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public sector budget management
The Public Sector Budget Management system helps to administer and monitor government and public sector budget spending.
Our solution is applicable for managing whole state budgets, smaller local governments, or any other organization dealing with budget management.
Our solution is based on an “in-house banking” principle for governmental institutions and is responsible for managing and supervising the spending process of the organization’s budget.
The system covers the functionality necessary for dealing with money transactions between institutions within the system and external institutions through commercial banks.
MAIN FEATURES:
KEY ADVANTAGES
- up to 10 times reduced budget management costs
- reduced transaction costs
- centralized control, reporting, and compliancy monitoring
- enhanced transparency of the spending process
TARGET GROUP
- National government
- Local and municipal governments
- Public institutions and organizations
- Large private enterprises and organizations