Financial Management Systems
Computerised financial management systems can be used to automate the complex tasks associated with managing the finances of an an election management body (EMB). Such systems can be used for:
- Preparing and calculating estimates of likely income, expenditure, assets and liabilities
- Preparing and monitoring budgets
- Monitoring and controlling expenditure
- Keeping track of invoices and payments, and automating the process of bill paying
- Generating financial reports
- Facilitating auditing of the financial processes