Key Financial Governance Challenges

Consolidation of information is a manual and intensive process

The process is lengthy and error prone, leading to poor decision making
Inability to comply with New Local Government Municipal Budget & Reporting regulation (Gazette No 32141 dated 17/04/2009)
Limited ability to do financial and predictive analysis
Limited ability to align IDP (Integrated Development Plan) with the budgeting process
No dashboard facility to enable Executive Stakeholders to monitor KPI’s (Key Performance Indicators)

Click here to download our Brochure:

Benefits

Enable bottom-up and top-down planning.
Enable a planning process that is validated against strategic objectives of the Municipality and provides predictability into long range forecasting or plans, (15 – 20 years).
Apply various historical or industry scenarios to impact reasonableness of budgets.
Ability to ensure Key Ratios are intact.
Accelerate decisions – With a single source of truth, users can reduce planning cycles, obtain real-time insights and make more informed decisions.
Collaborate in every way – Use of a single solution in place of point solutions allows users to integrate multiple data sources and align top-down strategies with bottom-up execution.
Be agile – Users can easily perform data analysis, use what-if scenarios, and adjust plans and forecasts in real time to anticipate or adapt to change