Efficient and responsible public financial management (PFM) is essential to a country’s macroeconomic growth and stability. For public authorities responsible for budgeting and allocating public expenditure and income, IT systems can be a critical tool. Information systems enable efficient gathering and organization of large quantities of budget data, and automation of key budget processes. However, such systems are often complicated to use, expensive to implement, and difficult to change and integrate with other databases. Many government agencies operate multiple obsolete systems that contain similar data and do not readily share data with one another.
Synergy’s State Budgeting System (SBS) provides a flexible, web-based and user friendly solution for initial planning, review, approval, and execution of the national budget. Our Public Investment Management Suite suite takes integrated public financial management a step further, bringing together the domestic capital budget with data on donor assistance through a seamless interface. PIMS enables the Ministry of Finance to develop and execute the budget with a whole of government approach.