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Prediction: 2005 Will Be the Year of Six Sigma

Quality Digest
Tue, 01/18/2005 - 22:00
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Aceva Technologies Inc. recently predicted that 2005 will see Six Sigma expand across enterprises and be accepted as the gold standard in process improvement. The prediction is part of Aceva’s annual business trend report. “2005 will be the year where Six Sigma will become a standard of measure in quality and efficiency within finance and accounting departments,” reads the report. “Best practices focusing on Six Sigma have moved out of the manufacturing function into optimizing other parts of the organization, and the opportunities around quote-to-cash are substantial.”

Other predictions include the dramatically expanded used and acceptance of Sarbanes-Oxley requirements for auditing and process documentation, the implementation of real-time monitoring technology to track transaction and finance data, and an increase in outsourcing finance and accounting needs.

For more information, visit www.aceva.com.

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