Digital transformation in the management of public finance data associated with the rendering of reports to control bodies

Abstract

The new and changing context of the digital economy and the needs for information processing as a follow- up to public sector finances offer tax administrations a framework with multiple needs, in which innovative digital schemes that integrate processes, procedures must be conceived and technological solutions to support in a more efficient and effective way the implementation of fiscal policies, thus modernizing the management and monitoring of the use of resources. There is a latent risk that has been difficult to manage in the public administration: the inconsistency in the financial reports before the different control entities. It is based on the premise that many of the inconsistencies are due to the multiplicity of different systems, reports, and information models, all with different data structures. An Information Technology governance framework is used to align the objectives of the territorial entities in terms of financial management to the different technologies and tools, creating structured and standardized data models, to reduce the risks of financial non- coherence in the information sent. This project is part of a quantitative methodology under the feasible project modality, for which mapping of the reports related to Public Finance was carried out, the IT government components are structured that allow evaluating, directing and controlling the mapped reports and the design of a technological application is proposed that allows integrating public finance information.