Enterprise Digital Currency System

ABES Enterprise Digital Currency System

Digitally transform your internal budget planning, distribution and execution by using innovative digital currency approach!

TARGET:

Internal expenses (such as other department’s services, resources, etc.) not tracked in real-time thus budget could be overspent or underspent
Internal expenses per expenses type (service, project, etc.) not tracked in real-time thus budget could be used for unplanned purposes
Internal cross-budget expenses (such as when different departments with own budgets are providing services to each other) not tracked in real-time thus do not allow to have actual budget volume
Small internal (or external) transactions usually collected for the period and then executed caused cashflow issues
Usually budget execution information is available on organization level only periodically (monthly, quarterly, etc.) so there is no actual budget information

Enterprise Digital Currency System allows:

Simplify budget management by strictly defined internal digital currency “wallets” per organization unit and/or project/service
Real-time “wallet” information by executing all transactions immediately
Avoid cashflow issues by using internal currency
Minimize number of real-world currency transactions by executing them once per period
Organization level budget real-time view with drill-down to every “wallet” transactions
Automatic transaction execution by tracking resources/services usage via integration with other information systems
Quick overview of all contract’s current statuses and details from Executive dashboard

Main company area with organization structure, “wallets” and budgets (Web, Cloud, Blockchain)
Budget owner area with current budget information and transactions history with ability to initiate or accept transaction (Web, Cloud, Blockchain)
Executive dashboard with drill-down (Web, Cloud)
External connectors to track resource usage (on-premises, Cloud)

Blockchain and Smart contract technologies ensures that all “wallet” transactions are stored in real-time and immutable
Blockchain technology provide transparent view of all related transactions for the participants
Cloud technology ensure that system is reliable and available 24/7