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HomeMy WebLinkAboutI. B. PROCESS IMPROVEMENT STEERING COMMITTEE (PISC)- PROMPT PAY PROJECT 7.9.2024Prompt Pay Project Council Briefing Process Improvement Steering Committee Tuck Bowie, Vice Chair Tam Nguyen, Office of Performance and Accountability Director July 9, 2024 Agenda •Purpose & Background •Methodology •Key Findings •Recommendations 2 Overview •Purpose: Explore opportunities to pay vendors more promptly •Why it Matters: Maintain positive relationships to ensure continuity of business with the City •Background: •Finance Department’s Accounts Payable (AP) Team has central oversight & responsibility processing invoices •City Departments have staff designated to support process •Typical Process Flow: Create Requisition -> Create Purchase Order -> Receive Goods/Services -> Provide Invoice -> Pay Vendor 3 Overview 4 •Background (continued): •Financial System •Oracle Financial Cloud (OFC) System – City staff view •Oracle iSupplier Portal – Vendor/Supplier view •Implemented in July 2020 amid COVID-19 pandemic •Invoicing: (1) Portal; (2) Email; or (3) Mail •Payment: (1) Automated Clearing House (ACH); (2) Wire transfer; or (3) Mail Methodology for Data Collection •Conducted Interviews •9 vendors (5 using Portal) •6 groups of City staff across departments •2 sessions with key Finance Dept. staff •2 PISC members (minimum) & City Staff Liaison at each interview •Administered Survey •4 topics for participants to rate (4-point scale) & open-ended questions •Vendors (6 respondents) •City Staff (60 respondents) •Various roles and years of service represented •Data limitations 5 Key Findings •Quantitative Feedback 6 Key Findings 7 •Qualitative Feedback •Grouped consistent themes into 3 categories: •Product – OFC/Portal & payment methods •People – Staff, training, & resources •Process – Any part of the process to pay invoices •Vendor Feedback •Product – Unaware of resource; intuitive Portal; all use ACH •People – Eager to learn •Process – Mixed feedback on support Key Findings 8 •Staff Feedback •Product •Mixed feedback on system features •Artificial intelligence (AI) issues •People •Desire for improved initial & refresher trainings •Enhanced training materials (e.g., user guides) •Process •Mixed encouragement for Portal use •Strengthen internal customer service Recommendations 9 •Finance Dept. has addressed some opportunities (or may be in flight) •Updated AI •Encouraging new vendors to use Portal •Promoting ACH payment •Monitoring unpaid invoices •Improving customer service Recommendations 10 Next Steps 11 •Working with Administration on next steps and operationalizing recommendations •Accountability Infrastructure •Departmental Performance Plans •Scorecard Tracker •Stat Questions? 12