logo

Operations Management: Flowchart Improvement and Automation

   

Added on  2022-12-27

5 Pages1162 Words51 Views
Operation management
I, ABC, presenting my credentials here. I hereby declare that all the information furnished below
is true to the best of my knowledge.

I have made many flowcharts related to operations management during the course of my study. I
am aware of the flowchart improvement process. It shows the invoice in the accounts payable
department. The current flowchart process followed by employees is older. I am familiar with the
several new accounting software programs which are the time-saving process and can improve
the speed of the process.
I use the DMAIC ( define, measure, analyze, improve and central) improvement technique. It is
the 5 steps method of the payment process (Lindström, Löfstrand, Karlberg, & Karlsson, 2012).
It has effect on environment as electronic mode of payment is used that reduces the paperwork.
Thus, it can produce a paperless environment for a particular organization.
The current accounts payable process consists of four steps. In the first step, the invoice is
received. The second step is the approval step (KevinLinderman & AravindChandrasekaran,
2010). After that, there is the third that is the review step. In this after the review finally checks
are signed and payments are processed. The last and the fourth step is the distribution of the
checks. I am aware of all these processes and have theoretical knowledge about all these issues.
The teamwork done by me in the class so as to learn the process of electronic payment has
yielded exemplary results.
I have made an assignment on the operation consulting. I have done the case study on payless
shoe store which was established in 1956. As far as the payment process is concerned I have
worked on the topic of automation with the organization named as avidxange that has helped the
organization go paperless and improve efficiency in the finance department leading to reduced
wastage.
I have knowledge about the statistical process control method. In today`s digital world
automating the payable process is very popular (K. Singhal &J. Singhal, 2012). Automating

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Professional Practice in Accounting
|15
|1304
|153

Improving Invoicing and Billing Processes in Binalong Community Club
|11
|3320
|154

Assignment on ERP Systems (Solution)
|6
|1758
|40

Improving Business Processes with Accounting Information Systems
|16
|2476
|81