epps fbus - financial budgeting & utilization system
TRANSCRIPT
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FBUS – FINANCIAL BUDGETING & UTILIZATION SYSTEM
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EPPS – The Right Solution
We believe that EPPS customers’ businesses : Should run without outages.
Take agile and efficient business
decisions, on-the-go.
Get customizable solutions
according to their business needs
Scale their ERP software along with your
growing business.
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Our Vision
Agile
Balanced and Enduring business decisions by
our customers
Efficient
Our super-ordinate purpose of being in
business is to facilitate
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Our Endeavour
Be a responsible citizen & whole heartedly fulfil our statutory & moral obligations to the nation & the general community whose lives we touch every day.
Maintain a strong fiscal & operational discipline that mitigates risks, in order to safeguard the interests of all our financial stakeholders.
Empower our implementation partners in every way possible to maintain a strong customer focus.
Foster ‘intra-preneurship’ and therefore encourage creativity among our employee family, and provide individual space and freedom to them, within the limits of our super-ordinate purpose of being in business.
Be customer-focussed and build an organization of individual, customer-focussed professionals.
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Key Differentiators
Business-on-the-go solution which can be
accessed from any smart device at any time’
Helps you take well-informed and balanced
decisions based on real-time data
Empowers employees to stay connected & work
efficiently
Enhanced customer engagement with real-time
feedback and end-user application
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EPPS FBUSProduct & Solutions
FBUS is a centralized fund flow, budgeting,
utilization management system.
The system is geared for fund management for planned
/non planned schemes of the Government of India, States
and report utilization under these schemes at different
levels of implementation on a real time basis.
FBUS also has an in built Utilization Certification (UC)
Module, which will be used to track and monitor the UCs from
implementing agencies.
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Enterprise
Process
Protocol
System
Organization/Company
Followed to run the company
Rules to run processes
Bring all under one umbrella
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Administrative Structure of Government
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Financial Structuring of Public Money
Inflow of funds / Public Revenue (Through revenue department / Government
Undertaking Public Limited)
Taxes
Dis-investment, from GOI/state government subsidiaries
Divestment,
Selling of stake of government in various public sector enterprises
Outflow of Funds / Public Expenditure (Through non-revenue departments,
NGO’s or Government Registered Societies, Special Purpose Vehicles)
Defence
Pubic Infrastructure
Public health
Education
Rural development
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Operational Challenges during Public Expenditure & Utilization
Geographical spread (Most programs are implemented at blocks & below block level)
Infrastructural limitations like intranet, hardware office equipment etc.
Manpower limitations: Few Vs Required; Non-skilled Vs Skilled
Ability(limited) to adopt new technologies and accept change
Size(bulky) of operations
Tedious processes for Procurement; adoption; enablement
Operational hurdles
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Technology - Scalability, mobility, simplicity & configurability
Functionality – User friendly Interface, centralized data storage, Real Time & Instant MIS
Simplified Periodic MIS Reporting (Physical and Financial)
Real Time Fund Utilization Tracking (Block to Districts; Districts to State; & State to GOI)
India Wide Spread Implementation and Service Partner Network.
Capable of handling Size, Scope and Range of GOI / States sponsored Schemes /
Programs.
Increased efficiency of fund management and MIS Reporting
Easy integration of 3rd Party Applications through API Interface. Eg PFMS
A Comprehensive Solution & Technology& Functional Benefits
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EPPS FBUS - Module Features
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Maintain a centralized database of all implementing agencies
administrating various scheme specific funds.
Report on details of beneficiaries receiving payments, geographical
location, total Scheme-wise amounts received etc.
Capture activity-wise / component-wise fund utilization by
implementing agencies at various levels under specific Scheme.
Offering online validated bank reconciled statement on utilization of
funds to all implementing agencies.
Architecture
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Technology
Architected using leading technologies like Java, PostgreSQL
Works across devices, operating systems and
browsers
Is available on Cloud/On-premises/Co-Hosted
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Standard MIS Reports
Statutory reports like Utilization Certificate (UC)
Financial Management Report (FMR)
Statement of Expenditure (SOE)
Statement of Advances (SOA)
Multiple Location Wise Reports
Components & Activity Wise Reports
Budget / Actual Real Time Comparison
Periodic Monthly / Quarterly / Yearly Reports.
Exception Reports
/ Trial Balance / Balance Sheet
Standard Financial Reports like Cash Book
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Thank You
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