Professional Financial Management

Channel Property Management Ltd. has a hi-tech financial software system of internal controls to ensure an accurate processing of financial transactions and presentation of financial statements.

The following financial management services are available for your corporation:

• Channel will prepare all payables within 30 days of receiving the invoices
• Channel will ensure that the Corporation will not pay any late penalties for hydro, gas, and water bills
• Channel will ensure that the Corporation receives its maintenance fees on time, and will guarantee to collect the arrears, if any
• Channel will prepare all financial documents for the auditors
• Channel will present its common practice for collection
• Channel will provide procedures and systems for its internal controls
• Channel will advice the Corporation to invest its Reserve Fund with an external financial institute of their choice
• Channel will provide technical expertise to the Board with our developed investment policies
• Channel will present a financial plan to match investments with Reserve fund cash flow
• Channel will set up a pre-authorized payment system with standard bank charges
• Channel will make certain that the Corporation's property are insured by an appropriate insurance coverage