In an effort to cut departmental costs, UW-Madison has signed a contract with Huron Consulting group to examine the university's financial productivity.
To help offset the $125 million cut in state funding, Chancellor Biddy Martin said the university would increase efficiencies, tuition and budget cuts.
The university hopes with Huron's help, it can develop organizational structures, business processes and staff competencies to foster efficiency.
UW-Madison will aim to improve administrative structure, accounting and financial reporting, human resources, facilities, construction management, information technology, internal auditing and budgeting and procurement, among other areas, according to a statement.
To ensure Huron meets UW-Madison's expectations of organization and operation, three groups will advise the project.
According to the university, a steering committee including Martin, Provost Paul M. DeLuca Jr. and Vice Chancellor Darrell Bazzell, and will oversee the effort on behalf of UW-Madison.
An advisory committee with representatives from shared governance and labor will offer perspectives to inform Huron's analysis and test the consultant's recommendations.
Faculty, staff, students and other stakeholders will collect data and work through potential solutions with Huron.
