Financial Management Information System

Financial management information systems (FMIS) can be broadly defined as a set of automation solutions that enable governments to plan, execute, and monitor the budget by assisting in the prioritization, execution, and reporting of expenditures, as well as the custodianship and reporting of revenues. Accordingly, FMIS solutions can contribute to the e ciency and equity of government operations. (World Bank, 2011)

The World Bank has supported the design, development, and introduction of FMIS around the world over the last 25 years, and provides a suggested framework for FMIS design in their lessons learned summary. Like any enterprise level system, FMIS can be complex and benefit from integration with related systems, like human resource information systems.