Innovative Solutions for Municipalities: Munsoft Presentation Highlights
Dive into the latest advancements in municipal financial management with insights from senior executives of Munsoft. Discover formal partnerships, strategic decisions, progress updates at pilot sites, and early adopters of mSCOA in this comprehensive overview.
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Presentation Transcript
Munsoft Presentation IMFO - 2016 Presenters Nadia du Toit : Senior mSCOA Executive Peter Balt : CEO Munsoft
Public Sector MMunsoft mSCOA Release 6.0 48 Municipalities in South Africa 1 in Swaziland Mbabane Town Council 3 in Namibia Otjiwarongo, Caprivi & Otapi Same System for all Countries & mSCOA
Formal Partnerships Over Formal Partnership Formal Partnership Formal Partnership Business Agreement in place Business Agreement in place Business Agreement in place Munsoft Licenced to sell TGIS Software as component of Munsoft Munsoft Licenced to sell Caseware as a component of Munsoft PayDay licenced to Munsoft as Munpay
10 Strategic decisions taken Will be same system(Upgrade) run in Pre & mSCOA Mode Old functionality must remain in-tact same Look & Feel Accommodating old and new chart in same database/system Can still transact in Prior Year pre mSCOA Maintain Opening Balances Generate mSCOA Opening Balances automatically All mSCOA Data & existing database backed-up to DR Centre Increased field sizes database changes for all segments done Adopting the GUID no Homebrew short code or NT A/C No Project driven - Developed universal search engine Use of Quick links for Cashiers pre aligned to mSCOA Segments
Progress at Pilot Sites Nkangala DM - Middelburg mSCOA Segments were adopted Old Votes were aligned to mSCOA Elias Motsoaledi LM - Groblersdal 3 year comparatives were Migrated to mSCOA Draft Budgets for 2015-16 were captured Setsoto LM - Ficksburg Used New mSCOA Report Writer for monitoring Projects linked to IDP Programs amended to transact on mSCOA Rolled over and transacting live since July 15 Uploads to NT Portal & Budget Formats happening First Y/E on mSCOA Audit process under way
Early Adopters on mSCOA Thulamela - LM ABAQULUSI LM MAKHADO LM MKHONDO LM Uthukela - DM Waterberg - DM Endumeni - LM Dannhauser - LM Alfred Nzo - DM Mamusa - LM Mahikeng - LM
mSCOA as multi-dimensional MSC Municipal Standard Classification Project To what project does the entry relate to? Function Against which function/sub- function should the entry be recorded Costing Impact of transaction on secondary costing. Item Nature of the transaction? Regional Lowest Geographical area who benefits from transaction Funding What is the source?
Funding Segment mSCOA enables to extract information on transactional level per source of funding FUNDING SEGMENT Managing revenue and cash streams more effectively Operational Enable the monitoring of funds Capital vs Operational Capital Non Funding
Thank You It is not just the strongest of the species that survives, nor the most intelligent that survives, It is the one that is most adaptable to change . Charles Darwin
