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dc.rights.licenseAll rights reserveden_US
dc.contributor.advisorCruzado Vélez, Héctor J.
dc.contributor.authorGalí Velázquez, Daniel
dc.date.accessioned2024-04-23T19:58:31Z
dc.date.available2024-04-23T19:58:31Z
dc.date.issued2018
dc.identifier.citationGalí Velázquez, D. (2018). Reducing the Lead-Time of the End of Month Financial Closing Process [Unpublished manuscript]. Graduate School, Polytechnic University of Puerto Rico.en_US
dc.identifier.urihttp://hdl.handle.net/20.500.12475/2456
dc.descriptionDesign Project Article for the Graduate Programs at Polytechnic University of Puerto Ricoen_US
dc.description.abstractThe end of month financial closing process is a time consuming and challenging task for most organizations. Being able to minimize the amount of time invested during the end of month closing process, and instead have the accounting department dedicated to more value add activities, is a priority across all types of industries. The methodology of DMAIC (Define, Measure, Analyze, Improve and Control) was used to reduce the lead-time of the end of month process in a Pharmacy Benefit Management company. It was found that by standardizing the data gathering process and establishing a more robust procurement process, the lead-time was reduced by 25%. Key Terms ⎯ Cycle time, Instant close, Lean, Six Sigma.en_US
dc.language.isoenen_US
dc.publisherPolytechnic University of Puerto Ricoen_US
dc.relation.ispartofManagement;
dc.relation.ispartofseriesSpring-2018;
dc.relation.haspartSan Juanen_US
dc.subject.lcshPolytechnic University of Puerto Rico--Graduate students--Researchen_US
dc.subject.lcshPolytechnic University of Puerto Rico--Subject headings--Unassigneden_US
dc.subject.lcshPolytechnic University of Puerto Rico--Graduate students--Postersen_US
dc.subject.lcshPolytechnic University of Puerto Rico--Graduate School--Master in Engineering Management degreeen_US
dc.titleReducing the Lead-Time of the End of Month Financial Closing Processen_US
dc.typePosteren_US
dc.rights.holderPolytechnic University of Puerto Rico, Graduate Schoolen_US


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    Articulos y Carteles de investigación (Poster): Ingeniería Gerencial (MEM) [San Juan, INTEC], Gerencia Ambiental (MEnvM) y Administración de Empresas (MBA)

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