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What is RevenueTrack?

Improve the recovery of revenue and increase operational efficiency by automating tasks associated with identification, invoicing, receivables, and delinquency management. Through the implementation of a robust automated cross-referencing system, paired with the software's ability to optimize workforce allocation, the City can successfully recover revenue that may have been previously ignored or improperly allocated. The RevenueTrack™ process ensures that accounts and revenue data are automatically logged, removing the need for extra data entry staff or burdening current employees with overtime to manage new accounts identified via RevenueTrack™. PSI offers its services at a competitive fee of 12.5% of the new benefits generated from RevenueTrack™, which is notably lower than the 20% to 25% fees charged by conventional auditing companies. Moreover, enhanced training for staff will support the efficient correction of discrepancies at the 12.5% rate, resulting in a rise in adjustments related to misallocated situs sales and use taxes. This efficient method not only reduces expenses but also allows the City to redirect its focus toward more strategic projects, ultimately fostering sustained growth and stability. By leveraging technology and training, the City can position itself for a brighter financial future.

What is Neural Technologies?

Neural Technologies presents cutting-edge solutions that enhance revenue generation potential for businesses in an increasingly digital landscape. Effective enterprise financial planning must incorporate strategies for revenue protection, as estimates indicate that revenue leakage can result in losses of 15-20% of total revenue for companies annually. Such losses can have a substantial financial impact, particularly on large corporations. To address this issue, Neural Technologies offers Revenue Protection products that equip businesses with sophisticated financial risk management tools aimed at minimizing losses and discovering new revenue opportunities. The Optimus Revenue Protection platform leverages artificial intelligence and machine learning to pinpoint areas susceptible to revenue loss. Through the application of advanced analytics and neural network behavioral modeling, it effectively identifies weaknesses within the revenue stream. By enabling businesses to detect and address revenue leakage in real-time, companies can swiftly reclaim lost funds, ensuring their financial health remains intact. This proactive approach not only mitigates current losses but also fortifies future revenue streams.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

Windows

Supported Platforms

Not specified

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

Progressive Solutions

Company Location

United States

Company Website

www.progressivesolutions.com/products/RevenueTrack/

Company Facts

Organization Name

Neural Technologies

Company Location

United Kingdom

Company Website

www.neuralt.com

Categories and Features

Government

Not specified

Categories and Features

Risk Management

Not specified

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