-
SOLUTION
ABES 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:
Large Enterprises

Target
- Large Enterprises
Problems
- 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
Solution
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
Parts
- 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)
Features
- 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