Process Financial Statement
Business Process Management Uses Process Financial Statement
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What is Process Financial Statement? SiteMap

A Process Financial Statement incorporates all the benefits of Process Management into one financial statement that improves management of any organization.

  • Reports cross functional business processes so everyone focus on improving process rather than sub-optimizing their activities in their cost center or department

  • Reports earned value so managers can see how much of the process variances were due to volume changes

  • Reports process performance measures for cost, time, and quality

  • Reports unused capacity so managers can decide to eliminate or better utilize unused capacity

  • Improves forecasting accuracy by focusing on how to get processes in control and thus reduce process variation

  • Gets managers focused on how processes create value as opposed to just how to improve a process

  • Looks at process velocity which is the rate at which process costs are converted into cash inflow

If you work for service, manufacturing, government, or non-profit organization and would like a sample Process Financial Statement, please fill out the form below and we will email you a sample Process Financial Statement.

Call John Antos, Jim Brimson or John Antos at 972-980-7407 to find out more about Process Management Financial Statement.

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Find Out How Process Management Can Help you Reach Your Goals

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