In Summary:
  • Complex structures/authorising officer
  • Decentralised budgeting/department
  • Multiple funding sources
  • Splitting, merging budget/structures
  • Management of funds
  • Structural funds projects
  • Budgeting, Commitment, Contracting, Authorising, Payments
  • Cash, Liquidity/funding sources
  • Budget Execution, Budget Reporting
  • Lump sums / allowances
  • Automated preparation of payment orders
  • Integrations: banks, payment systems, state institutions/authorities
  • Inter-asset management
  • Financial, Logistics, HR & Payroll, Investment Management, Project Management

The specificity of the public sector lies in the fact that it is the largest producer and consumer of data, public institutions, regardless of their size and complexity, operate with a large number of projects, funding sources, heterogeneous organisational structures (public services, educational establishments, health, cultural-artistic institutions, productive and service sectors, etc.) under constraints imposed by legislation, the business environment, relations with citizens or the insufficiency of available funds.

Planning, financing, budgeting and budget execution are the core components of the public sector solution, which condition and coordinate the information flows of all areas, ensuring efficient financial management and rigorous control of the use of allocated funds.

The budgeting process is dynamic over time, starting from the budgeting of activities, projects, and objectives with the allocation of funds by organisational structures and expenditure destinations. Linking the budget to the public procurement programme and the investment programmes, the permanent coordination of the revenue budgets with the expenditure budgets allows the integration of the organisation’s budgets into a single system. This increases accountability in the management of funds allocated by activity and ensures rigorous control of budgets.

Operational processes, requests/requests for material and financial resources, contracting, receipts, supplier invoices, payments, production, sales, receipts, etc., are constantly accompanied by the stages of the budget execution process: financing, commitment, settlement of expenditure, authorisation of payment, payment. The tools used in the budgeting and control process, funds, organisational structures, sources of funding, and budget items, are explicitly specified at certain stages of the process or implicitly positioned through the modelling and configuration carried out in the system.

The multiple projects carried out in the public sector are tracked in order to respect deadlines and to fit the budget of each resource (material, human, services, transport and equipment).