Managing budgets and forecasting within any Local Authority is challenging at the best of times, circumstances of citizens are constantly changing, new government mandates and legislation are regularly released and you have a number of different systems handling revenue and debt.
Ensuring that your Council is on a solid financial footing is paramount and you need to have confidence in the accuracy of your data when financial modelling to help make the best business decisions. This is why councils are increasingly turning to the latest analytics and debt reporting tool ‘FUSION’ to get a real insight into their debt.
A Single View of Debt
FUSION works by taking data sources from all your debt systems including Council Tax, Benefits, Housing Rents, Parking Services, Non-Domestic Rates and more, to provide you with a single view of debt. This means you can accurately report on, not only where the debt is, but also what the likelihood of it being collected is, and when.