Timaru District Council has selected MAGIQ Performance Cloud to manage its budgeting, reporting and financial planning processes.
MAGIQ Performance Cloud will integrate directly with CIVICA Authority to provide budgeting, reporting and comprehensive financial information for better planning and effective decision-making.
The MAGIQ Performance solution provides visual reporting and modelling in real time, providing instant information to all stakeholders, not just financial decision-makers.
Highly visual, contextual reports, charts and dashboards allow users to analyse information quickly and view and report information in multiple formats.
Council has chosen to implement additional modules: MAGIQ Capital Budgeting and MAGIQ Financial Planning.
MAGIQ Capital Budgeting will allow Council to track project actuals to budgets on a timely basis and provide quarterly and ‘whole of life’ forecasting and consolidation of project costs to establish succinct funding requirements.
MAGIQ Financial Planning will provide Council with highly flexible planning periods to meet long-term plan requirements – 5, 10, 20, 30 or longer and generate ‘what if’ financial planning scenarios.
Through the deployment of MAGIQ Performance Cloud, Council will experience:
- reduced risk with all financial data stored in one place
- improved data quality and consistency
- immediate reporting on all financial data to multiple stakeholders
- a more efficient planning and budgeting process
- faster budgeting turnaround times
- effective cost monitoring
- secure access from any browser, 24/7
- less time creating financial data and more time to spend reviewing financial data
- greater financial visibility across functions and departments.
We look forward to helping Timaru District Council to improve their business efficiency with MAGIQ Performance.
Want to find out more about MAGIQ Performance? Watch a video here.
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 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.