Value Matrix MPRA 2004 compliant Municipal Property Tax Management System
Description

Value Matrix Logo Value Assist is a MPRA compliant, workflow based property management solution. It provides extensive CAMA functionality based on IAAO norms and best practices. Value Assist has since evolved into a state of the art integrated solution for property valuation and management that is fully compliant with the Municipal Property Rates Act of 2004. It has been developed by industry experts with years of domain experience and founded on industry best practices. It supports property-related transactions against all property types, including Single Residential properties, Non Residential properties, Agricultural properties, Sectional Title properties and Public Service Infrastructure

The Value Matrix is an 4th Generation evolution of the ValueAssist system. It has been developed from scratch considering the availability of new technology like Android and HTML5.0. It is built on top of a GIS base and does not require a superfluous integration with a GIS system for spatial capability. Besides technical enhancements a lot of functionality has been added in order to empower the users to undertake most of the system administration and CAMA Analysis functions using High level tools which hide the complexity from user and de-skills the job

Features
  • Property Engine consisting of a Search function and an Attribute edit function, which allows for the capture and edit of property attributes such as Address and Property Description
  • Valuation Engine which allows for the capture of property characteristics as well as the generation of the market value of a property based on the characteristics that are captured
  • GIS Viewer which displays the aerial imagery for each property within a municipality and which includes standard functionality such as Pan and Zoom
  • Sales Ratio Analysis this module creates the sales history, with the sales ratio and a snapshot of the property at the time fo the sale. The system prompts users to do Benchmark sales in sale deficit areas
  • Valuation Review this module allows users to create filetrs to identify outliers and then review them. The system provides functionality to create and manage work packages
  • Rates Modelling this module allows a user to create models and scenarios. The comparison tools create maps, charts and tables to compare and analyse the impact
  • Roll Generator provides tools to generates a Draft General Valuation roll / Supplementary Valuation Roll. Publish tool updates the Eservices, Public Site and the Billing System, while compiling the PDF Print File and the Section 49 Notices
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