State Budgeting System

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State Budgeting System

Synergy's State Budgeting System (SBS) is a public finance solution which assists governments
in budgeting based on their policy and programmatic priorities. SBS enables the collection, analysis
and reporting of budget allocation information, facilitates top-down and bottom-up budget planning and execution,
and provides an intelligent and user-friendly spreadsheet interface for multi-year budget preparations in accordance
with national development plans or Medium Term Expenditure Frameworks (MTEF).

Synergy State Budgeting System (SBS)

State Budgeting System

Synergy’s State Budgeting System (SBS) is a public finance solution which assists governments in budgeting based on their policy and programmatic priorities. SBS enables the collection, analysis and reporting of budget allocation information, facilitates top-down and bottom-up budget planning and execution, and provides an intelligent and user-friendly spreadsheet interface for multi-year budget preparations in accordance with national development plans or Medium Term Expenditure Frameworks (MTEF).

Budget Planning

SBS provides a central platform for budget planning, revisions and negotiations between the Ministry of Finance and line Ministries. Customized tools enable the system’s authorized users to link of line items and projects to policy

priorities across multiple years in accordance with an MTEF or similar policy framework. The system automates distribution and adjustment of budgetary allocations fully tracks budget revisions, such as the supplementary and

complementary budgets, and allows a wide range of analyses of gaps and overlaps to ensure well-informed and coherent planning in line with national priorities and development strategies.

Budget Planning

Organize Budget Processes

SBS includes a Budget Calendar module with automated alerts for planning budget preparation, planning and execution. At every phase, budget calendar defines the permissions corresponding to each user role, as well as executes predefined workflows. Robust user access controls ensure that all users have access to the information they need to complete their work, while securing sensitive budget data.

Budget Execution

Budget Execution

SBS provides a wide-range of critical tools to empower the Government
to effectively monitor the budget execution process, including registering
allotments, registering new requests, and transferring funds. SBS can be
integrated with Financial Management Information Systems (FMIS) for exchange of
accounting data and payment information. SBS can be used to define "drivers"
that could impact the budget, such as the price of oil, exchange rates,
rate of inflation, and can "carry forward" unused funds to next year's budget.

SBS provides a wide-range of critical tools to empower the Government to effectively monitor the budget execution process, including registering allotments, registering new requests, and transferring funds. SBS can be integrated with Financial Management Information Systems (FMIS) for exchange of accounting data and payment information. SBS can be used to define “drivers” that could impact the budget, such as the price of oil, exchange rates, rate of inflation, and can “carry forward” unused funds to next year’s budget.

Analyzing and Presenting
Budget Data

SBS’ analytical tools make it simple to search and query budget information by budget account, ministry, region, type of expenditure, program, project and activity. Users can create sophisticated and user-friendly reports, charts, and GIS maps to support informed decision-making relevant to budget activity. The system also provides a dynamic interface for presenting under- or over-budgeting, variances between line ministry requests, and ceilings set by the Government.

Analyzing and Presenting Budget Data