Munsoft was established in 2001 and has become one of Southern Africa’s foremost municipal finance software and systems providers.
The company provides financial management and internal control systems that enable 58 of the 257 municipalities across South Africa to ensure financial accountability, transparency and compliance with the required regional government regulations and standards.
The company is expanding into other African countries, including Namibia, eSwatini and Zimbabwe. Munsoft is driven by the desire to create systems that enable financial transparency to the end of helping promote economic development and poverty reduction.
Our solutions are designed to improve governance, administration, transparency and financial management. Through our innovative technology, key stakeholders can track the financial state of various municipalities in real time, allowing them to detect any discrepancies and immediately action effective control or recovery solutions.
Benefits of Munsoft’ s financial management and internal control systems:
To become a pioneer of municipal finance software and infrastructure development that provides world-class client and service experiences.
We aim to make a difference in Africa and to its citizens through helping to improve local government.
During August 2017, ITNA acquired 100% of the shareholding in Munsoft. The vision of the newly formed group, consisting of Munsoft and ITNA, is to deliver service excellence to all of our clients, all the time.
We are committed to providing effective solutions that ensure its municipal clients’ business processes are aligned with the regulations and standards of each region we operate in. The ultimate goal of the acquisition was to create a synergistic relationship between Munsoft and ITNA, where resources and opportunities are pooled to create a powerhouse group of companies in the financial management and information technology spheres of local government in Africa.
The company’s shareholding is privately owned by the Fledge Consortium (Talis–Holdings & Fledge Capital) and management.