eCollectis eFUK: Empowering public institutions with smart financial control solutions
About eFUK
eCollectis eFUK is a comprehensive digital platform designed to establish Financial Management and Control (FMC) systems, which are crucial for public sector institutions in Serbia.
Its primary function is to assist organizations in achieving compliance with national laws and international regulations, ensuring responsible management of public funds.
Why eFUK?
The Republic of Serbia, as part of its EU integration process, requires public sector organizations to establish effective FMC (Financial management and control) systems under Article 81 of the Budget System Law. This system supports efficient financial management and control, fostering accountability and transparency.
Why should I implement eCollectis eFUK?
The purpose of establishing the electronic solution for the FMC system is to:
- Fulfill mandatory legal regulations
- Comply with mandatory international regulations
- Ensure proper, ethical, efficient, and effective business operations
- Ensure business compliance with laws, regulations, policies, plans, and procedures
- Protect assets and other resources from losses caused by poor management, unjustified spending, as well as irregularities and fraud
- Strengthen accountability for successfully achieving set goals
- Ensure timely financial reporting and monitor business results
Delivery time
It is a subscription-based delivery model with full operational implementation support. Implementation time is between 90 to 180 days, depending on organizational complexity.
With out year-to-year subscription, we provide support with ongoing updates, technical support, and compliance assistance.
