Government Receipts Management

Government Receipts Management

Enables governments to raise revenue and collect receipts

Government Receipts Management Overview


(GRM) Government Receipts Management 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.

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?

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.

What are the Benefits of Government Receipts Management?


Many governments have financial management systems to manage tax collection and other receipts. However, stand alone systems 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

How GovTech Improves Government Performance – By Closing the Governance Gap The public sector is ill-prepared to deal with the opportunities and challenges of government digital transformation. Read more. Read More
A-i3-qM Frugal Innovation and State Size What is frugal innovation in the public sector? Read more to find out Read More
ERP Failures in Government Many ERP implementations, even in the most advanced countries, fail. Read More

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