Budget Preparation and Management
Budget planning and administration are at the heart of good public financial management of any country or organization. Preparing executing, and tracking budgets means managing voluminous financial data, which can create a cumbersome and time consuming budget process that hampers delivery of services.
An efficient budgetary process largely depends on the existence of multi-functional information system for capturing budget data. Such systems help to promote accountability and improve fiscal and financial discipline, by enabling thorough analysis of revenue and expenditure trends and components.
Synergy’s State Budgeting System (SBS) is the perfect solution specifically designed to help governments effectively plan, implement, and monitor the national budget in one place. It reflects international best practices in budget management, and encompasses the entire budgeting process, from budget preparation and negotiations all the way to budget execution and monitoring.