T110: WCFs: Drivers of Agency Efficiencies
Tuesday, July 29, 2025: 10:30 AM - 11:20 AM
Description
In a constrained federal budget environment focused on cost savings, working capital funds (WCFs) can drive efficiency across agencies. This session explores how WCFs can reduce duplicative agency costs, lower external vendor costs and automate inefficient processes.
Key Takeaways
• WCFs are programs intentionally designed to scale with demand, making them an ideal agent for finding efficiencies and reducing agency-wide costs.
• Continuous education of agency personnel and governance bodies is essential to reducing costs, fostering buy-in and increasing awareness of how the WCF impacts the agency-wide budget.
• Strong WCF governance contributes to achieving long-term break-even goals while supporting broader cost-cutting objectives.
• Dynamic pricing capabilities promote transparency and agility with WCFs and prioritize regular zero-based analyses of cost and demand factors, like a commercial company that monitors and adjusts rates; this approach strengthens customer relationships, fosters fiscal transparency and allows customers to assess the cost-benefit tradeoff of purchasing a product or service from the WCF.
Learning Objectives
Understand the role WCFs play in driving cost savings and long-term planning. Examine how the relationship between operations and finance impacts the success of a WCF. Observe emerging challenges and potential solutions when managing WCFs while driving efficiencies. Analyze how pricing maturity can affect customer relationships, financial transparency and cost efficiencies for both the WCF and its customers.
Handouts