BRIEF

Financial Management Information Systems (FMIS)


Image


Financial Management Information Systems (FMIS)

Financial Management Information Systems (FMIS) support the automation and integration of public financial management processes including budget formulation, execution (e.g. commitment control, cash/debt management, treasury operations), accounting, and reporting. FMIS solutions can significantly improve the efficiency and equity of government operations, and offer a great potential for increasing participation, transparency and accountability. Whenever FMIS and other PFM information systems (for example, e-procurement, payroll, debt management) are linked with a central data warehouse (DW) to record and report all daily financial transactions, offering reliable consolidated platforms can be referred to as integrated FMIS (or IFMIS). The World Bank is a leading provider of financing and technical assistance for FMIS development.


FMIS DATA MAPPER

The FMIS Data Mapper provides quick access to 145+ Bank-funded FMIS projects in 80 countries in Google Maps.  Detailed information about the Bank-funded FMIS projects can be found in the FMIS Database [XLS]. FMIS Database was originally developed as a basis for the first FMIS Study (FMIS: 25 Years of World Bank Experience on What Works and What Doesn't) published in April 2011 (available in nine languages) to share the developments and lessons learned in World Bank Funded projects.

FMIS WORLD MAP

The FMIS World Map presents basic information about 194 FMIS solutions in 198 economies worldwide using Google Maps. Detailed information about these FMIS platforms and government practices related to publishing open budget data can be found in the FMIS & OBD Database [XLS]. This database was developed as a part of the World Bank study (FMIS & Open Budget Data: Do Governments Report on Where the Money Goes?) released in September 2013 (available in nine languages) to present good practices and guidelines for publishing reliable open budget data from FMIS. 

PFM Systems and e-Services

In collaboration with the 2016 World Development Report team, another global dataset was developed to present the trends in modernization and integration of public financial management (PFM) systems and online services (e-Services) in 198 economies worldwide. Basic information on core government systems and online services can be found in the PFM Systems and e-Services Database [XLS].

STATUS OF FMIS PROJECTS

The World Bank Group has leading edge knowledge and substantial global experience to assist in the development or modernization of treasury systems and the establishment of integrated Public Financial Management (PFM) frameworks. Since 1984, the World Bank has has financed 147 projects (104 completed, 34 active, and 9 pipeline) in 80 countries totaling over 4.887 billion USD for the design and implementation of Treasury and FMIS solutions. The total amount of funds spent or allocated for Treasury/FMIS (T/F) projects is around 5.908 billion USD, including the borrower co-financing and other donor funds, among which nearly 2.363 billion USD has been spent for FMIS related Information and Communication Technology (ICT) solutions.

Image

Last Updated: Jul 01, 2018


COMMUNITY OF PRACTICE

FMIS Community of Practice (FMIS CoP) was established in September 2010, as a platform for exchanging information, good practices and experiences gained in the design and implementation of FMIS solutions.

BLOGS






FMIS specialist

Cem Dener

Lead Governance Specialist, Information Systems & Chair, FMIS Community of Practice