Lean Accounting is the application of lean thinking to all accounting and finance processes and systems and is an essential component of a successful lean transformation for any organization.
BMA has been a tremendous help to us. Their experience and knowledge of lean is outstanding, and essential to the success with Lean Accounting. BMA does an excellent job in continuously linking these two together. Lean Accounting does not make sense without lean and vice versa. In facing the complexity of a global business, with numerous plants and divisions, BMA’s insight into systems and IT issues has also been crucial. Discussions tend to accelerate in the wrong direction, especially when it comes to this critical area. These unfruitful discussions disappear as BMA guides the improvement processes with great professionalism
Lean accounting has helped us in decision support. We perform our analysis quicker and justify assumptions as financially beneficial that we used to reject.
We transitioned to lean accounting to support our lean transformation and it has simplified our ability to understand the results of our actions and allowed us to make better decisions
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This valuable assessment tool allows a company to diagnose where it stands with lean accounting. Looking at each of the primary issues of lean accounting, you can assess your company on a scale from traditional to world class.