articles about lean finance

Freeing up cash by reducing stock at a lean car dealership
January 5, 2018
Freeing up cash by reducing stock at a lean car dealership

FEATURE – This story from Cape Town car dealership Halfway Ottery shows just how much eliminating stock can contribute to turning around a business by freeing up cash.

Continue reading
Making lean relatable and meaningful
October 25, 2022
Making lean relatable and meaningful

INTERVIEW – General Electric’s Angie Norman talks to our editor about the lean journey of the company’s Finance department and how the area became a driver of GE’s overall transformation.

Continue reading
The synergies you need to succeed
July 11, 2019
The synergies you need to succeed

FEATURE – While at Starbucks, the author learned the importance of collaboration among the key functions of Operations, HR and Finance to advance a lean transformation.

Continue reading
Nick Katko explains the benefits of lean accounting
April 27, 2018
Nick Katko explains the benefits of lean accounting

FEATURE - Without a solid accounting function no transformation can ever succeed. The author explains why lean accounting should be part of your strategy.

Continue reading
Visual management in the Finance department of a car dealer
February 2, 2018
Visual management in the Finance department of a car dealer

VIDEO - Visualization has an important role to play in creating awareness of the problems and highlighting gaps as a key starting point for improvement, and this Finance Manager does it with dedication.

Continue reading
Lean accounting: a few key lessons from Wiremold
September 12, 2016
Lean accounting: a few key lessons from Wiremold

INTERVIEW – In this interview, the former CFO of uber-lean company Wiremold explains why our finance people hold the key to our transformation and gives us the lowdown on lean accounting.

Continue reading
Lean IT at Nationwide: developing 9,000 people
May 23, 2016
Lean IT at Nationwide: developing 9,000 people

INTERVIEW – At the recent Lean Transformation Summit in Las Vegas, our editor sat down with Nationwide to hear more about the mutual company’s application of lean thinking to IT and how they are working towards getting 9,000 people onboard.

Continue reading
Workshop inspires a financial administrator to embrace lean
January 21, 2015
Workshop inspires a financial administrator to embrace lean

COLUMN – Finance is a critical function within a firm. Yet, lean thinking seems to struggle to make progress in this field. Following a workshop with Nick Katko, the author of this article sees an opportunity.

Continue reading
How to apply lean principles and lean tools to accounting
June 11, 2015
How to apply lean principles and lean tools to accounting

FEATURE - Every part of an organization can benefit from the adoption of lean principles, but what about accounting? Here are a few useful tips to efficiently close the books at the end of each month.

Continue reading