How Private Sector Best Practices Can Save Taxpayer Money - Slide 5

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When the federal government consolidated 26 payroll systems to four, the Environmental Protection Agency reduced payroll costs from $270 to $90 per employee, saving $3.2 million a year, and the Department of Health and Human Services reduced costs from $259 to $90 per employee, saving $11 million a year. Likewise, when the government consolidated travel systems, the Department of Labor reduced its costs from $60 to $20 per travel voucher and reduced processing time from about seven to about three days.

Additionally, four government cases studies from the UK suggest that 20 to 30 percent savings are achievable by moving to a shared services platform.

Cost savings estimate: $50 billion over the next 10 years.

According to the Technology CEO Council, America’s growing national debt is undermining our global competitiveness. How we choose to confront and address this challenge will determine our future environment for growth and innovation. They suggest that by adopting commercially proven best practices to maximize operational productivity, the government can save over $1 trillion by 2020, while enhancing the services it provides citizens and laying a foundation for future innovation and growth.

This slideshow offers their list of seven specific initiatives where technology-enabled productivity solutions can make a material difference.

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