Business Support Services Spotlight
바카라 온라인 추천's Business Support Services (BSS) office is instrumental to supporting university administrative and operational units and has collaborated extensively on the Finance Division’s Future of Financial Planning (FFP) project. We talked with Karen Faber, Assistant Vice President of Business Support Services, to learn more about her team’s role in the FFP project and the expertise that they provide to the university.
Q: Tell us a little about what the BSS team does and who is on the team.
A: Business Support Services provides financial information, planning, support, data, and analytics to several of 바카라 온라인 추천's administrative and operational departments, including Facilities, Infrastructure and Risk Management, the Finance Division, Human Resources, Computing Services, the Office of General Counsel, and University Communications and Marketing.
Services include:
- Budgeting and forecasting
- Dashboard and financial reporting
- Procurement services
- Travel coordination
- Year-to-date variance analysis
Visit the BSS website to learn more and meet the team!
Q: What valuable expertise and knowledge does BSS bring to your engagement and collaboration with the Finance Division?
A: Business Solutions Services provided the Future of Financial Planning (FFP) core team with recommendations on planning requirements and proposed strategies to optimize the planning process.
Q: The University Finance Center of Excellence (part of the Finance Division Strategic Plan) is an inclusive ecosystem of both central and departmental finance experts and stakeholders that partner to provide leadership, best and equitable practices, research, analytics, support and training for all financial matters. Which Finance COE value does BSS best exemplify and how?
A: We best exemplify the ‘driving efficiency’ value. The Business Support Services (BSS) team has consolidated procurement services and centralized travel coordination to streamline operations across departments. By centralizing these functions, BSS ensures that procurement activities are standardized and aligned with budget planning for all units that we support, avoiding redundancies and discrepancies.
Q: What impact does your work have on the overall financial health of the university?
A: Business Support Services plays a crucial role in ensuring the financial health and operational efficiency of the administrative units that we support. By focusing on process re-engineering and developing business models based on best practices, the team helps streamline workflows, reduce inefficiencies, and align financial practices with organizational goals.
Q: If you were to write a book or host a podcast on how you contribute to making 바카라 온라인 추천’s financial community ‘better than the best’, what would the title be and what would the first chapter/episode be about?
A: The title would be "The Power of Process Reengineering.” In this first chapter or episode, we’d dive into how Business Support Services approaches the critical work of maintaining and enhancing the financial transparency of business units. The focus would be on the strategic importance of process re-engineering—not just for efficiency but for creating a culture of fiscal responsibility, trust, and collaboration.
Thank you to Karen Faber and the BSS team for participating in the spotlight and for all the incredible work they do as key stakeholders and collaborators in the university financial community!