Budget Planning and Execution
Ensure that your municipality operates with utmost efficiency and transparency in financial management through the implementation of the Local Medium-Term Budget Project Monitoring System.
Budget Planning
Our system streamlines and integrates all processes involved in medium-term budget planning, enhancing the municipality's financial project preparation and monitoring. It facilitates the registration of all budget revenues and expenses according to predefined categories, integrating the financial planning tool and economic classification for each budget program.
Furthermore, it enables the assessment of budgetary performance through performance indicators based on program objectives, allowing for efficient evaluation of program implementation. The system maintains a record of all prepared versions of the medium-term budget, providing valuable historical data for reference and ensuring transparency.
Key Features:
Automation and integration of all budget planning processes in accordance with Ministry of Finance guidelines.
Establishment and measurement of objectives and performance indicators for each budget program.
Detailed planning and costing down to the product level.
Preservation of multiple versions of the Program and Budget Act (PBA) according to preparation stages.
Automatic generation of the Financial Planning Instrument, including adherence to new methodologies.
Automation of Government Management System (GMS) and Economic Management Plan (EMP) operations, encompassing:
Preparation of budget requests from each EMP.
Multiple user access with varying permission levels.
Implementation of security protocols and data quality validation.
Activity tracking functionalities.
Automatic generation of the PBA Relation in compliance with Ministry of Finance directives.
Creation of citizen-friendly performance and budget reports.
Monitoring of Budget Implementation
The system automatically generates monthly and annual monitoring reports, incorporating requisite annexes stipulated by the Ministry of Finance to facilitate budget implementation oversight. The user-friendly Performance Report offers simple data visualization through graphs, ensuring transparency and accessibility for all stakeholders
Key Features
Recording of actual financial and technical data for each reporting period.
Automated calculation of performance indicators.
Periodic monitoring of budget implementation progress.
Automatic generation of Budget Implementation Monitoring Reports and associated annexes, following Ministry of Finance guidelines.
Creation of user-friendly performance monitoring reports.
Full integration with the Program and Budget Act (PBA) and budget execution module.
Our objective is to enhance efficiency and transparency in the planning and monitoring of municipal medium-term project budgets. Join us in advancing your municipality's financial management and achieving a high standard of transparency and efficiency!
Choose between our flexible implementation and licensing models.
Infrastructure
You can get Smart Processes:
installed in your infrastructure
hosted in our data centers, with an additional hosting and maintenance fee
Licensing
We provide 2(two) different licensing models, in order to better fit our customer's needs:
Proprietary License (System License + per user license)
Subscription License ( Setup fee + user subscription monthly fee )
Licensing models are offered in both infrastructure modes, either in premise or in hosted installations.
How to start
Contact us, by letting us know your scenario.
A process analyst will be assigned to your request
We will prepare a demo prototype which you can access through the web
If you are convinced that we are close to fulfilling your business scenario need, our team will draft a cost estimate for your scenario tailored to your specific needs, making sure that you do not pay more then you use.
If we made it to that point, we are sure that we will have an agreement to start the implementation and assist you for the change management process.
Interested? Challenge us to exceed your expectations.
Send us an email at info@smartprocesses.net and we will contact you.