Recovering Money and Managing Revenue Risk

Maximising an organisation’s annual turnover involves tight monetary management practices including accurate data for closely tracking and monitoring payments, streamlined procedures for recovering money, and effective policies and processes aligned to supporting the business’ financial position.

From our experience, often the quickest path to increasing net profit is not by expanding cash flow but to limit controllable revenue loss. Revenue risk consulting is a forensically based process designed to review actual events and processes in an organisation’s revenue chain.

At Total Risk we provide a wide range of business consulting services centered around minimising revenue risk.

Our revenue risk consulting services include:

• Strategic Review:  Reviewing an organisation’s revenue assurance initiatives and accountabilities, identifying strengths and weaknesses, designing future revenue assurance models, and developing policies and processes based on industry best practices.
• Organisation Assessment:  Includes examining all core revenue processes in the organisation, undertaking site investigations and audits, identifying and quantifying areas of revenue loss. Throughout this process we maintain a focus on issues that can provide an immediate financial return.
• Recovery and Implementation:  Encompasses identifying and quantifying revenue loss areas, establishing and managing revenue recovery programmes, overseeing data integrity and clean-up projects, and undertaking a full review of key financial processes.  Mediation and negotiation services are often required as part of this process.
• Staff Training: Training of key staff who manage or impact on revenue risk.

For more information about our revenue risk consulting services, please Contact Us.  Our services are supplied throughout New Zealand (NZ) including Auckland, Wellington, Christchurch and all other regions.