Operational Excellence

Are you working harder and longer but producing less profit?
Is cash flow a constant struggle that limits your options?
If so, BCSI can help you achieve operational excellence through process improvements.

Process Improvements that Increase Profitability
• Prepare Provisional Rates Letter (PRL) and use it as a monthly budget
• Manage Margins on T&M Contracts
• Submit Incurred Cost Report (ICR) and recover actual direct/indirect costs
• Best practices to maximize profit on fixed price contracts
• Eliminate contract write-offs
• Competitive pricing practices that maximize profitability

Process Improvements that Optimize Cash Flow
• Best practices for daily cash management and reporting
• Expedite AR Collections (Reduce DSO)
• Identify and eliminate the real collection issues
• Control AP Distributions - Catch-up and stay current with key suppliers
• Pay down line-of-credit and reduce interest expense

Process Improvements for Contract Management & Invoicing
• Negotiating Contracts and Subcontracts - 6 essential elements of acceptable contract
• Minimizing Work In Progress (WIP) accruals
• Expediting the Invoicing Process
• Obtaining Timely Extensions and Incremental Funding

Contact BCSI regarding a potential engagement