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Debt Collection and Credit Control Mechanisms. Siyabulela Bashe Manager: Debt Management City of Cape Town South Africa. Presentation Overview. Debt Management Limiting Losses Revenue Protection Mechanisms Innovative Solutions Impact of legislation. Debt Management.
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Debt Collection and Credit Control Mechanisms Siyabulela BasheManager: Debt ManagementCity of Cape TownSouth Africa
Presentation Overview • Debt Management • Limiting Losses • Revenue Protection Mechanisms • Innovative Solutions • Impact of legislation
Debt Management • Policy and Standardised Processes • End to end Business Processes • Debt Book Analysis • Recoverable vs. Irrecoverable debt • Profiling of Debtors • Categorisation and Segmentation of debtors • Indigent support • Blanket and Targeted approach
Debt Management (2) • Data Integrity • On going data clean up • Evaluation of Challenges • Urbanisation • Unemployment • Find win-win solutions
Limiting Losses • Measure your losses • Water • Electricity • Isolate losses per area • Investigate all possible causes and find mitigation solution • Illegal connections • Effective punitive bylaw and policies
Revenue Protection Mechanisms • Accurate and timeous Monthly Billing • Limit of estimations • Inculcate a culture of payment • Standardise tariffs and charges • Implement a reliable Information Management Solution • Automated credit control and debt management module
Revenue Protection Mechanisms (2) • Focused Debt Collection Approach • Segmentation and targeted Collection • Government debt • Employee arrears • Collective responsibility towards Debt Collection • Improved Communication • Effective communication tools • Implement upfront Credit Control
Revenue Protection Mechanisms (3) • Accessible customer services • Call Centre • Contact offices • Third party payment facilities • Competent Staff : Continuous Training and Development • First time Contact Resolution
Innovative Solutions • Electronic System: • E- Services system • Mobile communication • Alignment of Systems • Property value chain system • Alignment of owner and billing systems • Revenue Management value chain system • Prepaid metering • Electricity • Water and Sewerage
Impacts of Legislation • Compliance to relevant legislation • Detailed Analyses of Court Judgments • Reviewing of Policies • Mitigation of Risks
Thank you & Questions