The Importance Of Information Systems In The Management And Processing Of Large Data Volumes In Public Institutions

Under a computerized society, technological resources become a source of identification for any community, institution or country. Globalization of information becomes a reality, all the resources having entered into a relationship of subordination with the World Wide Web, the information highways and the Internet. "Information technology - with its most important branch, data management computer science - enters a new era, in which the computer leads to the benefit of a navigable and transparent communication space, focusing on information". Therefore, in an information-based economy, information systems have been established which, based on management systems through the methods of algebra, with applications in economic engineering, have come to manage and process large volumes of data, especially in public institutions. Consequently, the Ministry of Public Affairs has implemented the “Increasing the public administration’s responsibility by modernising the information systems for generating the reports of the financial situations of public institutions” project (FOREXEBUG)”, cod SMIS 34952, for which it received in 2012 non-refundable financing from the European Social Fund through the Operational Program for Developing the Administrative Capacity 2007-2013, based on which this paper will analyse the usefulness of implementing such a program in public institutions. Such a system aims to achieve a new form of reporting of budget execution and financial statements (including information related to legal commitments) submitted monthly by each public institution in electronic, standardized, secure form, with increasing the reliability of data collected by cross-checking data from the treasury and providing reliable information for use by the Ministry of Finance, public institutions, other relevant institutions and the public, both at the level of detail and the consolidation possibilities at various levels, in parallel with their use for multi-criteria analysis and time series by creating a specialised computer system and one that is also integrated with the information system of the Ministry of Finance. The objective of this paper is to analyze the importance of such a system in the management and processing of large volumes of data in public institutions.