VFA Webinar

Controlling Capital Expenditures to Meet Fiscal Goals

How can you best influence how capital is prioritized, justified, and ultimately spent in your organization?

Join us for a webinar: Controlling Capital Expenditures to Meet Fiscal Goals, to learn how you can implement tighter cost controls and track capital projects throughout the capital planning and procurement cycle.

T. Allen Archer, System Manager for Capital Planning & Acquistion, Wellmont Health System, will describe how he is using VFA.spendManager® to keep Wellmont’s capital spend of $350 million on target by efficiently managing the capital procurement cycle, from capital budget creation and requisition processing to purchasing and reconciliation of expenditures. This presentation will include a VFA.spendManager demo.

What You’ll Learn

How a capital spend management system results in:

• Better capital project prioritization
• Greater negotiated cost savings
• Improved expenditure forecasting
• Aggregated demand savings
• Minimized rogue and off-contract spending
• Overall reduction in capital investment costs

Who Should Attend?

High level State and local government and higher education professionals responsible for:

• Supply Chain Managers
• Materials Managers
• Finance Managers involved in Capital Spend Management

Speaker

T. Allen Archer, System Manager for Capital Planning & Acquistion, Wellmont Health System
Thomas “Allen” Archer has more than 15 years experience in Materials Management and Supply Chain Operations. Beginning his career in sterile processing and distribution, Archer excelled and is a true example of professional development in a health system that believes in growing its talent from within. Archer recently completed an MBA with a concentration in Healthcare Administration from King College and is a Certified Materials Resource Professional, (CMRP). He is a published author and speaker on various Supply Chain and Capital Management topics, including articles featured in Healthcare Purchasing News and Materials Management in HealthCare. Archer also serves as the committee chair for the Med Assets Capital Equipment Advisory Committee. As System Manager for Capital Planning and Acquisition, Archer has transformed the Wellmont Health System capital management program into a national model of excellence.