The Monitor Solution streamlines and automates cost allocation and recovery operations for chargeable services within your organisation, boosting your bottom line. This can be realised in the following ways:

Cost recovery

  • Allocation of chargeable services to clients, staff and students
  • Ability to allocate differentiated charges for variable services eg black & white, colour, multiple copies, etc
  • Ability to charge different users variable costs eg students, staff, casual users, etc

Revenue collection

  • Ability to generate revenue by charging a premium on chargeable services
  • Identification of revenue generating activities & locations
  • Locally dispensed cards can be charged for
  • Casual users can be charged at a higher rate for services
  • Encourages utilisation of multiple services by users
  • Collecting value in the system from users, provides an opportunity to invest & profit from the resulting float fund

Efficiencies

  • Identification of the real costs of services provided
  • Enforcement of use and price policies
  • Optimise overheads of cash collection on line & at central paystations
  • Decrease maintenance costs of servicing through remote access
  • Save time and money by eliminating costly labour intensive data gathering and calculation procedures
  • Informed decision making
  • Dramatically improve cost recovery
  • Decrease wastage

New Services can be provided with confidence in the knowledge that the income will always be greater than the cost of providing that service.