In my last accountancy role, I noticed that the way we did our monthly purchase ledger was very long-winded and took too much of everyone’s time. Given that there was a long gap between transactions being logged, it also introduced financial errors. I decided to implement a new procedure, which made individual staff accountable for entering their own transactions, which they were asked to do once a week. This new process both reduced the amount of errors balancing the books, and freed up more time in the finance department, all within the first month.