Streamline Municipality (or 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 Fourth Industrial Revolution, where digitisation is the norm. In this competitive environment, Streamline Municipality offers advanced analytics and scenario modelling to help municipalities in South Africa to answer the question: What can be done to improve municipal financial performance?
Customer Challenges
Analysis
Difficult data interpretation and analysis.
Funds
Difficult to identify non-purposeful utilisation of available funds, mismanagement of collections and lack of cost containment.
Limited Forecasts
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.
Streamline mAhead Benefits
Three Built-in Forecasting
The 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.
Evaluates
The model also evaluates the different scenarios based on the three forecasting methods applied, and visually presents the outcome of each forecasting method. This allows municipalities to test and plan for the best and worst scenarios, including the impact thereof.
C-Schedule Reports
The Municipal Forecasting and Reporting Model also provides C-Schedule reports, and also offers data interpretation and analysis in the form of visualisations, including graphs, charts and dashboards.
Accurately Forecast
Municipalities are able to accurately forecast revenue and expenditure to empower them to achieve their service delivery mandate and improve financial performance.
Increases Agility
The model increases agility – enabling quick adaptation to the ever-changing environment by taking corrective action where required.
Track and Analyse
Municipalities are able to track and analyse trends over time with respect to expenditure patterns, revenue collections and cash flows.
Streamline mAhead Features
Forecasting
Forecasts provide information that can mandate
The 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
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
Reporting
Not only does the Municipal Forecasting and Reporting Model provide C-Schedule reports, but it also offers data interpretation and analysis in a form of visualisations including graphs, charts and dashboards
Interactive Dashboards and Graphs
The interactive reports, with drill down functionality, amplify the finances of municipalities in order to gain insight into their performance at a glance
Visual Indicators
Visual indicators and alerts provide insight into deviations from approved adjusted budgets and National Treasury norms
Automatic Load of Actuals and Write-Back to ERP
The Municipal Forecasting and Reporting Model integrates with the 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
Consulting
The starter bundle includes five user licenses and 96 hours of consulting for guidance on transitioning to the new way of forecasting and reporting
