Government Integrated Financial Management Information Systems: Past Present & Future

7/27/2019 Government Integrated Financial Management Information Systems: Past Present & Future

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PFM Trends:

Past, Present and Future

Michael Siegfried

Account Manager, Africa


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PAST TRENDS


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Past Traditions

MIDDLEWARE

DEVELOPMENTENVIRONMENT

REUSABLECODE

CONFIGURATION

APPLICATION

NEEDS

technical

environment


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reality

MIDDLEWARE


REUSABLECODE

APPLICATION

NEEDS NEWNEEDS

DIFFERENTAPPLICATION

integration

extensibility

costrisk

governance


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poorer practices

different budget & financialclassifications

inability to report on money spent

for objective or to cost

increasing procurement arrears &

higher prices

reversals in previous years financial

information or outside system


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solutioning

66

government rejects custom softwareafter years of development

inability to upgrade to accrual

accounting

inability or difficulty to support

IPSAS and GFS standards

inability to reconcile accounts


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visibility

Current NeedsNow SpecializationSilos BenchmarksTrends Future NeedsFutures


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PRESENT TRENDS


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COTS dilemma

MIDDLEWARE


REUSABLECODE

CONFIGURATION

APPLICATION

NEEDS

governance

customization

enterprise

costs

proprietary


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best practices

1010

use of line-item budgeting

not using budget & commitmentcontrols in ERP software

inability to see free balance in

real time

introduction of unneededcomplex processes


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impact

1111

so much customization bears noresemblance to original

inability to easily progressivelyactivate new functions

forced product upgrades

high costs and significant delays


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FUTURE TRENDS


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brief discussionFreeBalance Typical Vendors

Cloud

Designed for Shared Services

and Cloud

Designed for single tenant with

bolt-on technology for cloud

Multiple configuration options

to support uniquerequirements

Restricted ability to support

multiple configurations

Supports stepped migration to

standard configurations

Restricted ability to adapt over

time move to single

configuration

Open load balancing,

virtualization, clustering

Scalability supported through

proprietary solutions


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FreeBalance Typical Vendors

Open System

Java EE-based, proven open-

source components

Proprietary programming

languages

Support choice of open source

and proprietary middleware

Focus on proprietary

middleware with some open

source support

Component-based Service-

Oriented Architecture for ease

of integration

Some interfaces and

WebServices support

Optimal footprint operates

on laptop to data centre

Translation layer, large database

= large technical footprint = notsustainable


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3rd choice: GRP

MIDDLEWARE


GOVERNMENTPLATFORM

CONFIGURATION

APPLICATION

GOVERNANCE

NEEDS

NEED

government platform

custom

COTS

faster

extensible


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achieve government sustainability?

platform & technology built forPFM

engage PFM community deeply togain visibility to future

commit to government successes

and feature improvements

develop methodology likeGovernance Valuation


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.943.286

low medium high very high

Canada

.908

Antigua

.764

Mongolia

.653

Liberia

.329

Timor-Leste

.495

| | |

Selection of FreeBalance Customers, National Level GRP Implementationsfrom low to very high Human Development Index


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Integration

Decision

Making

TransparencyParticipation

Trust

Open

Systems

Effectiveness


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leapfrog

integrated multiple year budgetplanning and execution

10 years of budget data on-line

decentralization & progressive

activation to all govt entities

comprehensive PFM-drivenreform on government platform


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sustainability

affordable

meets

needs

adapt toreform

leapfrog

self-sufficiency

TCO


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GlobalPFM

Provider

CanadianCompany

GRPLeader

100%Government

Focus

ISO-9001/2008

CoversBudget

Cycle

ModernWeb

Technology

HighSuccessRate

Company Summary


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2323

www.transparency.gov.tl


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reporting

Output

Data Mart

Dashboards

i


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review

Strengthening Public Financial25

integration

with macro-

economic

data

examines budget execution data

integrated with

back-office

procurement &commitment

accounting within

IFMIS

i


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review


integrated with

back-officeprocurement &

commitment

accounting within

IFMIS

vendor a

tender results published

government tenders published

i


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review


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Documents

Government Integrated Financial Management Information Systems: Past Present & Future