By Edward Geoffrey Keating, Susan M. Gates
The security Finance and Accounting carrier (DFAS), created in 1991 during the consolidation of army service-specific accounting and finance operations, presents a number of providers to division of safeguard (DoD) shoppers, similar to payroll, invoice check, and new release of accounting statements. interpreting DFAS facts on charges and workload to discover chances for more desirable operations, the authors argue that present linear pricing of DFAS companies is irrelevant. particularly, DFAS bills neither elevate nor lessen commensurate with workload. DFAS's pricing should be enhanced through a change to a nonlinear technique, dispensing mounted bills between buyers utilizing open-the-door move funds and charging purely incremental expenses to buyers on a according to paintings unit foundation. the sort of pricing reform will require adjustments to present safeguard operating Capital Fund (DWCF) laws.
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Extra resources for Defense working capital fund pricing policies: insights from the Defense Finance and Accounting Service
Defense Finance and Accounting Service, United States--Armed Forces--Appropriations and expenditures. --Defense Finance and Accounting Service, United States--Armed Forces--Appropriations and expenditures. The research described in this report was sponsored by the Defense Finance and Accounting Service. The research was conducted in RAND's National Defense Research Institute, a federally funded research and development center supported by the Office of the Secretary of Defense (OSD), the Joint Staff, the unified commands, and the defense agencies under contract DASW01-95-C-0059.
While acknowledging some costs to be invariant to output, or fixed, DFAS should continue efforts to reduce these costs. Similarly, prudent analysis will be needed to determine appropriate incremental fees. Page xiii Acknowledgments This research was sponsored by Bruce M. Carnes, DFAS's Director for Resource Management. The authors especially thank Carol Robertson of DFAS for assistance with, and helpful comments on, this research. The authors also thank DFAS's Wanda Brandon, Joel Carey, Scott Chellberg, Michael Dugan, Jim Dundon, Christy Edwards, David Harris, Jim Howard, Steve Krawczel, Bill List, Ed Malone, Keith Mooney, Roxane Nowling, Melanie Reed, David Sundby, and Greg Trygg.
Under such an arrangement, DFAS would receive "open the door" transfer payments from its customers that reflect DFAS's fixed costs. DFAS would also assess incremental fees per unit of workload, which would be lower than current DFAS prices. Such a structure would give DFAS customers more- Page 26 appropriate incentives with respect to how much workload to give DFAS. Both transfer and incremental fees could vary across customers as well as outputs. It would be more straightforward to get approval for DFAS to deviate from DWCF pricing policies for this experimentation, rather than to attempt to change DWCF pricing policies themselves.
Defense working capital fund pricing policies: insights from the Defense Finance and Accounting Service by Edward Geoffrey Keating, Susan M. Gates