Our
unique methodology enables Decision Dynamics to offer unconditional satisfaction
at an optimal cost in an accelerated time frame.
Preparation
for the Process Assessment and Gap Analysis Engagement
Preparation
for the Process Assessment and Gap Analysis Engagement is an integral step with
high return that increases engagement efficiency, reduces your cost and prepares
your line management / staff for the Process Assessment.
- Upon
agreement that Decision Dynamics will conduct a Process Assessment / Gap Analysis
to target areas of opportunity, Decision Dynamics customizes a detailed pre-engagement
questionnaire that is designed to obtain a preliminary understanding of the sale
to cash portion of your business. Topics cover all key organizational structure
/ system / staffing components which range from policy through cash application
as well as credit strategy.
- As
Decision Dynamics reviews this information in detail prior to the start of the
engagement we are better prepared to initiate a productive Process Assessment
upon arrival at your company.
Process
Assessment
The Process Assessment covers all phases of the business
processes from the point of sale through the posting of cash, which includes organizational
structure and all related systems.
- The
Process Assessment takes place on site at your credit and collection operation.
Decision Dynamics has developed a comprehensive review / analysis which results
in a precise picture of your sale to cash cycle.
- Daily
meetings to discuss issues and enhancement / improvement opportunities are held
with management during the review in order to ensure excellent communication and
understanding as the engagement progresses.
-
The Process Assessment will focus intensively on issues that are impediments to
receiving payment.
Gap
Analysis - Benchmarking
This portion of the analysis includes
Benchmarking and compares your credit and collection current state to best
demonstrated practices.
- During
the review Benchmarking relative to the client's line of business and geographical
marketing area is carried out.
Issues/Imperatives
and Solutions
The Process Assessment identifies all key Best Practices
and opportunities for improvement in performance.
- Decision
Dynamics defines your own Best Practices, that can be expanded / leveraged,
as well as opportunities for process enhancement. Decision Dynamics describes
each issue in detail with a corresponding imperative and solution.