RevenueTrack Description
Enhance revenue recovery and boost efficiency by automating processes related to identification, invoicing, receivables, and delinquency. The integration of comprehensive automated cross-referencing with the software's capability to optimize staff resources will empower the City to reclaim previously overlooked or misallocated revenue. With the RevenueTrack™ process, accounts and revenue enhancement data are automatically recorded, eliminating the necessity for additional data entry personnel or imposing overtime on already burdened employees to input new accounts identified through RevenueTrack™. PSI charges a competitive fee of 12.5% of the newly realized benefits from RevenueTrack™ Services, significantly lower than the 20% to 25% fees typically demanded by traditional auditing firms. Enhanced staff training will further facilitate the completion of corrections at the 12.5% rate, leading to an increase in adjustments sourced from misallocated situs sales and use taxes. This streamlined approach not only saves costs but also enables the City to focus on more strategic initiatives, ultimately driving long-term growth and sustainability.
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