The City of Elgin, IL, faced significant challenges with the management and financial reporting of its extensive municipal assets. Their outdated software struggled to meet the complexities of modern accounting standards, leading to risk and inefficiencies. Neo-Aware stepped in with an innovative hybrid approach, combining low-code development with custom programming. The result? A cutting-edge Municipal Asset Management (MAM) system that not only addressed current needs but also positioned the city for future growth. The new solution provided a 50%-75% cost savings, faster development time, and enhanced functionality.
Elgin, the 8th largest city in Illinois with a population over 110,000, needed to comply with strict statutory requirements for asset financial management and reporting. Its vast inventory of assets—including machinery, buildings, and land improvements—demanded a system capable of tracking diverse depreciation rates and handling complex compound assets.
The city’s legacy accounting software struggled to manage these intricate needs. For example, a parking deck with additional levels or annexes required nuanced financial tracking, but the system repeatedly flagged errors during audits. This inefficiency put compliance at risk and increased administrative workload.
By 2019, Microsoft’s announcement of the .NET 5 platform and the retirement of older frameworks added new pressure. Elgin needed to ensure their Municipal Asset Management software would remain functional and forward-compatible. Traditional upgrade options proved exorbitantly expensive.
Neo-Aware introduced an ultra-modern solution by leveraging its hybrid development approach. This method blends the speed of low-code tools with the adaptability of custom programming. Using the Aware IM platform, Neo-Aware transformed Elgin’s MAM system with a fully responsive, web-based design that functions seamlessly across Windows, Android, and iOS devices.
The new MAM system offered all the functionality of the legacy software, but with enhanced features and future-ready capabilities. Data from the older system was seamlessly converted and imported. The revamped user interface brought a richer and more intuitive experience, automatically adapting to different screen sizes for greater flexibility.
By selecting Neo-Aware, the City of Elgin avoided prohibitively high costs associated with traditional development methods. Compared to other upgrade options, this hybrid approach delivered results in less time, at a fraction of the expense.
Neo-Aware’s expertise in hybrid low-code development delivered exceptional results for the City of Elgin, including:
Neo-Aware’s hybrid low-code approach is a game-changer for municipalities managing complex software systems. For the City of Elgin, it provided a cost-effective, future-proof solution to their asset management challenges, all while enhancing functionality and usability.
Get in touch with Neo-Aware to explore how our unique hybrid development approach can solve your toughest software problems. Let's create innovative, scalable solutions together!
Leverage the power of hybrid low-code, custom coding, and AI-driven automation to build smarter software—faster and more efficiently. Ready to transform your software development? Let’s build the future together.