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Financial Other

Research Fund Management System

Research Fund Management System for Efficient R&D Fund Management

In order to increase transparency in the expenditure resolution of advanced return after exact calculation of national R&D funds, the registered agreement limit is converted to the limit of research fund integration and a system is provided to prevent inappropriate use of funds aside from research and development purposes.

Process Outline

System Plan

Task Plan

R&D Banking System

R&D System

  • 1 Common management
    System classification management
    Business management
    Code management of items of expense by business
    Common code management
  • 2 Project management
    Project agreement management
    Research fund account status alteration
    Limit management of research fund account
    Project agreement registration FTPtransmission
    Research fund card issue Reflection on information
    Research fund account management
  • 3 Payment installment management
    preliminary transaction
    Payment transfer management
    Payment result requiry
    Management on items of expenses (cash)
    Approval management(card)
    Card purchase management
    Registration of items of expense(card)
    Payment of claim
  • 4 Management of interest settlement of accounts
    Point return/Point refill
    Transaction history(cash)
    unregistered items of expense inquiry(arrangement)
    Summary task
  • 5 MIS Management
    Performance by business branches
    Daily performance
    Monthly performance
  • 6 Interface management
    Interface server management
    Interface Client management
    SAF management
    Message reception
    Message transmission
  • 7 System management
    Common system
    Deploy management

Task Outline

Common management - Manage basic information to manage subjects and projects.
Project management - Manages information on the points granted for each task, the highest unit for managing the fund settlement.
payment installment management - Finalized research funds by using IB/CARD media will be paid using real-time automatic transfer method, etc.
Final accounts management of interest - The government investment fund/private investment fund shall be separately managed, and the details of interest repayment shall be inquired of the enterprise in real time through the settlement of interest by unit of balance, advance payment, etc. Where the repayment arrives before the same deadline, duties such as point reduction, etc. shall be managed.
MIS management - Management performance of research fund will be managed by real-time inquiry or analysis.
Interface management - The R&D banking system administrator manages interfaces with other systems.
System management The R&D banking system is equipped with functions for administrator management and is managed for connection with other institutions or other systems.

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Features and Advantages

Obtaining know-how of R&D fund management - Obtaining the expertise of the input personnel (an installment of the first real-time research fund management system for financial institutions)
- acquiring the know-how of establishment and operations of the R&D fund management system of other research institutions.
Obtaining know-how of R&D fund management - Specialized services such as real-time research fund transfer and integrated management of card use are provided to maximize the usefulness of research institutions' performances and the management of research funds.
Minimize installment clawback procedure - The problems relating to settlement and redemption can be blocked fundamentally that generated through cash in advanced payment of the research funds.
Enhance convenience and efficiency - The management efficiency of the management institution is increased, and the research institution simplifies administrative affairs such as settlement of accounts and receipt storage.
Deposit to actual cash management institutions - Actual cash is deposited in the entrusted bank of the management institution. And the research institution receives the same amount of points which can be used as real funds to provide the efficiency of fund management and monitoring of the institution.
- Providing interest on high interest rates of research funds through separate bank arrangements.

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