Revenue Assurance · Panaji, Goa
Targeted revenue audits that find and recover income leakage — verifying interest, charges, billing and collections for banks, NBFCs and businesses across Goa, so no rupee you've earned goes uncaptured.
Overview
Revenue rarely leaks in big, obvious ways — it drips away through wrong interest rates, un-levied fees, under-billed contracts and unrecorded sales. Across thousands of transactions, that drip becomes a flood. A revenue audit finds it, quantifies it, and helps you recover it.
N D Savla & Associates delivers focused revenue audits and revenue assurance for banks, NBFCs and businesses in Goa — examining pricing, billing and collection controls. It pairs naturally with our concurrent audit and internal audit services.
Verifying correct application of interest rates, fees and charges across accounts.
Checking that all goods and services are billed accurately and completely.
Matching amounts charged to rate masters, contracts and approved terms.
Identifying and quantifying under-recoveries, missed fees and unrecorded income.
Reviewing collections and reconciling income to records.
Recommendations to recover leakage and prevent recurrence.
Our process
Define revenue streams and gather transaction data.
Test rates, charges, billing and contract compliance.
Identify and value under-recoveries and missed income.
Recovery actions and control recommendations.
Frequently asked questions
A focused examination of an organisation's income to verify that all revenue due has been correctly billed, recorded and collected. It detects income leakage — under-charged interest, missed fees, billing errors, unrecorded sales — and recommends recovery and fixes.
Banks earn from interest, commissions, fees and charges across thousands of accounts, where small systemic errors cause significant leakage. A revenue audit checks correct application of rates and charges, finds under-recoveries and helps recover lost income.
Revenue an organisation is entitled to but fails to capture — interest at the wrong rate, fees not levied, services billed below contract, or sales not invoiced. Revenue audit quantifies and helps plug it.
A statutory audit opines on the overall financial statements; a revenue audit zooms in on income — its completeness, accuracy and timely recognition — as a targeted revenue-assurance tool.
Banks and NBFCs, hotels, hospitals, subscription and service businesses, and any organisation with high volumes or complex pricing — to protect margins and ensure no income is lost.
Pricing and rate masters, billing and invoicing, interest and charge application, discounts and waivers, contract terms versus amounts billed, collection and reconciliation, and revenue-recognition controls.
Often, yes. By identifying under-charges and missed billing, it highlights amounts that may be recoverable from customers or borrowers, while preventing future leakage through stronger controls.
Yes — revenue audits and revenue-assurance reviews for banks, NBFCs and businesses across Panaji, Margao, Vasco, Mapusa, Ponda and the rest of Goa.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll run a revenue audit that finds leakage and protects your margins — no obligation.