Indonesia’s Village Financial Management System helps ensure that all stages of village development including planning, reporting and monitoring are effective and transparent. For years, village governments created budgets and financial reports, and managed accounts using MS-Excel or other applications that were not standardized.
To overcome this challenge, the Indonesian Government, through the Development Finance Comptroller (BPKP) developed Siskeudes or Sistem Keuangan Desa (Village Financial System) to help villages and district/city governments plan, report on and monitor village development. Launched in 2015, Siskeudes had been used in 60% of Indonesian villages as of mid-2018.
Find out more about Siskeudes here.