Improvement of the accounts payable process through implementation of cut-off schedule

• Main Author: Paray, Michelle E.
• Format: text
• Language: English
• Published: Animo Repository 2017
• Subjects: Organizational change; Industrial productivity
• Online Access: https://animorepository.dlsu.edu.ph/etd_masteral/5735
• Institution: De La Salle University

This action research paper addresses the significance of process improvements in every company particularly to the departments. The inefficiency and non-productivity of a team affects its entire performance. More often than not, efficiency and productivity are linked to operations but a realization has been arrived at that these words are also associated to every single department in the company be it in support functions such as Finance. More so, having a defined process or procedure is a helpful tool to a company especially to those who have limited number of employees doing several tasks. The approaches used in this action research are combination of both Action Research Methodology and Cooperative Inquiry. Meanwhile, the Value Chain Framework serves as its main theoretical framework that led the insider action researcher and her co-researchers to address the issue and come up with the solutions. The importance of understanding the links between the organization and its processes is likewise a key in attaining the company's over-all goals.