Finance and Accounting function outsourcing analysis
|
|
- Adele Burke
- 5 years ago
- Views:
Transcription
1 Finance and Accounting function outsourcing analysis TPG Advisory Practice srl BB&TP, Building A2, 1 st Floor, Bucuresti-Ploiesti St., Sector 1, Bucharest, , Romania Phone: +40 (0) /71 Fax: +40 (0)
2 Contents Today s realities..3 Major global trends in the finance and accounting (F&A) function.6 Why do companies outsource?...9 What do companies outsource?...12 Insights from 2012 global outsourcing survey...17 How TPG can help you?...23
3 Today s realities 3
4 Today s realities (1/2) Finance functions are under significant pressure to drive productivity improvements and maximize the ROI of the organization s resources and capabilities. Demands Investors Company Strategy Internal Customers Competitive Pressures Trends Impacting Finance Functions Business Performance Management and Predictability Cost Focus Risk Management Earnings Transparency Adaptability Regulators Value of Finance Cost of Finance = Finance ROI 4
5 Today s realities (2/2) Having a clear vision of how finance and accounting function should support the business is critical Current view Aspirational Business insight (decision support) Compliance & Control Efficiency 5
6 Major global trends in the finance and accounting function 6
7 Trends in F&A Function (1/2) What should be within Finance and Accounting? Finance and Accounting (F&A) account for business activity as opposed to undertaking it - but it should be process focused rather than create transactions. F&A support decision making but is not the decision maker. F&A focuses the business on long term profitability and shareholder value - but the business is responsible for making it happen. Decision Support Transaction Processing CFO Decision Support embedded in business Specialist expertise (Tax & Treasury) Transaction Processing What are the main trends? (outsourced, Shared Service Centre) Smaller finance and accounting function (cost of Finance Function moving towards 0.4% of revenue) Shifting emphases from 75% Transaction Processing and 25% Decision Support, to 25% Transaction Processing and 75% Decision Support. Decentralise Decision Support and integrate with business team. Create shared services or outsource transaction processing. Create centre of excellence for tax and treasury. Organise around the processes and outcomes: Revenue Cycle Expenditure Cycle General Accounting and Reporting Profitability and Cost Management Tax management Treasury Management 7
8 Trends in F&A Function (2/2) Smaller Finance Function challenging against best practices. According to the best practices, companies which incur high revenues, operate the finance and accounting function at a cost that is only a small percent from the revenue and require up to seven times fewer full time equivalent staff (FTEs) within the finance function than an organisation with smaller revenues. Focus on value creation and business performance enhancement: focus finance on its internal business customers. develop business analysis and communication skills. Strengthen role in shareholder value creation and decision support. The major elements include: lead the organisation in developing a shareholder value in decision making. build business adviser relationships with the business units. provide additional decision support capacity within treasury and tax to capitalise on their high impact on shareholder value. build stronger linkages between treasury and tax. support a centralised financial strategy capability seeking internal and external major opportunities. Strengthen control of policy and standards through: deliver greater control of policies and standards. provide stronger control over balance sheet assets. centralise business planning cycle to ensure consistency of planning. control standard cost concepts, tax and treasury. 8
9 Why do companies outsource? 9
10 Benefits of outsourcing (1/2) Strategic Focus on core competencies Better morale Defined service standards Generates shareholder value: - Up-front premium - Cost reduction - Economies of scale - Fixed to variable cost - Release of capital Financial Scaleable platforms Facilitates greater systems development and infrastructure upgrades Technological 10
11 Benefits of outsourcing (2/2) Outsourcing finance and accounting function plays a central role in the business transformation: Catalyst for change Source of skills : Transformation and other specialist skills Secure existing skills Delivery of financial benefits : Deliver lower cost base Share / pass on attrition risk Secure investment commitment Share / mitigate one off costs Secure underwritten economics 11
12 What do companies outsource? 12
13 It Depends... Company Risk Profile Strategic Aims & Objectives Prior Exposure to Outsourcing 13
14 Light Option Only low risk, manually intensive, transactional processes are considered for outsourcing. Typically Includes: Transaction management functions such us order-to cash, purchase-to-pay, etc. 14
15 Regular Option Extended scope of processes considered for outsourcing including reporting and compliance functions. Light Option + Business risk functions such us treasury and tax. 15
16 Deluxe Option All finance sub processes below CFO and core strategic functions are eligible for outsourcing. Regular Option + Business support functions such us management reporting, planning &forecasting etc. 16
17 Insights from 2012 global outsourcing survey 17
18 Which option best describes your company s current and future sourcing plan for the following business functions? The expected future state of all business functions shows an increase in outsourcing. Finance and Human Resources functions are expecting the largest percentage increase in outsourcing activity. Information Technology led all functions categories with a combined 76% of respondents partially outsourcing the function. Information Technology Operations Finance Huma Resources Legal Real Estate/Facilities Procurement Sales/Marketing support 42% 37% 30% 40% 32% 24% 12% 11% 12% 76% 5% 11% 16% 16% 2% 9% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% Currently uses outsourcing Expected future increase in outsourcing Source: Outsourcing, today and tomorrow-insights from Deloitte s 2012 global outsourcing and insourcing survey 18
19 What factors/components do you feel are most critical to a successful outsourcing relationship? The ability to partner and clearly communicate expectations are the most important success factors to respondents. A spirit of partnership between client and service provider company Well engineered service level agreement Strong joint client/service provider company governance of the agreement 9% 15% 49% 14% 34% 15% Contracts and the joint Consistent client and service provider 7% company communications client/outsourcing company management team are 8% generally seen as somewhat important, but ineffective without the other key components. Detailed contract terms and conditions A strong account management team of the service provider company A strong internal management team of the 5% 6% service provider company 10% 10% 7% 9% 0% 10% 20% 30% 40% 50% 60% 70% Vey important Important Source: Outsourcing, today and tomorrow-insights from Deloitte s 2012 global outsourcing and insourcing survey 19
20 How effective is the management of your outsourcing service provider company organization/function in meeting the following objectives? While most respondents believe their internal organizations are competent across all dimensions, several areas stand out for improvement. Generally, the management of the outsourcing services providers organizations are viewed as being effective at transactional services, but fell short when it came to more strategic, advisory services. Ensure invoicing accuracy Perform necessary financial planning Maintain an independent and unbiased approach to service providers Proactively management issues, risks and disputes Ensure service providers' adherence to commitments Control scope through structured processes Manage successful completion of transition Build service provider governance processes and controls Effectively improve collaboration and reduce conflict of interest among service providers Ensure improvement by implementing industry leading practices Ensure service providers meet process improvement and innovation expectations 41% 32% 51% 49% 43% 58% 56% 55% 55% 54% 66% 39% 48% 42% 48% 33% 37% 34% 37% 38% 44% 31% 11% 20% 20% 9% 7% 8% 8% 4% 10% 9% 3% 0% 20% 40% 60% 80% 100% 120% Effective Somewhat effective Not effective Source: Outsourcing, today and tomorrow-insights from Deloitte s 2012 global outsourcing and insourcing survey 20
21 What were the objectives of your most recent outsourcing initiative? Reduce operation costs 62% 25% 40% 35% 37% 33% Improve customer service 42% 31% 30% 29% Gain competitive advantage 20% 29% 25% 25% Gain tax advantages Leverage new technologies 20% 17% 23% 25% 20% 15% 17% 19% Desire to consolidate Access more flexible HR models Improve controls 17% 25% 11% 42% 4% 10% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Very important Important 10% 5% 0% 0%-10% 11%-20% 21%-30% 31%-40% Greater than 40% Anticipated 9% 4% Achieved 10% 9% 1% 6% Costs actually increased Reduce operating costs is chosen as very important by the most respondents. The next important factor is improved customer service, demonstrating there are more drivers to outsourcing than just cost reduction. Overall, actual cost reductions through the most recent outsourcing experience are lower than expected with 53% of respondents anticipating significant savings (greater than 10% cost reduction), while only 42% experienced significant cost reductions. Source: Outsourcing, today and tomorrow-insights from Deloitte s 2012 global outsourcing and insourcing survey 21
22 Did the most recent outsourcing experience live up expectations? 7% Vendor underestimated scope/effort Lack of service level attainment Sub-par vendor performance 38% 52% 48% Extremely satisfied 16% Lack of timely project/service request execution 29% Neutral Sub-par vendor resources 24% Dissatisfied Satisfied 69% 23% Lack of business case attainment Attrition of key resources 24% 24% Lack of vendor innovation 24% Lack of vendor knowledge of my business 24% 0% 10% 20% 30% 40% 50% 60% Most respondents (76%) are either extremely satisfied or satisfied with their most recent outsourcing initiatives Underestimating scope is the most often reported problem with most recent deals, followed by outsourcing service providers being unable to meet service levels. Source: Outsourcing, today and tomorrow-insights from Deloitte s 2012 global outsourcing and insourcing survey 22
23 How TPG can help you? 23
24 TPG provides a holistic view of benefits derived from F&A outsourcing Promote a holistic view of outsourcing benefits, which includes base costs plus better practices and accounting and finance management Main cost of the finance and accounting function: Employees cost Processing cost F&A applications IT infrastructure Facilities Telephony Better accounting and financial practices. Quantifying the additional business benefits, for example: Avoiding duplicate invoice payments. Collection and applying cash more efficiently. Capitalizing on negotiated discounts. 24
25 TPG can provide professional accounting and finance services for F&A processes Key Phase I Phase II Phase III Overall finance function Functions Processes Sub-processes Transaction management Business support Order-to-cash Purchase-to-pay Payroll and personnel administration Record-to-report Performance management Order entry - billing Accounts receivable Credit & collections Inventory accounting Purchasing Accounts payable Settlement of payables Payroll Benefits administration Financial reporting Intercompany accounting Management reporting Planning & forecasting Business and KPI analysis TPG offers cross-functional processes for free which can ensure a smooth outsourcing and high quality services: - Finance and accounting procedures and controls aligned with global best practices. - Adequate systems and tools. Business risk Tax Fixed asset accounting Statutory compliance Strategy & planning Market risk - Highly specialized personnel. Treasury Liquidity risk Bank relationship management Settlement, accounting & reporting 25
26 Thank you! TPG Advisory Practice srl BB&TP, Building A2, 1 st Floor, Bucuresti-Ploiesti St., Sector 1, Bucharest, , Romania Phone: +40 (0) /71 Fax: +40 (0)
Global vision, Unified solutions
Global vision, Unified solutions Thomson Reuters provides trusted answers to help you manage today s transfer pricing risks while preparing for tomorrow s possibilities. 2 Thomson Reuters ONESOURCE Transfer
More informationGlobal Sourcing Market Update: October, 2007 Preview Deck Topic: Bank of the Future The Emerging Operating Model
Global Sourcing Market Update: October, 2007 Preview Deck Topic: Bank of the Future The Emerging Operating Model Copyright 2007, Everest Global, Inc. Industry trends are transforming the operating models
More informationForward Looking Statements
Forward Looking Statements All of the information presented that is not historical in nature should be considered to be forward-looking statements that are subject to certain risks, uncertainties or assumptions
More informationOutsourcing: Building Successful Strategies
Global Banking Symposium 2006 Outsourcing: Building Successful Strategies John Hunter June 8, 2006 What is outsourcing? Model Outsourcing Private Labeling Correspondent Relationship Definition Transfers
More informationTECHNICAL DAYS, APRIL 2017 ABB Plant Fingerprint Assessment Optimizing Operations. Fernando Tobar, Country Service Manager
TECHNICAL DAYS, APRIL 2017 ABB Plant Fingerprint Assessment Optimizing Operations Fernando Tobar, Country Service Manager ABB Plant Fingerprint What It is? Collaborative process to understand your value
More informationRisky Business: Organizational Effectiveness at Managing Risk of Outsourced Projects
Risky Business: Organizational Effectiveness at Managing Risk of Outsourced Projects The following are among the highlights of a global survey conducted among more than 600 project, program, department,
More informationIndia Salary Benchmark 2018
India Salary Benchmark 2 Contents Market Insights 4 Sales & Marketing Insights 5 6 Finance & Accounting Insights 11 12 Human Resources Insights 14 15 Legal Insights 17 18 Technology Insights 19 20 Digital
More informationCurrent Trends in Business Process Outsourcing
Current Trends in Business Process Outsourcing December 2016 in association with Silver Partner Contents Executive Summary... 3 The Research... 5 What is your biggest customer service challenge?... 8 The
More informationHeritage Grants - Receiving a grant. Mentoring and monitoring; Permission to Start; and Grant payment
Heritage Grants - Receiving a grant Mentoring and monitoring; Permission to Start; and September 2017 1 Introduction... 2 Filling in forms... 2 Before Starting... 2 Reporting on progress... 3 Mentoring
More informationTHE RFP PROCESS: STEPS FOR GETTING THE MOST ACCURATE BIDS
THE RFP PROCESS: STEPS FOR GETTING THE MOST ACCURATE BIDS Hospital based physician (HBP) services including Anesthesia, Emergency Department, Hospitalists, Pediatric Services and Radiology, are vitally
More informationWhen Recognition Matters WHITEPAPER ISO 37500:2014 HOW A PECB CERTIFIED OUTSOURCING MANAGER CERTIFICATION CAN BENEFIT YOUR ORGANIZATION.
When Recognition Matters WHITEPAPER ISO 37500:2014 HOW A PECB CERTIFIED OUTSOURCING MANAGER CERTIFICATION CAN BENEFIT YOUR ORGANIZATION www.pecb.com CONTENT 3 4 4 5 5 5 8 8 Introduction What s more Why
More informationAMN Healthcare Investor Presentation
AMN Healthcare Investor Presentation August 2016 The Innovator in Healthcare Workforce Solutions and Staffing Services Forward-Looking Statements This investor presentation contains forwardlooking statements
More informationAdvancing Accountability
Advancing Accountability BEST PRACTICES IN CONTRACT AND GRANT MANAGEMENT FLORIDA DEPARTMENT OF FINANCIAL SERVICES 1 Intro & Housekeeping Introduction of instructors Housekeeping Class history Class material
More informationIntegrated Offshore Outsourcing Solution
Integrated Offshore Outsourcing Solution Continuous improvement, productivity and innovation through consolidation of Business Process and IT outsourcing Krishnan Narayanan and Jacob Varghese Introduction
More information2017/18 Fee and Access Plan Application
2017/18 Fee and Access Plan Application Annex Ai Institution Applicant name: Applicant address: Main contact Alternate contact Contact name: Job title: Telephone number: Email address: Fee and access plan
More informationStatement of Owner Expectations NSW TAFE COMMISSION (TAFE NSW)
Statement of Owner Expectations NSW TAFE COMMISSION (TAFE NSW) August 2013 Foreword The NSW Government s top priority is to restore economic growth throughout the State. If we want industries and businesses
More informationAMN Healthcare Investor Presentation
AMN Healthcare Investor Presentation November 2016 The Innovator in Healthcare Workforce Solutions and Staffing Services Forward-Looking Statements This investor presentation contains forwardlooking statements
More informationPilot Study: Optimum Refresh Cycle and Method for Desktop Outsourcing
Intel Business Center Case Study Business Intelligence Pilot Study: Optimum Refresh Cycle and Method for Desktop Outsourcing SOLUTION SUMMARY The Challenge IT organizations working with reduced budgets
More informationSTRATEGIC PERSPECTIVE OF INFORMATION SYSTEMS OUTSOURCING
STRATEGIC PERSPECTIVE OF INFORMATION SYSTEMS OUTSOURCING CURETEANU Radu, LILE Ramona Aurel Vlaicu University Arad rcureteanu@uav.ro, ramonalile@yahoo.com Key words: Strategic alliances, Management process,
More informationThe R&D tax credit regime. 18 February 2014
The R&D tax credit regime 18 February 2014 Agenda Page 1 The R&D incentive in the current environment Overview of the R&D regime The science test The accounting test Overview of documentation requirements
More informationGrowth in older people
Agenda 1. Why create an Integrated Care Organisation (ICO)? 2. NHS vs Local Authority 3. Salford Together 4. Integrated Care Organisation 5. The Financial Negotiation 2 Why integration? -Number of people
More information2016/ /19 SERVICE PLAN
BC Clinical and Support Services Society 2016/17 2018/19 SERVICE PLAN August 2016 BCCSS For more information on the BC Clinical and Support Services Society see Contact Information on Page 14 or contact:
More informationAMN Healthcare Investor Presentation
AMN Healthcare Investor Presentation September 2017 The Innovator in Healthcare Workforce Solutions and Staffing Services Forward-Looking Statements This investor presentation contains forwardlooking statements
More informationRural Regeneration and Development Fund
Rural Regeneration and Development Fund Scheme Outline and Information Booklet Rural Regeneration and Development Fund Background Project Ireland 2040, which was launched on 16th February 2018, is the
More informationGlobal Business Services Better together
Global Business Services Better together What is Global Business leaders are recognising the benefits of leveraging shared services and outsourcing consistently across multiple functions and regions. Organisations
More informationDeloitte Consulting LLP. Comprehensive workplace transformation How enhanced mobility can drive federal cost savings
Deloitte Consulting LLP Comprehensive workplace transformation How enhanced mobility can drive federal cost savings Just as the concept of the alternative workplace keeps evolving, there is no one solution
More informationLeading Consulting Fee Schedule 2017
Leading Consulting Fee Schedule 2017 CONSULTING SERVICES AND PRICING DIEGO GONZALEZ HERNANDEZ LEADING CITIES www.leadingcities.org Initial Partnership Goals & Needs Assessment: $2,500 Leading Consulting
More informationWHITE PAPER. The four big waves of contact center technology: From Insourcing Technology to Transformational Customer Experience.
WHITE PAPER The four big waves of contact center technology: From Insourcing Technology to Transformational Customer Experience www.servion.com Abstract Contact Centers (CC) are one of the most critical
More informationKforce Inc. J.P. Morgan Ultimate Services Investor Conference November 14, 2017
Kforce Inc. J.P. Morgan Ultimate Services Investor Conference November 14, 2017 Forward Looking Statements All of the information presented that is not historical in nature should be considered to be forward-looking
More informationThe Guide to Smart Outsourcing (Nov 06)
The Guide to Smart Outsourcing (Nov 06) JOSH BERSIN, PRINCIPAL, BERSIN & ASSOCIATES The outsourcing market is on fire, proclaims one industry insider. Overall, companies are spending more on outsourcing
More informationFinancial Support Business Start Ups and Growth Companies. September 2011
Financial Support Business Start Ups and Growth Companies September 2011 1 1 2 Our Role Financial Support Agenda 3 Other Support 4 Access Support 2 Irish owned enterprise Policy analysis and advice Inward
More informationTax incentives for R&D
Tax incentives for R&D KPMG in Romania June 2017 Select the right professional services firm one with the industry depth, knowledge, and insight to help you address your most pressing issues. kpmg.com
More informationUNLOCKING BUSINESS VALUE OUTSOURCING DEALS FROM SECOND GENERATION
UNLOCKING BUSINESS VALUE FROM SECOND GENERATION OUTSOURCING DEALS In today s rapidly evolving IT environment, trends like workplace mobility, IT consumerization and new technologies like Cloud, are driving
More informationAMN Healthcare Investor Presentation
AMN Healthcare Investor Presentation May 2017 The Innovator in Healthcare Workforce Solutions and Staffing Services Forward-Looking Statements This investor presentation contains forwardlooking statements
More informationGLOBAL FACILITIES MANAGEMENT
GLOBAL FACILITIES MANAGEMENT Survey of professionals February 2015 OBJECTIVES 1 To assess how much appetite there is for integrated facilities management, combining catering, soft services and hard services.
More informationsupporting new and existing businesses to prosper regardless of macroeconomic cycles;
Lake Macquarie City Economic Development Operational Plan 2017-2018 Message from the CEO The Lake Macquarie Economic Development Company Ltd, trading as Dantia has been established by Lake Macquarie City
More informationCo-Sourcing Lab Services Maximizing Service Partners in a Lab Environment
Co-Sourcing Lab Services Maximizing Service Partners in a Lab Environment Agenda What is the Co-Sourcing Continuum Benefits of a Collaborative Partnership How do you effectively develop a program Identify
More informationAdministrative Regulation SANGER UNIFIED SCHOOL DISTRICT. Business and Noninstructional Operations FEDERAL GRANT FUNDS
Administrative Regulation SANGER UNIFIED SCHOOL DISTRICT AR 3230(a) Business and Noninstructional Operations FEDERAL GRANT FUNDS Allowable Costs Prior to obligating or spending any federal grant funds,
More informationM E M O R A N D U M PAYROLL OFFICE
THE UNIVERSITYofTENNESSEE M E M O R A N D U M Office of Vice Chancellor for Finance and Administration 407 Andy Holt Tower Knoxville, TN 37996-0141 (865) 974-4204 FAX (865) 974-8131 TO: FROM: Campus Fiscal
More informationThe goal is to turn data into information, and information into insight.
aipam Transforming the Patient Financial Experience through Effective Benchmarking Thursday March 10 th, 2016 Suzanne Lestina, FHFMA, CPC VP, Revenue Cycle Innovation Avadyne Health The goal is to turn
More informationAccountability Framework and Organizational Requirements
Ministry of Health and Long-Term Care Accountability Framework and Organizational Requirements Consultation Document Population and Public Health Division May 2017 Ministry of Health and Long-Term Care
More informationAMN Healthcare Investor Presentation
AMN Healthcare Investor Presentation Q1 2015 The Innovator in Healthcare Workforce Solutions and Staffing Services Forward-Looking Statements This investor presentation contains forward-looking statements
More informationFinance and Accounting Services Procurement Request for Proposal
Finance and Accounting Services Procurement 2014 Request for Proposal Application Deadline: Wednesday, April 16, 2014 @ 4:00 p.m. 1 Table of Contents 1.0 Council of Academic Hospitals of Ontario (CAHO)...
More informationEffectiveness of an internal audit function
Effectiveness of an internal audit function MCCG Intended Outcome 10.0 Companies have an effective governance, risk management and internal control framework and stakeholders are able to assess the effectiveness
More informationMicrofinance for Rural Piped Water Services in Kenya
Policy Note No.1 Microfinance for Rural Piped Water Services in Kenya Using an Output-based Aid Approach for Leveraging and Increasing Sustainability by Meera Mehta and Kameel Virjee The water sector in
More informationR&D. A motor for economic growth. August KPMG in Romania
R&D A motor for economic growth August 2016 KPMG in Romania Contributor Monica Pascu Manager People Services Email: mpascu@kpmg.com In July 2016, the Romanian Government approved an Ordinance which introduces
More informationAgribusiness Innovation Grant (AIG) Guidelines
Agribusiness Innovation Grant (AIG) Guidelines Table of Contents PURPOSE... 4 OBJECTIVE OF THE PROGRAMME... 4 Grant Categories... 4 PRINCIPLES... 5 Ineligible activities... 5 SELECTION PROCESS... 6 AIG
More informationPartnering with you to help your clients fund innovation and improve productivity by claiming R&D tax relief
Partnering with you to help your clients fund innovation and improve productivity by claiming R&D tax relief Who are we? 3 Introduction to research and development tax relief 4 Summary of research and
More informationProcurement Outsourcing (PO): November 2007 Preview Deck Topic: Global Sourcing in PO
Procurement Outsourcing (): November 2007 Preview Deck Topic: Global Sourcing in Background scope of the research The value proposition of Procurement Outsourcing () is centered around spend-related savings
More informationBetter results through sourcing. Andrew Hewat LODESTAR Advisory Services
Outsourcing Services What is right for your organisation? Andrew Hewat 1 Agenda The changing outsourcing landscape How to decide if outsourcing is right for your organisation The engagement process and
More informationVirginia Growth and Opportunity Fund (GO Fund) Grant Scoring Guidelines
Virginia Growth and Opportunity Fund (GO Fund) Grant Scoring Guidelines I. Introduction As provided in the Virginia Growth and Opportunity Act (the "Act"), funds are allocated, upon approval of the Virginia
More informationREIMAGINING OUTSOURCING
HIGHPOINT ASSOCIATES: INSIGHTS REIMAGINING OUTSOURCING BOB KAPLAN & KRISTINA TOBER HighPoint InSights taps into the expertise of HighPoint Associates senior professionals to provide perspective on the
More information34th Board Meeting Mid-year 2015 Corporate KPI Results & 2016 Targets For Board Decision
34th Board Meeting Mid-year 2015 Corporate KPI Results & 2016 For Board Decision GF/B34/08 Geneva, Switzerland 16-17 November 2015 Context For review Performance assessment for 13 indicators Strong performance
More informationStreamlining care processes with a data-driven approach
Streamlining care processes with a data-driven approach With Innovaccer s efficient and end-to-end care management solution Case Study Leading Iowa-based Mercy ACO deployed InCare to enable every member
More informationCITY OF WEST CHICAGO DOWNTOWN RETAIL & RESTAURANT BUSINESS GRANT PROGRAM
CITY OF WEST CHICAGO DOWNTOWN RETAIL & RESTAURANT BUSINESS GRANT PROGRAM DESCRIPTION OF PROGRAM The Retail & Restaurant Business Grant Program ( Program ) is sponsored by the City of West Chicago for the
More informationThank you for your interest becoming a grant assessor with Friends Provident Foundation.
April 2018 Dear Colleague, Grant Assessor (Freelance) Thank you for your interest becoming a grant assessor with Friends Provident Foundation. Friends Provident Foundation is an independent charity that
More informationGE1 Clinical Utilisation Review
GE1 Clinical Utilisation Review Scheme Name QIPP Reference Eligible Providers GE1 Clinical Utilisation Review QIPP 16-17 S40-Commercial 17/18 QIPP reference to be added locally. This CQUIN is supported
More informationOutsourcing our approach and experience
Outsourcing our approach and experience Outsourcing Summit - 19th November 2003 David Boyles Chief Operations Officer Australia and New Zealand Banking Group Limited Page 2 ANZ s strategic direction Organic
More informationGovernment IT. Strategies. Irma Mentzer Information Management Technology World Bank Group
Government IT Strategies Irma Mentzer Information Management Technology World Bank Group EA Frameworks TOGAF ADM Source The Open Group 2 IT Sourcing Lifecycle 2012 The Corporate Executive Board Company.
More informationUniversity of Pittsburgh SPONSORED PROJECT FINANCIAL GUIDELINE Subject: SUBRECIPIENT MONITORING
I. Scope Subrecipient monitoring is the process by which the University selects, monitors, controls, and accounts for University subcontractors or subrecipients utilized on sponsored projects in accordance
More informationRegional Jobs and Investment Packages
Regional Jobs and Investment Packages Version 1 March 2017 Contents 1. Regional Jobs and Investment Packages process... 5 2. Introduction... 6 3. Program overview... 6 4. Grant funding available... 7 4.1
More informationCapital Grant Scheme application guidelines
Capital Grant Scheme application guidelines 1. Purpose This guidance is designed to support you in completing the application form for the Capital Grant Scheme. If you require further assistance you may
More informationUsing Data for Proactive Patient Population Management
Using Data for Proactive Patient Population Management Kate Lichtenberg, DO, MPH, FAAFP October 16, 2013 Topics Review population based care Understand the use of registries Harnessing the power of EHRs
More informationThe Integrated Support and Assurance Process (ISAP): guidance on assuring novel and complex contracts
The Integrated Support and Assurance Process (ISAP): guidance on assuring novel and complex contracts Part A: Introduction Published by NHS England and NHS Improvement August 2017 First published: Friday
More informationNHS WOLVERHAMPTON CLINICAL COMMISSIONING GROUP CONSTITUTION
NHS WOLVERHAMPTON CLINICAL COMMISSIONING GROUP CONSTITUTION Version: [78] NHS England Effective Date: 1 December 2015 April 2017 CONTENTS Part Description Page Foreword 1 1 Introduction and Commencement
More informationTechnology for growth
Technology for growth How emerging-world firms use ICT Economist Intelligence Unit September 2008 The research An online survey of executives in emerging economies Completed in September 2008 537 respondents
More informationThe Art of Global Financing: Outsourcing
The Art of Global Financing: Outsourcing Wold Zemedkun School of Business Norfolk State University 700 Park Avenue Norfolk VA 23504 wzemekun@nfsu.edu Global Challenges: 1) The complexity of globalization
More informationConsultation on fee rates and fee scales
Consultation on fee rates and fee scales 2016-17 Consultation on fee rates and fee scales 2016-17 Overview This consultation invites views and comments on the Wales Audit Office s proposals for: fee rates
More informationThe future of the contact center outsourcing industry. 5 ways it will be different.
The future of the contact center outsourcing industry. 5 ways it will be different. August 2015 As we approach the 10th anniversary of our company, TELUS International Europe decided to reflect on the
More informationASSESSING CONSTRUCTION THE ROLE OF INTERNAL AUDIT CONSULTANT ROBERT S. BRIGHT PRESIDENT TALSON SOLUTIONS LLC
1 ASSESSING CONSTRUCTION AUDIT RISK: THE ROLE OF INTERNAL AUDIT AND THE EXTERNAL CONSULTANT ROBERT S. BRIGHT PRESIDENT TALSON SOLUTIONS LLC AHIA 31 st Annual Conference August 26-29, 2012 Philadelphia
More informationCancer Prevention & Research Institute of Texas
Cancer Prevention & Research Institute of Texas IA # 01-18 Internal Audit Report over Post-Award C O N T E N T S Page Internal Audit Report Transmittal Letter to the Oversight Committee... 1 Background...
More informationDEPARTMENT OF HEALTH HELEN HAYES HOSPITAL SELECTED FINANCIAL MANAGEMENT PRACTICES. Report 2006-S-49 OFFICE OF THE NEW YORK STATE COMPTROLLER
Thomas P. DiNapoli COMPTROLLER OFFICE OF THE NEW YORK STATE COMPTROLLER DIVISION OF STATE GOVERNMENT ACCOUNTABILITY Audit Objectives... 2 Audit Results - Summary... 2 DEPARTMENT OF HEALTH Background...
More informationOutsourcing biopharmaceuticals manufacturing Best practices when working with external supply partners
Outsourcing biopharmaceuticals manufacturing Best practices when working with external supply partners Dr. Ulrich Rümenapp, Bayer AG Biologics & Biosimilars Congress 1-2 February 2016 Berlin, Germany Outline
More informationDEPARTMENT OF DEFENSE AGENCY-WIDE FINANCIAL STATEMENTS AUDIT OPINION
DEPARTMENT OF DEFENSE AGENCY-WIDE FINANCIAL STATEMENTS AUDIT OPINION 8-1 Audit Opinion (This page intentionally left blank) 8-2 INSPECTOR GENERAL DEPARTMENT OF DEFENSE 400 ARMY NAVY DRIVE ARLINGTON, VIRGINIA
More informationRamp up and Wrap up projects. Riding the Wave to Close Out
Ramp up and Wrap up projects Riding the Wave to Close Out To maximize our time together today: Please turn off or silence your cell phones Limit side chatter so everyone can hear Best of all. Stay for
More informationDepartment of Agriculture, Environment and Rural Affairs (DAERA)
Department of Agriculture, Environment and Rural Affairs (DAERA) Guidance for the implementation of LEADER Cooperation activities in the Rural Development Programme for Northern Ireland 2014-2020 Please
More informationPRINCE GEORGE S COUNTY PUBLIC SCHOOLS. Fiscal Year 2015 Close of Financial Reporting System and Procurement Cut-Off
TO: FROM: BULLETIN PRINCE GEORGE S COUNTY PUBLIC SCHOOLS Chiefs Area Assistant Superintendents Principals Account Managers Chief Financial Officer M - 15-15 Originator s Serial No. March 19, 2015 Date
More informationP r o g r a m Community Stewardship Incentive Program (CSIP) Grant
Urban & Community Forestry P r o g r a m Community Stewardship Incentive Program (CSIP) Grant Request for Proposals Announcement Date: March 16, 2017 Due Date: May 16, 2017 NJ Forest Service Mail Code
More informationGuy s and St. Thomas Healthcare Alliance. Five-year strategy
Guy s and St. Thomas Healthcare Alliance Five-year strategy 2018-2023 Contents Contents... 2 Strategic context... 3 The current environment... 3 National response... 3 The Guy s and St Thomas Healthcare
More informationRESEARCH & INNOVATION (R&I) HEALTH & LIFE SCIENCES AND RENEWABLE ENERGY
RESEARCH & INNOVATION (R&I) HEALTH & LIFE SCIENCES AND RENEWABLE ENERGY Background to the call The INTERREG VA Programme has set a Smart Growth Priority: Thematic Objective 1 Strengthening Research, Technological
More informationAnnual results: Net income from ordinary operations increased by 21%
. Annual results 2002 For more information, please contact: Sandra van Campen Phone: +31 20 569 5623 Diemen, February 18, 2003 Annual results: Net income from ordinary operations increased by 21% Highlights
More informationDeveloping a New Strategy for the Visitor Economy
Appendix 1 to Agenda Item 12 Project Documentation PROJECT INITIATION DOCUMENT (PID) Developing a New Strategy for the Visitor Economy Release: Version 1 Date: 4-6-15 Author: Approved by: Jane Hotchkiss
More informationKPMG Digital Health Pulse April 2017
KPMG Digital Health Pulse 2017 April 2017 Research purpose and design To identify key perceptions about the pace of digital health adoption and key challenges to implementing virtual care programs at hospitals
More informationFunding Availability for Small Shipyard Grant Program; Application Deadline. AGENCY: Maritime Administration, Department of Transportation
DEPARTMENT OF TRANSPORTATION Maritime Administration Funding Availability for Small Shipyard Grant Program; Application Deadline AGENCY: Maritime Administration, Department of Transportation ACTION: Notice
More informationTrinity Valley Community College. Grants Accounting Policy and Procedures 2012
Trinity Valley Community College Grants Accounting Policy and Procedures 2012 TABLE OF CONTENTS I. Overview.....3 II. Project Startup.... 3 III. Contractual Services.......3 IV. Program Income.....4 V.
More informationHEALTHCARE STAFFING EDUCATION & TRAINING SEARCH
HEALTHCARE STAFFING EDUCATION & TRAINING SEARCH February 2006 This presentation contains forward-looking statements. Statements that are predictive in nature, that depend upon or refer to future events
More informationOutsourcing Guidelines. for Financial Institutions DRAFT (FOR CONSULTATION)
Outsourcing Guidelines for Financial Institutions DRAFT (FOR CONSULTATION) October 2015 Table of Contents 1. INTRODUCTION... 3 2. DEFINITIONS... 3 3. PURPOSE, APPLICATION AND SCOPE... 4 4. TRANSITION PERIOD...
More informationOutsourcing in the Banking Sector in the Bailiwick of Guernsey. A Thematic Report issued by the Guernsey Financial Services Commission
Outsourcing in the Banking Sector in the Bailiwick of Guernsey A Thematic Report issued by the Guernsey Financial Services Commission November 2008 Table of contents 1 Executive summary... - 2-2 Introduction
More informationHow an ACO Provides and Arranges for the Best Patient Care Using Clinical and Operational Analytics
Success Story How an ACO Provides and Arranges for the Best Patient Care Using Clinical and Operational Analytics HEALTHCARE ORGANIZATION Accountable Care Organization (ACO) TOP RESULTS Clinical and operational
More informationMANAGER S TOOLKIT FOR A SUCCESSFUL FINANCIAL STATEMENT AUDIT
MANAGER S TOOLKIT FOR A SUCCESSFUL FINANCIAL STATEMENT AUDIT Ms. Lorin Venable, DoD OIG ASMC PDI Workshop #79 June 2, 2017 1 Agenda OIG Audit History Complexity of DoD FY 2016 Audit Opinions Status of
More informationValue-Based Contracting
Value-Based Contracting AUTHOR Melissa Stahl Research Manager, The Health Management Academy 2018 Lumeris, Inc 1.888.586.3747 lumeris.com Introduction As the healthcare industry continues to undergo transformative
More informationEFFICIENCY MAINE TRUST REQUEST FOR PROPOSALS FOR Forward Capacity Market Support Services RFP NUMBER EM
EFFICIENCY MAINE TRUST REQUEST FOR PROPOSALS FOR Forward Capacity Market Support Services RFP NUMBER EM-006-2018 Date Issued: 11/20/2017 TABLE OF CONTENTS SECTION 1 RFP INFORMATION AND INSTRUCTIONS SECTION
More informationEUROPEAN STRUCTURAL INVESTMENT FUNDS (ESIF) ESF SEaMLESS Programme
Central Bedfordshire Council EXECUTIVE 7 February 2017 EUROPEAN STRUCTURAL INVESTMENT FUNDS (ESIF) ESF SEaMLESS Programme Report of Cllr Steven Dixon, Executive Member for Education and Skills steven.dixon@centralbedfordshire.gov.uk
More informationSchool District of Philadelphia. Grant Management Roles & Responsibilities Matrix POLICIES P S P S S P S S
FINDING FUNDING OPPORTUNITIES 1 Locates funding opportunities and initiates proposal development GP0100 S S P 2 Reviews proposed grant opportunities, prepares overview of proposals for Grant Governance,
More informationProcurement Support Centre
October 20 2014 Procurement Support Centre annual report 2013/14 Find us at: 101-104 Elliott Street, Whitehorse (867) 667-5385 contracts@gov.yk.ca http://www.gov.yk.ca/tenders/ Table of Contents Introduction.................................................
More informationYear End Closing Deadlines FY2017
Year End Closing Deadlines FY2017 The College is approaching the end of another fiscal year and it is time to coordinate the year-end closing activities. Campus-wide cooperation is essential for a timely
More informationREQUEST FOR PROPOSAL FOR AUDIT SERVICES RFP W.E. Upjohn Institute for Employment Research 300 S. Westnedge Ave. Kalamazoo, MI 49007
REQUEST FOR PROPOSAL FOR AUDIT SERVICES RFP 2018-1 W.E. Upjohn Institute for Employment Research 300 S. Westnedge Ave. Kalamazoo, MI 49007 This RFP Notification Expires on March 30, 2018 1 I. General Information
More informationProfiles in CSP Insourcing: Tufts Medical Center
Profiles in CSP Insourcing: Tufts Medical Center Melissa A. Ortega, Pharm.D., M.S. Director, Pediatrics and Inpatient Pharmacy Operations Tufts Medical Center Hospital Profile Tufts Medical Center (TMC)
More informationStatement of Guidance: Outsourcing Regulated Entities
Statement of Guidance: Outsourcing Regulated Entities 1. STATEMENT OF OBJECTIVES 1.1 This Statement of Guidance ( Guidance ) is intended to provide guidance to regulated entities on the establishment of
More informationWHITE PAPER. The Shift to Value-Based Care: 9 Steps to Readiness.
The Shift to Value-Based Care: Table of Contents Overview 1 Value Based Care Is it here to stay? 1 1. Determine your risk tolerance 2 2. Know your cost structure 3 3. Establish your care delivery network
More information