Being implemented by IFMIS Department at the National Treasury, IFMIS, is among the key KTCIP projects funded by the World Bank.
Seed said, "Kenya is a leader in ICT and we would like to replicate what the Country has done in terms of IFMIS and e-procurement in other African countries.
The IFMIS e-procurement system apart from increasing accountability and transparency in the tender award process, also speeds up payments made to suppliers.
IFMIS is a software system that relies on SAP software to enhance transparency and information sharing across government institutions.
The IFMIS Project is largely funded by the World Bank and by the UK's Department for International Development.
1 modules, he will be one of just two volunteer experts to embark on this three-day trip to Zambia and assist in improving the ministries' and provinces' capacity to collect and analyze fiscal data through the IFMIS.
Support for expansion and modernization of IFMIS
According to IFMIS
director Jerome Ochieng, by June, installation of the system will be done in the 19 agencies before introducing the same to other state corporations.
The additional credit will finance: (i) the implementation of the Integrated Financial Management Information System (IFMIS
), including the strengthening of IFMIS
skills transfer and other change management activities to support the sustainability of the IFMIS
and enhance local IFMIS
management capacity; (ii) the strengthening of public procurement system, focusing on performance and service delivery; and (iii) the implementation of a Public Sector Performance-Based Management System and results monitoring of the Plan Senegal Emergent (PSE).
The PFMRP will support four main components (integrated planning and budgeting, IFMIS
and cash management, public procurement and internal audit and internal control) of the PFM Strategy in the first phase of the proposed reform program.