Association April 2017 1. Who Are We? 3 Who Are We? Inform CPI - - PowerPoint PPT Presentation

association
SMART_READER_LITE
LIVE PREVIEW

Association April 2017 1. Who Are We? 3 Who Are We? Inform CPI - - PowerPoint PPT Presentation

IRRV East Anglian Association April 2017 1. Who Are We? 3 Who Are We? Inform CPI Ltd A unique supplier of rating software Based on all valuation list information for every property in England, Scotland and Wales All lists


slide-1
SLIDE 1

IRRV East Anglian Association

April 2017

slide-2
SLIDE 2

1. Who Are We?

slide-3
SLIDE 3

Who Are We? ▸Inform CPI Ltd ▹ A unique supplier of rating software ▹ Based on all valuation list information for every property in England, Scotland and Wales ▹ All lists since 1990 ▹ Over 70 employees ▸The IRRV ▹ Working in partnership since 2013

3

slide-4
SLIDE 4

Who Are We? ▸Analyse LOCAL ▹ 171 Client Councils across all services ▹ Clients in East Anglia:

4

Babergh Kings Lynn and West Norfolk Broadland Mid Suffolk Cambridge City South Cambridgeshire Ipswich

slide-5
SLIDE 5

2. What can we do to help?

slide-6
SLIDE 6

What do we do?

Forecasting: ▹ 2005 & 2010 List Appeals ▹ 2017 CCA ▹ External Auditor assistance RV Finding: ▹ Missing and under valued assessments ▹ Descriptive Reports ▹ VOA assistance

6

All Account Managed and accessible via an Online Portal!

slide-7
SLIDE 7

Forecasting

slide-8
SLIDE 8

Forecasting

Time Saving

Due to a structured system, generated algorythms process through the data to output analysis with a rapid turnaround

VORs & Rating List Trends

Using comparable data, both locally and nationally to identify patterns in settlements

Accuracy

Ongoing monitoring of accuracy with reporting impending in development

8

Reporting

Access to data behind forecasts provided each month via online portal.

Audit

Close relationship with External Auditors to provide consistent methodology and approach.

slide-9
SLIDE 9

Number of Outstanding Appeals

9

Before we consider those not yet listed!

slide-10
SLIDE 10

Average % Drops

10

Before we consider those not yet listed! 13% 32%

slide-11
SLIDE 11

RV Finder

slide-12
SLIDE 12

RV Finder

12

▸ Rating List Maximisation

RV

▸ Access to supporting evidence ▸ Case management system ▸ Team of 40 Analysts, with over 50 different resources!

slide-13
SLIDE 13

RV Finder

13

All available online!

slide-14
SLIDE 14

RV Finder… so far!

14

additional RV into the rating list

£120m

additional liability generated

£132m

Awaiting valuation

£80m

slide-15
SLIDE 15

RV Finder… what might be missing?

15

Phased developments

slide-16
SLIDE 16

RV Finder… what might be missing?

16

Former Agricultural Land

slide-17
SLIDE 17

RV Finder… what might be missing?

17

Internal Changes

slide-18
SLIDE 18

RV Finder… what might be missing?

18

Operational Land & Central List

slide-19
SLIDE 19

5. Other Benefits

slide-20
SLIDE 20

RV Finder

20

Expertise

All clients have access to a wealth of knowledge; from the team of Analysts, through to ex- Finance staff

Access to data

Analyse, our rating database, can be included in any package and installed on the Council’s network

IRRV Training Portal

Access to the basic Business Rates training modules

slide-21
SLIDE 21

Any questions? You can find me at: l.gorham@informcpi.com 0203 056 6890 07595 884 832

THANKS!