Procurement of Group Reporting Systems

Tiego has shared experiences from responding to tenders in open procedures for municipalities and regions in webinars organized by the Association of Municipal Economists (KEF).

We have observed several emerging trends in municipal accounting that accelerate the need for group reporting systems. One example is that the Council for Municipal Accounting has tightened the requirements, emphasizing increased obligations to consolidate even when ownership shares are relatively low.

Additionally, the requirements for municipal financial auditing have been heightened, as audits must now be conducted on revised financial statements, which increases time pressure. Last but not least, the growing values within municipal groups make efficient and accurate reporting increasingly beneficial for politics and decision-makers.