Business Automation and Software Blog

The Value of Moving From Cost to Lean Accounting (part 1)

Posted by Robert Baran on Wed, Aug 07, 2019 @ 11:00 AM

As most good business leaders know, practicing lean involves maximizing value while minimizing waste, essentially creating more value using fewer resources. Lean made its first big impact in business with Henry Ford in 1913, before being improved on by a team at Toyota in the 1930s.

Lean is clearly applicable when it comes to manufacturing, but what about accounting?

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Topics: manufacturing software solutions, lean accounting