Melton City Council has implemented MAGIQ Capital Budgeting as an addition to their MAGIQ Performance budgeting, reporting and planning solution.
MAGIQ Capital Budgeting provides Council with many financial operating efficiencies such as the ability to:
- Track project actuals to budgets on a timely basis to assist decision making.
- Provide quarterly forecasting on projects to accurately monitor cashflow requirements.
- Consolidate project reporting and financial data via a ‘single source of truth’.
- Budget, report and monitor project performance over the ‘whole of life’.
- Establish project funding requirements and report intra-period variations for approval.
MAGIQ Capital Budgeting allows the finance team at Melton City Council to maintain better control over their capital projects – reducing risk and providing positive financial outcomes for Council’s ratepayers.
About MAGIQ Software
With offices in New Zealand, Australia and the USA, MAGIQ Software provides a market-leading Public Sector Cloud Platform 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.
To find out more about MAGIQ Capital Budgeting or MAGIQ Software’s Public Sector Cloud Platform or to book a demonstration, call the MAGIQ Software sales team on +61 3 9468 9401 in Australia or +64 6 835 9380 in New Zealand or send an email to email@example.com.