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
TheFMIS Data Mapperprovides quick access to 154 Bank-funded FMIS projects in 83 countries in Google Maps. Detailed information about the Bank-funded FMIS projects can be found in theFMIS 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, and updated twice a year since then.
GovTech DATASET
In collaboration with the2016 World Development Reportteam, 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 GovTech Dataset.
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 financed 154 projects (132 completed + 22 active) in 83 countries.
- As of January 2024,the total project cost (154 investments) is around $6.015 billion including borrower co-financing.
- TheWorld Bank has provided $5.063 billion for these projects, which include additional components that go beyond FMIS.
- TotalICT/eGov investment in all closed + active projects is around $2.662 billion (FMIS, HRMIS/Payroll, PIMS, Procurement, etc.)
- Thetotal investment only on FMIS components of these activities is around $1.218 billion.
FMIS WORLD MAP
TheFMIS World Mappresents 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 theFMIS & 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.
Last Updated:Jan 01, 2024
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
