Why factory accountants need to go lean, too

04/2/2011 | Manufacturing Business Technology

Lean business processes need to be taken into the back office and applied to firms' bookkeeping, argues Dan Hunstad. Automated accounts-payable systems allow manufacturers' accountants to eliminate waste and find new efficiencies, Hunstad notes. "The accounting process is the lifeblood of every manufacturing organization, and therefore deserves to be treated with the same priority placed on contributors to the production line," he writes.

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