NCSS helps member VWOs save nearly $500,000 with free or discounted services
Published on Mar 27, 2014 1:52 PM
Member voluntary welfare organisations (VWOs) of the National Council of Social Service (NCSS) reported cost savings of more than $487,000 for the first half of 2013 financial year, thanks to discounted or free services.
This figure is on track to exceed total cost savings of $815,000 in FY2012 and $650,000 in FY2011, said the Council on Thursday. It has about 400 member VWOs.
The services, in areas such as auditing, printing, legal or cleaning, are offered on the NCSS Common Services platform, started in 2006 to help VWOs achieve better organisational efficiency and cost savings. Currently, 25 service providers offer discounts and free help to the member VWOs.
The top three services with the highest cost savings in the first half of FY2013 are financial audit services ($169,000), information technology hardware purchases ($113,000), and governance and internal audit services ($84,000).
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