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IFMIS - The Indian Experience

IFMIS - The Indian Experience

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Published by sukeshsanghi

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Published by: sukeshsanghi on Mar 24, 2011
Copyright:Attribution Non-commercial

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04/02/2012

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Modern Integrated Financial ManagementModern Integrated Financial ManagementInformation SystemsInformation Systems
Dipankar SenguptaDipankar SenguptaDirector (Tech.), NICDirector (Tech.), NIC
 
Modern Integrated Financial Management Systems
27
th
February 2009
Overview of presentationOverview of presentation
‡
Concept of an Integrated Financial ManagementInformation System (IFMIS)
‡
Public Financial Management (PFM)
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IFMIS in context of PFM
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IFMIS architecture
‡
IFMIS costs, benefits and risks
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IFMIS ±The Indian Government Experience
‡
Lessons Learnt
 
Modern Integrated Financial Management Systems
27
th
February 2009
What is an IFMIS?What is an IFMIS?
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An IFMIS is a tool to support Public Financial Management
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National Government level
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An IFMIS is a computer software (ICT) application
 ±
Off the shelf package or 
 ±
Custom developed
‡
Provides core public financial management functions, e.g.
 ±
Budget
 ±
Accounting
‡
Key feature -Integration between modules

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