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    Scott Kenney

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    What One Quality Makes Your Business Standout?

    Posted by Scott Kenney on Apr 24, 2017 9:37:00 AM

    “The customer rarely buys what the business thinks it sells him.”

    - Peter Drucker

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    Topics: Strategic Planning, cpa, dayton cpa, cincinnati cpa

    Fixing Accounts Payable

    Posted by Scott Kenney on Nov 2, 2015 9:55:44 AM

    Despite all the automation technology on the market today, one department that I consistently see falling behind the automation curve is Accounts Payable (AP).  I am surprised at the number of otherwise well run businesses that still have a large clerical staff routing and hand keying paper invoices.  AP may not seem the like the most obvious place to look for your next strategic process improvement initiative, but can provide high returns especially if it enables you to take advantage of those attractive early pay discounts.

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    Avoiding the Monthly Financial Close Time Crunch

    Posted by Scott Kenney on Jul 29, 2015 9:41:00 AM

    see a common theme among my clients’ accounting departments. There is a frantic time crunch during the first week of the month to close out the previous month’s financials. This not only creates stress and frustration, it also creates staffing issues. Many accounting departments are faced with the dilemma of either being adequately staffed at the beginning of the month and overstaffed at the end of the month, or being understaffed at the beginning of the month and adequately staffed at the end of the month. Either scenario has definitive drawbacks including staffing budget balance, inability to meet timelines, employee exhaustion/boredom, etc.

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    Can technology alone fix a broken process?

    Posted by Scott Kenney on Apr 10, 2015 10:30:00 AM

    “The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” -Bill Gates

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    Topics: Strategic Planning

    What is the cost of change?

    Posted by Scott Kenney on Apr 3, 2015 4:00:00 PM

    “Willingness to change is a strength, even if it means plunging part of the company into total confusionfor a while.” – Jack Welch

    Change can be uncomfortable and expensive. However, change is not nearly as costly as falling behind. Some companies are fine with developing a product and a process that is profitable now and riding it out until they become obsolete. If this is not you, and you want your business to remain relevant and ahead of the curve, change is necessary.

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    Topics: Strategic Planning

    The Value of an Idea

    Posted by Scott Kenney on Mar 20, 2015 1:50:00 PM

    “The value of an idea lies in the using of it.”– Thomas Edison

    How many potentially great ideas have you had during your career that you have left unpursued? Have you ever had an idea that you didn’t go after just to see a colleague or competitor implement something similar soon after?

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    Topics: Strategic Planning