Resource How to modernize the Integrated Financial Management Information Systems (IFMIS)
Type Scoping study, Desk study, Survey
Last update: 11/03/2019
Type: Scoping study, Desk study, Survey
Language English
Year of publication: 2019
Download: 1,008kb
Summary Based on the analysis of some success factors of integrated financial management information systems (IFMIS) in Latin America and the Caribbean (LAC), this paper identifies the technological pillars of a modernization strategy for these systems as a platform for public expenditure management and makes recommendations. It also describes aspects of properly maintaining these systems, extending their life cycles, using international best practices on information technology management, focusing on system users, expanding the use of cloud-based data and services, sharing programming codes, exploring the use of new distributed ledger technologies, expanding horizons for electronic payments, and increasing the use of data analytics, among other emerging technologies
Role Organisation
Network Organisation organisation details Food & Nutrition Security-Suriname netwerk
Publisher organisation details Inter-American Development Bank
List Keywords
1.1 Socio- economic Sector (OECD) 150 Government and civil society
240 Banking and financial services  
1.2 Institutional dimension Administration
Finance & Credit
Policy Development
Organizational change & learning