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A Process Financial Statement
incorporates all the benefits of Process Management into one
financial statement that improves management of any organization.
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Reports cross functional
business processes so everyone focus on improving process rather than
sub-optimizing their activities in their cost center or department
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Reports earned value so
managers can see how much of the process variances were due to volume
changes
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Reports process performance
measures for cost, time, and quality
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Reports unused capacity so
managers can decide to eliminate or better utilize unused capacity
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Improves forecasting accuracy
by focusing on how to get processes in control and thus reduce process
variation
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Gets managers focused on how
processes create value as opposed to just how to improve a process
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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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