Does public administration have an order in their finance?

Why not to miss the presentation?
Generally we are convinced that the private sector is in better state than the public one. How is it really? How do economic systems in public administration work or cease to work? Why is it so complicated? Speakers will present implementation of economic system in a chapter of municipality project and review the effects brought by implementation of centralized economic system.

Executive Summary:
In public administration is effective to deploy a fully integrated economic systems on a common data base with various forms of access. Modular structure systems must fully cover processes of economic activities and agendas relating to budgetary management. In case of self-government the economic system must meet the needs of the whole chapter, in case of self-governing region these are the needs of the Office and its Organization within the authority.
A properly designed data warehouse is the basis for the successful management. In terms of their construction and maintenance, the economic variables are the indivisible element which is the part of data interpreted in the presentation layer. The information value and subsequent decision making are largely affected by the up-to-dateness and quality of data. A properly adjusted economic system must provide data processing in real-time, easy availability of data for all subjects within the chapter, ease of source documents processing. At the same time the centralized management system must be properly secured with options for integration with other systems.
Speakers will present the project of implementation of the economic system in chapter of self-governing region and assess the effects brought by the deployment of centralized economic system.

In support of financial management processes, decision-making and evaluation of the effectiveness of budget expenditures of public administration subjects, it is very important to have all the necessary economic information available online and be able to work with them efficiently. Self-governing regions as part of the public administration take an important place in terms of territorial self-government with regard to the number of their organizations. Their position is particularly strong because of the range of services in the fields of education, social services, culture, health and transport and, therefore, it was necessary for them to create a tool that would cover the requirements of a complex process of economic and budgetary agenda. A tool that was created is a complex solution - Regional Treasury. The authority and its organizations will have the opportunity compare their economic efficiency and performance throughout the chapter using a common data base.
Authority and its organization within the self-governing region have high requirements for efficient processing, up-to-dateness and availability of information regardless of the size and type of organization. Therefore, the economic system must include extensive functionality not just in the areas of economic and budgetary agendas, but it is important to cover also the requirements for data summarization and financial management of established organizations and the whole chapter. A standalone complex solution - Regional Treasury supports strategic management in budgeting, financial planning, management of receivables and payables, reporting and consolidation.