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Local government budgeting – councils turn to Cloud

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Two local government councils will cut costs and simplify their local government budgeting after signing up to Financial Driver – for an innovative Cloud-based financial planning solution. The Shire of Donnybrook-Balingup and The Shire of Bridgetown-Greenbushes in Western Australia, have bought an annual license to use Financial Driver through our Australian partner and distributor, Management Technology Solutions. Wayne Wright, owner of Management Technology Solutions, who has over 30 years’ experience in accounting, information technology and business management at state and local government levels, will help the councils set up easily adaptable frameworks to enable them to meet statutory reporting requirements. These frameworks will be exported as templates for other councils planning to manage their own finances internally in the future.
Problems experienced by the Australian councils are typical for the public sector anywhere in the world. The complexity of inter-related spreadsheets and formulas, often created by external advisors, make it impossible for staff to understand and they’re scared to make mistakes, or make any changes. This means the council is often hamstrung and can’t be proactive or react quickly to developments in its financial planning. The council often also doesn’t have a good overview of its financial needs, because they have to consult hundreds of spreadsheets to get the big picture and there is a great risk of inaccuracy.

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Local government budgeting solutions

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Financial Driver is ideal for the public sector because it’s a low-cost financial planning, budgeting and reporting solution that’s quick to implement and easy to learn. A Cloud-based application is available 24/7 and there is no need to install or maintain expensive software. The councils can also expect a reduction in IT management costs, because the product is intuitive and there is no need for updates, maintenance or ongoing training post the set-up phase. Because councils are constantly under pressure to reduce costs, they’re always looking for innovative ways of doing things. Financial Driver has the ability to empower local government staff because it is a simple, easy to use solution that can even be comfortably used by non-accountants. Financial Driver can provide local government with the tools to do financial planning in a cost-effective and efficient way. For more information about local government budgeting solutions or information about Financial Driver contact us