At twoday kapacity, we focus on 3 key areas that will lead to a more efficient process:
Continuous improvements within these three focus areas will end in better results and more efficiency as a result of more time on hand and higher precision.
Challenges and limitations of the closure process are typically seen in organizations where one or more conditions are not present:
Getting a good start and beginning the work on the first focus areas can seem like a big task, and it can be difficult to prioritize in a busy everyday life.
At twoday kapacity, we use a simple method that quickly uncovers specific issues and priorities.
We will analyze the current situation and create a common understanding of challenges and priorities. As part of the baseline, we categorize the issues so that we know whether the focus in the further analysis should be on the process, organization, data, technology, or governance. In addition, focus areas are prioritized and selected based on a simple prioritization matrix.
Through interviews with the key individuals who are performing the tasks, the work process from A-Z is analyzed to understand the challenges in detail and to identify the optimization options.
The work process must be at a certain level of maturity, and the right competencies must be present to create the best foundation for optimization.
The observations from the analysis are presented with recommendations for efforts and order of priority. The purpose of analyzing the month-end process is to identify the work tasks and challenges associated with the monthly close. Including preparation of the completed management reporting, which can be optimized using data analysis and BI solutions.
Do as a large number of the country’s most ambitious companies:
Fill out the form or get in touch with Søren – then we can have a chat about your challenges and dreams.