Finance

Meet all of your financial and statutory compliance requirements within a simple, easy to use financial framework

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A Single Cloud Financial Framework

Achieve a single source of the truth with all financial data consistently managed in a single place.

Unified system design ensures all financial data is consistently managed in one location to provide real-time, accurate views of expenditure, project costings, labour costs, debt and revenue.

Powerful GL Flexibility

Easily manage multiple reporting structures with highly flexible GL and Reporting applications.

Manage multi-entity structures with ease and enjoy the power of being able to create, view, report and analyse multiple General Ledger structures.

Projects & Resources

Improve overall project visibility with consistent and up-to-date views of project status and expenditure.

Sophisticated project accounting and resource management capabilities with integration to time sheets, invoicing, purchase orders and creditors allow improved visibility of project expenditure against budgets.

Automated Procure to Pay

Control costs and manage all aspects of procurement, from requisition through to payment from any device.

Full end to end transactions from purchase order through to payment and posting of the financial transaction streamlines the procure to pay process.

Reporting & Analytics

Effectively support the business with contextual, easily understood financial reporting available on any device.

Provide managers with the financial information they need to make more informed decisions, with fast and easy transaction drill-downs and data-browse capabilities.

Billing Management

Support multiple billing arrangements with accurate, real-time insights into your billing data.

Manage all billing activities centrally, enabling consolidated debt management with greater transparency.

Accounting

  • Contractors
  • Creditors

  • Debtors
  • Fixed Assets

  • General Ledger
  • Invoicing

  • Lease Management
  • Loan Management

  • Plant
  • Project Accounting

Banking

  • Banking
  • Cash Receipting

  • Debt Management
  • Direct Debits

Billing

  • Utility
  • Water
  • Rates

Procurement

  • Electronic Purchase Orders
  • Purchasing

  • Stores
“MAGIQ is very intuitive and visually appealing and the workflows and business processes are simple to follow.”

Senior Financial Analyst, UnitingCare Wesley Bowden