The primary role of a Plan Manager is to oversee the whole course of a project, from beginning to end. They are responsible for negotiating with all suppliers and vendors and acting as the chief procurement officer for the project. They also manage the staff required for the completion of the project. The Plan Manager’s responsibility is to ensure that all activities leading up to the procurement of supplies, goods or services, and all stages in-between are managed as efficiently as possible. In performing their duties effectively, the Plan Manager needs to understand and be proficient in at least one procurement area.
There are several ways to get plan management services. These include IT contract services, project management consultancy, and plan administration. Each of these methods has its advantages and drawbacks. Therefore, it is essential to know which method best suits your business and which of these methods can help you save money. Therefore, we have listed the main ways to get plan management services and the corresponding pros and cons.
Self-manage means taking charge of your own invoicing. The most common way of self-manage is to create your invoice template, which will allow you to print invoices from any software that supports PDF, such as Quicken or Microsoft Money. Invoices generated using this method are usually custom made, but it is possible to get a pre-made template, which is very convenient and will probably help reduce cost. You must ensure that your supplier uses a reliable payment gateway for sending payments. If your supplier does not use a payment gateway, you must pay the cost of sending the bills to your client every time you invoice them.
Invoices generated through self-management do not contain a comprehensive overview of costs. As they do not contain detailed information, it is difficult for suppliers or vendors to give an accurate price quote. For that reason, you should consider getting quotes from your chosen providers using a price guide. The price guides will also help you track down any discrepancies in invoices that may cause problems between you and your customers, and they can also help you compare prices between different vendors.
Some plan managers say that manual handling of paperwork is time-consuming and confusing. For that reason, they would prefer to get plan management services from external providers. It is important to note that some external service providers offer a wide range of solutions, such as: billing online, invoice follow-ups, and integration with third-party billing software. External service providers will not only provide you with an invoice follow-up service, but they can also provide a wide range of other services, including data conversion, customisation, management, and reporting.
If you do not have the time and expertise to create your invoices and budget, you may consider outsourcing your accounting work to third-party service providers. For that matter, it would be wise to choose a company with a good reputation and years of experience in this field. You may use the internet to look for companies that can meet your company’s specific requirements. For that matter, you may choose to create a list of criteria for you to evaluate service providers on before you choose one. The following are the main factors that you should consider when choosing a plan manager:
Whether you choose an NDIS plan manager will depend on your organisation’s needs. A managed service provider will ensure better organisation and control over expenses. However, managed plans tend to be expensive, especially if they are outsourced. On the other hand, self-managed plans offer more control, but they cost less than managed plans. In addition, self-managed plans tend to be more flexible and customisable, which may allow your organisation to adapt to specific needs. Therefore, you must evaluate how your organisation will benefit from a managed or self-managed service before you choose one.