Difficult to identify non-purposeful utilisation of available funds, mismanagement of collections and lack of cost containment
Limited availability of forecasts that provide information to assist municipalities in guiding future activities.
Lack of What-if Planning
Inability to simulate alternative scenarios with impact studies thereof.
Difficult data interpretation and analysis
What is Streamline mAhead
Streamline mAhead is a platform that guides municipalities for future activities and assists them to achieve their service delivery mandate.
We are currently in the 4th Industrial 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?
Automatically and consistently calculate forecasts. Simply select one of the three built-in forecasting methods: Prior Year Actuals; Current Year Actuals; and Adjusted Budget .
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
Streamline mAhead 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, empowering them to achieve their service delivery mandate and improve financial performance
Increase agility through the ability to quickly adapt to the ever-changing environment, 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
Streamline mAhead 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
WHAT-IF SCENARIO ANALYSIS
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 Steamline mAhead forecasting and reporting model provide C-Schedule reports, it also offers assistance with data interpretation and analysis in a form of visualisations including:
INTERACTIVE DASHBOARDS AND GRAPHS
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
AUTOMATIC LOAD OF ACTUALS AND WRITE-BACK TO ERP
The Streamline mAhead can be integrated with your municipality’s 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
See ADAPT ITs Expense Management in action
What is Expense Management?
This quick explanatory video will put you in the picture.