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Asset 7

Novus3 Analytics

Helping you make data-driven decisions with powerful insights and visualisation tools.

Clear, actionable analytics
that drive real outcomes.

Novus Analytics is a purpose-driven business intelligence platform designed to give municipalities immediate, actionable insight into critical financial and non-financial performance.

Through near-real-time integration with the Financial Management System (FMS), the platform consolidates complex data into clear, executive-level dashboards. This unified view strengthens oversight, improves transparency, and empowers leadership to make confident, data-driven decisions from within the systems they already use.

Near real-time dashboard updates presenting municipal executives and decision makers with up to date daily municipal financial and operational data.

Key outputs of Novus3 Analytics

Performance Dashboard

Performance Indicator Interpretation

Detail Analysis 

Forecasting and trend analysis

Financial performance summary dashboard summary showing seventeen (17) financial performance indicators for the organisation.

Financial performance indicator interpretations to assist with decision making and strategy formulation.

Drill-through functionality per financial performance indicator with detail analysis, underlying mathematical calculations and time-series data.

Financial performance summary dashboard summary showing seventeen (17) financial performance indicators for the organisation.

MONITORING

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MFMA Monitoring 
Dashboards

The MFMA monitoring dashboard assists Provincial Treasury with the execution of this oversight responsibilities and provides a management tool to help identify any required support to municipalities. The monitoring dashboard also assists the provincial treasury with reporting to other structures like the MEC for Finance and the National Treasury.

Key outputs of MFMA Monitoring

Audit Insights

Submission Status

Creditor Analysis

Debtor Analysis

Audit opinion and outcome analysis for the last 5 years

Monthly status of scheduled submissions (MSCOA)

Monthly creditors overview by item category by age analysis, including detail creditor analysis dashboards showing analysis and movements for Bulk Electricity and Bulk Water.

Monthly debtor overview by customer category, income category and organ of state showing balances, movements and bad debt write-offs and impairments.

Capital Expenditure

Operating Performance

Grant Tracking

Investment Analysis

Monthly capital expenditure analysis per budget submission (i.e. ORGB, ADJB) by asset class, type and sub-type, cumulative analysis and monthly movements.

Monthly operating income and expenditure analysis per budget submission per item including surplus/deficit analysis over time.

Grant allocations, scheduled, transferred, received and spent.

Quarterly investment analysis including investment type, institutions, terms and rates, balances and movements.