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Finance &Technology
2017-2021 FINANCIAL PLAN
FUTURE INITIATIVES, GOALS & OBJECTIVES
Implement Online Payments for
Accounts Receivable invoices;
Prepare and post a Request for Proposal
(“RFP”) for Banking Services;
Prepare and post a RFP for Credit and
Debit Card payment processing and ac-
quisition services;
Maximize return on investment
portfolio while adhering to all
governing policies and legislation;
Broaden operating revenue sources to
provide for growth–related needs; and
Assist other departments in obtaining
government grants;
ECONOMIC PROSPERITY & LIVELIHOODS
BUILT ENVIRONMENT & NEIGHBOURHOODS
Continue to provide oversight and lead-
ership in support of positioning the City
as a progressive, connected communi-
ty, making it attractive to wired and mo-
bile-enabled City employees, business-
es, residents and visitors;
Continue to explore online payment ca-
pabilities to allow residents to pay for
regular billings; and
Encourage vendors to submit invoices
and make bid submissions via email in
order to minimize paper usage.
ECOSYSTEMS
Continue to promote auto debit as a
payment method for metered utility
clients and explore other electronic
payment options;
Continue to reduce departmental
energy consumption and waste;
Continue to promote Financial
E-Services such as e-billing, invoice
submission, electronic fund transfers;
Encourage staff to make one
sustainable process improvement
each year;
Implement a paperless claim system;
Implement an electronic content
management system;
Streamline systems and eliminate
manual forms;
Continue to reduce the number of
hardcopies printed for various financial
documents, including the Annual
Financial Plan and Financial
Statements;
Include an appropriate sustainability
criteria into our solicitations to facilitate
and promote corporate sustainability
with our external stakeholders;
Continue to educate staff about
environmental issues; and
Continue to encourage vendors to
submit invoices and make bid
submissions electronically in order to
minimize paper usage.
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