The financial management and periodic reporting obligations of an FP7 project are major tasks for the Project Coordinator, and are usually not the most favourite work. This is why we offer a tool to support the Project Coordinator 's financial tasks. EU-fin is a web-based financial management and reporting tool. It can be used for the financial planning, project cost reporting and payment administration.
EU-fin serves as a platform between the Project Coordinator and the partners. The use of EU-fin brings structure and transparency to the project budgets, costs and person months for all project participants. When using EU-fin, all project participants have the latest and detailed information available at all times.
EU-fin can be used for all types of funding schemes. The entire design of EU-fin is based on current EC-financial guidelines; all the guidelines and regulations relating to a specific funding scheme are fully integrated into EU-fin. This ensures that the correct settings, such as activity types, funding percentages and calculation methods are automatically implemented throughout the entire EU-fin system. This guarantees consistency and data integrity.