The SABRE+ (State-owned Enterprises Autonomous Bodies Budget Reporting and Evaluation System) is a modern, web-based integrated software system developed for the State-Owned Enterprises (SOEs) and Autonomous Bodies (ABs) of Bangladesh. It is designed to enhance governance, transparency, and efficiency by managing financial and organizational information through its various modules. It replaces the older, desktop-based SABRE system.
The SABRE+ system is comprised of four core modules: • Budget Management Module: For preparing, monitoring, and reporting budgets. • Debt and Contingent Liability (DCL) Module: For tracking and managing all debts and potential liabilities. • Independent Performance Evaluation (IPE) Module: For evaluating the performance of SOEs and ABs based on set criteria. • Table of Organization and Equipment (TO&E) Module: For managing organizational structure, human resources, and physical assets.
This module is designed to replace the old SABRE system for budget preparation. It allows SOEs/ABs to prepare, submit, and finalize their annual budgets (including estimated, revised, and actual figures) in an online, integrated environment. It standardizes the budgeting process and facilitates timely monitoring and reporting for the Finance Division.
The module captures detailed financial and non-financial data, including: • Operating and financial activities (income, expenses, investments). • Projections for the next two fiscal years. • Mapping of all financial activities with the economic codes from the iBAS++ system. • Generation of key financial statements like Income Statements, Balance Sheets, and Cash Flow Statements.
The system uses a multi-level workflow for approvals. Typically, a data entry user from an SOE/AB submits the budget, which is then reviewed by their supervisor. After internal approval, it is forwarded to the concerned Line Ministry and finally to the Finance Division's Monitoring Cell for review, meetings, and final approval.
The DCL module is a centralized system for SOEs/ABs to record, monitor, and report all their debts and contingent liabilities. Its main goal is to provide a clear and comprehensive picture of the financial obligations of these bodies, which helps in strengthening fiscal discipline and managing the government's fiscal risks.
The module records various types of financial obligations, including: • Debt: Loans from the government (SLA), financial institutions, and other entities. • Contingent Liabilities: Possible obligations like government guarantees, loan guarantees, letters of comfort, and pending litigations. • Details of loan agreements and current status.
Unmanaged debts and liabilities of SOEs/ABs can pose a significant fiscal risk to the government. The DCL module provides timely and accurate data, allowing the Finance Division to assess the financial health of these entities, ensure better management of public money, and prepare for any potential financial shocks.
The IPE module is designed to systematically and independently evaluate the performance of selected SOEs/ABs. It uses a standardized framework based on the Independent Performance Evaluation Guideline (IPEG) to assess performance, incentivize good performers, and provide recommendations for improvement.
Performance is evaluated across four main indices: • Business Strategy and Social Responsibility: Assesses strategic planning and social contributions. • Operational Efficiency: Measures productivity, service delivery, and resource utilization. • Financial Performance: Evaluates profitability, financial risk, and transactions with the government. • Corporate Governance: Checks compliance, transparency, and board practices.
The evaluation process is overseen by the Independent Performance Evaluation Committee (IPEC), a committee of experts and professionals. The Monitoring Cell of the Finance Division facilitates the process by collecting data and preparing reports.
The TO&E module is a comprehensive system for managing and reporting all organizational, human resource, and physical asset information for SOEs and ABs. It serves as a central database for details about an organization's structure, employee records, vehicles, and equipment.
The module stores a wide range of information, including: • Organizational Structure: Approved organogram and post details. • Employee Information: Personal details, employment history, salary, qualifications, leave, and pension information. • Asset Management: Records of official vehicles, office equipment, and other physical assets. • Outsourced Personnel: Details of outsourced or contractual employees.
The TO&E module is crucial for providing foundational data to other modules. For example: • Employee and post information from TO&E is used by the Budget Module to calculate salary budgets. • Organizational structure data is used by the DCL Module for reporting liabilities by department. • Employee and resource data are used by the IPE Module for performance analysis.
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