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Budget Information System

Extensive knowledge implemented into a comprehensive and sophisticated solution

The Budget Information System (RIS) is designed for managing the state budget. RIS represents over 30 years of experience in public administration budgeting, consolidated into a single system.

This system supports the preparation and adjustment of budgets while ensuring the monitoring and evaluation of public expenditures. All of this is managed within one system, covering all budget levels—from the Ministry of Finance to the smallest state-run organization.

A unique IT solution

Specifically developed for public budgeting

Just as one size does not fit all, standard systems cannot address the specific needs of public administration budgeting. RIS has been designed by our team of specialists, analysts, consultants, and developers exclusively for budgeting purposes and is continuously innovated based on the latest advancements in technology and the industry.

Generally applied principles

RIS adheres to the generally applicable principles of public administration budgeting. It also supports the program budgeting model, which operates based on annual budget approvals and enables flexibility in funding various programs.

360° coverage of budgeting processes

RIS covers the entire budgeting cycle, from setting objectives and identifying requirements to budget preparation, adjustments, complete monitoring, and evaluation.

One system for all hierarchical levels

RIS supports budgeting processes at all levels of public administration (government, ministries, budgetary organizations, and local municipalities).

Supports alternative budget versions

RIS enables the preparation of budgets in multiple versions, which can be easily combined, compared, and adjusted throughout the approval process at all hierarchical levels.

Sophisticated and consistent

The system employs modern methodologies that support the principles of performance-based budgeting and the preparation of forward-looking budgets. Classifications can be added or modified during the year without disrupting the consistency of time series. RIS can even display previous budgets in the structure of the current budget.

Ensures budget control

The system ensures the efficient enforcement of public expenditure limits across all levels of program funding. Automated approval mechanisms control the authorization to make budget adjustments for specific hierarchical levels, ensuring their automatic adherence and application. It provides budgetary data for ex-ante control through online integration with the State Treasury Information System.

Streamlined

RIS facilitates the seamless exchange of information and the provision of reports to EU institutions, the OECD, and other entities in compliance with defined standards.

User-friendly and accessible online

Access to the system is available online through a web interface, with data processed in real time. This ensures that users always have access to up-to-date information.

Flexible and scalable

The modular architecture of the system allows users to decide the scope of implementation or the integration of existing information systems through universal integration interfaces.

The cornerstone of public finance management

Significant savings in public finances through enhanced control and greater transparency.

Improved efficiency, automation, and work standards for budget specialists, with a unified (standardized) approach for all entities involved in the preparation and presentation of the state budget.

More rational use of public financial resources by applying program budgeting principles and adopting financial management practices from the private sector within the public sector.

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