^The APQC Blog

Process mapping is one of the ways organizations can document and understand their processes. 

Waiting until the last minute to start year-end closing can add to the already stressful process. By performing pre-close activities throughout the year, accounting teams can ensure a faster and easier cycle time and alleviate some of the year-end pressure. 

Every year, we conduct a survey of process professionals to understand the current priorities and challenges they expect to face in the coming year.

Throughout the past few years, we’ve heard organizational action verbs such as "pivot" and "adapt", but what do they really mean when people are involved?

Completing the annual budget in a short time goes a long way in saving time and money across the organization.

APQC research shows that procurement is changing for the better with its strategic objectives. While in the past the focus was on cost savings, now there’s also an emphasis on avoiding supply disruption.

Whether you are starting a new knowledge management (KM) program in 2024 or continuing to evolve and expand an existing program, it is critical to have a documented KM strategy.

APQC defines end-to-end processes (E2E) as “cross-functional processes that comprise all the steps to accomplish a specific outcome or goal”. Some common workplace examples are order-to-cash, hire-to-retire, and idea-to-market. 

In the current market, the increasing importance of Environmental, Social, and Governance (ESG) is primarily influenced by new regulations and customers' ever evolving expectations.

As the year draws to a close, it gives us all a little time to stop and reflect on how the current year went; what we would like to change or continue in 2024.