CNACG Improves Budget Accuracy by 50% with Integrated Budget Management System

development strategies for China’s regional coal geology institutes. … regional coal geology institutes. This includes drafting plans for coal geology

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CNACG Improves Budget Accuracy by 50% with Integrated Budget Management System
Improved the accuracy of budgets by 50% Eliminated more than 80% of mistakes caused by the discord between the funds issued and the actual budget needed for operations Narrowed the difference between the budgeted profits and actual profits by one-third Increased the speed at which combined budgets can be developed by 50%.
China National Administration of Coal Geology (CNACG) is a state-owned organization responsible for formulating development strategies for China’s regional coal geology institutes. This includes drafting plans for coal geology exploration, technology R&D, structural surveys, training programs, and medium- and long-term development schemes. Over the past 50 years, the organization has uncovered more than 80 mines that have produced over 800 billion tons of coal. It has also completed more than 300 R&D projects, with more than 100 research findings awarded national or provincial-level honors

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