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SECTION 3, PLANS REVENUE CONTROL PROCEDURES (CONTINUED) CENTRAL FINANCIAL REPORTING SERVICES No other parking operator provides auto-" mated online reporting of monthly state- 0-- a ,... ments. Client Webftlon'"; Central Park I ing's proprietary web-based reporting sys tem, provides our clients with a powerful tool to track and access their parking fi- ... .,,,..,. nancial statements securely and accessibly "-' ?"' 9A9 901. from their offices. City of Santa Ana will be, ?-•n? able to access WebVisionT" via the Central WSJ *_S Parking website. A password protected ! O°°c rro wurnr ..r. f111.091M9IJ<} 9Li profit and loss statement for each man- -..,« aged location is available as well as a con-: . 1•v/rv. M /ICI'. IrYJ solidated portfolio statement with multiple'..n1..al".. cu,,.,. •.r lots. Clients have the ability to "drill down" r 9"s.rr.S"aw 9rzr by revenue and expense line items. This """""'1'°•"?? feature allows the user to view the details < $• supporting each type of revenue and ex. pense recorded on the financial report. For expense items, the lowest level of drill down is the actual scanned image of third party vendors INFORMATION TECHNOLOGY AND INTERNAL AUDIT Page 4 FinancialCentraiT'" is Central Parking's number 1 priority and is only complete with strong internal audits. Every location, every city, every region, and every department is consistently tracked and audited as to the integrity of its financial controls and its compliance to company's stringent reporting requirements. Central Parking has been an innovator of monthly parking billing programs as well as standardized cash reporting, credit card transaction reporting and security as well as activity reporting for every location. All Central Parking locations utilize the same procedures and information technology. This is critical in maintaining consistency of systems for our clients' benefit as well as our internal audit controls. Cash deposits, credit card transactions, and checks are monitored and reported on a da ly basis to insure accuracy and security of our clients' funds. Central Parking has developed several internal control systems, including CARS'"- our industry standard monthly billing and account receivable program, TrinTechm - our internal audit reporting system that captures daily deposits of cash, credit and check per location and automatically compares to daily banking transaction, and DCRm - our proprietary system of reporting every locations transactions and revenue. These step-by- step procedures demonstrate Central Parking's detailed and extensive efforts to maintain cash control. Through our TrinTechrm and DCRTm information technology- platforms, every location's activity and deposits are recorded and checked daily. Central Parking's internal audit team provides surprise location and city audits to test compliance. Spot audits are performed on a regular basis by Operations Manager and Regional Managers. CENTRALIZED ACCOUNTS RECEIVABLE SYSTEM ("CARS-) Central Parking System's proprietary permit parker billing system is called CARST' CARST1' is a supercharged. Windows based program with a robust set of features which includes large scale reporting capabilities. The CARSr41 application undergoes testing by outside auditors each year to ensure the company compliance standards as well as credit card data compliance. PARKCENTRALTm - MONTHLY PARKING PAY-ON-LINE Central offers a convenient online payment option and other on-line benefits to its monthly parkers. ParkCentrall"1 can be accessed via the our website at www.parking.com by click- ing on the Monthly Parker Online icon. Current Online Advantages: Manage own account Review invoice at a glance - Enroll in e-Billing - Pay current invoice or set up automatic payments online Additional Features include Corporate accounts can add, change, or Pay Onlinel delete parkers online - Update vehicle information - Set up auto-payments via credit card or electronic payment (ACH) - Cancel account. ..,1.111 w1rlsA Sjoa , 1,i7r 1IDrm 70!:31 • ai .1 s : _s R.9?YI?rJ9*a1 M*2a 2W Ma Ana 3'f9 H9 JCTWIL oaaff vr9v 41x9 010"T 3NWJIQ ..... c.: .?. n7Aa JOOmm n.r31123 071111016 91p01m 91Awa 9d11b.2f.T91i 7e?sm 79.®9m .cm 1®fim t51Jam q}ia• tl.fim J9AOOm 7,175m 5421Sm 4111COm U230 "'l'w? am Jam 405q 7559 711113D J7Mm1 t>~rrasrsoa a>; t!! J9 >• 25A-92