Blogs for better business
Here you’ll find the tools, tips & resources you need to cut through the clutter so you can make better informed business decisions.
The LEAN finance function
Without a robust and efficient finance system, you won’t have the data needed to make critical decisions, manage cash flow, or fuel growth. In this post we share 3 steps to improve your finance function efficiency.
Eliminating Waste - unlocking opportunity
Understanding the 8 wastes of Lean and the often-overlooked 9th waste, Legacy, can help you to unlock new opportunities to transform your business’s efficiency.
3 Automation Opportunities for Professional Services Businesses
What’s next on your automation list? Here we share three easy-to-implement automation opportunities tailored for professional services businesses, along with real-world examples to illustrate their impact.
Data-Driven Decision Making: A Comprehensive Guide for Business Owners
For many business owners, navigating the realm of data can be overwhelming. In this guide, we explore what data-driven decision making truly entails, provide real-world examples, and offer actionable steps for implementation.
Kaizen: The Path to Sustainable Growth and Continuous Improvement
Kaizen is a Japanese term that translates to "change for the better" or "continuous improvement." Kaizen is a way of thinking that permeates every aspect of an organization. In this blog post, we explore the essence of Kaizen and how it can pave the way for sustainable growth and continuous improvement in your business.
Navigating Tech Adoption: 5 Key Considerations for Business Owners
While the promise of increased efficiency and innovation is appealing, it's essential to approach tech adoption with careful consideration. Here are five key factors to weigh before integrating new technology into your business.
Swift Efficiency Boosts: 7 Bite-Sized Wins for Your Business
In the hustle and bustle of year-end activities, implementing quick and straightforward efficiency improvements can make a significant impact on your business. Here are seven bite-sized efficiency wins that you can put into action before you switch on your out of office for the festive season.
5 ways to manage and improve operational efficiency
Once you’ve set your sites on improving efficiency, and perhaps implemented one or two key projects to give your efficiency a boost, how do you keep the momentum going? Here are our top 5 tips to embed ongoing operational efficiency improvement in your business.
Measuring Operational Efficiency with KPIs
Implementing process improvements is only one part of the puzzle when it comes to unlocking operational efficiency. In this post we discuss some possible KPIs you can track to help you understand if your efficiency efforts or projects are making an impact.
4 keys to unlocking operational efficiency for your business
Operational efficiency is the art of doing more with less. In this post we take a look at the 4 key components of operational efficiency and explore how these lay the foundation for improving your business for the better.
Case Study: Transforming Financial Efficiency - A High-Performance Race Car's Engine and Pit Crew
Just as a high-performance racing car relies on its engine and pit crew, your business depends on a finely-tuned finance function and robust accounting platform. In this project we helped a client revamp their systems and processes, implementing solutions that would save them over 15 hours per week and future proof their finance function.
The Power of Process Mapping: Your Guide to Identifying Bottlenecks and Boosting Efficiency
Have you recently paused to consider the inner workings of your business processes? With the world around us changing rapidly, chances are your processes and systems might need to adapt too. Read more about how you can use process mapping to help you spot improvement opportunities, identify bottlenecks, streamline workflows, and drive operational efficiency, and download a free template to map out your key business processes.
5 Easy Operational Efficiency Wins for Professional Service Businesses
In this post we share 5 easy operational efficiency wins for your professional services business that will elevate productivity, delight clients, and drive business success.
The High-Performance Accounting Platform - 4 reasons why it might be time to make a change
Just as a high-performance race car relies on a well-tuned engine and an expert pit crew for success, a business thrives when powered by a robust accounting platform and efficient finance function. Here are four key reasons you might consider making a change to your accounting platform in the pursuit of better performance.
5 things to think about before switching accounting platforms
Regardless of which platform you’re currently on, the decision to transition your accounting platform is a significant one that can impact your business operations and financial management. In this blog we explore some of the essential factors you should consider before making the switch.
EOFY Strategic Action List
Use this strategic actions list to help you review and reset your business goals. If you have a team behind you, it’s good to run this exercise with them for all or some of these items.
A simple framework for prioritising improvement projects
When the to-do list just seems to be getting longer it can be hard to know where to start. This simple framework can be used to help you prioritise improvement projects at work or home!
5 Pro Tips to Supercharge Your Trello Productivity
Definitely one of our favourite apps in the acumin.io toolbox, Trello is a popular project management tool that is known for its intuitive interface and visual organization. Here we share some of the other reasons why we love Trello and five pro tips to supercharge your use of the platform.
5 Reasons Why Implementing a Financial Budget Is Critical for Business Success
Financial management is an essential aspect of running any business, regardless of its size or industry. In this blog post, we will explore the importance of implementing a financial budget for your business.
Better bookkeeping thanks to a Xero health check
We worked with the client and their external bookkeeper to conduct a broad review of their online cloud accounting system, Xero, and implemented a number of solutions to get over 300 transactions reconciled accurately, implementing automations and rules to eliminate the administrative burden moving forward.