Why are we different?
How is our approach different than other software vendors?
Rather than asking ‘How do you want the software configured?’ we approach implementation as a collaborative effort between MRI's experienced municipal finance team, our software developers and your staff. We understand what is required to satisfy the budgeting and finance management requirements of local governments here in NH and we will ensure that the system and software set up enables you to meet these requirements. At the same time, we will ensure that the system is best structured to conform to the needs of your staffing and operational structure.
We incorporate the following steps to implement the MTS software platform:
Operational Review and Development of a Report with Findings and Recommendations
In an effort to gain a thorough understanding of the Town’s financial operations, we will spend 1-2 days on-site interviewing key staff to document the “what, how, who and why” of the current operational structure. This critical step is unique to MTS and offers numerous benefits:
It ensures that we have a complete picture of the operational environment so that we can ensure a successful on-time conversion and implementation without ‘surprises’ that result in disruption to staff or finance operations.
It provides for an independent review of your operational and control environment by experts in NH municipal finance. The resulting report, and adoption of any recommendations, can be a powerful tool in maintaining community confidence in finance operations.
Our assessment will help us indicate an expected number of annual support hours.
Following the recommendations of the Operational Review will allow for a cost-effective and streamlined implementation with MRI assuming full responsibility of data migration, testing, COA mapping and any manual data entry needed.
Chart of Accounts
We will provide direction in the establishment of a chart of accounts which will support transparency, accuracy and consistency in allocating costs and tracking expenses. It will also ensure that financial and management reports are understandable and directly compatible with current New Hampshire regulatory reporting requirements. A “key” will be developed to map the old chart of accounts to the new structure.
Data Collection and Conversion and Testing
MRI will import relevant historical data from the current systems and populate the MTS software with historical data. MRI will back-test to ensure data integrity and a smooth transition to the new platform.
MRI will provide on-site training and follow-up support as needed on all installed MTS modules including procedures for entry and approval of transactions, data imports, reporting and budget development.
Ongoing Finance/Accounting Support Services
The Town will have access to MRI’s experienced New Hampshire municipal finance staff on an as-needed or recurring basis to provide assistance with any and all financial operations of the Town including reconciliations, budget preparation, DRA reporting, audit preparation and best practices in a changing regulatory environment.