Treasury of the Republic of Cyprus

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The provision of reliable and comprehensive financial information will be supported through the implementation of the new computerized enterprise resource system (ERP), which will replace all current software and will support the functions of Accounting, Payroll, Budget, and Human Resource Management.

The implementation of the new system will improve the quality and effectiveness of the financial management, and it will also increase the trustworthiness and speed via which the relevant information is relayed. This will result in better decision making, thus ultimately benefiting the Cypriot citizen.

The ERP is expected to be implemented on 1.1.2022.