Practical Implementation
Debt Management Improvement
June 11, 2016
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Ducharme can assist entities with municipal revenue and debt collection and debt management cycles. This include support on items such as:
- Controls for reviews of debtors age analysis.
- Controls for debt outstanding for more than 90 days.
- Councillor involvement regarding outstanding debt.
- Assess CFO support for debt management and other necessary reviews
- Assess information submitted to management/council
- Control over credit control functions.
- Controls over existing payment arrangements.
- Controls over the notification to oversight parties of outstanding cases
- Control over prescribed collection costs during the debt collection process.
We can also provide support on the other related and interlinked cycles, which include customer management (consumer data, registration, indigent), billing and revenue collection, loss management, etc.