Public Sector organizations receive and handle money that they receive from citizens. Democratic tradition empowers these organizations to do so in exchange for close control of all financial processes. Public Sector Accounting therefore is one of the most important tasks of organizations operating in the public sector. For this reason, monitoring the flow of funds from the source via the budget to those receiving the service financed by revenues is a core process in the LAZAR Public Sector solution powered by SAP. |
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