FIELDS OF EXPERTISE

Public Finance

Public finance encompasses the governmental institutions of a country or a municipality that want to improve the effectiveness and transparency of the use of their public funds. Public funds management involves the country’s Ministry of Finance, as well as its Accounting and Budget Divisions. These divisions are faced with great challenges, such as improving their accounting and budgetary policies, updating their legal and regulatory frameworks, consolidating their institutional framework, simplifying their data processing systems, and creating accountability in the processes involving centralized financial and budgetary management.

Our experts have led and participated in interventions where their mandates included:

  • Improving budget planning and execution

  • Designing financial management systems

  • Creating cash management systems

  • Public organization redesign

Information Systems Development and Implementation

In the modern economy both the private and public sectors have come to appreciate the vast gains to be had from implementing and applying information technology solutions. These gains are only truly realized when the right solution is provided to each specific client. Information technology solutions should consider organization type, culture and objectives. We provide country specific solutions that can be scaled down to address urgent pressing needs for fast implementation and demonstration of ‘quick-wins’. Our systems are seamlessly integrated and can be easily interfaced with existing sub-systems and bank interfaces for effective bank reconciliation.

Professional Services

A principal key in our implementation approach is to ensure full participation of end-users, ownership and leadership from the system owners.

Our project management methodology includes:

  • COA design & analysis

  • Business process analysis

  • Infrastructure analysis

  • Capacity assessment

  • Needs assessment

  • Training and change management

  • Testing and acceptance

  • Project planning and stage reports for monitoring

  • Ongoing training and support services through in-country partnership/alliances

  • Continuous product development

Adherence to legal and regulatory framework and other international standards such as United Nations Common Functions of Government (COFOG), IMF Government Finance Statistics (IMF-GFS) and Generally Accepted Accounting Principles (GAAP).

Operations Improvement

Today both public and private sector organizations are faced with the challenge of meeting the demand of its citizens and clients (respectively) in an efficient manner. For the public sector the motivation is to keep costs down so as to reduce or deter a deficit and make available more public funds for government programs. In the private sector the main focus is keeping costs down to ensure healthy bottom lines while maintaining customer loyalty. Business Process Improvement (BPI) techniques applied after a comprehensive understanding of the organizations business objectives can lead any type of organization to achieving operational efficiency. Business Process Improvement requires a holistic view of the organization to see how each unit, department or cost center ties into each other. Optimal BPI requires a review of laws, statutes and policies as well as organizational structure and dynamics that ultimately have a bearing on how processes are executed.

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