Purpose-built for the Finance team, the MAGIQ Performance Suite provides an extensive range of Budgeting, Reporting and Strategic Planning capabilities to help public sector organisations track and optimise their organisational performance.
The City of Ryde uses the MAGIQ Performance strategic finance software to successfully develop the organisation’s budget as well as produce month reporting and impart insightful and pertinent organisational data analytics.
Approximately 70 staff members at the Council utilise MAGIQ Performance to assist with building and reviewing budgets with the ability to compile the Council’s quarterly budget and make adjustments where needed.
According to Pav Kuzmanovski, the Chief Financial Officer at the Council, “MAGIQ Performance has enabled our finance team to perform analytics on different types of data sets to provide valuable information to Managers and the Executive Team. It has also allowed the City of Ryde to remove the onerous manual development of ad-hoc financial reports from its business processes and provides consistent reporting outcomes that can be presented in various formats, including dynamic spreadsheets and word documents that contain dynamic, real-time data.”
“MAGIQ Performance has enabled the City of Ryde to develop its budgets in a transparent manner. The reporting functionality allows the finance team to analyse the budget at any point in time and provides timely and meaningful information to the Executive Team and Management team in an efficient manner.
This includes providing reports in various formats to allow for the multitude of reports that City of Ryde is responsible for producing for its Integrated Planning and Reporting framework obligations.”
Key Business Outcomes
“MAGIQ Performance is used to deliver key business outcomes such as the preparation of the Council’s budget and the Quarterly Budget Review. The software allows for a simple process for non-finance end users to enter their budgets (including adjustments) and have them reviewed by Managers. The reporting also allows our finance team to overview and track any changes made.“
Key Features of the Software
“A key feature of MAGIQ Performance is its ability to “slice and dice” data into different layers and produce flexible reporting with “drop and drag” functionality without having to write code or scripts to extract the data as an end user.
Another key feature of the software is the ease of use for non-finance staff. MAGIQ Performance has been configured in an intuitive manner which allows for simple business processes that enable end users to be empowered while using the software.”
Future use of the Software
“The City of Ryde is currently reviewing our business practices and data management in a bid to streamline our processes. We are hoping to utilise MAGIQ Software’s Long Term Financial Planning module and other connectors to provide additional timely management reporting.“
Working with MAGIQ
“The MAGIQ Software team has always been flexible in working with the City of Ryde and always exceeds the expectations on project deliverables and ongoing service support. The proactive communications of the MAGIQ Software project team is excellent and the hand over process back to the City of Ryde is seamless. An excellent service all round!
MAGIQ Performance has provided the City of Ryde with a simple, efficient and effective financial and operational reporting tool that can be used across the entire organisation.”
About MAGIQ Software
With offices in New Zealand, Australia and the USA, MAGIQ Software provides Cloud Public Administration Platform software for the Public Sector to more than 550 customers.
We deliver appropriate software for each customer’s business size, capabilities and available resources, allowing our customers to accelerate their business efficiency, simply.