Rayterton Public Financial Management
Budget control, treasury visibility, audit-ready execution
A government-grade Public Financial Management System (PFMS) that supports end-to-end public finance: planning and budgeting, appropriations, commitment control, treasury cash visibility, payment processing, revenue tracking, general ledger accounting, and executive fiscal dashboards, backed by strict controls and audit trails.
Why public finance needs a unified system
Without integrated controls, budgeting and spending become fragmented: commitments bypass limits, payments are delayed, and reporting becomes inconsistent. A PFMS aligns planning, budget execution, treasury visibility, and accounting, ensuring fiscal discipline and audit readiness.
Budget control and commitment checks
Prevent overspending using appropriation controls and commitment validation at every step.
- ✓Budget ceilings and appropriations
- ✓Commitment control and reservation
- ✓Maker-checker approvals
Cash planning and payment pipelines
Track cash positions, planned payments, and funding needs across accounts and entities.
- ✓Cash plan and payment schedule
- ✓Payment status and reconciliation-ready logs
- ✓Funding and liquidity visibility
Accounting and traceable approvals
Every transaction is linked to approvals, supporting evidence, and accounting postings.
- ✓Full audit trail per transaction
- ✓GL postings with traceability to sources
- ✓Exportable audit packs
Core modules (implementation-ready)
Start with budgeting and commitments, then extend to treasury and payments, and strengthen accounting and reporting. Each module is designed for governance controls and measurable execution.
Planning & Budget Formulation
Define programs, activities, budget ceilings, and multi-year planning baseline (optional).
- ✓Budget structure (program/activity/object)
- ✓Ceiling allocation and revisions
- ✓Approval workflow for budget drafts
Appropriations & Budget Release
Manage approved budgets, releases, revisions, and remaining available amounts.
- ✓Appropriation master and versions
- ✓Reallocation and adjustment controls
- ✓Audit trail for changes
Commitment Control
Reserve budget for planned obligations and prevent overspending before payments occur.
- ✓Commitment request and validation
- ✓Encumbrance tracking
- ✓Release and adjustment workflow
Procurement-to-Payment Bridge (Optional)
Link commitments with procurement and contracts for controlled execution.
- ✓Contract and PO references
- ✓GRN and invoice matching readiness
- ✓3-way match controls (optional)
Treasury Cash Planning
Manage planned cash flows and cash positions across accounts and entities.
- ✓Cash forecasts and funding visibility
- ✓Payment pipeline and due schedules
- ✓Scenario planning (optional)
Payment Requests & Approval Workflow
End-to-end payment request processing with approvals and evidence attachments.
- ✓Payment request, verification, approval
- ✓Supporting documents and checklists
- ✓SLA timers and escalation (optional)
Bank Interface & Payment Execution (Optional)
Integration-ready interface to banks or treasury platforms for execution and reconciliation.
- ✓Payment file generation (format configurable)
- ✓Status updates and settlement logs
- ✓Reconciliation-ready reports
Revenue Tracking (Optional)
Track non-tax or service revenues, collections, and reconciliation-ready logs.
- ✓Revenue categories and recording
- ✓Collection references and settlements
- ✓Revenue dashboards (optional)
General Ledger & Financial Reporting
Accounting postings linked to source transactions, plus configurable reporting packs.
- ✓Chart of accounts and journals
- ✓Trial balance and financial statements
- ✓Audit trails and export
Dashboards that build fiscal confidence
Replace placeholders with actual screens later. Layout supports boardroom demos and audit readiness.
Minister / CFO Fiscal Cockpit
Budget utilization, commitments, payments pipeline, and cash visibility by entity and program.
Operational Command Center
Payment request queue, approval status, bottlenecks, and SLA risk view.
Commitment and Overspend Risk View
Flagging requests that exceed available budgets and highlighting funding gaps.
Audit and Compliance Pack
Evidence attachments, approvals, and journal traceability for audits and investigations.
Architecture, integration, and security
Designed for fiscal controls: role-based access, approvals, audit trails, and integration readiness with procurement, banks, and reporting platforms.
Integration Hub
Connect to procurement, payroll, banks, tax/revenue systems, and external reporting tools.
- ✓REST API with token-based access
- ✓Webhook events (commit, approve, pay)
- ✓Import/export templates for legacy
Security Controls
Controls that support internal policies and audit requirements.
- ✓Role-based access and maker-checker
- ✓Immutable logs for all approvals
- ✓Session controls and IP allowlist (optional)
Data Governance
Evidence integrity, document controls, and compliance-friendly exports.
- ✓Retention and archival rules (optional)
- ✓Document versioning
- ✓Audit pack export
Implementation approach (safe rollout, measurable adoption)
Start with budgeting and commitment controls, stabilize treasury and payment processing, then extend integrations and reporting packs.
Phase 1: Foundation
Budget structure, roles, approval matrix, and baseline dashboards.
- ✓COA and budget classification setup
- ✓Appropriation and control rules
- ✓Audit and control baselines
Phase 2: Execution
Commitment control, payment requests, approvals, and treasury cash planning.
- ✓Commitment and payment workflows
- ✓Evidence packs and reconciliations
- ✓SLA monitoring (optional)
Phase 3: Scale & Integrate
Integrate with procurement/banks, strengthen reporting packs, optimize performance and governance.
- ✓Bank interfaces and reconciliation
- ✓Reporting packs and BI exports
- ✓Leadership KPI dashboards
Want a PFMS demo tailored to your finance processes?
Share your current budget cycle, approval layers, and payment workflows, and we will prepare a demo flow with budget controls, commitments, payments, and executive fiscal dashboards.