Case Study: Ministry of Finance of Estonia improves budget transparency with SAP BusinessObjects Planning and Consolidation

Ministry of Finance of Estonia: Talking Budget Sense with SAP Software

The Ministry of Finance of the Republic of Estonia, a government body, needed to modernize its public finance system to create greater transparency for politicians and citizens. It sought a solution that could produce dynamic reports, provide a real-time view of the country's economic status, and support the parallel preparation of both cash and accrual-based budgets. To address this challenge, they chose to implement the SAP BusinessObjects Planning and Consolidation application from SAP.

SAP delivered a centralized budgeting tool that standardized processes and introduced highly flexible, dynamic reporting. This solution streamlined budget planning for 200 public entities and provided a side-by-side view of planned versus actual budget data. The implementation by SAP reduced the time required to control data and run budgeting processes by over 50%, significantly cutting administrative effort and creating greater overall transparency for stakeholders.

Ministry of Finance of the Republic of Estonia

Andres Paris

IT Expert