Why we target the Public Sector
National, regional and local governments face more serious security threats than other technology consumers do. In matters ranging from national defence to protection of citizens personal data, national governments must place security at the forefront of their information technology requirements.
When it comes to financial management for national or local public agencies, not any old system will do.
You need a consistent and flexible infrastructure that can meet regulatory compliance.
Praxis Computing has for the last 13 years provided systems to such like public organisations and is well equipped to build the right solution using the Microsoft Dynamics GP platform.
We understand compliance regulations such as PFMA, MSA, MFMA, GAMAP and GRAP and the public sector’s business needs to meet diverse agendas including BEE, Transparency and Fairness.
Our partnership with Microsoft recognises that your business solution needs to:
- Deliver accurate reports on time
- Stay in control with easy access to data
- Automate processes to reduce daily overheads
With the Microsoft Dynamics GP solution you can share information across multiple departments to providing auditors with budget transaction information. Microsoft Dynamics GP is effortlessly controlled, easily automated, and integrates tightly into your existing system.
And the amount of training that is required is minimal and will not disrupt daily work patterns.
Our team of certified Microsoft Dynamics GP professionals will help you to focus on improving operations with specialised financial management tools that include:
Commitment Management
Our certified development team provides automated commitment management applications that can help your organisation prevent overspending by forecasting future expenses and gaining a clearer picture of what lies ahead
Benefits:1. Provides account level budget knowledge to the people who generate and authorise requisitions.
2. Helps reduce overspending, giving you control over your budget
3. Offers flexibility without halting the purchase order process
4. Seamlessly adds committed purchases to any of your financial reportsEncumbrance Management
Specific to public organisations staying within budgets is complicated by the need to track encumbrances – purchase orders or other commitment for goods /services that have yet not been providedBenefits:
1. Helps ensure funds will be available when payment is due
2. Reduces the time it takes to track expenses, freeing more time for careful budget allocation
3. Provides immediate tracing upon entering transactions
4. Can help avoid overspending of specific accounts with automated messages
5. Facilitates effective cash planning and control
Our Value Proposition
| Your Strategic Needs | Our Value Proposition |
| Ensure effective service delivery | Maintaining effective budgeting by garnering continued support and credibly demonstrating excellent financial management and accountability. |
| Set up a meaningful budget with departmental commitment | Provide a flexible budgeting process which can be based on historical information and easily distributed to the relevant departments. |
| Adhere to PFMA, GRAP, MFMA, GAMAP, MSA regulations ensuring transparency. | Provide timely accurate reporting, audit trails and correct authorisation. |
| Control expenditure within budget avoiding budget cuts | Produce queries and reports showing actual and committed against budget expenditures. |
| Leveraging technology to increase productivity, reducing financial management hours and cost to communications | Reduce financial management work hours per month by simplifying, centralising and automating tasks, reducing errors and integrating applications |
| Leveraging partnerships with local ICT providers to develop and maintain appropriate skills thereby contributing toward the growth of the African Economy | We focus in delivering genuine business value by understanding and integrating people, processes and technology |
