WiseVine and Hopes Launch Gov Budget System Alliance

WiseVine Co., Ltd. is pleased to announce that it has commenced a strategic collaboration with Hopes Co., Ltd. in the area of ​​budget formulation and management for local governments.

Through its “Build & Scrap” series of budget formulation and management systems for local governments, WiseVine has been promoting the sophistication and efficiency of operations in local governments by providing unified support from policy planning to budget formulation, execution management, settlement of accounts, and administrative evaluation.

Through this collaboration, Hopes will leverage its technical expertise and project management know-how cultivated through the implementation and operation of core business systems (financial accounting ERP) and budget and management control systems (EPM) for private companies to further strengthen the implementation capabilities of the “Build & Scrap” series. By combining the strengths of both companies, we will support the resolution of various challenges in local government budget formulation and management operations, and contribute to creating an environment where employees can focus on the tasks that truly matter to them.

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In recent years, as local governments have been working to digitize their operations and promote digital transformation (DX), there is a growing demand for advanced DX in areas such as policy planning, budget formulation, execution management and settlement, and administrative evaluation. This includes improving operational efficiency, reducing the workload on staff, integrating and utilizing data, and responding to evidence-based policy making (EBPM).

WiseVine has provided solutions tailored to the specific challenges faced by local government policy and finance departments in the areas of budget formulation and management. Meanwhile, Hopes has extensive experience and expertise in budget management, execution, and management for private companies.

We believe that by combining the strengths of both companies, we can further promote DX in the areas of budget formulation and management in local governments, which led to this strategic collaboration.

SOURCE: PRTimes