Government Receipts Management

Government Receipts Management

Enables governments to raise revenue and collect receipts

Government Receipts Management Solutions Overview


(GRM) Government Receipts Management software enables the unique revenue-raising mechanisms of government, such as taxation. The modules can be combined and configured in any way and can be progressively activated in line with a sequenced PFM reform program. Features include:

Non-Tax Revenue

Non-Tax Revenue

Supports government sales and other income including licensing and permits.

Tax Revenue

Tax Revenue

Supports tax administration for income, business, imports and property.

Billing and Receipts

Billing and Receipts

Supports receipts collection including utility billing, collections and cashiering.

Modules


(GRM) Government Receipts Management is one of the six core product pillars within the FreeBalance Accountability Suite™ and is composed of a number of modules that can be implemented as a standalone or part of a unified solution. The GRM pillar enables governments to raise revenue and collect receipts.

  • (GRRV) Government Receipts Management
    Supports revenue and tax collection.

  • (GRCS) Cashiering
    Manages payment methods, bank deposits, print receipts, and generates revenue budget execution transactions.

  • (GRPL) Permits and Licensing
    Manages corporate and professional academic permits and licences.

  • (GRCE) Customs Taxation
    Customs software that supports the processing of taxation and import taxes.

  • (GRCT) Corporate Income Tax Administration
    Improves revenue generations and enables tracking while reducing fraud and non-compliance issues.

  • (GRPI) Personal Income Tax Administration
    Provides case management functionality for revenue, payments and audits, and enhances fraud detection.

  • (GRPT) Property Taxes
    Calculates corporate and personal property taxes, with functionality for billing, maintenance, collections and distributions.

  • (GRBP) Bill Presentment
    Supports the electronic presentation of bills like statements, utility billing and to-date billing.

  • (GRCM) Case Management
    Assists with automated collections, correspondence and case details, and has a built-in workflow.

  • (GRCR) Customer Relationship Management
    Assists with e-sales and e-invoice functionality, and includes customer data management, workflow and reporting.

  • (GRUB) Utility Billing
    Supports billing for utilities like water and gas and provides automated collection management functionality.

What is Government Receipts Management?

What is Government Receipts Management?

The only sources of income of a government are the taxes it collects and sundry fees various departments and agencies charge for a variety of services such as utilities, permits, visas, fines, etc. It is therefore critical that these receipts are managed efficiently and effectively. Our GRM system offers tax administrations an integrated government revenue management software solution.

What are the Benefits of Government Receipts Management?


Many governments have revenue management systems to manage tax collection and other receipts. However, stand alone revenue management software present numerous challenges and the importance of having all financial management functions integrated into a single unified system is paramount. Benefits of FreeBalance’s Government Receipts Management modules include:

  • Taxation
    Supports income, property, custom, excise and sales taxes.

  • Customer and Taxpayer Management
    Manages citizen and corporate information and identity across revenue systems.

  • Government Sales
    Manages the sales of all government assets.

  • Collection Management
    Supports receipts handling, collections, invoicing, statements and dunning letters.

  • Permits and Licensing
    Manages all government processes that collect revenue – permits, licenses, certifications, user fees and fines.

Additional Reading

Public Expenditure Management The Importance of Public Expenditure Management Public expenditure management (PEM) is the process of managing all functions related to government spending and public expenditure control. Due to the unique needs of government – including budget and commitment controls – this exceeds typical accounts payable functionality common in the private sector which is why ERP systems designed for businesses often fail in… Read More
Picture of bombed building Government Resource Planning in Post Conflict Countries In countries emerging from conflict, the lack of an effective Government Resource Planning (GRP) system can lead to a range of problems, including the mismanagement of public funds and corruption which exacerbates poverty and civil unrest. A well-functioning GRP system is essential for any country looking to secure a sustainable future.  Read More
National debt vector illustration Unsustainable Levels of Public Debt – A Global Crisis Lurking behind every session at the Annual Meetings was the impact of the global public debt crisis on citizens. The question being asked by everyone was: how can governments and the international community deal with poverty, food insecurity, inflation, and climate change with disappearing fiscal space? Learn more. Read More

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