I recently wrote this blog for a client who provides technology and services that simplify, streamline, and accelerate core business processes. The article addresses workflow and end-of-month volume peaks and it is applicable to business of all sizes and shapes.
“We’re all familiar with the ever popular Pareto Principle reference…also commonly referred to as the 80-20 rule. The principle states that roughly 80% of the effects come from 20% of the causes. When it comes to closing monthly cycles of business in the leasing and equipment finance industry, it’s not uncommon for companies to close nearly 80% of their monthly business in the last 20% of the month!….” read more……..