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    Benefits of Six Sigma For Finance Professionals

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    Bhagath Krishnan
    KPMG Six Sigma certification can help finance professionals improve key financial processes. It reduces errors and the time spent on complaints while freeing up resources for more productive work. Some benefits include more accurate financial reporting, better control of dashboards and metrics, and goals that can be achieved in a more cost-effective manner through data analysis of problems. Overall, KPMG Six Sigma helps reduce costs, improve customer relationships and loyalty, ensure efficient processes, and boost the bottom line for businesses.

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    Benefits of Six Sigma For Finance Professionals

    Uploaded by

    Bhagath Krishnan
    27 views2 pages
    KPMG Six Sigma certification can help finance professionals improve key financial processes. It reduces errors and the time spent on complaints while freeing up resources for more productive work. Some benefits include more accurate financial reporting, better control of dashboards and metrics, and goals that can be achieved in a more cost-effective manner through data analysis of problems. Overall, KPMG Six Sigma helps reduce costs, improve customer relationships and loyalty, ensure efficient processes, and boost the bottom line for businesses.

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    Six Sigma

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    HenryHarvin-1443521758-BenefitsofSixSigmaforFinanceProfessionals

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    KPMG Six Sigma certification can help finance professionals improve key financial processes. It reduces errors and the time spent on complaints while freeing up resources for more productive work. Some benefits include more accurate financial reporting, better control of dashboards and metrics, and goals that can be achieved in a more cost-effective manner through data analysis of problems. Overall, KPMG Six Sigma helps reduce costs, improve customer relationships and loyalty, ensure efficient processes, and boost the bottom line for businesses.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    27 views2 pages

    Benefits of Six Sigma For Finance Professionals

    Uploaded by

    Bhagath Krishnan
    KPMG Six Sigma certification can help finance professionals improve key financial processes. It reduces errors and the time spent on complaints while freeing up resources for more productive work. Some benefits include more accurate financial reporting, better control of dashboards and metrics, and goals that can be achieved in a more cost-effective manner through data analysis of problems. Overall, KPMG Six Sigma helps reduce costs, improve customer relationships and loyalty, ensure efficient processes, and boost the bottom line for businesses.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    Benefits of Six Sigma for Finance

    Professionals
    Finance is a discipline that deals with the fixation of assets and liabilities in an organisation.
    Finance could be considered as an anatomy to monetary management. A prime area of
    finance is judging value for money over the time period, which defines purchasing power of a
    particular company under particular currency.

    Companies which are certified with KPMG Six Sigma can shine their financial processes to
    improve their ability to handle complaints and errors / defects and reduce time and energy of
    the work force towards utilisation in productive areas.KPMG Six Sigma assists in calculating
    the absolute value of any project with respect to its margin of return to derive net profit over
    the years.

    Below are top 10 benefit of applying KPMG Six Sigma into your business approach:-

    1. It reduces time in closure of books of finance.


    2. Six Sigma approach gives a booster to shareholder value in a company.
    3. It brings in accuracy in preparing various statements.
    4. It assists in proper control and measurement of dashboards.
    5. It improves timely deployment of procedures into action to attain profitability.
    6. It ensures quality and timely work under required work force.
    7. It provides aggressive goal towards faster achievement of results in a cost effective manner.
    8. The data analysis approach of Six Sigma helps properly analyse root cause of the problems towards
    rectifying and implementing with proper solutions.
    9. It drives continuous improvement methods in finance and accounting for consistent growth.
    10. Lastly it Implements a competitive finance cost ,revenue and expenditure resource centre

    KPMG SIX Sigma certification can help in to determine the financial positioning, investment
    opportunities in business , and exponential growth in business.

    KPMG Six Sigma in the finance circuit helps to reduce costs by inducing concepts like LIFO
    (Last in first out) and FIFO (First in First Out) ,these concepts assist in monetizing budget
    towards any project in operations is able to boost project completion with adequate resources
    and supplies under given point of time.

    KPMG Six Sigma concepts are especially helpful in banking service; an insurance company
    where its all about improving customer relationships, company loyalty among
    shareholders, its important that all processes run as efficiently as possible,above all six
    sigma certification improves bottom line business.
    KPMG Six Sigma has a proven record in mutual fund with its systematic data-driven
    approach that works across most processes, products and industries. Finally, top business
    heads, executives and managers across the global financial services industry are catching on-
    and catching up-to what the worlds most successful programme of KPMG Six Sigma.

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