Unit Costing and Key Drivers Analysis

Many businesses, whether for profit or not for profit, tend to be well versed in their overall costs, but often they don’t know their profitability by project, product, or service, i.e., per unit.

For Not-for-Profit organisations and NDIS Providers, this results in wasted financial and personnel resources, increasing waitlists, and the frustration of not being able to help as many people as you want to.

In addition, the Not-for-Profit sector is moving in a more flexible, market-driven direction. This means it’s becoming more common for individuals to receive funding, and then pay for the specific services they require. This puts pressure on Not-for-Profit organisations to know how much to charge for their services, so they can make a profit, or at worst, break even.

Conducting a Unit Cost Analysis, together with a Key Drivers Analysis, will provide you with great insight into where your revenues are being spent. Having this data reveals how your organisation could run more efficiently, so you can support more people in need.

In almost all cases, when engaged by our clients, we perform the Key Drivers Analysis first and follow up with our Unit Cost Analysis.

You can learn more about our Key Drivers Analysis Here.

What You Can Expect from Our Unit Cost Analysis

A Unit Cost Analysis is a Phase in our proprietary CINCH Transformation Program. This program is designed to improve efficiencies across all departments in Not-for-Profit organisations and NDIS Providers.

When conducting a Unit Cost Analysis, we dive into all your fixed, variable, and “hidden” costs of providing each one of your services. Leaving no stone unturned, so there are no nasty surprises in the future, we will accurately determine your break-even point for providing every one of your services.

Once this critical information is available, your budgeting and cash flow forecasting will be simpler and more accurate. You will then be empowered to make better organisational, financial and personnel decisions. This results in higher efficiency of delivery of services, and ultimately, more people being supported by your organisation.

Get Your Complimentary Copy of The Early Years 2020 ECI Benchmarking Report

Access to this report will allow you to compare your organisation to industry benchmarks, and help identify areas performing well, and those needing improvement.

Leaving no stone unturned, so there are no nasty surprises in the future, we will accurately determine your break-even point for providing every one of your services.

Of course you can also contact us by phone on (02) 4925 7720 or reach out via the Contact Form below and we’ll be in touch ASAP.

We look forward to talking with you soon.

Until then, all the best.

CINCH Transform

Where can we send the free report to?