Efficiency. The Power of Process Mapping!
Last time, I explored the evaluation of business processes, prompting a common question from firms: How do we practically implement this?
The solution: SMSF Outsourcing Process Mapping.
SMSF Outsourcing Process Mapping entails visually representing the workflow, aiding in close examination and decision-making. It identifies strengths, weaknesses, and individual step contributions, reducing time and work-related issues.
Key Reasons for SMSF Outsourcing Process Mapping:
Visual Guidance: Graphs, charts, tables, and images offer superior guidance over extensive reports.
Facilitates Improvements: Easily identifies areas like bottlenecks and delays, enhancing efficiency.
Speeds Decision Making: Focuses on 'show me' rather than 'tell me,' expediting the resolution of problem areas.
Critical Components of SMSF Outsourcing Process Mapping:
Inputs, outputs, and steps illustrate the flow and interaction within the accountancy firm.
Utilizes common language (symbols) for universal understanding.
Comprehensive detailing of multiple paths, decisions, and rework loops for an ideal map.
Streamlining accounting processes involves moving "non-core" work down the chain, ideally to offshore or capable administration staff. The aim is to have information and templates prepared before an accountant engages, optimizing efficiency.
Practical Steps for SMSF Outsourcing Process Mapping:
Gather your team and enjoy lunch while using sticky notes to map out your workflow.
This enjoyable and valuable exercise takes just a few lunch sessions, significantly enhancing your work processes.
Contact Kane at kane@activeoutsourcing.com.au for "best practice" SMSF Outsourcing process maps tailored for accountancy firms.
Kane, with 15 years of full-time outsourcing experience, shares insights from starting the outsourcing team at Moore Stephens and managing the National Deloitte Outsourcing team in Australia. For more on outsourcing and accountancy, post your questions, and let's continue the conversation!
Learn more at Active Outsourcing: www.activeoutsourcing.com.au