The government agencies have no excess of operating under a microscope with every decision, such as public, media and course of representing scrutinizing. They need to a business decision and better fiscal scale by all large organizations. Consider the scope of a private company can be taken into account of a complex range like political, social and legislative. The sector can affect the creative, innovative and strategies take longer than expected. How the government sector can provide service quickly, efficiently and manage an audit trail and engaging with customers?
1. Migrate receipting channels- Deliver services such as face-to-face, telephone or online.
2. Put on the plastic- Cards make very easy to track of spending, visibility over transaction and reconciliation. They create an audit trail and compliance with purchase policy.
3. Payment reconciliation can be improved- The BSB used to allocate an account number and bank branch. From business, the incoming payments can allocated, then save time.
4. Supply chain facility can be used- Many local and State governments have policy to use local suppliers. The agency can extend the cash flow and maximize the return funds.
5. Lease instead of buy- The lease provider can collect the equipment, agencies and also save the cost of paying from another provider to dispose the equipment.