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Logo of Magiq Finance

Magiq Finance

Website

Last updated on

Company health

Employee growth
10% increase in the last year
Web traffic
2% increase in the last quarter

Ratings

G2
4.0/5
(1)

Magiq Finance description

Magiq Finance is a cloud-based financial and business management software designed for local governments and public sector organizations. It offers a comprehensive suite of tools to manage all aspects of finance, including accounting, budgeting, procurement, and reporting. Magiq Finance helps organizations achieve a single, accurate view of their financial data, streamline processes, and improve decision-making. Its user-friendly interface and robust features make it a suitable solution for managing complex financial operations in the public sector.


Who is Magiq Finance best for

Magiq Finance offers a unified cloud platform for public sector financial management. It provides real-time reporting, streamlines compliance, and integrates with existing systems. Designed for local governments, Magiq Finance helps manage all aspects of finance from budgeting to procurement.

  • Ideal for medium to large public sector organizations (101+ employees).

  • Specifically designed for local governments and public sector entities.


Magiq Finance features

Supported

Magiq Finance offers a single cloud financial framework for managing all financial data in one location, providing real-time insights.

Supported

Magiq Finance provides real-time, accurate views of key financial metrics such as expenditure, project costs, labor costs, debt, and revenue.

Supported

Magiq Finance integrates seamlessly with existing systems and adheres to all necessary statutory requirements, ensuring compliance.

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Magiq Finance is tailored for local governments and the public sector, offering specific functionality to meet their unique needs.

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Magiq Finance helps local governments and public sector organizations meet their compliance requirements within a user-friendly system.


Magiq Finance alternatives

  • Logo of iWorQ
    iWorQ
    Streamlines local government tasks, managing permits, work orders, and assets.
    Read more
  • Logo of OpenGov Budgeting & Planning
    OpenGov Budgeting & Planning
    Modernize government budgeting, planning, and performance tracking.
    Read more
  • Logo of Workday
    Workday
    Streamlines HR, finance, and planning for smarter business decisions.
    Read more
  • Logo of Martus
    Martus
    Collaborative budgeting and reporting for clearer financial insights.
    Read more
  • Logo of Oracle Planning Cloud
    Oracle Planning Cloud
    Cloud-based budgeting, forecasting, and performance reporting for smarter finance.
    Read more
  • Logo of MuniLogic
    MuniLogic
    Streamlines local government operations, improves citizen engagement.
    Read more

Magiq Finance FAQ

  • What is Magiq Finance and what does Magiq Finance do?

    Magiq Finance is a cloud-based financial management software designed for local governments and public sector organizations. It provides a unified platform for budgeting, accounting, procurement, and reporting, enabling real-time financial insights and streamlined processes. Magiq Finance helps achieve a single, accurate view of financial data to improve decision-making and ensure statutory compliance.

  • How does Magiq Finance integrate with other tools?

    Magiq Finance integrates seamlessly with existing systems. It's designed to adhere to statutory requirements, ensuring compliance for local governments and public sector organizations. More specific integration details are not readily available.

  • What the main competitors of Magiq Finance?

    Top alternatives to Magiq Finance include iWorQ, OpenGov Budgeting & Planning, Workday, Martus, Oracle Planning Cloud, and MuniLogic. These platforms offer similar functionalities for financial management, budgeting, and government operations.

  • Is Magiq Finance legit?

    Magiq Finance appears to be a legitimate option for government financial management. It offers a unified platform, real-time reporting, and compliance features. Positive website traffic and employee growth suggest increasing popularity. However, user reviews are limited.

  • How much does Magiq Finance cost?

    I couldn't find pricing details for Magiq Finance. For the most current pricing information, it's best to visit their website or contact Magiq Finance directly.

  • Is Magiq Finance customer service good?

    There is no information available about Magiq Finance's customer service.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.