Modern Middle Manager
Primarily my musings on the practical application of technology and management principles at a financial services company.
The First Big Project of the Year

Sunday, January 23, 2005  

We're going to automate the entire process our sister 1031 exchange division has for creating and liquidating accounts. That division already has the workflow software, our company does the accounting and produces bank statements and another division perfoms daily reconciliation. Starting this Wednesday, all of those needs get addressed by the three divisions. Within 6 months, we will integrate all of this software and reduce the man-hours it takes to perform 1031 transactions almost in half. Throughout the entire enterprise. Naturally, our division will take a little part of the deposits to pay for it.

Sometimes companies try to move so fast that they have to scale up in a ridiculous amount of time, costing great sums of money. Sometimes they move so slow that opportunities are missed and potential sales lost. We've hit the sweet spot where everyone's ready for this...and it's going to be a great winner all around.

This is the kind of stuff I love to see!

posted by Henry Jenkins | 1/23/2005 08:45:00 PM

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