EPPS FBUS - Financial Budgeting & Utilization System

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.


Our Vision

Agile

Balanced and Enduring business decisions by

our customers

Efficient

Our super-ordinate purpose of being in

business is to facilitate


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.


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


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.


Enterprise

Process

Protocol

System

Organization/Company

Followed to run the company

Rules to run processes

Bring all under one umbrella


Administrative Structure of Government


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


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


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


EPPS FBUS - Module Features



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

Technology

Architected using leading technologies like Java, PostgreSQL

Works across devices, operating systems and

browsers

Is available on Cloud/On-premises/Co-Hosted


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


Thank You


Software

EPPS FBUS - Financial Budgeting & Utilization System