MAGIQ Software has today announced a major new release of its market-leading MAGIQ Performance Suite of Budgeting, Reporting and Strategic Planning software.

Purpose-built for the Finance team, the MAGIQ Performance Suite provides a single highly automated strategic financial management framework to help public sector organisations track, measure and analyse organisational performance.

MAGIQ Performance Version 5 includes a significant range of new usability, functionality and system improvements.

A contemporary new user interface and simplified navigation provides a more intuitive user experience. Improvements to the MAGIQ Budgeting, MAGIQ Reporting and MAGIQ Strategic Planning systems further extend the software’s deep strategic financial management and organisational reporting capabilities.

The publishing capabilities of the Suite have been enhanced with the delivery of the new Publisher module.  Publisher simplifies the production of organisational documents such as Annual Reports and Operational Plans with automated updating of business information.

The Version 5 Release also introduces the innovative new MAGIQ Data and MAGIQ Reporting Platforms. The new Platforms provide the Finance team with the ability to easily deliver reporting across additional organisational business systems and data sources.

“Version 5 is another very exciting stage in the evolution of the MAGIQ Performance Suite. The Product Suite has traditionally delivered deep product functionality to meet the diverse and complex financial, operational and statutory requirements of the public sector,” said Colin Lillywhite, Chief Executive Officer MAGIQ Software.

“Version 5 significantly extends these functional capabilities and is a fantastic achievement for our team who have worked very hard to deliver the release.

I’m particularly excited by the introduction of the Data Platform. This is very innovative functionality that will allow our customers to connect easily to all modules in their ERP systems, turning MAGIQ Performance into a more valuable cross platform reporting suite,” said Colin.

More than 500 public sector organisations in Australia, New Zealand, the US, the UK, Singapore and South Africa are using the MAGIQ Platform to meet their finance and administration requirements.