Being in the Office of the CFO proves to be one of the most important positions in a Municipality. Holding the position of the CFO means you are responsible for financial planning, cash flow planning, expenditure tracking and ultimately realising the strategic direction of the municipality.

Novus3 adds value to your municipality and strives toward building a more functional local government.

The collaborative planning, prioritisation and performance platform (CP3) is our flagship software service. It provides a catch‐net where all of our client’s capital needs are registered, prioritised, budgeted and tracked whilst it gets implemented.

Novus3 is proud to announce that CP3 is MSCOA 6.6 compliant and has simplified and integrated complex MSCOA budgeting requirements into the CP3 capturing module.

CP3 always had project scheduling and implementation tracking for the project managers.

Municipal budgeting – the CP3 track record of successful and stress-free budget delivery on-time, and in line with expectations is making a difference among our biggest metros and also among the smaller municipalities.

Insights from our annual user survey. We are proud how we have played an important role in the city government space. Contact us at info@cp3systems.com for more information or to book a demo!

In our next video, we will be showing you how cities are using CP3. Please like our page and follow us, or visit our web-site at https://cp3systems.com/. Brought to you by Novus3 (Pty) Ltd (https://fondstudiodemo.co.za/novus/) – a licensed reseller and supporter of CP3.

“It is a capital mistake to theorise before one has data.” – Sherlock Holmes. “The goal is to turn data into information, and information into insight.” – Carly Fiorina

Esri is an international supplier of geographic information system software, web GIS and geo-database management applications which is widely used by some of our clients.

The ABC of CP3, in terms of Spatial Planning!

MSCOA (Municipal Standard Chart of Accounts) is part of the National Treasury’s ongoing budget and reporting reforms aimed at improving financial reporting and is a mandatory requirement of National Treasury.

On International World Town Planning day, we were honoured to receive the news that Novus3 has been recognised, and accordingly registered, by the South African Council for Planners (SACPLAN) as the first company that provides Capital Investment Planning services.

Today marks the last day of the Gov-Tech Conference 2019! Novus3 was very privileged to be able to exhibit our services and innovative fin-tech tools in support of our public sector.

How the public sector spends its money is increasingly being scrutinised by the public and private sectors alike.

CP3 is a decision support tool that unlocks collaboration, enhances efficiency, enforce transparency, and guide change management whilst using (currently under utilised) data within an organisation in order to make an impact.

Context: The National Development Partnership Grant (NDPG) aims to fund projects which are directed towards the creation of liveable, sustainable, resilient, efficient and integrated towns and cities while simultaneously eradicating spatial inequality. It targets projects which:

The past two days Novus3 attended the first National Department of Cooperative Governance (DCoG) Capital Expenditure Framework (CEF) Appraisal Workshop.

Context: As per the Division of Revenue Act, act 2 of 2013, each grant has a defined grant framework which states amongst others the criteria for eligible (capital) projects.

Novus3 are proud to be associated with the first Capital Expenditure Framework prepared for Stellenbosch Municipality under the Integrated Urban Development Framework.

Today marks the beginning of project capturing for the 2019/2020 budget cycle. We are excited to facilitate this process for the fifth consecutive year.

To say is one thing, to do another. To say capital expenditure should be directed towards the socially disadvantaged is in line with the fundamental principles of democracy and human rights, its manifestation in space is however sparse. To ensure that expenditure is directed towards socially deprived areas, is one of the biggest challenges that faces decision makers today and often leads to analysis paralysis.

“Some SA Cities are on the brink of collapse.” – Minister Nhlanhla Nene (April, 2018). Novus3 has developed a Budget Impact Simulator (BIS) to provide welcome perspective and assistance in this space.

South Africa approved R213 billion capital expenditure projects across all local municipalities during the 2017/18 Medium Term Expenditure Framework (MTREF).

Our Budget Impact Simulator (BIS) is flexing its muscles. The BIS tool is once again providing valuable insight into the financial planning decisions that need to be made by our key CP3 clients.

mSCOA is the acronym which stands for the Municipal Standard Chart of Accounts which was introduced by National Treasury in 2014, which became mandatory for all local municipalities from 1 July 2017.