ROAD TO BTMS
In coordination with the Department of Budget and Management (DBM), the National Conciliation and Mediation Board has recently attended a two-day Power Users’ Training on the budget execution function of the Budget and Treasury Management System (BTMS) held at Little President Building, San Miguel, Manila last September 26-27, 2019. The users’ training is part of the preparation of the Board to equip the NCMB officials and staff to test run the functionality of the BTMS in preparation for its full implementation in 2020.
The activity was attended by nineteen (19) Central Office personnel who were given a hands-on functionality experience on the different modules of BTMS: Commitment and Obligation Management, Payments Management, Receipts Management, Property, Plant and Equipment, and Accounting and Financial Reporting. The participants were also made to experience the actual financial transaction from the preparation of the Purchase Request (PR) up to the processing of payment.
Prior to that, a Briefing and Deep Dive orientation was organized by the DBM last 10 April 2019 to introduce the system and the process on how it works.
With the goal to fully implement the system by FY 2020, the Board is set to provide a users’ training for its regional branches before the end of 2019 to ensure the Board’s readiness in the rolling out and full-scale operation of the BTMS board-wide
The BTMS is an integrated and web-based Financial Management Information System (FMIS) built on a centralized database to support the Public Financial Management (PFM) processes of the government. It covers the budget execution and budget utilization phases of the National Budget cycle.