Budget Management and Optimization
Provide efficient and effective means to budget management based on your needs
- Review of all relevant legislation, by-laws, contracts/agreements to determine commitments/restrictions that may impact Budget Optimization.
- Complete analysis of up to 10 years of historical data and develop a budget forecast model.
- Review purchasing methods and processes.
- Identifies trends.
- Recommendations for revenue opportunities.
- Recommendations for reduced expenditures.
- Train staff on budget tools.
- Ensure all organizational deadlines are met for review and approval.
THE QUESTION TO ASK
"Are we operating our budget as efficiently as we can and what opportunities exist to increase the bottom line to reinvest in the organization?"
PAC provides a holistic approach to budget management. PAC will start with your purchasing practices and how they impact the overall bottom line. PAC will evaluate revenue sources and opportunities to increase these resources to create efficiency and accountability within your operation.
Strategic Planning & Facilitation
Arm your organization with an achievable path forward
PAC offers strategic planning services unique to each organization. PAC approaches this process as if you were developing or updating your business plan there is no one size fits all to strategic planning.
The question to ask
"How can we achieve our vision and create consensus?"
PAC will work with you and your team to define and build consensus on what you hope to achieve with realistic actionable objectives.
Operational Assessments
PROVIDE CONTINUOUS IMPROVEMENT AND EMPLOYEE INCLUSION
- History of services and why they are provided.
- Includes Organizational chart.
- Includes external customer list.
- Includes Current Budget Resources.
- Includes Current workflow.
- Define how services are currently communicated/marketed.
- Includes SWOT analysis through workshop sessions.
- Perform local to global environmental scan through brainstorming sessions.
- Explores enhancements needed to provide future services.
- Includes Policy and Procedure Development based on industry best practices.
The question to ask
"Why do we do what we do and is there an opportunity for improvement?"
PAC will provide a collaborative approach to capture institutional knowledge and spur employee collaboration by creating
horizontal alignment through historical and future enhancement service development.
Contract Administration
Initial procurement cycle through final purchase or project close out
This service is offered at many levels depending on the needs of the organization. Here are some of the services within contract administration we offer.
Contract Administration
- Turnkey RFP process.
- Memorandums of Understanding (MOU).
- Contract Inventory to provide a process for renewals, bid dates and review board approval.
- Communication planning for new and/or improved services.
- Cooperative Purchasing Opportunities.
Purchasing Policy and Procedure Development.
Purchasing Process Training.
Purchasing Workflow development.
Recommendations on Contracts to sunset and/or Contracts to put in place to better serve the organization.
The question to ask
"What do my contract terms require as deliverables and are they still valid and being enforced?"
The number one improvement that PAC has found through Budget Optimization and Operational Assessment is the need for improved Contract Administration.