Teach For Armenia Annual Report 2022 | Page 109

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Finance and Operations

Last year , the Finance and Operations Team developed and implemented an Enterprise Resource Planning ( ERP ) platform , enabling the submission of 100 % of all expense requests and approvals , including budget progress tracking . With the help of ERP processing , we already have timely updated budget progresses , reporting , and proper due diligence , all further contributing to our strong financial transparency values .

BUDGET PROGRESS OVER EIGHT YEARS

$ 510,000
$ 1,260,000
$ 2,300,000
$ 3,917,000
2015
2016
2017
2018
2019
2020
2021
2022
$ 275,000
$ 820,000
$ 1,758,500
$ 2,787,000
Annual Report 2022

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