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SECTION 3. PLANS <br />REVENUE CONTROL PROCEDURES (CONTINUED) <br />CENTRAL FINANCIAL REPORTING SERVICES <br />No other parking operator provides auto- >- <br />mated online reporting of monthly state- Q : ?.. F _; <br />ments. Client Webftion'"; Central Park- *' <br />ing's proprietary web-based reporting sys <br />tem, provides our clients with a powerful <br />tool to track 23rd access their parking fi- .T"TM.m, M14 <br />nancial statements securely and accessibly; <br />from their offices. City of Santa Ana will be, <br />?.. °•_] <br />able to access WebVision"'via the Central' <br />MI ]YtYiil ifs <br />Parking website. A password protected °°"?^•-*^? .Y]. <br />profit and loss statement for each man- .« <br />f==9's <br />aged location is available as well as a con-'' <br />1'XftY-RACE Y119 <br />solidated portfolio statement with multiple', <br />lots. Clients have the ability to "drill down" <br />f Y-liIRMA YRi <br />by revenue and expense line items. This <br />feature allows the user to view the details =- <br />fM°-f?-N/fYOi tT t0"ry) f11O? <br />supporting each type of revenue and ex- <br />pense recorded on the financial report. For <br />expense items, the lowest level of drill <br />down is the actual scanned image of third party vendors. <br />INFORMATION TECHNOLOGY AND INTERNAL AUDIT <br />FnanciatCentralI'" is Central Parking's number 1 priority and is only complete with strong internal audits. Every location, <br />every city, every region. and every department is consistently tracked and audited as to the integrity of its financial <br />controls and its compliance to company's stringent reporting requirements. Central Parking has been an innovator of <br />monthly parking billing programs as well as standardized cash reporting, credit card transaction reporting and security as <br />well as activity reporting for every location. All Central Parking locations utilize the same procedures and information <br />technology. This is critical in maintaining consistency of systems for our clients' benefit as well as our internal audit <br />controls. Cash deposits, credit card transactions, and checks are monitored and reported on a da ly basis to insure <br />accuracy and security of our clients' funds. Central Parking has developed several internal control systems, including <br />CARST" - our industry standard monthly billing and account receivable program, TrinTechTM - our internal audit reporting <br />system that captures daily deposits of cash, credit and check per location and automatically compares to daily banking <br />transaction, and DCRT"' - our proprietary system of reporting every locations transactions and revenue. These step-by- <br />step procedures demonstrate Central Parking's detailed and extensive efforts to maintain cash control. Through our <br />TrinTech"m and DCRI" information technology platforms, every location's activity and deposits are recorded and checked <br />daily. Central Parking's internal audit team provides surprise location and city audits to test compliance. Spot audits are <br />performed on a regular basis by Operations Manager and Regional Managers. <br />CENTRALIZED ACCOUNTS RECEIVABLE SYSTEM ("CARS") <br />Central Parking System's proprietary permit parker billing system is called CARST"'. CARST", is a <br />supercharged, Windows based program with a robust set of features which includes large scale <br />reporting capabilities. The CARSTm application undergoes testing by outside auditors each year <br />to ensure the company compliance standards as well as credit card data compliance. <br />PARKCENTRALTm - MONTHLY PARKING PAY-ON-LINE y??IN <br />Central offers a convenient online payment option and other on-line benefits to its monthly III' <br />parkers. ParkCentrai'^' can be accessed via the our website at www.parking.com by click- <br />ing on the Monthly Parker Online icon. Current Online AdvanLa es: Manage own account - <br />Review invoice at a glance - Enroll in e-Billing - Pay current invoice or se= up automatic <br />payments online. Additional Features include: Corporate accounts can add, change, or Pay Onllnel <br />delete parkers online - Update vehicle information - Set up apto payments via credit card or electronic payment (ACH) - <br />Cancel account. <br /> <br />s.e...rY <br />t°oww-.Kb <br />A...Ja 3M <br />AM 0~ WY TM. <br />.? r. 112"23 lifmad mmm Duna 401"40 Y]iMAS <br />38AWM 23,-m Km WAS t5i"m 1)]-40 <br />..1 17.fim N"m ),17fm m"40 i]0m U23640 <br />tau 2540 1Ym Mo 2540 Mm cam <br />CM 3% a6z" (In <br />W&J"_ _0A lots <br />-elm" mono as"" <br />1,1040 7IDlm ill/ <br />Page 4 <br />25D-92