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Financial Flow Chart Excel

Weekly Cash Flow Worksheet Financial Chart Excel

By Miles Bird on December 30 2018 08:52:29

One of the best things about systems is that they can be easily reduced to a graphical representation. You do not need to read about the processes and logically assemble them in your mind; you can look at a flowchart and "see" how the whole thing operates. A good flowchart is worth several times its weight in gold in the world of systems. It clarifies the system. It communicates processes to those who need to understand them. It provides an instantly interpretable and adjustable road map that allows for systems review and improvement.

A bad flowchart, on the other hand, can be an unmitigated disaster. When the visual version of your system is incorrectly assembled, it can lead to a slew of problems. Those involved in carrying out its steps may misread or misunderstand their responsibilities. A bad chart may make it harder to spot serious planning flaws. Weak efforts make it more difficult to hone systems for maximum effectiveness.

Business processes are diagrammed through the use of flow charts. These charts are not just for businesses, normally, it could also be used in different processes including the programming languages systems, management systems, decision-support system, etc. These flow charts are perfectly useful in keeping the manager or head and the members of the organization aware of what is to be done every now and then. Flow charts may vary according to what kind of process is being done in a company; and of course, in a flow chart, there would be different groups that will be working to form a whole system.

Flow Inconsistency. Every flowchart needs to move in the right direction. Two conventions determine the proper direction of flow. Either you move from top-to-bottom or you move from right-to-left. When a flowchart features elements that are moving in different directions, interpretation can become very confusing. Violating the norms also makes it more difficult for people to get a grip on your system even if you are consistently moving in the wrong direction.

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