The principles of lean six sigma methodologies can be applied in Finance and Accounting to gain organizational advantages, streamline production and improve organization wide culture.
Here are 3 applications of accredited lean six sigma certification online training in Finance and Accounting sector for overall production process improvement.
1. Reduction in Error: Lean six sigma principles focus on making a process more efficient. In a particular case study it was reported billing errors resulted in 30% less profits as the customer’s account was charged less. After implementing LSS, this issue was nearly eliminated from the organization.
2. Identification of problem: LSS uses various quantitative methods to identify Key Points of Impact or KPIs which reduces the overall efficiency of an organization. The process map of LSS is used to identify such problems and apply the method of DMAIC or Define, Measure, Analyze, Improve, Control methodology to mitigate problems. LSS strategies offer a powerful method to analytically solve risks and errors and improve organizational operations. Get an accredited lean six sigma certification online now to step-up your game in the professional world.
3. Continuous Improvement: LSS implements DMADV (Define, Measure, Analyze, Design, Verify) principles to ensure continuous improvement system well into the company’s future after its initial introduction.
What are the career benefits of accredited six sigma certification online learning?
Over the years, research has demonstrated that six sigma applications in finance have resulted in efficient management of existing process enabling future innovation in business. LSS has expanded far outside the manufacturing industry in practically every sector now.
Getting accredited six sigma certification online in finance and accounting sector has enabled managers to step up their career to the next level. Data collected shows the average salary of a black belt LSS certified professional is $93,000 P.A. compared to an average salary of $83,000 P.A. for a non-certified professional.
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