Is business intelligence driving your ‘smart city’ vision?
As we etch closer to realising Africa’s technologies-driven Smart Cities, there is an increasing need for data intelligence to improve municipal performance. Municipalities hold huge amounts of data which can be challenging to interpret, but with Inzalo’s Business Analytics (BA) tool, municipalities can sift through mountains of data helping them to make better informed, more accurate decisions.
Developed in line with Circular 93, this tool automatically populates the 34 required dashboard indicators contained in MFMA Circular 71. It combines data, Information Technology, statistical analysis, and computer-based models into one tool, for improved operational efficiency, standardised reporting, and assistance with predicting trends. From customer relationship and financial management, to supply chain and human resource management, BA improves your operational efficiency, uncovers trends, and provides standardised reporting for legislative purposes.
“Business Analytics offers the data, information technology, statistical analysis, and computer-based models you need to test decisions in various scenarios”.
At its core, the Inzalo BA tool is an integrated solution. Take financial statements, for example. It can produce GRAP compliant formats at the push of a button. With the information readily available on the system, one can generate statements daily, monthly, or quarterly. There is no need to import and export data, which definitely saves time.
The power of the BA tool lies in its simplicity
Its functionality caters to non-finance people; namely, Municipal Managers, Councillors, Portfolio Chairs, and even Ward Councillors. In the case of Ward Councillors, the BA tool lets them track project expenditure in their ward when required. Previously, reports submitted to council were a brief summation of account expenditure, but with the BA tool, councillors can breakdown expenses in a more meaningful way to account for every rand spent.
Suffice to say, business intelligence is a very critical tool in realising our vision of African smart cities. With BA, the process is now simplified so that anyone can interpret the data, and more importantly, make sound business decisions based on that. It’s just a matter of pulling the data.
For more information about our services, contact us