Territory Stories

Annual report 2003-2004, Department of Corporate and Information Services

Details:

Title

Annual report 2003-2004, Department of Corporate and Information Services

Other title

Department of Corporate and Information Services annual report 2003 - 2004

Creator

Northern Territory. Department of Corporate and Information Services

Collection

E-Publications; E-Books; PublicationNT; Department of Corporate and Information Services annual report; Annual report

Date

2004-10-14

Notes

Made available by the Library & Archives NT via the Publications (Legal Deposit) Act 2004 (NT).

Language

English

Subject

Northern Territory. Department of Corporate and Information Services -- Periodical

Publisher name

Northern Territory Government

Place of publication

Darwin

Series

Department of Corporate and Information Services annual report; Annual report

Volume

2003/2004

File type

application/pdf

ISSN

1835-2332

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Northern Territory Government

License

https://creativecommons.org/licenses/by/4.0

Parent handle

https://hdl.handle.net/10070/231111

Citation address

https://hdl.handle.net/10070/669431

Page content

Financial Services 24 Graph shows the total value of invoices greater than 60 days and the Days Sales Outstanding (DSO), over the last four years. The trend shows that the establishment of the debt management unit continues to make significant inroads into reducing long-term debtors. DSO has significantly reduced from the previous year, which is attributed to improved processes within the debt management unit. Graph shows the total number of receipts processed and the number processed by each employee within the RTM over the last four years. The increase in the number of receipts processed aligns with the increase in the number of invoices raised and is supported by the success of the debt management team in recovering outstanding monies in a timely manner. The graph shows the number of debtor invoices paid on line and the average paid per month over the last two years. The Pay On-line facility has been updated with the introduction of BPAY, and has resulted in an 80% increase in usage for the 2003/04 financial year 0 1 2 3 4 5 6 7 8 2000/01 2001/02 2002/03 2003/04 D eb to rs a s at 3 0 Ju ne (0 00 's ) 0 10 20 30 40 50 60 70 N o D ay s > 60 Days DSO 0 20 40 60 80 100 2000/01 2001/02 2002/03 2003/04 R ec ei pt s Pr oc es se d (0 00 s) 0 2 4 6 8 10 Pr oc es se d Pe r E m pl oy ee (0 00 s) No Receipts Processed (000s) Avg Per Person (000s) 0 0.5 1 1.5 2 2.5 2002/03 2003/04 In vo ic es P ai d (0 00 s) 0 50 100 150 200 A vg p ai d pe r m on th No. invoices paid on-line Avg paid per month


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