You are not logged in

IBM Signs E56m Contract With Slovak Ministry of Finance

 
IBM has signed a three-year E56m contract with Slovak Ministry of Finance to provide technical assistance services for the design, development and implementation of integrated finance information system for the country.

Under the agreement, IBM will standardize Slovakia's fiscal system by integrating and streamlining existing processes into a unified collection platform. The solution will improve the transparency and accountability of Slovak public fiscal management, supporting decision making and governance.

IBM will undertake the project in several phases: introducing a one-stop service - taxpayers will be able to perform a variety of tasks using one platform, eliminating duplicate confirmations and forms, and reducing the administrative burden for citizens and companies related to the collection of taxes, customs duties and insurance contributions; enabling integration and communication between various local authorities; establishing a centralized taxation information platform.

According to IBM, the project will be funded from European Union structural funds and co-financed from the state budget. The project is part of the Slovak government's program to revamp the tax information system; improve communication between taxpayers and the tax authority; and unify the collection of taxes, customs duties and insurance contributions.

Roman Brestovansky, country general manager for IBM Slovakia, said: “We will design and implement a smart solution in Slovakia - an integrated system for the administration of taxes, customs and insurance collection.”

Will this contract help Slovak ministry in improving public fiscal management?

Have your say and discuss with your peers on the InfoGrok community.

Participate by posting your comments now.

User Comments

Name *
Enter code   
Submit Comment

  Login


Copyright ©2010 Progressive Innovations Ltd. Reproduction of material from any page on this domain without prior written permission is strictly prohibited.
 
Show Bar