Streamline mAhead

Customer Challenges

What is Streamline mAhead

Streamline Municipality is a platform that guides municipalities for future activities and assists them to achieve their service delivery mandate.

We are currently in the fourth Information Revolution era, where digitisation is the norm. Streamline Municipality offers advanced analytics and scenario modelling to answer the question: What can be done to improve Municipal Financial Performance?

Benefits

  • The Adapt IT Municipal Forecasting and Reporting Model, with built-in analytics, uses three forecasting methods: Prior Year Actuals; Current Year Actuals; and Adjusted Budget Numbers to calculate the forecast

  • The Model evaluates the different scenarios based on the three forecasting methods applied, and visually presents the outcome of each forecasting method

  • Municipalities can test and plan for best and worst scenarios with impact thereof

  • Adapt IT Municipal Forecasting and Reporting Model provides C-Schedule reports, and also offers data interpretation and analysis in a form of visualisations including: graphs, charts and dashboards.

  • Municipalities are enabled to accurately forecast their revenue and expenditure to empower them to achieve their service delivery mandate and improve financial performance

  • The Model increases agility - enabling quick adaptation to the ever-changing environment by taking corrective action where required

  • Municipalities are able to track and analyse trends over time with respect to expenditure patterns, revenue collections and cash flows

  • Forecasts provide information that can mandate

  • The Adapt IT Municipal Forecasting and Reporting Model, with the built-in analytics, uses three forecasting methods

  • These models are based on Prior Year Actuals, Current Year Actuals and Adjusted Budget Numbers to calculate the forecast

  • The Model evaluates the different scenarios based on the three different forecasting methods applied, and visually presents the outcome of each forecasting method

  • This allows the municipality to test and plan for the best and worst scenario with impact thereof

 

  • Not only does the Adapt IT Municipal Forecasting and Reporting Model provide C-Schedule reports, it also offers data interpretation and analysis in a form of visualisations including:

    • Graphs

    • Charts

    • Dashboards.

  • The interactive reports, with drill down functionality, amplifies finances of municipalities in order to gain insight into their performance at a glance

  • Visual indicators and alerts provide insight into deviation from approved adjusted budgets and National Treasury norms

  • The Adapt IT Municipal Forecasting and Reporting Model integrates with the municipality‚Äôs ERP, where Prior Year Actuals, Current Year Actuals, Original and Adjusted Budget Numbers are automatically loaded

  • Forecast numbers can also be written back to the ERP

  • The starter bundle includes:

    • Five user licenses

    • 96 hours of consulting for guidance on transitioning to the new way of forecasting and reporting

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See ADAPT ITs Expense Management in action

What is Expense Management?
This quick explanatory video will put you in the picture.

Watch the video