Deployment of IT SystemPresentation of Mrs. Tetyana SlyuzHead of the State Treasury of Ukraine

Milestonesof the State Treasury of Ukraine

2000 A decision was taken to consolidate budget funds in institutions of the National Bank of Ukraine

2001 The State Treasury of Ukraine becomes a member of Electronic Payment System of the National Bank of Ukraine

2004 Transfer to Model 8 maintenance of correspondent account

2002 Local budgets were transferred to Treasury (revenue part)

2003 Local budgets and budget holders were transferred to Treasury (expense part)

Electronic Payment System of the

National Bank of Ukraine

Loca

l Dep

artm

ents

of th

e St

ate

Trea

sury

of U

krai

ne

1...27

Current situation

«Treasury-Income»

Automated System

«Treasury-Income» Automated System«Treasury-Expense»

Automated System

«Treasury-Expense» Automated System

Cent

ral O

ffice

of th

e St

ate

Trea

sury

of U

krai

ne

«Treasury-Center» Automated System

Accounting and preparation of payment

orders for sending to the Electronic Payment

System

Statement of money flow through expense

accounts

Initial

Responding

Resp

on

din

g

Init

ial

Resp

on

din

g

Init

ial“Treasury-Income”

Automated System

Payments

Paym

ents

National Bank of Ukraine

Ministry of Finance

Commercial Banks,Local Departments of the State Treasury of Ukraine

Reg

iste

rsCurrent situation

“Treasury-Expense”Automated System

“Treasury-Centre”Automated System

Reasons for modernization of in-house accounting systems

• Need for effective, transparent and modern management

• Need for application of international accounting standards

• Use of several software products• Need for consolidation of information• Increase of expenses for software products

maintenance• Need for simplification of business processes

1...27

Project

Integrated systemData

warehouse

• Ministry of Finance• Budget Holders• Other executive bodies

Internal Payment System

Web portal

Electronic Payment System of the

National Bank of Ukraine

Local Departmentsof the State Treasury of Ukraine

Central Officeof the State Treasury of Ukraine

Expected results of Internal Payment System deployment

• Operation of the Treasury system regardless of the National Bank of Ukraine;

• Fast access to consistent and verified information;

• Single point of Treasury’s regulatory and reference information;

• Unified accounting system;

• Powerful instrument of reporting, means of analysis and modeling;

• Reflection of all business processes of the State Treasury of Ukraine;

• Distribution of online processing data sets and analysis data sets.