Value Stream Mapping Accounts Payable -...

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860-638-9874 ractical P mprovement I P rocess ractical P mprovement I P rocess Value Stream Mapping Accounts Payable

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Value Stream Mapping Accounts Payable

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Blitz Agenda

8:00 - 8:30 a.m. Morning Coffee

8:30 - 12:00 Noon Kaizen Lean Office Training Value Stream Mapping overview

9:30 - 9:45 a.m. Break

Wednesday

14 May 12:00 - 12:45 p.m. Working Lunch ( All Toget her)

12:45 – 4:00 p.m. Current State Map development & Refinement

2:00 - 2:15 p.m. Break

4:00 - 4:30 p.m. Team Status Report, Share Accom plishments and Plans for Next day

8:00 - 8:30 a.m. Morning Coffee

8:30 - 12:00 Finalize Current State map Begin Future State development Review and finalize Future State

Thursday 12:00 1:00 Working Lunch, Roundtable Flash Reports

15 May 1:00 – 4:00 Brainstorm Solutions Develop & prioritize Action items Task assign, & follow-up calendar Identify benefits

4:00 – 4:30pm

Presentation to Management and Process Owners

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Objective & Scope

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Issues

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Waste

� Overproduction

� “Inventory”

� Waiting

� NVA Processing

� Defects

� Excess Motion

� Transportation

� Underutilized People

� Printing paperwork to “CYA”, review by supervisor

� Batches of invoices being gathered prior to process

� Waiting for movement, approvals, reviews

� Re-entering data; filing, printing paper copies, reviews

� Improperly addressed invoices, wrong invoice amounts

� Looking for “lost” invoices, walking to see if mail is here, filing

� Movement of invoices between desks

� Interruptions, Limited functional responsibilities

Examples at Acme

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Team at work!!

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7.2 Hours

Value Add Steps

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Future State

3.16 Hours

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Measures/Targets

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Actions to be taken

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Accounts Payable team

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Date: May 14 – May 15

Targets:• Reduce Process Leadtime by 50%• Identify and recommend changes to implement

The team looked at the details that made up the current process and quickly observed a number of problems such as labor inefficiencies, excessive wait time, and lack of standard work. The team has identified and prioritized 12 action items to address the problems. The major focus is on the elimination of wait time, and process changes to eliminate redundant process time.

3.16 hours

After

57%

% Improve

7.2 hours

Before

Leadtime

Metric

Account Payable Process

Future State

Acme Corporation

Current State7.2 hours 3.6 hours


Accounts Payable Manual a g e | 2 WASBO Accounts Payable Manual, August 2017 Table of Contents Introduction 3 Accounts Payable ...

Accounts Payable Manual a g e | 2 WASBO Accounts Payable Manual, August 2017 Table of Contents Introduction 3 Accounts Payable ...

Accounts payable module_in_a_slide_pdf

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Accounts Payable Manual - Samco · Accounts Payable Manual ... Understanding Accounts Payable Accounting "Accounting" is the collection, categorization, and presentation of financial

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ACS Version 10.6- Accounts Payable...Accounts Payable Accounts Payable Overview The ACS Accounts Payable module is designed to automate the accounts payable process for your organization.

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Automating Accounts Payable

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invoices have errors - Canon Globaless.csa.canon.com/.../Accounts-Payable-automation-infographic.pdf · Title: The Upside Of Accounts Payable Automation Subject: Accounts Payable

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Introduction to Accounts Payable Andre Simmons, Assistant Manager Accounts Payable.

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The State of Automation in Accounts Payable - State of... · The State of Automation in Accounts Payable A Special Report from The Accounts Payable Network ... Accounts Payable European

The State of Automation in Accounts Payable - State of... · The State of Automation in Accounts Payable A Special Report from The Accounts Payable Network ... Accounts Payable European

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Accounts Payable - Proveedores

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Accounts Payable Automation

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Accounts Payable ManualP a g e | 4 WASBO Accounts Payable Manual, August 2018 Accounts Payable Accounts payable functions include the payment of all vendor invoices, employee reimbursements

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Accounts Payable & General Ledger Kathleen Graw. Accounts Payable & General Ledger2.

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