THE BENEFITS OF THE RECLAIM SERVICE

The value that Your Organisation will derive from the successful completion of this exercise will include but not be limited to the following

• The management is able to identify leakages from its bank accounts and plug them.
• There are more funds available for your use since wrong charges have been identified and corrected.
• It reduces the company’s cost of business. This is particularly true since there would be a marked reduction in VATs, COTs and other debit interest charged on the account.
• A direct result of point (3) above is the increase in profit and liquidity which are very strong benchmarks in accessing the company and its management.
• It eliminates any room for collusion, fraud or manipulative errors in the bank and cash accounts.
• The banks would be put on the alert since they know the company is alert to its deposits with them.
• Owners of funds and lenders such as providers of grants have increased confidence that all grants and loans given would be judiciously used and maintained to repay back all loans and dues.
• The public image of the Board of Directors and the Management is increased since it has shown its will and competence to maintain and safeguard the company’s assets, including cash at bank.
• It increases in leaps and bounds the confidence the stakeholders, particularly the shareholders have in the company.

 

Email: tex@soltaireconsult.com