Time for financial planning and management processes is shrinking by 17% when digital metering of key indicators is linked to strategic and operational goals, according to SAP. For the public sector, SAP provides a complete set of proven and widely used solutions for State Budget Planning and Management, Financial Management and Accounting, Performance and Compliance Management, Tax Revenue Management, Payment Enforcement and Debt Recovery. SAP also offers the public sector a platform for electronic services and interinstitutional collaboration that enables digitization and efficient management of operational processes. InnoForce experts have extensive experience in implementing and developing public sector solutions based on SAP. To name some of them – a Public Sector Accounting System (including a unique solution for realizing an automated secondary record in accordance with the Lithuanian Public Sector Accounting and Financial Reporting Standards (IFRS)), State Treasury Management and Accounting, State Social Insurance Fund Board Accounting System SEPA, Compulsory Health Insurance Register as well as implementation, development and maintenance of many other solutions.

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