Public Finance
Efficient, Effective and Accountable Generation and Use of Public Financial Resources
A strong, transparent and accountable Public Finance Management (PFM) system tends to deliver public services more effectively and equitably and also regulate markets more efficiently and fairly. It is universally accepted that good PFM is a necessary condition for achieving sustainable development. PFM is a set of laws, rules, processes and systems used by governments to mobilise revenue, allocate public funds, and handle public spending, accounting & reporting and evaluation of results. It essentially should consolidate all the financial information needs of a government into one single source of truth. Over the years, KRAN has focused extensively on Public Finance and has gained sufficient domain expertise to provide the right solution that helps in efficient management of the financial resources in government.
Solutions in Public Finance
We have a basket of solutions under the Public Finance domain. It broadly covers functions like end -to-end financial management of a state, audits, macro fiscal projections, charitable endowments, loans, financial inspections etc.
ProbityFinancials
Probity Financials centralizes government finances, ensuring transparency, efficiency, and informed decisions. It has earned awards for excellence in governance, recognized for its impact and innovation.
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Aims
AIMS is a comprehensive audit management system that streamlines processes, enhances efficiency, and ensures compliance, facilitating easy audit preparation, monitoring, and reporting for organizations.
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Sirius
SIRIUS is a comprehensive data collection system for the Department of Economics and Statistics, featuring a custom mobile app, data analytics, and SDG-linked KPIs for informed decision-making.
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Charms
CharMS automates core functions of managing charitable endowment, offering a digital platform with accounting, integration, and reporting capabilities for efficient operations.
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Orion
Orion is a comprehensive loan management system, streamlining loan processing, repayments, and analytics for NBFCs, enhancing efficiency and accuracy.
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Promis
ProMIS - Centralized Project Monitoring tool for real-time project data management, budget tracking, stakeholder collaboration, and automated alerts, enhancing project efficiency.
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Remis
ReMIS is a comprehensive tool for tracking and managing audit reports, policy recommendations, and inspection reports from government departments, ensuring timely actions and security.
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Ims
IMS is an Inspection Management System that streamlines inspection processes, enhances report accuracy, and ensures timely actions with real-time monitoring and parameterized reports.
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