Financial Management Information System

Financial Management Information System (FMIS) as an information system for management of public finances is successfully implemented project of the Ministry of Finance of the Republic of Serbia (RS), the European Agency for Reconstruction and HP as the prime contractor that meets the objectives of optimizing the management of public finances, supporting the objectives of financial policy RS and minimizing costs to cover the state debt. FMIS provides unification and streamline financial flows of the state and expenses of individual organizations.

For FMIS we delivered and we further maintain and support applications and modules designed to manage a revenue-expenditure cycle (QBSW Expenditure Execution) and cash-management system (QBSW Treasury Management). QBSW modules provide comprehensive functionality to support the management of revenue and expenditure of the state, from planning through digital signature, multilevel approval of the final execution of payment transactions. The module provides a number of functions for various types of users.