Corporate and Public Sector Accountability Projects, the joint project between the Ministry of Finance and World Bank, serves to the implementation of accounting reforms in Azerbaijan. In the framework of this project, the works relating the implementation of the project “Financial and Accounting Reporting Application for Budgetary Institutions (FARABI)" have been starting since May 21, 2012.
Objective: Implementation of Enterprise Resource Planning system (ERP) in line with national and international standards for budgetary institutions.
FARABI components
SERP
SINAM Enterprise Resource Planning system
OBI
Analytical Reporting System based on Business Intelligence
CLIX-LMS
Learning Management System
PKI
Electronic Signature Solution
Architecture of FARABI
Phases of Implementation of the System
2012 - 2013
Phase I
Total list of enterprise and organizations where the project is implemented
39
2012 - 2013
2014-2015
Phase II
Total list of enterprise and organizations where the project is implemented
60
2016-2018
Phase III
Total list of enterprise and organizations where the project is implemented
300
2016-2018
2019-2021
Phase IV
Total list of enterprise and organizations where the project will be implemented
1000
