MISA FinGov solves the problem of digital transformation in estimating and managing state budget expenditures

Estimating and managing state budget expenditure is an essential work in administrative and non-business units (HCSN), but it still consumes a lot of time and is done manually.

At the Vietnam Digital Transformation Forum 2021 – Vietnam DX Summit 2021, MISA brings the state governance platform MISA FinGov to support digital transformation, reducing the time for estimating and managing state budget expenditures by up to 70%. .

In fact, budget planning is done based on linking both vertical sectors (eg School – Department – Department) and vertical sectors (eg Commune – Province – Central Government), which must go through many stages of review and approval, not to mention having to do it all over again if not meeting the requirements, leading to cases of doing it over and over again.

Therefore, the current urgent need is to develop a tool to help simplify and shorten the time for budget planning for administrative units, and at the same time, continuously update them when there is a request for correction.

State governance platform MISA FinGov helps to converge 100% of industry and local data, automating the entire budget management

With nearly 30 years of experience in the field of management software development, understanding and grasping the key point of this problem, MISA has brought the Vietnam Digital Transformation Forum 2021 – Vietnam DX Summit 2021 the management platform. State Finance Manager MISA FinGov.

Mr. Ho Duc Hung, Deputy General Director of MISA Joint Stock Company, affirmed that the software in the ecosystem of MISA FinGov will help HCSN units save up to 70% of time in estimating and managing budget expenditures. .

Mr. Ho Duc Hung, Deputy General Director of MISA Company presented at the Vietnam Digital Transformation Forum 2021

According to a survey by MISA, the whole country has nearly 3,000 governing units (on average, each province has 40 units), each unit needs 30 days to summarize the estimate and takes 1-2 more days to monitor, evaluation of the implementation of the estimate (generally performed once a year and twice a month, there will be a performance evaluation).

Thus, when applying MISA FinGov, the time to synthesize the estimate will be reduced to only 10 days and immediately evaluate the effectiveness of the estimate. In the near future, if this application is deployed nationwide, it will reduce 50,000 man-days per year for appraisal, aggregate data for the host unit and reduce up to 144,000 man-day per year for monitoring. , evaluate the implementation of the estimate.

In order to realize the above impressive numbers, MISA FinGov has been researched and applied by the MISA staff with the most advanced technologies, ensuring safety – security according to international standards and easy in handling. implementation and training.

Receiving, approving, allocating estimates,… becomes simple and fast. Save time and effort when 100% of the estimate data of the whole industry and the whole locality will be aggregated according to the needs in just a few minutes, thereby quickly editing and evaluating the estimation work when necessary. .

Applying technology, highest standards, improving customer experience

With the features that are researched and developed closest to the actual situation and needs, only in the field of estimating and managing state budget expenditures, MISA FinGov has been trusted and used in nearly all areas. 6,300 HCSN units, including the Ministry of Information and Communications and the State Audit agency.

MISA FinGov streamlines planning and control of state budget spending

In the near future, MISA will continue to widely deploy the MISA FinGov platform on a nationwide scale. From there, the financial database for localities, ministries and branches will be streamlined and concentrated, contributing to improving efficiency in promoting national digital transformation.