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Ministry of Finance

The State General Accounting Office is part of the Ministry of Finance and is the government agency responsible for proper, lawful, efficient financial management of the Greek State.

 

State General Accounting Office

SingularLogic partnered with the Deloitte and Unisystems for the development of the Ministry of Finance’s Fiscal Policy MIS for the State General Accounting Office. This system is the central tool for monitoring, controlling and rationally presenting central government finances.

Challenges
  • To standardise procedures and IT systems.
  • To develop a new modus operandi  for the State General Accounting Office through the standardisation and central control of procedures.
  • To ensure valid, up-to-date budget information.
  • To modernise accounting by using a double-entry book-keeping system.
  • To ensure interoperability with other public sector systems.
  • To ensure a single source of information regarding the budget and accounting.
  • To develop a uniform system for budget preparation and implementation.
Solution
  • An Information System was developed that includes:
    • The central government budget (ordinary budget and the public investment programme).
    • Other budgets (regions, Municipality of Athens, etc.).
    • Double-entry book-keeping.
    • Fiscal control via Fiscal Audit Units.
    • Document management and protocol.
    • Interfaces with external bodies: General Secretariat for Information Systems, Bank of Greece, Hellenic Army Comptroller General’s Office, Single Paying Agency, etc.
    • Business intelligence system.
    • Data exchange and publication of data on the portal.
  • SAP-based system.
  • Central infrastructure and access for 1,300 users.
  • Training and support services nationwide.
Benefits
  • Budget implementation monitoring is now available in real time.
  • Budget appropriation overruns are no longer permitted.
  • Reliable, up-to-date information about the budget is now available.
  • Double-entry book-keeping using modified cash accounting.
  • Full interoperability with other public sector systems.
  • A single operating environment for users from central directorates and fiscal audit units.
  • Standardised, uniform application and central control over procedures.
  • Option to expand functionality if necessary.

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