Over half (50.7%) of public sector finance and spend management professionals are still carrying out manual budgeting processes, a new report has revealed.

The report, ‘Bridging the Digital Divide’, carried out by UK-based software and solutions provider Advanced, also found that more than one quarter (26%) of finance teams in the public sector aren’t using digital spend management solutions effectively.

Additionally, almost one third (32.3%) are still using manual processes for the often-complex activity of supplier management, while 47.7% are doing manual forecasting and 41.5% are still producing reports manually.

Furthermore, the report also found that 32.3% aren’t confident that their finance and spend data is up to date, and 35.4% have trouble accessing data when they need it.

Mark Dewell, Senior Vice President, Education, Government & Social Housing at Advanced, said: “With falling real term budgets in the public sector, professionals working in finance and spend management are tasked with a seemingly impossible challenge – to provide more, with less.

“The government has recognised that adopting digital solutions can enable more efficiency, greater productivity, and allow finance and spend management professionals to be more involved in strategic decisions based on accurate data. Digital is the key to maintaining the delivery of key public services and our summit will help people understand how to do that within their own organisations.”

The findings will be the subject of a live summit to explore some of the challenges faced by finance and procurement professionals working in local and central government organisations.

Free to public sector employees, the event will consider the impact of the UK government’s roadmap for digital and data, and will look at ways to align finance and procurement strategies with organisational goals.