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Efficiency Study Process

The following outlines the steps ParenteBeard will take while conducting the efficiency study.

 

1) Project Overview

  • Perform a review of the department/function to identify operational efficiencies to potentially be implemented
  • Review transactional processes and procedures to identify areas for “quick win” process improvements
  • Perform a high level identification of the ability to leverage technology more effectively within standard processes (number of manual touch points)
  • Recommend organizational, process and technology enhancements to optimize the various functions

2) Areas of Focus

  • Financial Processes
  • Financial Reporting
  • Budgeting Process
  • Procure to Pay Process:
    i) Accounts Payable
    ii) Procurement Services
  • Informational Technology

3) Deliverables

  • Phase I
    i) Initial plan of execution
    ii) Identification of initial areas of focus/opportunity
    iii) Inventory of processes and high level detail on existing process flows
    iv) Opportunity log for process improvements
    v) Existing organizational structure
  • Phase II
    i) Strategic alternatives (people, process and technology)
    ii) Quick win process improvements
    iii) Initial gap analysis
  • Phase III
    i) Strategic roadmap
    ii) Executive level evaluation presentation

Note: The Human Resources and Enrollment Management areas are scheduled to be studied next year.

  • Administration and Finance Division
  • Sutton Hall, Room 233
    1011 South Drive
    Indiana, PA 15705
  • Phone: 724-357-2202
  • Fax: 724-357-4057
  • Office Hours
  • Monday through Friday
  • 8:00 a.m. – 12:00 p.m.
  • 1:00 p.m. – 4:30 p.m.