Budget and Accounting
Financial resources managed with clarity and control
Managing the budget and financial accounting requires permanent access to accurate, up-to-date information. Revenue, expenditure, commitments, contracts and assets must be tracked together to give a true picture of the institution’s resources.
The Budget and Accounting solution centralises all this information on a single platform, giving the administration a solid basis for financial planning, monitoring and reporting.
A single view of all financial activity
From accounting records and budget execution to tracking contracts, payments and commitments, all information is organised in an integrated system that reduces data fragmentation and provides fast access to relevant information.
Less time on checks. More time for analysis.
Automating routine tasks and centralising information lets finance teams focus on analysis and planning instead of reconciling data from different sources.
The solution supports budget appropriation control, asset management and the preparation of reports required by the Ministry of Finance.
Features
Full management of accounting operations in line with current regulations.
Planning, monitoring and management of the institution’s budget, revenue and expenditure.
Real-time monitoring of budget execution and fund utilisation.
Recording, management and monitoring of fixed assets and inventory items throughout their lifecycle.
Tracking contracts, financial obligations and related payments.
Management of budget and legal commitments and of the expenditure authorisation process.
Checks that expenditure stays within approved budget appropriations.
Automatically generates the financial reports required by the Ministry of Finance, in the legally required format.
Financial reports and analysis to monitor performance and support decisions.
Ensures automatic data exchange with the institution’s financial and administrative applications.
