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Page Number 567
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Improving the Quality of Decision Making

Sound financial management and governance is the bedrock on which successful companies rest. The prudent application of procedures covering the authorisation of spending in all areas of company operations, together with accurate allocation of that spending, is essential to present a “true and fair” picture of the company’s trading position.

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Finance

Our services in the field of financial consultancy in brief:
_ Establishment of an efficient billing and accounting system that takes into account the introduction of a balanced tariff policy
_ Implementation of best practices in customer service activities and the efficient operation of customer service centres
_ Providing best practice and key performance indicators in business processes
_ Operational cost analysis and revenue generation performance
_ Analysis and design of tariff structure

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Tariff Study

Pricing of water and sanitation services is based on a number of factors, such as depreciation, operation and maintenance costs, re-investment and profit. The determination of price of the service for a particular segment of the customer profile may vary according to the objectives of the utility and political and social criteria.

A tariff analysis study is an interactive process, involving intensive data requirements and diverse inputs from all the departments of a utility and external stakeholders. The objective of such a study is the formulation of the best possible pricing policy within the given set policy objectives and constraints.

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Accounting and Financing

We provide the following services:
_ Socio-economic assessment of user structures, demand patterns and affordability
_ Tariff studies
_ Subsidy allocation
_ Cost accounting
_ Cost allocation
_ Introduction of accounting and financial (business) planning
_ Feasibility studies
_ Training of financial management staff

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