Course description

Learn new cost control strategies and processes to help your organization control costs, avoid mistakes, and better document storm costs so you don’t let un-reimbursed or lost storm dollars destroy your bottom line.

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.

What I'll learn.

• 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.

Frequently asked question