This course will help you learn, identify and implement new cost control strategies and processes to help your organization manage the high-cost areas in your crisis response operation. The instructor will touch on labor (including equipment for external utilities and contractors), logistics and material; give you proven strategies and approaches to control costs more effectively before, during and after any crisis; and help you avoid common financial mistakes that result in un-reimbursed or lost storm dollars that can damage credibility and destroy your bottom line.
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Requirements
Timed Course Completion
Outcomes
Learn how to recognize and avoid financial waste in storm response before it happens internally, with your external resources, and with ad-hoc expenses that always arise with each new storm
Know how to streamline invoice reconciliation processes to reduce costs and enhance invoice mechanisms for your internal staff and external crews and contractors that reduce costs quickly and more efficiently.
Learn to avoid common mistakes and pitfalls that increase overall storm expenses, inefficient resource, and contractor management through better-contracting terms, ongoing planning, and period finance-focused drills and exercises.
Understand the importance of your back-office staff and how to streamline your overall storm related paperwork processes using proven strategies and tools used by many utilities for decades.
Learn strategies that you can implement within 30 days that can improve your restoration times, increase overall customer satisfaction, and improve your bottom-line storm costs.
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