Finance
The time required to produce and provide up-to-date financial information to the City Council and citizens was significantly reduced from 25 days to 6.7 daysâa 73% reduction!
In the fast-paced world of financial services, ensuring accuracy and customer satisfaction is crucial. At this global Fortune 500 company, a challenge arose in the Sales Department: reducing invoice defects.
Tysonâs Black Belt Project focused on reducing underwriting package defects. By using a Fishbone Diagram the team was able to test out their suspected root causes, which ultimately led them to the âah-haâ moment of neither being statistically significant!
Imagine trying to run an expanding business while not having an accurate analysis of the revenue and expenses. Thatâs the problem Rhea Health was facing month-to-month. An Oklahoma business started in 2006 and growing rapidly, Rhea Health provides workforce management health services to help companies promote safe, healthy, and productive work environments.
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