Bursarnet's objective is to help schools operate more leanly, via a two-pronged approach:
1/ See the wood from the trees: are there material improvements to be made? If so, where?
The typical school bursar's office is scarcely resourced, and kept fully occupied just keeping the everyday plates spinning. This makes it very difficult for the COO or bursar to step back and take a more strategic look at the school operation. And yet, inevitably, inefficiencies creep in, as in any establishment, and over the years these can become significant opportunities for cost saving. Our Opex Benchmarking tool is designed to flush out where those inefficiencies lie by analysing the school's operational spend across 30 different KPIs, and comparing those with the most similar schools.
2/ A network of trusted partners who have a history of stripping out excess cost.
Once potential material opportunities have been identified and quantified, they can then be prioritised. The next question is how to actually address the issues in order to drive out the consequent savings. Some of these can be achieved internally (the KPI evidence alone can be sufficient to persuade internal teams of the need for efficiencies) but some of the KPIs inevitably need some outside help to improve. The choice of potential suppliers is endless, but we can also help fast-track solutions by introducing our school clients to our own network of reliable partners, whom we know are specialists at what they do, and fairly priced, with pre-agreed rates for use by Bursarnet member schools.