Grey District Council in New Zealand has invested in the MAGIQ Performance software suite to complete its 10-Year Long-Term Plan.
The Grey District is situated on the West Coast of the South Island, close to the foot of the spectacular Southern Alps. Greymouth is the largest town and commercial centre of the District and has a community of approximately 14,000 people. The District has a rich and colourful mining history dating back to early pioneering days in the 1860’s. While the mining industry continues to play a significant role, successful fishing, agriculture, manufacturing and tourism industries are all important contributors to the local economy.
MAGIQ Performance is a Suite of highly sophisticated and easy to use Budgeting, Financial Planning and Strategic Planning software. The MAGIQ Financial Planning application is designed to provide organisations with a flexible, highly automated application to model and produce both their Annual and Long Term Financial Plans.
“Since migrating to a new financial system we had previously produced our Annual Plan using a manual spreadsheet based system, however we could see that the 10 Year Plan was going to be a much more challenging and complex process,” said Ian.
Council undertook a detailed evaluation of several vendor applications before choosing to implement the MAGIQ Performance Suite, with integration to the Civica Authority finance system.
“Ultimately it came down to selecting a business partner that we were confident would be able to deliver the outcomes we needed in both the short and long term,” said Ian.
“The MAGIQ Software team demonstrated a real can-do attitude. They really impressed us with their positive outlook.”
“MAGIQ has provided us with a single integrated and fully automated financial planning system. All of our team leaders are now working in the same system, looking at the same data and can analyse right down to the transaction level if they need to,” he said.
Ian commented that the move away from manual spreadsheets to MAGIQ Performance is also positive from a business risk management perspective.
“Often the knowledge and understanding of spreadsheet systems resides with a single person. If they happen to win Lotto tomorrow and don’t come back to work, that knowledge can be lost.”
“On the other hand, MAGIQ Performance is used by more than 200 Councils including more than 20 here in New Zealand. So from a business risk perspective it makes great sense to invest in a system that plenty of people in our industry understand and have skills in.”