2017 KMBI Integrated Sustainability and Annual Report

Page 24

Kabalikat para sa Maunlad na Buhay, Inc.

Year in Review Management Services Group (MSG) Reinforcing the Foundation General Services Department KMBI follows best practices in engaging the services of suppliers, contractors and service providers. The General Services Department (GSD) procures the organization’s administrative and operational requirements with the primary consideration of acquiring high-quality products and services at competitive market price. The main elements of KMBI’s supply chain include logistics, internet and communications, building improvements and maintenance, off ice equipment and supplies, banking services, and health maintenance and insurance. The organization practices a proactive approach to procurement, dealing only with businesses of high repute and compliant to legal standards. With the logistical support of GSD, KMBI was able to set up the Regional Off ice in Davao. The department played a huge part in processing the leaseholds, permits, and licenses of the building.

To improve operational support, KMBI established its regional off ice located in Davao City.

To keep the Head Off ice in Valenzuela in good shape, KMBI through the GSD conducted a structural integrity test on the building. The GSD also made roof replacements and slab proofing on the Head Off ice.

Translating Numbers to Success Finance and Accounting Department The Finance and Accounting Department (FAD) keeps track of the organization’s economic performance through regular monitoring, timely, and accurate reporting of financial accounts. The department mobilizes KMBI’s financial resources to sustain the operations in the head off ice and branches. Through FAD, the organization introduced a new branch viability model for the Group Loan Program, allowing Program Off icers to enjoy the benefits of regularization even before hitting the target number of centers.

The BA and BAA Luzon Regional Meeting was held at the Development Academy of the Philippines (DAP) in Tagaytay City. The meeting was intended to identify new approaches to accounting procedures.

In the beginning of 2017, FAD placed an initial investment to Manulife for the retirement fund as one of the organization’s benefits. This signifies the organization’s deep care for its staff who dedicated a considerable period of time in support to KMBI’s mission and vision. To continuously enhance the knowledge and skills of accounting staff, FAD conducted an area-wide meeting of all Branch Accountants and Branch Accounting Assistants in June, followed by a region-wide meeting in November. Quarterly visitations to branches were done to monitor performance and provide assistance to accounting-related concerns.

Through the new branch viability model of the GLP, Program Off icers can enjoy the benefits of regularization before hitting the target number of members, thus improving client selection

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| 2017 Integrated Annual and Sustainability Report


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