ERP / Finance

Revenue Management & Financial Operations

6
Revenue Streams
NPO
Chart of Accounts
Auto
Billing Workflows
Real-time
Budget Tracking

Revenue Six Revenue Streams

The STI Business Forum operates a diversified revenue model with six distinct streams, each tracked independently with automated collection workflows and reconciliation.

Membership Dues
R3.5M /year (est.)
Annual fees from 4 chapters: Corporate (R50K), Academic (R20K), Start-ups (R10K), Professionals (R5K)
Platform Commission
R800K /year (est.)
Transaction-based fees from B2B Marketplace deals, job postings, and digital services
Event Revenue
R1.2M /year (est.)
Annual conference, roadshows, STI Lecture series, WKG workshops, and sponsored events
Training Fees
R950K /year (est.)
STI Academy courses, corporate packages, certification assessments, and dual education placements
Marketplace Commission
R600K /year (est.)
5% commission on B2B deals facilitated through the marketplace matchmaking platform
Partnership Contributions
R1.5M /year (est.)
Government grants, PPP co-funding, corporate sponsorships, and international alliance fees

Disclaimer: All financial figures are preliminary estimates subject to scrutiny and validation. Revenue projections are based on assumed membership targets and market conditions. Actual figures will depend on membership uptake, market adoption, and economic factors.

Billing Automated Billing Workflows

From trigger event to reconciled payment, every billing cycle is automated with escalation rules and integration with South African payment gateways.

Trigger
Membership anniversary, event registration, course enrolment, or marketplace deal
→
Invoice
Auto-generated invoice with line items, tax calculation, and payment terms
→
Payment
EFT, card, or debit order via integrated SA payment gateway. Automated reminders at 7, 14, 30 days
→
✅
Reconciliation
Automatic matching of bank statement entries to invoices. Exceptions flagged for review

Payment Methods

  • Electronic Funds Transfer (EFT)
  • Credit/Debit card via payment gateway
  • Debit order for annual membership dues
  • Pro-forma invoice for corporate accounts

Escalation Rules

  • 7 days overdue: automated email reminder
  • 14 days: SMS notification + account flag
  • 30 days: finance team manual follow-up
  • 60 days: membership suspension workflow

Accounting NPO Chart of Accounts

A structured chart of accounts designed for NPO financial reporting, aligned with the Companies Act requirements for Section 21 companies and NPO registration standards.

Code Account Name Type Description
Income Accounts
4000 Membership Income Income Annual dues from all 4 membership chapters
4100 Programme Revenue Income Event fees, training revenue, certification fees
4200 Grant Income Income Government grants, PPP funding, international aid
4300 Platform Commission Income B2B marketplace fees, job board listings
4400 Sponsorship Income Income Corporate and event sponsorships
Expense Accounts
5000 Personnel Costs Expense Salaries, benefits, contractors for secretariat staff
5100 Programme Delivery Expense Event costs, venue hire, catering, logistics
5200 Technology & Platform Expense Infrastructure, hosting, licences, development
5300 Administration Expense Office, legal, audit, insurance, governance costs
5400 Marketing & Communications Expense Brand development, digital marketing, PR

Tracking Budget vs Actuals Dashboard

Real-time budget tracking with variance analysis. The board and finance committee see exactly where the Forum stands against its financial plan at any point in the year.

Financial Dashboard — FY 2026 (Q1 Actuals)
R2.1M
Total Income (Q1)
R1.4M
Total Expenses (Q1)
R700K
Net Surplus (Q1)
CategoryBudgetActual
Membership
R875K R720K
Events
R300K R330K
Training
R238K R160K
Partnerships
R375K R355K
Personnel
R450K R415K
Technology
R200K R155K

Disclaimer: All financial figures are preliminary estimates subject to scrutiny and validation. Dashboard data shown is illustrative of system capability, not actual financial results.

Financial Transparency, Built In

From invoice generation to board reporting, every rand is tracked, reconciled, and visible. Financial integrity is not aspirational — it is operational.

View Governance Financial Model